There are several ways that firms can improve their bottom line without relying on strict cost-cutting.
Your legal team might be in need of a practice management advisor, and you might not know it yet.
While Covid-19 has presented the legal industry with many hurdles, it has also opened the door for advancements.
The legal industry is slowly embracing technology and seeing the benefits of advancement.
Automate processes such as electronic signature and contract analysis technology to review and approve contracts quickly.
With data, teams can quickly identify trends and allocate resources effectively, leading to faster decision-making.
Legal operations teams measure their performance with key performance metrics, such as productivity, cost savings, client satisfaction, and process efficiency.
As technology continues to evolve, legal technology's role in legal operations will continue to grow.
AI can be used to identify and classify sensitive data, such as social security numbers.
