Cloud Computing, Mobile Computing, and Artificial Intelligence Are All Changing the Way Forward-Thinking Law Firms Do Business
According to Nicole, new technologies like mobile computing and cloud computing are leveling the playing field for law firms, and small to medium-sized firms stand to benefit the most — as long as they implement solutions thoughtfully. Thoughtful implementation means:
- Determining what your goals are
- Finding which tools are available to help you accomplish those goals in an efficient and cost-effective manner
- Identifying pain points and finding a single solution or a suite of solutions to address them (for example, do you need a client portal or is streamlining and automating payments enough?)
- Understanding the solutions you choose and vetting the providers to ensure your sensitive information stays secure
AI is another exciting area that’s already making an impact and will continue to change the way many lawyers practice in the coming years. Some of the ways that innovative attorneys are using AI include:
- Data analytics: Allows lawyers to use collected data about cases to get valuable insights about judges, venues, expert witnesses, and other firms
- Legal research: Streamlines the research process and provides additional tools to help lawyers connect with the research they need; some newer tools even let lawyers upload briefs so AI-based software can analyze the brief and provide suggestions for relevant research
- Contract analytics: Attorneys can upload a contract for comparison to an existing database of similar contracts and receive analysis of outlier sections and suggestions for improvement
Enjoy the show, and don’t forget to check back next month for another new episode!
