If you are a lawyer or you work in a legal field, you know the importance of staying updated on the latest technology. With the coronavirus pandemic still ongoing, it’s more critical than ever that you use the latest legal technology (also known as legal tech) as many people prefer to do business remotely or virtually. Here’s what you need to know about legal technology and five of its many benefits, along with some considerations and warnings.
First, it’s important to understand what’s meant by the term “legal tech.” Also known as LegalTech or legal technology, legal tech is a type of software designed for helping lawyers and other legal specialists perform legal tasks smoothly and more effectively. These include tasks such as document management, accounting, billing, and e-discovery.
There are several advantages of using legal technology in a law practice, such as:
Even though you can use the internet for doing research, sometimes you don’t find the most current information. But this is not the case when you use the internet research platform provided by legal tech software. Thus, besides making it easier to do research, legal technology gives you more updated information.
Another significant benefit is automation. There is a wide range of software available that can automate several areas in which a law firm needs management. For example, the software lets you set up scheduled meetings, document management, and other tasks. There’s even automated billing, which gives you more time to spending on more pressing legal matters. Besides saving time, you can also save money as you won’t have to spend on hiring an office manager or assistant to perform administrative tasks.
A huge perk of legal technology is that it can help keep your clients happy since it provides a better user experience. It’s possible to give clients the best legal work possible, but they can still be unsatisfied with your overall service because they weren’t as connected or engaged as they could have been. Consider that legal tech software uses features such as live chat on a legal website. This feature can be helpful in increasing client satisfaction.
When you can’t go to your brick-and-mortar law office because of inclement weather or illness, it can be hard to keep your business going. However, thanks to legal technology, you can set up your virtual office anywhere. As a result, your work is not interrupted.
While electronic court filing has been used for several years, it may soon become mandatory. That’s why it’s a good idea to start using it now, so you’ll be prepared when this transition occurs. In fact, the American Bar Association (ABA) has even included in their Model Rules of Professional Conduct a clause stating that lawyers need to stay current on relevant technology.
Don’t confuse legal tech with law tech because they’re not the same. Let’s take a look at each in further detail:
Questions? To learn more about how to improve your law firm or website,contact us. We offer a full suite of services for growing your legal firm or legal tech business in every dimension.