What game-changing technologies exist to modernize the business and practice of law?
Knowledge Management Applications
Knowledge management applications can modernize the practice of law, improve client communication and collaboration, and help with setting expectations. The 1980s concept of the client-matter portal is finally becoming a reality. Practices will benefit from easy and quick lawyer access to client and matter news; documents; correspondence (especially email); contacts; matter/project status; calendar and docket dates; templates; financials, including accounts receivable; client and matter profitability; sent and in-process invoices; billing guidelines; time capture and online review; and more.
Dan Safran is President/CEO at LegalShift, LLC. His is former EVP at Project Leadership Associates heading its Legal Vertical as well as its Managing Consulting practices. Prior to this, Dan was President of Project Leadership Consulting and has held a variety of President/EVP/COO and Global CIO roles over his 32 years of work experience in both the legal and corporate business sectors. Dan spent the first nine years of his consulting career at Arthur Andersen/Andersen Consulting (now, Accenture). Dan can be reached directly at (312) 560-8932 or at email@example.com.
This article was first published in ILTA’s Fall 2016 issue of Peer to Peer titled “The Business and Practice of Law: Two Sides of One Coin” and is reprinted here with permission. For more information about ILTA, visit www.iltanet.org.