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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How to Future-Proof Your Firm in the NewLaw Revolution
Firms are stepping beyond the dogma of traditional legal service delivery, lawyers are carving out new flexible career opportunities and clients are getting cost certainty and transparency. But how is…
Read more![What Do Manual Processes Cost Your Firm? [Infographic]](https://insight.thomsonreuters.com.au/legal/wp-content/uploads/sites/8/2019/06/Cropped-what-do-manual-processes-cost-your-firm-270x141.jpg)
What Do Manual Processes Cost Your Firm? [Infographic]
A lot of law firms still rely on manual processes for legal research, document production and workflow. Online research and automated legal technology solutions can save your firm valuable billable…
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Client Billing Models: Hourly Fees or Alternative Arrangements?
One of the biggest challenges in legal practice management is securing revenue. The basis on which firms seek fees from clients is a fundamental calculation, so it is worth considering…
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The Top Trends That Shaped the Legal Sector in 2015
As we approach the end of another year, we examine what key industry trends shaped the legal sector in 2015 and what we can expect in the year to come.…
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3 Ways to a More Profitable Practice (Without Cutting Costs)
When managing partners start to talk about ways to increase a firm’s income, one of the first things they think of is reducing overheads. However, while cutting costs can play…
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Practice Management: To Automate or Not to Automate?
Research reveals many small to medium-sized law firms could be losing money due to inefficient practice management processes. But do the cost-saving benefits of automation justify the investment in the…
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