This post was originally published on this siteBigHand’s comprehensive research findings paint a challenging outlook for the legal sector, with a staggering 75% of respondents reporting a decline in demand over the past 12 months The post BigHand releases groundbreaking research on declining demand for legal services and industry response appeared first on Legal Futures.
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This post was originally published on this siteIn the face of declining profits, client demand and increased staff attrition, the legal services market is currently facing the risk of a significant downturn in profitability. The post Conquering cost challenges through workflow management appeared first on Legal Futures.
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This post was originally published on this siteLeading law firm funding business VFS Legal has gone into administration, with its founder telling Legal Futures that a change in its wholesale funder was the cause. The post Leading law firm working capital provider goes into administration appeared first on Legal Futures.
Continue ReadingThis post was originally published on this siteRichard Tromans is fond of saying, “It’s a game changer when the game has changed.” NetDocuments’ new generative AI products may be the game changer. When I was practicing law full-time, we often had discussions and dreamed about a dynamic “past efforts file.” The idea was that we […]
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This post was originally published on this siteThe cloud-based e-discovery company Nextpoint has received a growth capital investment from RF Investment Partners, a company that provides structured growth capital. The amount of the investment was not disclosed. Nextpoint and RF say that the investment will be used to accelerate Nextpoint’s growth through movement into new […]
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This post was originally published on this siteWhen a company says its product is designed to overcome writer’s block and combat hallucinations, it might sound as if it was custom made for gonzo journalist Hunter S. Thompson. In fact, however, it is a new generative AI assistant being released today by e-discovery company Everlaw to […]
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This post was originally published on this siteToday LexisNexis® Legal & Professional is announcing the launch of InterAction+™, a new cloud-based legal CRM that integrates the workflow around law firm contacts into Outlook and leverages the firms existing Lexis subscriptions to deliver business intelligence into the CRM experience. The new interface add new features, including […]
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This post was originally published on this site NetDocuments, a native cloud Document Management System is jumping into the Generative AI market for Legal with is announcement of ndMAX. The company plans r a suite of generative AI-powered products designed to streamline the entire legal workflow based on practice group needs. According to the press […]
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This post was originally published on this siteThe Ministry of Justice is to introduce compulsory mediation for small claims valued up to £10,000, starting with specified money claims. The post Government to introduce compulsory mediation for small claims appeared first on Legal Futures.
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This post was originally published on this siteLaunched in 1993 and acquired by LexisNexis in 2004, Interaction is one of the most established client relationship management (CRM) products in the legal market. An on-premises product designed for large law firms, InterAction is used by three-quarters of the Am Law 100 and three-quarters of the largest […]
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