Law firms are entering the dreaded “doom loop” as rising rates and growing discounts fuel unsustainable billing practices
BigHand has released its 2025 Annual Law Firm Finance Report, offering insights into the evolving financial landscape of the legal industry from cash recovery strategies, changing client behaviors, and emphasis on business development and commercial awareness among lawyers.
LexisNexis Enterprise Solutions, the specialist software solutions division of LexisNexis® UK, today announced the latest release of its market-leading case management system, Lexis® Visualfiles™. Visualfiles 6 introduces continued functionality improvements, alongside flexible deployment options, whilst assuring strong levels of security.
LegalRM, the creators of iCompli, are excited to kick off 2025 with a fresh series of educational webinars, building on the resounding success of their 2024 program. This year’s lineup promises to tackle pressing issues at the intersection of information governance (IG) and eDiscovery, offering actionable insights from industry leaders.
Helm360 has announced strategic leadership appointments following an exceptional year of growth and unprecedented success in the legal tech industry. These changes reflect Helm360’s commitment to sustaining its momentum and delivering unparalleled value to clients worldwide.
Elite, a leading provider of financial management and business operations solutions to the world’s most successful law firms, today announced its acquisition of Tranch, a leading B2B invoice automation and payments platform offering seamless invoice management and turnkey payment options for law firms and their clients.
The International Legal Technology Association (ILTA) is delighted to announce the opening of applications for the esteemed Influential Women in Legal Tech Awards. This annual accolade celebrates and recognizes the remarkable contributions of women in the legal technology sector. Honorees are selected based on their history of mentorship and level of impact on legal Technology.
Luminance, the provider of Legal-Grade™ AI, today announced the launch of ‘Lumi Go’. This world-first technological development allows Luminance customers to transform the way they negotiate contracts such as Non-Disclosure Agreements or Master Service Agreements, providing them with the ability to send draft agreements to a counterparty and have Luminance auto-negotiate on their behalf.
Harbor, a leading provider of expert services to law firms, corporations, and their law departments, today announced the release of benchmarking data from its 21st annual survey of corporate law departments, in collaboration with CLOC (Corporate Legal Operations Consortium). The 2024 Harbor Law Department Survey found that as 83% of departments anticipate continued growth in overall demand for legal services, managing the workload and bandwidth of internal resources is the top challenge identified by 63% of respondents.
NetDocuments, the #1 trusted intelligent document management system for legal professionals, today announced that Chartwell Law, a nationally ranked litigation defense firm, has selected NetDocuments as part of its transformational strategy to leverage cloud-based technology to enhance efficiency.
Global IP services leader Rouse has selected Elite’s cloud version of 3E to support its ambitious growth plans. Established in the UK in 1990, Rouse is recognized internationally for its deep understanding of IP law in the markets of Asia, Europe, Middle East, and Africa.
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