May,2023
Emerging technologies such as Artificial intelligence (AI), cloud computing, and blockchain are rapidly transforming several industries, including legal. These technologies are changing how legal practitioners work, communicate, and provide legal services. To understand this changing landscape, we interviewed legal experts to share their views on new technologies transforming the legal field. Let's learn from the experts about the latest technologies, the advantages and challenges, and what the future holds for lawyers. What is the impact of emerging technologies in the legal world? 1. Sara Sharp, Mergers and Acquisition Attorney | SK&S Law Group Artificial intelligence (AI) is one of the [...]
Learn MoreMay,2023
Today, the ground reality of contract lifecycle management has evolved. Running around circles for contract drafting, reviewing, negotiating, and signing is no longer in practice, thanks to digital trends in contract management! Businesses have encountered numerous challenges in terms of contract handling, consuming not only money but also time and resources. Managing multiple contracts can lead to inefficiencies, missed deadlines, compliance issues, and regulatory complexities. However, with the advent of new technologies and contract management services, businesses are now able to protect their profit margins and achieve the desired success. According to a report by Gartner, in 2024, AI-powered [...]
Learn MoreMar,2023
In response to ever-expanding workloads and the complexities associated with lawsuits and cases, law firms are increasingly opting to outsource various legal tasks. These tasks encompass a wide range of activities, including legal research, summarization of medical records, deposition summaries, complaint drafting, demand letter drafting, Discovery document preparation, E-discovery, Document Review, Contract lifecycle management, and Legal writing. By delegating these voluminous tasks to professional litigation service providers, law firms enable onshore lawyers to focus on utilizing their professional expertise for case strategy and business strategy. This strategic outsourcing allows legal professionals to streamline their workload, improve efficiency, and dedicate more [...]
Learn MoreFeb,2023
No matter what type or size of business you run, managing contracts are an essential component of how your operation runs. The foundation of every business that an enterprise has with its stakeholders, such as customers, suppliers, and partners, is contract management. This includes creating a contract, which defines obligations, draughts, and negotiations, as well as oversees the overall performance of a contract term. The duration of a contract management process is the most crucial factor. Some contracts automatically renew, while others have an end date. Your contracts, whether they are renewed or about to expire, are included. The decision [...]
Learn MoreJan,2023
If you have started your own legal firm, it's an achievement in itself. You reached here through multiple challenges and by staying determined along the journey. But now that your law office is up and running, it's time to get into some law firm branding. A law office is also a business; hence, you need to market your firm's potential to clients to get the right amount of success. Your team may comprise the top legal attorneys, but without branding, they'll never get a chance to showcase their skills. Branding forms the base of a well-structured marketing strategy. There are [...]
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