5 Software to Enhance Your Legal Business - HotThemes

Software to Enhance Your Legal Business

There’s no denying that technology is drastically transforming and enhancing every industry around the world. From manufacturing to e-commerce enterprises, the way people work is changing, and for the better. The legal profession, in particular, is now taking advantage of the best of what’s available in the latest software to streamline processes and make their business more efficient. To discover the best software for your legal business, read on to find five to take notice of:

Accounting Software

When you use the best accounting software for legal firms, managing general accounting tasks will be far more straightforward. There are a variety of options, but you need to look for software that helps with payment processing, timekeeping and billing, along with general bookkeeping tasks. Being able to accept online payments for your services is vital if you want to keep up with your competitors. After all, in today’s digital world, a huge percentage of clients are going to prefer paying with a credit or debit card rather than cash.

Legal Case Management Software

When you use this particular software, you can automate many of the processes relating to legal case management. These include scheduling important dates, managing documents, issuing invoices, and organizing contact lists. The relevant information is stored in a central location and can be accessed easily. You can visit redbricksolutions.co.uk to find out more.

eDiscovery

When a lawyer is preparing a case, they spend hours looking through a variety of documents in order to find the right evidence. Not so very long ago, this would have taken days. Nowadays, however, information tends to be digital. It can take the form of emails, database archives, mobile devices, and IoT devices. There is eDiscovery automation software, for example, that can be used to speed up the process. Searches can be customized to look for certain keywords and phrases, meaning the whole process is streamlined and it takes less time. A great benefit for both you and your clients!

Analytics

Analytics software can cut the time it takes to review contracts. Text analytics is able to speed read documents and understand them much like a human. So many aspects of a contract can be analyzed automatically using artificial intelligence, meaning key sections, clauses, entities, and facts can be identified and extracted to be used by other systems. If you’ve got lots of clients and thousands of contracts or leases to look at, this type of software can save you a considerable amount of time.

PDF Conversion

While an increasing amount of the documentation you receive in your practice will be digital, there are still plenty of hard copies of documents floating around. PDF conversion software can be used to convert it into digital files, allowing them to be shared via email and cloud platforms. It’s also possible to search these documents using optical character recognition technology.

New software has revolutionized the way the legal profession operates, and many legal firms are choosing to embrace the latest advancements. Don’t be tempted to wait and see what happens. Take advantage of what’s available now, or you’ll find yourself losing clients to your competitors.