In recent years, legal project management has become one of the most important skills for in-house legal teams to acquire. As law teams have increasingly been stepping up as operations managers, developing the right processes has become a central concern within many organizations.
In-house lawyers occupy a hybrid position where the traditional concerns of a lawyer merge with additional business challenges like working in a team and managing other employees. The project life cycle thus has a range of unique obstacles that private practices don’t encounter in the same way.
Just as the legal industry is undergoing a rapid digital transformation, so too is the real estate sector, as new technology emerges to improve the way that people promote and develop property around the world.
There are plenty of game-changing proptech solutions out there, altering how customers buy and sell, and giving sector professionals new tools to improve the way they do business. Yet with so much change, it could seem impossible to keep up.
The new world of legal analytics now offers compelling and exciting ways to assist law firms achieve huge operational efficiency and improved outcomes for their clients, often just by making use of existing data sources.
According to research by Gartner in 2018, 70% of law firms state they intend to invest in legal data analytics, but in practice, only 20% are using it to drive efficiency and enable data-driven decisions.
Start-up companies provide enormous economic growth prospects and employment opportunities in all countries across the EU and other parts of the world. According to Start-up Club Europe, a staggering 4.5 million people worked in 830,000 companies across 20 EU start-up hubs in 2017.
For the thousands of existing start-ups, their future success will partially depend on the extent to which they have invested in legal advice throughout their journey.
Topics: Law firm management
On the Bigle Legal blog, we often delve into how innovation is disrupting the legal industry. We’ve spoken about how cutting-edge tools incorporating AI, machine learning and document automation have helped law teams to increase efficiency and better represent their clients.
Today, we’re going to explore another technology that’s revolutionizing the legal sector.
That is: blockchain.
Potayto, potahto, right? Well, not quite. The terms electronic signature and digital signature are often used interchangeably. However believe it or not, there’s actually quite a big difference between the two.
So what characteristics distinguish a digital signature from an electronic one, anyway? And which one might be better for your business to embrace?
It’s no secret that the legal industry is rapidly transforming and today, law firms and legal departments from all over the world are feeling the pressure to respond.
Perhaps it’s no wonder; clients expect better and more efficient customer service and law firms feel the need to stand out from the crowd.
As any lawyer who has taken on a massive legal project will tell you, a touch of planning goes a long way. On a mission to deliver the best service to their clients, the best law firms are starting to use legal project management to manage legal cases and deliver better results to their clients.
Topics: Legal project management
The real estate industry is constantly transforming, and that definitely won’t slow down anytime soon. With more disruptive and tech-driven real estate tools on the market, competition has never been fiercer. This means customer expectations are changing too. Modern clients seek flexible, streamlined, and new wave solutions for finding their dream properties - and top real estate talent to help them facilitate it all.