Artificial intelligence has made major progress in recent years across various industries, and the legal sector is no exception. Small and mid-sized law firms increasingly adopt AI technologies to streamline operations, enhance client services, and gain a competitive edge. In the legal field, it addresses whether AI will replace lawyers and provides examples of AI […]
Are you still relying on traditional methods for creating and managing agreements? You may be storing and organizing contracts in shared folders or filing cabinets. If that’s the case, it’s time to consider adopting contract management software. Many legal professionals have already started embracing this technology, and according to Gartner, legal departments are projected to […]
In today’s fast-paced business environment, leading organisations recognise the value of investing in contract lifecycle management systems. A legal contract management system is a tool that helps organisations manage their contracts and contract lifecycles efficiently. It allows the in-house lawyers of organisations to manage the lifecycle of their contracts, from drafting and negotiating to execution […]
Asset Management Corporation of Nigeria (AMCON) was created to be an essential stabilising and revitalising tool established to revive the financial system by efficiently resolving the non-performing loan assets of the banks in the Nigerian economy. Like many other organisations, AMA’s legal department faced numerous challenges when handling its legal operations in-house. The legal team […]
What is Legal Billing? Legal billing involves creating invoices for clients that accurately reflect the time and expenses incurred while providing legal services. Here are some essential factors to consider when preparing legal bills: Time Tracking: This includes keeping detailed records of the time spent on each task, such as meetings, research, drafting documents, and court […]
Gone are the days of sifting through stacks of papers and spending countless hours on legal research. The legal industry is embracing software technology, and the results are revolutionary. From document management to legal analysis to court proceedings, technology is changing the way the legal sector operates, and for the better. Document management is one […]
Stakeholders in the legal business practice are constantly in need to expand their business operations. The competition amongst firms remains high. Prospective clients have options to choose from, which cannot be said for law firms or lawyers. There are ways to position a firm for growth. How do you position yourself to be the first […]
The year 2018 was filled with emerging new technologies worldwide and across all industries, including the Legal sectors. Law firms in Africa are following the suite of their European counterparts, and they are open to the idea of cloud-based solutions that enables practical work leading to a more substantial output. In 2019, here are some […]
Marketing refers to the activities of a company associated with buying, advertising, distributing or selling a product or service. Marketing is practised in organizations worldwide; it is how companies make revenue to ensure the sustainability of their organizations; law firms are no different. Businesses are also customers; hence, methodologies differ in how they offer/receive services. […]