Law firms stories - Page 3

Generative AI use in professional services has nearly doubled in a year, reaching 22%, with 95% expecting it central to workflows within five years.

iManage has unveiled enhancements to its AI strategy, including updates to Ask iManage and Insight+, aimed at boosting efficiency for users globally.

As law firms increasingly adopt AI for efficiency, experts warn that superficial gains are insufficient to reshape value delivery for clients.

NetDocuments has unveiled its ndMAX Studio, introducing 12 AI applications designed to boost efficiency and streamline document management for legal professionals.

A new report by DeepL reveals that 87% of legal professionals find AI tools enhance their work, marking a significant shift in the legal sector.

Josef has secured new funding to enhance its AI-driven tool, Josef Q, capitalising on strong demand from corporate legal teams since its North American launch.

Leveraging a robust CRM system is crucial for law firms to strengthen client relationships, drive business growth, and ensure no client 'falls through the cracks'.

In response to growing cybersecurity threats in the legal sector, Litera has acquired FileTrail to boost its information governance and records management expertise.

Trustwave's latest report unveils a surge in ransomware and tech-based attacks on professional services firms, stressing the urgent need for stronger cybersecurity measures.

Affinda Group secures USD $10 million in latest funding round, raising total to USD $22.9 million over 18 months, and now valued at USD $120 million.

Litera's generative AI, Foundation Dragon, improves legal deal term processing by giving instant access to past transaction data, enabling law firms to negotiate from a position of strength.

VXT, a rising legal-tech start-up, has launched a pioneering AI-driven communications platform that syncs with practice management software.

Tech firm k-ID introduces revolutionary platform to ensure global gaming safety compliance and providing age-appropriate experiences for young gamers.

NetDocuments, a cloud-based content management system for law firms, has reported significant growth in the Asia-Pacific region.

The future of generative AI in the legal sector depends on the creation of reliable knowledge repositories, says Lexsoft Systems CEO.

Legal firms are increasingly turning towards client portals as a powerful tool to streamline their operations and enhance client interactions.

Financial management company Elite announces Lindsey Moorley as CFO as part of a growth strategy following new acquisitions and independence.