Legal

Tech is transforming how firms manage legal work

Tech, including but not limited to artificial intelligence (AI) and cloud computing, is transforming how firms manage legal work using information. It’s no surprise that advances in technology are revolutionizing every industry, and legal services is no exception, as it is seeing a vast transformation in how information is managed. Data suggests that most law firms are…

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Categories: Legal
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Meet ikaun, an innovator in LegalTech

As a result of a recent transaction between Neudesic, LLC and ikaun Inc., the Unika team is proud to announce that we have officially changed our company name to ikaun (pronounced “icon”). You may be asking yourself why we would do such a thing. We asked the same question, and we’re pretty excited about the…

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Categories: Legal

3 Challenges Facing Business Development and Marketing in 2020

Introduction Just like every other industry today, the legal services industry is experiencing massive disruption lead not only by technology but also by client expectations. These expectations are forcing firms to become more responsive and leverage their experience and expertise in new and creative ways. In working with our clients and prospects, we’ve identified three…

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Categories: Legal

Top Knowledge Management Challenges for Law Firms — and How to Overcome Them

What are some of the key challenges law firms face when transitioning to a knowledge management (KM) platform? And how does KM software help them overcome these challenges?

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Categories: Legal

Debunking The Cloud Security Myth for Law Firms

With 25% of law firms experiencing a data breach, are older on-premises servers still safe? Could cloud storage actually be more secure?

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Categories: Legal

3 Reasons Your Law Firm Should Be In The Cloud

Just over half of all law firms have some services in the cloud. What trends are affecting their migration? Is the cloud really safe for law firms?

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Categories: Legal

3 ways knowledge managers can increase client retention rates

For a firm to thrive – and provide an optimal level of service to its clients – the administrative infrastructure needs to be equipped with comprehensive knowledge of all of its staff and their unique skill sets. As a component of firm administration and operations, knowledge management (KM) is an indispensable asset. “Knowledge management is…

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Categories: Legal

Making Knowledge Management Work for Lawyers | Profile Magazine

The Firm Directory team would like to congratulate Meredith Williams for her feature in the Profile Magazine article: “Why Knowledge is Power for Lawyers”. It is a great profile and a fantastic read for business leaders on the value of knowledge management. An excerpt of the article is included below: The [knowledge management] department grew…

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Categories: Legal

Optimizing your in-house legal operations, part 4: Putting it all together

In part one of our four-part blog series on legal operations, we looked at some of the key reasons why legal operations have remained so important for corporate counsel teams. The need for in-house law departments is clear as crystal in a complex regulatory landscape – even compliant enterprises face perpetual liability risks. In part two of this…

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Categories: Legal

Optimizing your in-house legal operations, part 3: Secure collaboration

There’s no shortage of reasons for why an enterprise would want to cultivate a strong in-house, legal ops team (see part one of this series). And there are plenty of ways that a comprehensive enterprise portal designed for the unique requirements of corporate counsel and supporting staff can enhance legal ops’ productivity. These include, but…

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Categories: Legal

Optimizing your in-house legal operations, part 2: Locating the necessary expertise and resources

In part one of this series, we looked at how a slew of new technologies, increasing team size paired with spiking outside counsel costs are necessitating the creation and growth of legal operations teams. This department is responsible for supporting in-house legal counsel. They help in a number of important ways, not the least of…

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Categories: Legal

Optimizing your in-house legal operations, part 1: Why are legal operations so important?

The corporate technology landscape is rife with risk and reward. On the plus side, technological innovations are facilitating better decision-making, optimizing workflows and helping organizations to work more efficiently. But at the same time, the digitization of corporate data, decentralization business systems, and the automation of certain processes are introducing new risk management challenges. Add to that,…

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Categories: Legal