Significant shifts in law firm market, including generative AI, pose challenges: 2024 report on the state of the US legal market by Thomoson Reuters

Thomson Reuters, a global content and technology company, and the Center on Ethics and the Legal Profession at Georgetown Law today released the 2024 Report on the State of the US Legal Market.

Leasehold reforms: preparing for new changes in 2024 – find out more with VirtualSignature

Leasehold reform expected this year should reap benefits for a sizeable number of householders. According to Government statistics there are approximately 4.98 million leasehold dwellings in England, the majority of which are in London and the North-East.

Software that alleviates workload pressure – find out more with Advanced

Running a law firm can be a rewarding experience but it comes with its own challenges. One of the most pressing issues that every firm faces is supporting their fee earners.

Xperate named Legal Tech Buyers Guide Award Winner

We are pleased to announce that Xperate has been recognised with the “Plays Well with Others Award” in the 2023 Hindsight Legal Tech Buyers Guide awards. As a company renowned for developing integrations between legal technology suppliers and law firms, this important recognition reflects our team’s tireless efforts working behind the scenes.

AML Compliance update: How to avoid unnecessary fines and reputational damage according to Osprey Approach

The latest annual AML Report from the Solicitors Regulation Authority (SRA) makes for sobering reading. Despite the 2017 Money Laundering Regulations having been in place for six years, almost a third of law firms are failing to get the basics right, leaving themselves open to large financial penalties.

How your firm can manage and reduce risk with tech according to Promptr CRM

Webinar recording of our run through of typical law firms risks, from dropping the ball with client relationships, missing opportunities and chances to get in touch with contacts, to monitoring complaints, all with Promptr legal CRM, by Simon McNidder, CRM Headache Solver, Promptr CRM. A fully managed CRM service and software for law firms.

Five minutes with Sheryl Hoskins, CEO at Litera

Sheryl Hoskins’ first job, as an active-duty officer in the US Army, seems a far cry from her current role as a CEO.

Identifying risks to profit leakage – find out more with Advanced

In an industry where every billable minute counts, profit leakage is a significant and very real concern. As profit leakages continually pose risks to their financial health, almost all firms have looked to raise the billable hours targets in 2023, while around half of UK firms had done so by more than 10%.

Law firm data governance news by Iron Carrot

Welcome to issue 17 of Iron Carrot’s Newsletter: Law Firm Data Governance News. Each month(ish), I’ll highlight our latest posts on Data Governance across LinkedIn, our Website, the Podcast, and other social media locations.

The future of law with Sysero: Five key trends shaping legal technology in 2024

As we prepare to step into 2024, the legal technology arena is poised for transformative changes that promise to continue to redefine the way legal professionals operate, collaborate, and deliver services.