As digital becomes increasingly vital in business, law firms are upping the ante and differentiating themselves with the use of app technology. As observed in the recent 2016 Australia: State…
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Co-Creation to Enhance the Client Experience
As empowered clients continue to be more discerning in their choice of legal service providers, law firms need to think about more innovative ways to enhance the client experience and…
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Specialty Focus Gives Niche Law Firms a Winning Edge
According to recent reports, the growth rate of specialist and boutique law firms in Australia is increasing. We look at the fresh approach some firms are applying to specialisation and…
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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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The Re-Emergence of MDPs: What This Means for Traditional Law Firms
The Enron disaster saw most of the Big Four accounting firms retreat from the legal services market. In recent years, however, these companies have become increasingly sophisticated, transforming themselves from traditional auditing…
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Is Your Law Firm Ready for the Big Data Revolution?
In many sectors of the global economy, big data is proving a useful tool for businesses to leverage data analytics in order to tailor their offerings to audiences and gain…
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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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