Australian firms have been hailed a “beacon of innovation” fueled by technology, necessity and crisis. How are they maintaining resilience in 2021?
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Billable hours Posts
6 Steps Lawyers can Take to Be More Efficient
It is safe to assume that every lawyer, no matter the size of the firm, aspires to become more efficient. Lawyers, here are six steps to help get you there.
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Thomson Reuters Peer Monitor Report Reveals Slow Quarter for Australian Law Firms
Law firms throughout Australia saw a decline across most segments in the previous quarter, widening the gap between the Big 8 law firms and their Large counterparts. Australian law firms across most…
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Achieving Profitability with Alternative Fee Arrangements
With the increasing prevalence of alternative fee arrangements (AFAs) – such as fixed, blended and capped fees and retainers – firms have the ability to increase the client’s perception of…
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Debbie Warnes on the Beginnings and Future of Legal Document Automation [Q&A]
For law firms investing in technology to drive innovation and efficiency, document automation is an easy win and, given today’s digitally driven legal landscape, it’s absolutely essential. Manual processes, including document…
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What is a True NewLaw Firm?
In an age of disruption, BigLaw or traditional large law firms face increasing competition from rapidly evolving NewLaw providers. But what does NewLaw actually mean, and how do these firms differ…
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5 Reasons a Flat-Fee Billing Structure Works
Law firms face increasing pressure to move away from time-based billing, and numerous firms have relinquished the billable hour in favour of alternative fee arrangements. We explore why a flat-fee…
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Could Artificial Intelligence Help Your Law Firm Deliver Better Value?
Advances in automation are empowering lawyers to cut down on labour-intensive, repetitive tasks and instead focus their skills on higher-value work. Now, artificial intelligence (AI) is making this automation much…
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What is Document Automation?
The business of law is changing like never before. Even as the recession eases, corporate clients continue to pressure their law firms to cut costs, increase efficiency, and move to…
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Your Checklist for the Perfect Client Estimate
Savvy clients are increasingly seeking more predictability and transparency in billing, requiring firms to brush up on their costing skills. But beyond that, fee earners and firms can also benefit…
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