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Why firms must conquer their data mountain - Part 2

Chris GilesIn Part 1 we detailed the numerous and growing risks that law firms face when excess information isn’t systematically minimised, while acknowledging the daunting task firms face in tackling the issues once and for all. To suggest a way forward, in this piece Chris Giles describes the five basic steps he recommends firms take to start scaling their data mountain. 

Why law firms must conquer their data mountain - Part 1

Chris GilesA common theme when we talk to law firms about information retention and disposition is that people know it ought to be done, but they lack information and urgency as to exactly why and they don’t know where to start. Here Chris Giles sets out the growing risks firms face when excess data isn’t dealt with and suggests the five steps they can take to tackle the issue once and for all. 

What are the top legal technology trends in 2023?

Tiger Eye logoAs legal IT specialists and a full-service iManage Partner, Tiger Eye support customers to work efficiently and boost productivity, delivering solutions for every step of the document and email journey.

Introduction

As a trusted advisor to law firms around the world, we are often asked what the key trends are in the legal technology space – and how firms can seize new opportunities presented by new technologies.

Modern Law Firms Adopting PDF-as-a-Service Philosophy

Peter ZverAaS (As a service) business models have existed for decades as evidenced by the most well-known and most subscribed service used by all … Energy. On the technology side we have seen the emergence of SaaS (Software as a Service, Security as a Service), IaaS (Infrastructure as a Service), PaaS (Platform as a Service), and most recently AIaaS (Artificial Intelligence as a Service). 

2023 Global Momentum Highlights

Jessica KattmanFrom the launch of MADDI, an AI-powered virtual associate, to the release of Onyx, Aderant reveals new firepower to record attendees

Hosting more than 600 clients and partners in Denver, Colorado, from May 8-11 and more than 400 clients virtually, this year's Global Momentum event unveiled product innovation, new releases, and a view into the future of Aderant technology. 

Digitally empowering Legal Departments to unlock business efficiency

Tom DunlopAmidst fierce competition, businesses are increasingly adopting digital advancements to meet market expectations and remain relevant. The ease and cost-effectiveness of adopting various digital tools and platforms such as cloud computing, AI and automation is driving this movement. 

Having previously worked as a General Counsel at a number of high-growth tech companies, I have observed that various departments such as finance, marketing, sales, and HR are leveraging technology to enhance customer and employee experiences, streamline processes, and improve data accuracy and analysis.

How RFID will change the way your law firm manages documents

Chris GilesA while back, some law firms flirted with the idea of using Radio Frequency Identification (RFID) technology to keep track of physical documents, but soon abandoned the idea as too expensive and unwieldy. In this article Chris Giles outlines how RFID has changed, and explains how it can now be a gamechanger for how paper is managed. 

Taming data with a growth minimisation strategy

Chris GilesOnce a law firm understands why data minimisation is important, it’s time to act by putting policies and actions in place that deliver a data minimisation strategy. In this second article on the topic, Chris Giles suggests how firms can tackle this pragmatically and effectively. 

Every day, in every way, your firm is accumulating data that needs to be managed. And, as outlined in the first article, your firm is at increased risk if you hold excess data.

Don't put off data minimization

Chris GilesThe uninitiated may be tempted to view data minimisation as a bit of a housekeeping exercise, and not something that should concern the most senior individuals in the firm. However, Chris Giles respectfully disagrees. In this, the first of two articles on data minimisation, he explains why it deserves C-suite attention and a firmwide policy implementation. 

Data is everywhere, it’s ubiquitous, and frankly it’s getting out of hand. Around 2.5 quintillion bytes of data are now being generated every day

What’s holding us back from AI?

Nick RichArtificial Intelligence (AI) is expected to revolutionise the legal sector from chatbots disputing parking tickets, to contract analysis tools, and legal research. We’re about to see an industry first with an AI legal assistant defending a speeding case in a US court, where the AI will listen to the proceedings via a smartphone before advising the defendant on how they should answer through an earpiece. This represents a significant milestone and signifies that AI has already been accepted as a black letter law with its use set to become more commonplace over time. 

The Three Legal Technology Trends That Revolutionized Law Firm Business Models

Cristin TraylorNow almost three years ago, the pandemic’s onset brought pervasive, perpetual and exponential change to business models across every industry. However, one of the most widespread shifts remains the obligation to digitally transform.

While the legal industry has been known to take a traditional approach to conducting business and is well-known for its reluctance to adopt modern technologies, the global pandemic all but forced law firms to embrace them at a much faster pace than the legal industry had seen to date. From increased cloud adoption to AI integration, the tools now utilized by law firms hold the power to spark a new era of law firm business models.


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