Are you compliant with #GDPR and the upcoming #CCPA regulations that will go into effect in 2020? We’ve put together a quick checklist to help identify blind spots in your strategy:
As the world becomes more digital and the volume of critical data flows continue to expand, how can legal firms ensure their data stays secure?
The continuing digital communication momentum and the much more rapid pace of globalization today often create specialized legal challenges. The rapid increase in global business interactions, varying regulatory laws, business practices, and cultural customs of international partners and competitors are confounding and often frustrating to participants. The impact of all these concurrent trends is driving the volume of cross-border litigation up, and necessitates that corporate general counsel in global enterprises, and large law firms find the means to perform the critical functions related to manage the unique requirements of legal eDiscovery in these particular scenarios.
As we consider and look at the various forces impacting the legal industry today, we see several ongoing trends which are increasingly demanding more attention from both inside and outside counsel. These forces are:
- The Digital Data Momentum
- Increasing Concern for Data Security
- The Growing Importance of Information Governance
- Increasing Globalization
How can legal firms respond?
The worlds of Mergers and Acquisitions (M&A) and cross border litigation are volatile ones. Flaws in a data or content translation supply chain, and assistive technology, can impact a deal or case, pushing a merger or creating untenable footing for a legal counsel, and their clients, or in the court of law.
In 2012, the Rand Corporation found that an eye-watering 73% of e-discovery costs are attributed to document review alone. Identifying, collecting and processing data each have their own challenges, and the manual processes behind these tasks are equally daunting in any given case.
In the era of big data, where new sources of discoverable content appear daily, eDiscovery has its golden moment to marry up with technologies that take away the sheer time and cost involved in electronic discovery for legal proceedings.
A Law Firm Marketing Blog Series Edition #20
Welcome back to our blog series, in which we talk with some of today’s most knowledgeable legal marketing minds. In this edition, we feature Amy Juers, the founder and CEO of Edge Legal Marketing.
We hope hearing the thoughts and ideas shared by the people in these blog posts, will inspire you to make positive changes to your marketing strategies. We also know that marketing legal services these days is more complex and challenging now than ever before, and hope that some of our readers may identify with some of the marketing struggles presented here, and perhaps be able to offer solutions.
The biggest goal of this blog series is to get the conversation going, so let’s dive in.
Casepoint Unveils New Version of Casepoint eDiscovery and Introduces Casepoint Platform at Legalweek
Casepoint will be at Booth #134 throughout Legalweek to demo Casepoint eDiscovery, which has been entirely rebuilt on the new Casepoint Platform – a web-based, enterprise-scale application development environment that makes it easy for organizations to customize and integrate diverse legal workflows
Tysons, VA — January 28, 2019—Casepoint, a leader in providing innovative eDiscovery solutions in a single, cloud-based platform, will be demonstrating completely new versions of its two flagship products – Casepoint eDiscovery and Casepoint Platform – at Legalweek New York, which will be held January 28–31 at New York Hilton Midtown. Casepoint’s legal and technology experts, including CEO Haresh Bhungalia and Chief Strategy Officer David Carns, will be on hand all week to show off the new technology and meet privately with interested parties. Show attendees are encouraged to stop by Booth #134 for a demonstration of both products and to discuss the Casepoint vision for Law 3.0, where advanced technologies enable tightly integrated workflows, more efficient processes and dramatic cost savings, and provide data-based intelligence to inform smarter legal and business decision-making.
Casepoint eDiscovery is the culmination of more than 10 years of innovation, offering blazing fast, enterprise-class tools for full-spectrum eDiscovery, including cloud collections, data processing, advanced analytics, artificial intelligence, review and highly customizable productions – all in an easy-to-use, web-based interface. Available as a SaaS, on-premise or hybrid solution, Casepoint eDiscovery supports sophisticated workflows across millions of documents, multiple terabytes of data, thousands of legal matters, and unlimited numbers of users. Legal teams can use its built-in analytics, data management tools and sophisticated reporting capabilities to reduce data volumes, complete projects faster and cut costs.
Casepoint eDiscovery is built on Casepoint Platform, a highly secure, scalable and configurable application development and deployment environment. With Casepoint Platform, law firms and legal departments can automate, customize and integrate legal workflows extending well beyond the realm of eDiscovery to optimize processes, eliminate redundancies and save money across the organization. The platform was designed for deployment of a full range of enterprise applications, including custodian tracking, media tracking, custom-built applications, and more through a single, web-based ecosystem and a distributed services architecture. Law firms and legal departments will have the option to customize the technology to meet their own specifications, from database set up to data processing and all the way through to the end of discovery, without incurring extra consulting fees.
To learn more about Casepoint eDiscovery and Casepoint Platform, visit us at Booth #134 during Legalweek, or visit our website.
About Casepoint
Casepoint empowers legal departments, law firms, and public agencies by providing smarter legal technology combined with award-winning client service. Casepoint eDiscovery is the fast, enterprise class, and next-generation eDiscovery suite from Casepoint, based on more than 10 years of innovation in the industry. It is built upon Casepoint Platform, a highly scalable, secure, and configurable application environment that meets the demands of sophisticated clients within eDiscovery and beyond. Whether SaaS, on prem, or hybrid, Casepoint eDiscovery features cloud collections, data processing, advanced analytics, artificial intelligence, review, and productions – all in an easy-to-use web interface. Casepoint customers benefit from the ability to support sophisticated workflows across millions of documents and hundreds of users, with custom reporting and data management tools built-in. Simple, elegant, and intuitive, Casepoint represents the next generation of litigation technology that will empower your global legal team. For more information, go to www.casepoint.com.
Media Contact:
Shana Graham
Plat4orm PR
206-661-6336
shana@plat4orm.com
Cellebrite has the proven experience and experise to help deliver end to end capabilities to help realize the truth in digital data. Join us at booth 1217 to hear more! @cellebrite
Time Tracker Legal Software Automation Improves Law Firm Efficiency and Success
New Jersey, NY – January 25, 2019 – The 2018 Clio Industry Report asked over 70,000 legal professionals what goals define their firm’s success and 84% placed revenue at the top of the list. Improving the firm’s operational efficiency came in just below at 80%. Law firms also consistently struggle to dedicate time to billable work. In an average 8-hour workday, utilization rates (the number of billable hours worked divided by the number of hours in a day) was just 30%; a mere 2.4 hours of the 8 hours worked. When you factor in the number of billable hours that don’t get reflected on an invoice and the amounts which never get paid, the average lawyer earns just 1.6 hours in billable work each day. This data suggests strongly the crucial need for improved efficiency and automation to increase revenues and prevent serious profitability issues.
eBillity’s Time Tracker Legal software enables law firms to automate their time tracking, expenses and billing. The mobile app allows the user to set up push notifications to remind them to track time, and has multi-timers that can automatically track their time by different clients with a push of a button. This automation alone can reduce administration time by up to 10+ hours per month, and by tracking time down to the second, billable hours have proven to increase by up to 20%.
Dennis Murphy from Hill Law Firm one of eBillity customers states, “my experience with Time Tracker over the past five years has been strongly favorable. I like that I can track my time not only by date but also across matters. The report function allows me to see how much time has been billed to each matter at any given period.”
Time Tracker’s free apps for Outlook and Windows 10 allow the user to convert emails and calendar events into time entries and work offline. The product also connects with Apps like IFTTT and Zapier to automate repetitive tasks. Law firms can also automate expense tracking by taking a photo of their receipt and attaching it to an entry and then syncing it with their accounting software for reimbursement and client invoicing.
The Industry Report also indicates that clients are wanting the ability to check online the number of hours spent on their case, with 50% saying they’re more likely to hire a lawyer who takes electronic payments, 47% more likely to hire a lawyer who accepts automated payments, and 40% saying they would never hire a lawyer who didn’t take debit or credit cards. With Time Tracker law firms can turn their time and expense entries into branded client invoices in seconds, connect their account to Stripe to have payment links automatically added to invoices for immediate online payment. Clients are also able to login to their client portal and view completed work, outstanding invoices and pay bills online.
To complete the time, expense and billing cycle there are also apps that allow firms to automate their accounts receivable. Invoice Tracker by eBillity is an example of one that connects with accounting platforms and practice management software like Clio and Thomson Reuters Time and Billing to improve cash flow by getting firms paid faster. Invoice Tracker sends automatic invoice reminders, accepts online payments and reconciles once payments are made.
“Being able to showcase our time tracking software specifically built for law firms is exciting for our team, and we look forward to showing legal professionals how automation can improve their law firm’s bottom line, says Douglas Dweck, COO and Co Founder.”
eBillity will be there at Booth 311 come by to say hi and learn how to automate time tracking, invoices and expenses from anywhere, on any device, with Time Tracker. Our software includes legal friendly features built right in, such as UTBMS patent billing codes, trust accounting, 4-click invoicing, LSS realization reports, and a conflict checker. We also offer real-time security backups, GDPR, US-EU privacy compliance, and integrations with Clio, Xero, QuickBooks, Sage Intacct, Gusto, ADP, and SAP Concur. Also ask us how you can get a free subscription to Invoice Tracker and automate your invoice reminders to get paid faster.