Blogs

Streamline Legal Drafting with a Clause Library

By Marcos Torres posted 20 days ago
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In the world of legal drafting, every word matters. But reinventing the wheel for each new document is a recipe for wasted hours, inconsistent language, and potentially serious errors. A clause library offers a smarter solution, streamlining the process while ensuring accuracy and consistency. What is a Clause Library? Think of a clause library as your law firm's own customizable toolkit for contract drafting . Instead of re-writing standard provisions from memory or hunting through old documents, you have a centralized collection of pre-written and pre-approved legal clauses at your fingertips. Let's break down what's in your toolkit: ...
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Legal Software is 2023 Growth Leader - Okta Businesses at Work Report

By Maureen Blando posted 03-18-2024
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Hi ILTAns! This post has new data about legal applications and enterprise software used in #legaltech, including 1Password, KnowBe4, Ironclad, Vanta, Drata, and Microsoft. There is nothing commercial in this content. Pure data and #dataviz . Enjoy! Okta has application usage data which you simply will not find anywhere else. This year's report draws data from their anonymized 18,800 global customer base. Okta is a leader in identity and access management products. You may download the full "Okta Businesses at Work 2024" report here . Growth in app categories: Legal software is the leader in customer growth Okta kicks off this year's report ...
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Legal Applications are the Growth Leader in New Okta Businesses at Work Report

By Maureen Blando posted 03-18-2024
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Hi ILTAns, this post focuses on data and #dataviz about enterprise applications from the new Okta report, from Ironclad and LexisNexis to Microsoft, Vanta, and Drata. There is no product promotion in this post. :) Okta has application usage data which you simply will not find anywhere else. This year's report draws data from their anonymized 18,800 global customer base. Okta is a leader in identity and access management products. You may download the full "Okta Businesses at Work 2024" report here . Growth in app categories: Legal applications are the leader in customer growth Okta kicks off this year's report with a spotlight on Legal ...
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6 Critical Components of a Well-Organized Case File: A Checklist for Attorneys

By Marcos Torres posted 02-22-2024
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Efficient case file organization is the bedrock of success in the legal profession. From the initial intake to the final resolution, a well-structured case file streamlines workflows and ensures accuracy, accessibility, and efficacy throughout the legal process. Attorneys daily navigate a sea of documents, facts, claims, and details. A disorganized case file can lead to oversights, misplaced information, and unnecessary delays. Hence, this article outlines the pivotal elements for a meticulously organized case file. Overview of the 6 Critical Components Checklist This guide will explore six fundamental components pivotal to a well-organized ...
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The Unicorn is 10 Years Old – My Four Favorite Charts

By Maureen Blando posted 02-07-2024
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Ten years ago, Aileen Lee, the founder of seed stage VC firm, Cowboy Ventures, studied the characteristics of VC-backed companies. In the 2013 report, “ Welcome to the Unicorn Club ,” Lee coined term “Unicorn” to describe those privately held startups with a $1 Billion or greater valuation. Unicorns were off to the races. Now, ten years later Aileen Lee and her “Cow-lleagues” have taken another deep dive into VC-backed startups. They have just published, “Welcome Back to the Unicorn Club: 10 Years Later.” And, yes, after a pandemic and years of near-zero interest rates, things have changed. The slide version of the report is 54 slides long, mostly graphs. ...
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2024 Report on the State of the US Legal Market - My Four Favorite Charts

By Maureen Blando posted 01-17-2024
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The catchy take-away from the Thomson Reuters “ 2024 Report on the State of the US Legal Market ” is that law firm leaders who don’t respond to the shifts in the legal market in the past 15 years may share a destiny with Pan Am. The US airline, Pan Am, was the largest international carrier in the mid-20th century. Pan Am filed for bankruptcy in 1991, after decades of tremendous growth in air travel. For those who recall Pan Am, it’s a vivid illustration. You will see the tie-in below. Looking at today’s legal market, the Thomson Reuters report is full of data and graphs which quantify recent trends. Key Trends: There is a shift from the “Transactional ...
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Press Release | ILTA's Women Who Lead present: Catalyst: Women Leading Change

By ILTA News posted 01-12-2024
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(Chicago, IL) January 10, 2024 — The International Legal Technology Association (ILTA) Announces the Women Who Lead (WWL) event – Catalyst: Women Leading Change ILTA is pleased to announce the in-person event - Catalyst: Women Leading Change , on March 21, 2024, at Vinson & Elkins for the New York City main stage. This nation-wide event is designed to offer in-person simulcast locations in Houston, Dallas, Austin, and San Francisco to increase networking. This one-day event will focus on change and disruption. Change for both our professional and personal lives and the disruption and developments in Ai. Elevate your skills and ...
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Software Integrations: The Hidden Key to Maximising Firm Efficiency

By Georgina Slater posted 08-16-2023
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Introduction From generative AI to cloud transitions, the legal technology stack has transformed during the last few years – and even months.* The network of systems law firms rely on to deliver legal advice has expanded exponentially, and it is becoming increasingly more complex. Managing all of the siloed applications needed for legal workflows can be a demanding and time-consuming process. This can put significant pressure on a law firm’s IT team. This is heightened when each tool works independently, and not in harmony with others within the technology stack. The compliance of data stored in each system must be considered and managed effectively, to ...
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Revolutionizing Legal Operations: How Kim helps you save time and boost productivity

By Melody Easton posted 04-17-2023
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Corporate legal teams are often asked to do more with less, which means they need to find ways to streamline operations and become more efficient. In today's fast-paced business environment, legal teams must be able to handle a high volume of work while still delivering high-quality output. This is where Kim Document comes in - it is a tool designed to help legal teams manage their workload more effectively and efficiently. Kim helps with these three "no-regrets" decisions that corporate legal teams can make to streamline their operations and become more efficient. These decisions are: Self-service : Kim Document allows legal teams to self-serve low-complexity ...
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Don't Let Manual Data Rekeying Put Your Law Firm at Risk

By Melody Easton posted 03-28-2023
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Data is a critical asset for any law firm in the digital age, but manually rekeying data comes with significant risks that can harm a firm’s operations and bottom line. In this article, we will explore the risks associated with manual data rekeying and suggest some measures law firms can take to mitigate them. Human Error : One of the biggest risks associated with manual data rekeying is human error. Even meticulous data entry professionals can make mistakes, resulting in inaccurate data that can impact a law firm's decision-making processes. Simple errors such as entering incorrect data or transposing numbers or letters can have significant consequences, ...
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The ILTA Distinguished Peer Awards and YOU

By Beth Anne Stuebe posted 12-02-2022
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For decades, ILTA has been the leading educational resource for legal technologists. You come to ILTA to learn and grow your skill set, to challenge yourself and become an innovator. You join us at ILTACON, LegalSEC, onsite for ILTACON Europe, for our one-day roadshows, and throughout the year, virtually, to expand your knowledge base and to connect with peers and partners. Now, more than ever, ILTA’s peer-powered network is connecting members, partners, subject-matter experts, and all #legaltechnologists in ways that we could not have fathomed prior to 2020. Today, we are asking our fellow ILTAn’s to look around their own legal tech sphere’s and to nominate ...
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From recording to text without typing

By Michaela Kraft posted 11-17-2022
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Speech-to-text solutions are the preferred choice for many organizations when considering their dictation requirements and organizational needs. According to a recent market report published by Grand View Research, Inc., the global speech-to-text API market size is expected to reach USD 8.56 billion by 2030 and grow at a CAGR of 15.2% from 2022 to 2030. With this growing need for speech-to-text solutions, it is common for organizations to put together a business case and weigh in the return-on-investment (ROI), to get desired results. However, to arrive at a decision, it is important for organizations to consider the benefits and best practices associated with ...
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Maptician Empowers the Hybrid Office with Release of Powerful New Feature: Presence

By AshLea Allberry posted 09-21-2022
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Maptician Empowers the Hybrid Office with Release of Powerful New Feature: Presence Presence helps professionals optimize their in-office time Maptician , makers of market leading intelligent space and occupancy management technology, today announces general availability of Presence, a powerful new feature designed to optimize people and space in hybrid office operations. Presence delivers unprecedented visibility into peers’ physical office attendance through an automated and proprietary internet protocol (IP) based integration. With Presence, professionals make quick decisions that optimize their in-office time aligned with collaboration, networking, ...
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A More Secure Solution than Scan-to-Email: A Digital Mailroom Built for the New Normal

By Michael Herzog posted 06-07-2022
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When the pandemic sent the workforce to home offices, most law firms quickly started scanning daily mail to email inboxes. Facilities management or mailroom staff went into the office and cobbled together a new work process to accommodate this method of delivery. For the purpose of this article, daily mail includes documents delivered by USPS, overnight services or local couriers. But email has proven to be a poor workflow management tool and perhaps more importantly, nearly impossible to govern. Email is also the weakest point of security and compliance in the lifecycle of matter documents and client information. Clients pay attention to this. Year over ...
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A How-to Guide to Transform Your Mail Room for the Normal Now

By Michael Herzog posted 05-11-2022
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As law firms transition from crisis management to long-term solutions for the Normal Now, a crafted digital mailroom is essential. Inbound legal mail needs to get in the DMS, not the email system where it is delayed and exposed. If your firm is still scanning daily mail to email, how many of these challenges does your firm experience? The mailroom scanning operation is not integrated with the document management system (DMS). Scanned mail recipients must use their email inbox as a workflow tool to process daily mail. From an IT and security perspective, scanned legal mail ends up as unnamed PDF attachments stored in the email server, clogging storage ...
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Makeshift Mail Scanning — A Fire Drill on the Verge of a Train Wreck?

By Michael Herzog posted 04-13-2022
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Law firms were forced to develop new habits to handle work during the pandemic. Physical mail delivery is no exception. Some solutions were carefully thought out, but like many problems solved at the start of the ‘stay at home’ orders, many are still running in the same way as when they got cobbled together as an emergency response. Just for fun let’s take a look at some of the fire drill mail delivery routines we have come across that were hurriedly put in place. Our point, of course, is to shed light on the fact that your law firm cannot keep operating in emergency response mode when it comes to processing mail. The daily mail is essential to a law firm because ...
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Quality Control over your Mail and Records Processes

By Steve Irons posted 05-06-2021
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Quality Control and Shredding Documents The payback for scanning paper documents is never fully released until shredding occurs. Continuing to distribute, store and manage paper physically after it is made digital is inefficient, posing a risk to your clients and ultimately the firm. Unfortunately, the decision to shred is a big one for a firm and so is often delayed indefinitely seeking that “perfect” time or set of circumstances to make such a move. A carefully defined, quality control procedure ensuring the digital version accurately represents the physical document could give firm leaders the confidence to shred thereby reaping the benefits from scanning. ...
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Reduce Real Estate by Digitizing Daily Mail and Records – The Right Way

By Steve Irons posted 04-23-2021
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The ways attorneys prefer to work has transformed. 76 percent now favor remote work, according to the 2021 Peer Monitor and Georgetown Law State of the Legal Industry Report. And if attorneys change the way they work, that means everything changes: from how attorneys receive client mail and request matter files, to large scale financial decisions that affect one of the most expensive costs law firms have after salaries: real estate. This is why we shouldn’t be surprised when Sherry Cushman, Vice Chair and Executive Managing Director of Cushman & Wakefield, predicts “The legal sector will be downsizing its real estate needs on average 10% to 30% — and ...
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Event Recap: ILTA Executive RT & Malt Whisky Tasting, Document as a Service: A New Take on Document Automation

By Mercedes Oppon-Kusi posted 03-02-2021
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Document automation is one of those legal tech perennials. Software that enhances the drafting of documents has been around for almost forty years – longer, indeed, than the careers of most of today’s legal technology professionals. Despite its longevity, however, it remains only partially exploited by law firms. A segment that was once dominated by a single product, HotDocs, has recently become much more diverse and has seen a wave of development, investment and innovation. It is back on the radar. On 25 th February Richard Newton and Mark Ford of legal tech consultancy echo.legal discussed developments with IT Directors from 25 European law firms at ...
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By Far My Most Used ILTA Resource

By Eric Weller posted 01-26-2021
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Lean in for a Real-World Impact... The ILTA online communities have had a real-world impact on Fennemore's operations over the years, with reports of service interruptions, risks, and issues affecting legal-specific solutions which we wouldn't have been alerted to through wider-targeted media we consume. When we were looking for ways to improve providing and tracking services, especially for remote workers - we leaned into the online communities. ( Check out this thread on Administrative Teams ). As a matter of course when I'm planning a new deployment or an upgrade, I check ILTA Communities for discussions about the product, and this has on numerous occasions ...
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