There’s no beating around the bush anymore: law firm technology is here to stay.
5 Services for Lawyer and Firm Management
Modern lawyers are required to fully leverage the power of legal technology to be able to thrive in these turbulent times at LegalDrop.com
However, this is all easier said than done. There are plenty of options in today’s legal software market and they all seem to be promising game-changing benefits.
Luckily, there are ways you can cut through the noise and decide which solutions are essential.
These 5 services, in our opinion, can maximize your efficiency and deliver on the hype:
1. Document Review Software
The first type of software for lawyers that you can get tangible benefits from is legal document review software.
Let’s say you’re already putting together documents, such as contracts, using templates (as you should) but you’re still doing the lengthy process of review manually.
In this scenario, you’d miss out on a world of time and cost-saving advantages this type of software would give you.
AI-powered document review software can scan through your text and automatically bring out key details in your legal document. All the main terms are then grouped for easy access.
In some cases, the same machine learning algorithm can also help lawyers address the ever-present formatting errors and problems with lists and numbering in legal documents.
Reviewing by using technology can streamline this time-wasting process and ultimately help you work more efficiently, while also saving you money on operational costs.
2. Legal Document Management System
Storing files on your hard disk and retrieving them by navigating convoluted folder trees is not going to slide in the current landscape of the legal industry.
This is particularly true nowadays when remote working and working flexibility are becoming a priority for lawyers.
Managing and storing documents within a cloud-based legal document management system (DMS) can help you stay organized in a time when we have to deal with a multitude of file formats. The majority of law practice management software programs help law firms keep track of their cases, contacts, calendars, documents, tasks, billing, payments, accounting, and more.
A DMS ensures that your documents, contacts, emails, and other media are stored with proper metadata.
This is achieved through content tagging. You can use keywords to tag documents by any criteria you see fit.
Once your files are indexed and searchable, file retrieval becomes significantly easier and you can say goodbye to the dreaded document hunt.
But the magic bullet when it comes to cloud-based DMS solutions is their remote working capabilities.
Centralized cloud storage allows everyone in your law firm to access important files from anywhere.
When you combine accessibility with version control features, you get a powerful remote working and collaboration tool.
Version control provides insight into changes made to a document in real-time, but it also creates a new version on every new edit.
With this, everyone will always be certain they are working on a relevant version of the document.
3. Client Intake Software
Aside from saving you a lot of time and money, onboarding new clients using a client intake solution is an approach your potential customers will most likely appreciate.
How does it help?
This type of legal software allows you to onboard new clients without any paperwork. It lets you add digital intake forms to your website where your potential client can enter relevant info well before they even step into your office.
This all means that you will never have to rely on inputting any type of information manually as client intake software automatically logs client data into your database.
Thus, the members of your team will be free to focus on more important tasks within the company.
4. Legal Task Management Software
Every case consists of several smaller tasks that need to be done before the end of the project.
How you keep track and manage those tasks (and subsequently, team members) makes a lot of difference in the final product.
Task management software allows you to monitor the work that needs to be done and assign tasks to different co-workers.
If you approach projects this way, there is a new level of transparency when it comes to duties, as well as deadlines.
Because office workflows can oftentimes be chaotic, having a visual layout of the progress of your case can help you spot bottlenecks and delays long before they even happen.
The result is a more efficient group project without a hint of confusion, tensions, or obstructions.
5. Cloud-Based Legal Practice Management Software
A legal practice management software is a good all-around solution for most law firms, regardless of their size.
It does a little bit of everything, from case management to time-keeping and billing. The wide array of tools its offers can be customized to the needs of your law firm, all within a single package.
What makes a cloud-based variant of this software useful is the fact that it’s, well, cloud-based. It allows you to access your invoices or time-keeping tools, for example, even when you’re outside of your office.
Aside from flexibility, the biggest plus of cloud-based legal practice management is the fact that it might be the most cost-effective way to grow and reinvent your legal practice.
This solution doesn’t require a dedicated staff member who takes care of your servers or even costly investments towards new IT infrastructure. \Everything will be taken care of by your software provider.
A Legal Tech Toolset
Ultimately, it all depends on the needs of your law firm. The solutions we mentioned will do what they promise to do – increase your efficiency and set your law firm on a brand new path of growth.
Before choosing any software, read all the necessary information by visiting the official websites of every software.
For instance, you can learn more about legal tech review software on loio.com to ensure your choice of software is well-grounded.
However, you shouldn’t get bogged down in acquiring every available tool in the market just because it seems like it might help.
Using a mishmash of tools might make your workflow a lot more convoluted than it needs to be.
Conclusion
That’s why the tools we listed should be viewed as a starting point to making your day-to-day operations as smooth as possible.
Our recommendation – introduce one tool and build your legal tech toolset from there.
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