Posts Tagged ‘Legal Tech Adoption’
Why Data Security is Important for Legal Tech (ABA Rule 1.6 and Beyond)
Digital security matters. A recent report cited by The Washington Post noted that global data security breaches cost companies and organizations more than $1 trillion per year in direct economic losses. The intangible loss to reputation can be even more severe. When new tech is rolled out by a business or an organization, it is…
Read MoreLegal Tech Startups That You Should Know About
The legal industry is enormous. According to data cited by Statista, American law is now a $350 billion dollar per year industry—and the growth has been more over the last five years than has been the national economy as a whole. In a hyper competitive environment, many law firms and legal departments are falling behind.…
Read MoreEmerging Legal Tech Trends of 2022
The use of new technology continues to spread rapidly in the legal industry. With every passing year we see more and more new innovations. Yet, many firms and departments are still struggling to implement effective technology in their practice, with many in the profession believing that their firm or department needs to do more to…
Read MoreHow Virtual GCs Use Legal Tech to Power Client Relationships
For early-stage startups, hiring a General Counsel is rarely at the top of the list. Product, engineering, marketing and sales almost always take priority. But for a business to scale successfully, especially where investors are involved, having the right legal foundations – intellectual property, company setup and governance, founders’ agreements, investor paperwork, employment – often…
Read MoreHow to Use Legal Tech to Establish Better Processes
Managing a law firm or legal department can be stressful, chaotic, and even overwhelming. A well-designed project management process helps to make things less challenging. According to an article published by JDSupra, “legal project management (LPM) plays a critical role in boosting law firm profitability and enhancing client relationships.” Now is a great time to…
Read MoreWhat’s Driving the Legal Market in 2022?
We now have a month of 2022 under our belts. In this new year, there are unique opportunities for law firms that are willing to adapt and take on the future. Ongoing issues related to the pandemic, combined with quickly growing legal tech options, present silver linings during a challenging time that have the potential…
Read MoreGood Demo / Bad Demo
At Lupl, we recently tore up our demo script. It had served us well enough…but something was missing. So, we ran some internal discussions on “Good Demo / Bad Demo” – a kind of retro on every demo we ever did, and every SaaS demo we ever attended. Our goal was to level up our…
Read MorePros & Cons of Using Smartphones for Legal Work
Smartphones, for many legal professionals, are a blessing just as much as they are a nightmare for other legal professionals. Regardless of which side of the spectrum you land on, two things are pretty much certain: (1) smartphones are here to stay; and (2) no matter how much you may resist it, you will likely…
Read MoreHow Law Firms Can Avoid Ethic Violations When Using Legal Tech
We’ve said it before: Legal Tech disruption is “an inevitability.” Law firm and legal department adoption of legal technology, however, still remains slow. The resistance in part is due to ethics and the fear of violating the rules or codes of professional conduct. This fear is real––ethics has not yet quite caught up to the…
Read More6 ‘must dos’ for speeding up Legal Tech adoption
These days, if you’re a lawyer who hasn’t been affected by the disruption of Legal Tech in delivering legal services, you’ve been trying really rather hard to avoid it. As Legal Tech vendors proliferate in the market, as in-house Corporate teams receive increasing pressure to do more with less and as law firms continue to…
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