10 Steps to Reduce Cyber Risk for Law Firms
Data breaches have hit major firms, compromising confidential information. Smaller firms are equally at risk, as they often don’t have the resources for sophisticated cyber risk prevention.
How To Build The Ultimate Legal LLM Stack
In a recent report documenting the advances in Artificial Intelligence, Goldman Sachs estimated that over 300 million jobs could be displaced by AI, and more specifically that up to 44% of legal tasks could be completed using AI.
Is tech in legal here to stay?
Lisa Dowie, Chief Customer Officer, PEXA COVID-19 has shaken up the world immeasurably. The global pandemic has been the catalyst for a perfect technology storm across various industries, driving many to move further towards digital technology. The legal industry has been no exception. But there have been tangible gains – a Global Legal Technology Report conducted in May this year by ALTA proved that the adoption of legal tech had a net positive impact on client retention and revenue. Approximately 59% of respondents admitted that lockdowns were positive for business. Social distancing measures in place during the pandemic created a platform for legal companies to leverage digital solutions to encourage connection, sustain productivity, not unlike other organisations. This trend is unsurprising. People, clients
Isolate, don’t hibernate: How to get the most out of working from home
For businesses across many industries, working from home has become the ‘new normal’ in the face of COVID- 19. This has proven to be a challenge for many organisations as employees try to navigate setting up an effective workspace, manage distractions such as other loved ones working from home and children partaking in homeschooling; all whilst trying to maintain ‘business as usual’ even though this is anything but that. ‘Working from home’ doesn’t have to translate to ‘working alone’, and the team at GlobalX have created some top tips on how you can remain engaged, visible and well during this uncertain period of time. Create a routine and stick to it While routines are easy to establish and done with the best of
3 types of platforms the legal industry needs to work remotely
The coronavirus (COVID-19) is all anyone can talk about at the moment. For most law firms, barristers, and in-house legal teams, it presents some unique challenges, namely, employees needing to work from home. At the time of writing, the threat of COVID-19 becomes more and more real. This interesting piece from Artificial Lawyer, Your Views on Covid-19 and Isolation, shares some interesting insights into psychological and governance challenges that the professionals in our industry may face. Much has been written about the usual communications tools, including Zoom, Microsoft Teams, etc. However, I wanted to use this article to bring to attention all the fantastic platforms that the members of our association have delivered for law firms, barristers, and in-house legal teams. The large majority of
Women of Australian Legal Technology Association
By Jodie Baker, CEO, Xakia Technologies and Stephanie Abbott, Director, Janders Dean For many years now, women have been eking out their place in the Australian legal industry, growing representation in the courts, private practice, not-for-profit, education and in-house. Although progress has been slow and there is still a long way to go[1], there are many reasons to celebrate. Now, we are faced with the rise of a new, growing segment of the legal industry – LegalTech. We see rising commentary, analysis and adoption of LegalTech – indeed, entire conferences are now being dedicated to the subject. The mere existence of ALTA and its rapidly growing membership is indication of the explosion of this ecosystem. Amidst all this activity, what is the count
Collaboration is key to success in legal tech
There was a time when technology in the legal sector was merely to provide operational efficiencies. No one at a strategic level seemed to think too much about it and if you said ‘legal technology’ in conversation, it sounded like a made-up term, maybe even an oxymoron. Today, there seems to be a new piece of legal technology on the market every second day and many firms have a large backlog of software projects underway. Many firms have formed teams tasked with innovating everything from behind the scenes processes right through to their client experience. It is often very easy for providers and firms to get caught up in the technology itself, but ultimately the effectiveness of these projects and initiatives, has
