Digital transformation is a reality, with millennials taking on partnership roles and GenZers being recruited as associates, highlighting a potential gap between the work preferences of lawyers and the tools at their disposal in law firms.
We provide five indicators that suggest it is time to update your legal technology toolkit.
Keep reading the article!
Lawyers commence new projects by consulting the lawyer located at the end of the hallway.
Lawyers have traditionally depended on research tools and peers for support in addressing unfamiliar situations. However, in today’s landscape, colleagues who were once easily accessible may now be working remotely or preoccupied with their own tasks.
Some legal technology providers have foreseen these difficulties by creating tools that function as simply as asking a colleague or a search engine for information, but with the added benefit of offering more reliable and robust responses.
Future lawyers can benefit from advanced technology that provides carefully curated information and expertise from seasoned professionals. This enables them to tackle new challenges confidently and maintain high-quality service standards.
You must decline new cases due to an inability to handle them.
Predicting demand peaks is challenging, however, customers expect quick support when they arise. The evolution of scanning has led to changes in consumer behavior, with individuals now accustomed to virtual service options and anticipating efficient solutions to their legal issues.
Access to the expertise and experience of legal professionals is crucial for lawyers to confidently answer a broader range of questions, even beyond their specific areas of practice.
Law firms now have the potential to build customer trust using digital transformation and new technological tools, even in unfamiliar situations.
Retirements and lateral movements are on the horizon, and you lack a solid strategy for transferring institutional knowledge.
Law students are trained to develop the mindset of lawyers. Junior associates are prepared and equipped to step in for their colleagues when needed, and they can also acquire the skills and techniques required to solve problems effectively and reliably.
If all this information is not organized and new professionals rely solely on conversations with experienced lawyers to acquire new skills, it could pose challenges for transitioning companies.
The rotation of employees in the law firm is less detrimental when knowledge and procedures are recorded and outlined. Modern legal technology resources, like interactive topic maps, assist lawyers in carrying out new duties without having to create them from scratch.
Your clients are seeking to boost their return on investment.
Corporate clients are reassessing legal matters following the economic recovery, prioritizing the use of external consultants while scrutinizing unnecessary service fees.
When a new associate begins, it may take them more time to complete tasks compared to experienced lawyers. This learning period is seen as a necessary part of their development. Nevertheless, clients expect high-quality service and are not interested in covering the cost of training new lawyers.
Law firms require solutions to swiftly address new challenges and enhance the productivity of every valuable moment.
Technology-driven tools can assist new employees in beginning on the right note and providing more customizable service, ultimately leading to cost savings for clients and ensuring their satisfaction.
Your attorneys require greater flexibility, while your processes rely heavily on manual work.
The demand for remote work among lawyers is growing in the legal sector, prompting companies to provide hybrid or fully remote work options to retain and attract talent.
Legal technology can support ongoing remote work through cloud-based options and collaboration tools driven by artificial intelligence (AI) that minimize manual work.
It is time for an update in legal technology.
Legal technology is essential for the success of law firms and lawyers, regardless of coding knowledge. Check out our e-book “The Technological Evolution of Great Legal Offices: How to Gain Time and Efficiency” to learn how user-friendly technology can elevate your legal practice.