Is it only a matter of time before we’re back to being physically present in the office at least five times per week? Or will the virtual or hybrid arrangements that have taken hold be as resilient as the billable hour?
If getting paid for the legal work you perform is important, then you already know why legal billing software is an indispensable tool. However, now that generative artificial intelligence tools like ChatGPT have burst upon the software scene, legal billing systems can seem mundane since they are practical and reliable rather than an exciting new category of software. Yet the importance of this software has not diminished and remains a key element of the infrastructure that supports modern profitable law firms.
More than half of Americans feel more concerned than excited about the increased use of artificial intelligence, according to results of a new national survey released Monday.
Ari Kaplan recently spoke with Katherine Allen, the CEO of Flo Recruit; Ross Guberman, the CEO of BriefCatch; and Jim Wagner, the CEO of the Contract Network.
According to the Thomson Reuters 2022 State of U.S. Small Law Firms report, 22% of law firms admit that “differentiating your firm from your competition” is one of the top three goals or priorities for their practices. The report also indicates that 50% of firms find “challenges acquiring new client business” a moderate challenge, and 22% see it as a significant one. At the same time, almost three-quarters of the firms feel that the most competition comes from other law firms of similar size.
Law firms in the United States continue to face some financial challenges after drops in demand and productivity in the first six months of 2023, according to a new report from Wells Fargo’s Legal Specialty Group.
Dentons has become the latest major law firm to utilize generative artificial intelligence, announcing that it will roll out a propriety GPT-based chatbot to lawyers to use on client work.
Two Gibson, Dunn & Crutcher partners usually bill more than $1,500 per hour, but they trimmed the amount to only $950 per hour in a request for an award of attorney fees following successful litigation in the Southern District of Florida.
Talent wars helped push the national median salary for class of 2022 law graduates to a record high of $85,000, according to figures released Wednesday by the National Association for Law Placement.
According to two New York partners, the increase started with the #MeToo movement in 2017, when an article was published about former film producer Harvey Weinstein.
Stroock & Stroock & Lavan has said it continues to talk with other law firms about a possible merger after 27 of its lawyers left for Steptoe & Johnson.
Unless you’re hiding under a rock, you’ve undoubtedly heard about generative AI tools like ChatGPT. The potential efficiency gains these tools offer legal professionals are mind-boggling—and possibly career-changing. If predictions are correct, many aspects of legal work will be impacted by generative AI, and some functions may even be replaced in the years to come.
Ari Kaplan recently spoke with Connie Brenton and Jeff Franke, the founders of LegalOps.com, a membership community providing legal operations and other professionals with resources and events, including an inaugural conference in October.
Is ignorance often bliss for laypeople having contact with the legal system? I have noticed that nonlawyers enjoy a much more relaxed attitude with the judicial environment than we lawyers do. We get uptight, bending over to display reverence while the laypeople have no such qualms, doing what comes naturally, expressing themselves with complete candor.
The ABA Journal wants to host and facilitate conversations among lawyers about their profession. We are now accepting thoughtful, non-promotional articles and commentary by unpaid contributors.
