According to statista report, the global legal tech market stood somewhere around 18.4 billion US dollars in 2021 alone. The legal industry is dynamic and keeping this figure in mind, current technology trends over shadowing manual work, it’s hard to predict what your next move will be. An array of technology is being deployed in […]
Somewhere in the 90’s a speaker said the future of the law offices will rely on a lawyer, a dog, and a computer. A computer to operate all the legal operations of a law firm and a dog to keep the lawyers busy and relaxed. In November 2022, a US based artificial intelligence research lab, […]
Ever thought of upgrading your legal operations on blockchain technology? Ever thought about why industries are stepping towards blockchain-based applications? What if I tell you blockchain will change the face of legal tech five years down the line? Understanding Blockchain Technology Ok! To start with, let’s get a basic understanding of what blockchain is! Simply […]
According to the American Bar Association (ABA), there were approximately 34,633 law school graduates in the United States in 2020. This represents the number of new lawyers who entered the profession in that year. To be a successful lawyer, one must exhibit impressive skills, from analytical and critical thinking to communication and negotiation skills. Let’s […]
In 2021, the legal tech market generated revenues of $27.6 billion USD worldwide, with the market forecast to grow at a CAGR of over 4% by 2027. In that year, revenues are set to reach 35.6 billion USD. In recent years, law firms turned to private legal cloud technology for enhanced safety and security. With […]
In 2022, a Gartner report quoted, “By 2024, legal departments will replace 20% of generalist lawyers with nonlawyer staff”. Change management is a prism. To walk on the right path you need the right strategy to unlock the lock. The key to success is to first identify specific issues that can be solved with automation. […]
Over the years, technology has impacted every business around the globe. Success rate of any business revolves around technology and automation. It’s practically impossible to operate all operations in-house while delivering a high-end, client-centric experience. Instead, for many small businesses which do not exempt solo practitioners and small law firms. Undoubtedly, law firms hold massive amounts […]
Law firms are about to witness high turbulence in the year 2023. The legal market is witnessing a downside curve as compared to 2021. Although the law firms recorded an impressive growth of approximately 4.2% in 2022. Even with such impressive growth last year, the legal industry may face challenges that may muddle various facets. […]
Let’s start with a simple question! Are you having a good balance between your professional and personal life? Often, it gets difficult managing both of them together. And if you do this, you’re surely a Samurai at management skills. Research says, 70% of lawyers miss out on maintaining work-life balance. Legal professionals face numerous challenges […]
As a criminal defense lawyer, you are tasked with the responsibility of protecting the confidentiality and freedom of your clients. Whether it be through representing them in the court, depositions, or conducting investigations, criminal defense lawyers play a critical role in ensuring that the justice system is fair and impartial. However, this job is not […]
