As per American bar association, the rate of lawyers practicing law is lowering compared to 2010. Only 12.4% increase in new lawyers since 2010 to 2019. In the past three years, 3 times the percent of active lawyers grew only 1%. The fluctuations in demand for legal services reduces the law firm’s staff utilization rate. law firms prefer contract lawyers to flex capacity while ad-hoc demands. Legal agencies prefer price reduction from outside counsels in order to cut costs. The most efficient tactic is always enabling your legal firm with technology to ensure agility. This helps to stay in control of your costs.
So, every attorney and legal associates should be aware of technology, tools and software’s that helps their law firm to improve the profit margins. Explore the set of opportunities you must transform your law agency tech friendly. This helps to prevent your legal services firm declining productivity and downward pressure on realization rates. See what a survey reveals about enabling technology to solve challenges in a legal firm.
There are wide range growing legal technologies and tools to automate each of your departments namely,
Contracts Management
Governance and Compliance
Document Management & Automation
E-Discovery
IP Management
Practice & Case Management
E-Billing
Legal Research
Collaboration Tools
Knowing your legal tech list opportunities will keep you smarter and make informed decisions to scale up your profit margins.
Contract Management
eBrevia
Concord
LawGeex
Ironclad
Cosynd
Juro
Luminance
LinkSquares
Seal
Determine
eBrevia is commercializing machine-learning technology developed at Columbia University to analyze, extract information from, and summarize legal documents. The software reduces the time and cost associated with legal document review while improving a user’s accuracy. The technology has applications for due diligence, contract management, and document drafting.
Concord is a contract management platform that offers unlimited e-signatures and storage for any number of users in all types of businesses. Concord enables companies to accelerate growth while maintaining flawless compliance.
LawGeex is transforming legal operations using artificial intelligence, and helping businesses save hundreds of hours and thousands of dollars reviewing and approving everyday contracts. LawGeex combines machine learning algorithms, text analytics and the knowledge of expert lawyers to deliver in-depth contract reviews using the legal team’s pre-defined criteria.
Ironclad is the intelligent contract management system for in-house legal teams.
Cosynd provides collaborative cloud-based tools for easier drafting & negotiating of agreements. Apogee Legal is the first choice of many of the world’s largest companies for the design and implementation of custom contract analytics. As a leading legal analytics firm, our engagements consist primarily of integrating artificial intelligence tools, creating “enterprise class” analytics and designing highly automated processes, to reliably extract vital information from legal contracts. Apogee has developed AI analytics for a range of use cases, including sourcing transactions, software licensing, M&A, data security and privacy (GDPR), qualified financial contracts (QFC), complex commercial lending and finance, and strategic NDA negotiations.
Juro is powered by an international team of lawyers, designers and engineers, united by a shared purpose: to make legal more human. Contract management software your whole team will love.
Luminance is an artificial intelligence platform for the legal profession offers powerful, instant insight for document review. Lawyers around the world now rely on Luminance to dig deeper into their data, providing unprecedented insight
Uncover information buried in contracts without having to do time-consuming and costly contract review. Automatically extract key terms and build custom reports in seconds with LinkSquares.
Seal addresses critical gaps in today’s corporate contracting environment and opens the path to new strategic and transformation opportunities for the use of contract information. The Seal AI-powered platform adds intelligence, automation and visualization capabilities that augment and enhance the management and utilization of contracts.
Determine, a Corcentric company, is a leading global provider of SaaS Source-to-Pay and Enterprise Contract Lifecycle Management (ECLM) solutions. The Determine Cloud Platform provides procurement, legal and finance professionals analytics of their supplier, contract and financial performance.
Governance and Compliance
Compliance.ai is led by technology veterans, with a mission to empower professionals with the smartest regulatory and compliance change management platform. The company benefits from a strong group of financial industry advisors and board members.
Document Management & Automation
LegalZoom
Clerky
Rocket Lawyer
Axiom
Legal Raasta
Vakilsearch
LegalVision
LegalMatters
UpCounsel
LawTrades
Legistify
LawPath
Fair Claims
LawGo
LegalZoom offers high quality, affordable legal services, marrying cutting-edge technology with access to experienced attorneys. LegalZoom was founded on the idea that all Americans deserve access to the law; and as of 2011 the company has helped close to two million small businesses and families with their legal needs. Our high-quality documents have been accepted in all 50 states, and 94% of customers would refer LegalZoom to their family and friends.
Clerky makes it easy for startups and their attorneys to get legal paperwork done safely.
Rocket Lawyer provides legal documents to consumers and small businesses and allows consumers to find and reach lawyers as well.
Axiom, a recognised leader in the business of law, provides tech-enabled legal, contracts, and compliance solutions for large enterprises. Axiom’s solutions combine legal experience, technology, and data analytics to deliver work in a way that reduces risk, cost and cycle-time.
LegalRaasta is a technology platform to simplify legal and business-related matters. We are committed to helping startups and small business owners in solving legal compliance related to starting and running their business. Our mission is to offer affordable, quick and automated professional services to clients. Through technology, we bring numerous government/ legal forms at one place and have simplified them to be fully understood by common man.
Vakilsearch is a provider of online legal services for startup companies.
LegalVision is a market disruptor in the commercial legal services industry. Their innovative business model and custom-built technology assist their lawyers to provide a faster, better quality and more cost-effective client experience. LegalVision is a leader in delivering legal services in Australia and has assisted more than 50,000 businesses.
LegalMatters is thé online legal platform for entrepreneurs. The platform provides accessible and affordable legal solutions, always for a fixed price. LegalMatters.com works transparently and makes legal matters understandable so that entrepreneurs know where they stand and what they must do. LegalMatters mission is to become the world’s best online legal platform for entrepreneurs.
With UpCounsel, businesses can efficiently access and manage a high quality and on-demand legal workforce. Even though SMB’s currently spend over $100 billion on legal fees each year, they struggle to find quality and cost-effective legal services for critical business processes and decisions. We make the historically painful process of finding and managing legal services easy. Our customers love that they have an army of high-quality lawyers at their fingertips with transparent billing and tools to make working them more efficient. It’s a remarkable legal experience.
LawTrades lies at the intersection of technology’s biggest trends today — mobile, messaging, and on-demand services. It starts with a unique solution to a complex problem–send a message 24/7 to get anything legal done, whenever you want. Incorporating, reviewing contracts, creating wills, trademarking, and more. They’re the only app that is disseminating intricate legal matters to businesses with just a few taps. LawTrades fulfills these requests for their users instantly by providing a technology layer to a growing networking of legal service providers. Most of their users use us multiple times from starting their business to handling personal matters such as immigration filings.
Legistify is an online legal facilitation platform with an aim to bring in disruption and transparency in the legal system of our nation. We develop technology-based services for meeting your legal requirements. Our online agreement maker, a one of its kind services is a technology backed platform for you to avoid all the hassles in procuring legal agreements and paperwork. It is time your do-it-yourself. Apart from legal agreements we maintain a high-quality resource bank so that people get to understand their legal issues in a more structured and systematic way and devise means to solve them.
LawPath is an online legal platform for businesses. The company provides technology powered legal services at a fraction of the time, cost and complexity of the traditional system. 40,000+ businesses have used LawPath to start a company, register their Trademark, create legal documents or connect with one of the 750+ Lawyers on our marketplace.
FairClaims is an online dispute resolution platform for enterprise
LawGo is a ‘one-stop-shop’ where you can diagnose your legal needs and purchase high-quality, flat fee legal services performed by LawGo’s curated team of trustworthy and talented lawyers. LawGo was created by experienced New York attorneys to provide a fast, easy, and affordable way for regular Americans to access high-quality attorneys.
eDiscovery
Relativity
AccessData
Renew Data Corporation
Catalyst Repository Systems
Zapproved
CS Disco
Modus eDiscovery
Everlaw
Cicayda
Qdiscovery
Logikcull
eDepoze
AllegoryLaw
AgileLaw
Percipient
Discover Ready
Transperfect Legal Solutions
Relativity’s e-discovery platform manages large volumes of data & identifies key issues during litigation, investigations, & compliance.
AccessData Group has pioneered computer forensics and litigation support for more than twenty years. Over that time, they have grown to provide a broad spectrum of stand-alone and enterprise-class solutions that enable digital investigations of any kind, including computer forensics, incident response, eDiscovery, legal review, IP theft, compliance auditing and information assurance. More than 100,000 customers in law enforcement, government agencies, corporations, consultancies, and law firms around the world rely on AccessData software solutions, as well as their premier hosted review and digital investigations services.
Renew Data Corp. provides e-discovery, electronically stored information (ESI) risk management services, and forensic consulting solutions. It offers eDiscovery services, including planning, preservation and collection, processing, document review, production, and price estimation; and evidence storage services, including original media storage, Activevault data storage, and repository hosting.
Catalyst delivers the world’s most efficient, fully integrated platform for discovery and regulatory compliance.
ZDiscovery by Zapproved is an intuitive and powerful eDiscovery software for managing litigation response.
CS Disco Inc. makes the best legal technology in the world. Our first product, Disco, is e-discovery software that helps lawyers find evidence faster in the tens of millions of documents reviewed in major cases and investigations. They are animated by what we call the inventor’s spirit: solving hard, important problems from first principles with a team of world-class engineers and lawyers.
Modus empowers businesses, government agencies, and law firms of all sizes to optimize their Information Governance and eDiscovery
Everlaw creates technology that saves lawyers time and money. The company’s namesake litigation platform combines intuitive design and advanced computer science to help lawyers win their cases.
cicayda is a cloud-based software and services company that provides eDiscovery technology and services for intelligent litigation.
QDiscovery is a premier provider of eDiscovery and digital forensic services across the entire EDRM spectrum. Our dedicated team of eDiscovery professionals, forensic experts and litigation support specialists serves corporations, law firms and government enterprises, helping them
Logikcull is an instant discovery for modern legal teams. Its secure, cloud-based solution helps law firms and organizations of all sizes solve the expensive, complex, and risky challenges associated with eDiscovery.
eDepoze litigation software enables a truly electronic deposition using the iPad and electronic exhibits. Designed for attorneys by attorneys, eDepoze retains the benefits of the paper process and allows both local and remote sharing of documents — all for about the cost of reproducing a single banker’s box.
Allegory is an intuitive knowledge management tool designed to bridge the persistent gap between litigation and technology in exciting and innovative new ways. Designed by a BigLaw litigator who excelled in complex fast-paced litigations and built by a group of experienced engineers focused on user experience (a critical component too often underestimated in most litigation tools), Allegory is the first tool to bring the best of both litigation and technology to your fingertips.
TransPerfect Legal Solutions (TLS) is the industry leader in multilingual legal support services. Percipient is an e-discovery and legal technology company that provides management document review services for attorneys and their clients. The company’s services are provided in conjunction with trial teams and cover collection, review, analysis, and production.
DiscoverReady information intelligence solutions that streamline litigation and regulatory discovery, simplify compliance, and identify sensitive data.
AgileLaw allows litigators to replace binders and binders of printed exhibits using only a laptop and tablets before, during, and after the deposition.
IP Management
Beeline Legal
Alt Legal
Traklight
Lecorpio
Clearstone IP
Innovation Asset Group
Zhiguoguo
TrademarkNow
Clairvolex
TurboPatent
IPwe
Legit Patents
Beeline Legal is an Easy-to-use, online tool. Access to a real trademark attorney with 20+ years of experience. Your trademark is one of the most important business assets you’ll own. Get help protecting it with Beeline.
Alt Legal automatically updates statuses and deadlines, seamlessly collects key client details, and instantly generates IP filings. Alt Legal’s award-winning intuitive, cloud-based software is the easiest way to prepare and manage global IP filings.
Traklight is the only self-guided software platform that creates your custom intellectual property strategy. By empowering small businesses, entrepreneurs, and inventors to identify their intellectual property (IP), Traklight enables them to protect and leverage their ideas, and to become more educated about the strategies, costs, and implications of their IP.
Lecorpio helps legal departments replace outdated systems and manual processes with controlled workflows in a paperless environment. Our adaptable intellectual property management software brings together all the processes involved with intellectual property and makes every step more efficient. We help chief legal officers and IP counsel find the data they need to support better business decisions.
Clearstone FTO ™ Patent Risk Management. A centralized web application with fast, intuitive patent clearance and fingertip access to all your prior analysis.
Innovation Asset Group’s Decipher brings you the tools to achieve that alignment. Intellectual property management software and services to increase innovation productivity, organize IP in one central secure location, and reduce costs.
TrademarkNow provides an intelligent trademark management platform that is used by IP Professionals for instant trademark search and watch results.
Clairvolex is an IP Solutions company and our delivery model that combines deep IP domain, process innovation and custom-built IP tools are our key differentiators.
TurboPatent enables patent professionals and corporations to double their patent output and increase their patent quality.
IPwe – The Platform for the World’s Patent Ecosystem. IPwe is enabling companies to efficiently finance their patented intellectual property.
Practice & Case Management
Clio
jEugene
Page Vault
LegalSifter
Premonition
Teleborder
Priori Legal
MyCase
Justly
CloudLex
A suite of online tools to help manage your law firm. Completely web-based, Clio is a practice management system that is specifically designed for solo practitioners and small law firms. Your important client data is securely accessible anywhere—from your PC, your Mac, and even your iPhone.
jEugene jumpstarts definitions checks. In seconds, it highlights undefined terms and unused definitions right in the text of documents, so that lawyers can focus on harder problems. Not so long ago, a corporate associate experienced firsthand the stress of definitions checking. Catching all undefined terms and unused definitions is hard, especially when time is short and terms complex.
Page Vault enables legal professionals to easily capture web content for use as evidence in the U.S. courts. It is a cloud-based Software-as-a-Service subscription solution that provides a trusted third-party chain of custody for captures with the simplicity of a screenshot.
We build simple, affordable artificial intelligence products that help people manage their legal obligations and opportunities. We use natural language processing and machine learning to turn unstructured terms, conditions, and words into structured data and insights.
Premonition gives you an unfair advantage to sift through Big Court Data & analyze the best attorneys against the judges of the courts.
Teleborder helps companies hire, manage and retain international employees. Our software platform enables companies to manage immigration, reporting, and compliance all in one place, and our network of providers deliver related services through our platform.
Priori is a data-driven, vetted legal marketplace for corporate legal departments. Based in New York City and featured in The New York Times, Wall Street Journal, TechCrunch and more, our technology platform — including data-driven matchmaking, billing and analytics — allows companies to find, hire, manage and pay outside counsel from our vetted network at deeply reduced pricing.
MyCase an AppFolio company, offers web-based legal practice management software for the modern law firm.
Justly offers legal business solutions that enhance the value of attorney-client relationships. Our cumulative offering is built atop a comprehensive and current litigation database covering 16M+ cases spanning 10+ years from 2,000+ state and federal courts. We offer the only solution connecting firm experience to client- and matter-level insights needed to optimize firms’ business for profitability, competitiveness and client-value.
We drastically speed up matter management operations by offering a standard case assessment for any U.S. litigation matter and we vastly improve any firm’s RFP responses. Ours will be the most accessible and flexible legal data source on the market and we are already working with those who might someday build their own apps on our platform.”
CloudLex® is the innovator of the Legal Cloud®, a revolutionary cloud-based legal platform designed exclusively for plaintiff personal injury law firms. CloudLex® enables attorneys to build, manage, and grow their legal practice through its comprehensive suite of visionary applications.
e-Billing
SimpleLegal offers software for in house legal departments to manage matters, spend, billing, vendors and timekeepers. Making it easier for GCs and CFOs to understand and to run and manage their legal department.
Viewabill is a web-based platform that enables real-time access to time entries and actionable transparency into hourly billing practices. Viewabill seamlessly integrates with time and billing softwares to enable clients to access real-time accruals and costs.
TyMetrix® 360° is a SaaS-based e-Billing and Legal Matter Management software solution that allows you to manage all of your matters and legal invoices in one place.
Legal Research
Ravel Law
Casetext
Judicata
vLex
Ross/li>
Lex Machina
Ravel Law is a legal search, analytics, and visualization platform. Ravel enables lawyers to find, contextualize, and interpret information that turns legal data into legal insights. Ravel’s array of powerful tools – which include data-driven, interactive visualizations and analytics – transforms how lawyers understand the law and prepare for litigation
Casetext has grown into one of the most popular resources in the legal community. Casetext pair free legal research and publishing so you can search state and federal cases, statutes, and regulations, for free, annotated by insights from the country’s leading attorneys, law firms, and academics.
Judicata is mapping the legal genome—i.e. using highly specialized case law parsing and algorithmically assisted human review to turn unstructured court opinions into structured data. We are leveraging that data to build legal research and analytics tools that are an order of magnitude better than existing offerings.
vLex is a legal research platform that offers legal content and solutions for the professional, governmental, and academic markets. It has agreements with global publishers such as ProQuest, Gale Cengage Learning, the United Nations Publications, the World Bank Publications, the Commonwealth Secretariat, Oxford University Press, and more than 940 independent publishers worldwide.
ROSS Intelligence builds artificially intelligent tools to enhance lawyer’s abilities – allowing them to do more than ever before humanly possible. Their vision is to create the world’s smartest lawyer. Their first product, ROSS, is an artificially intelligent lawyer.
Legal Analytics combines data and software to provide the winning edge in the highly competitive business and practice of law. Our unique Lexpressions engine creates data sets never available about judges, lawyers, parties, and the subjects of lawsuits, out of millions of pages of litigation information.
Collaboration Tools
Lexicata
Avvo
LegalBase
Lawdingo
Court Buddy
Mighty Group
Lex Shares
Legalist
Hire an Esquire
Notarize
Wevorce
Willing
Simple Citizen
Red Points
Checkr
AirHelp
Separate us
Everplans
Bridge US
Lexicata is a cloud-based CRM and client intake system for law firms.
Avvo is the largest online legal marketplace connecting consumers and lawyers. Avvo also helps lawyers grow their businesses with marketing tools and services including Avvo Ignite, a cloud-based marketing platform designed specifically for attorneys.
Legalbase filed for bankruptcy in February 2017, just one year after operating publicly in legal tech. It is no longer a company, but a product of its former major investor LegalZoom
Lawdingo connects people with attorneys for legal consultations over the internet. People can find, book, and meet a lawyer without any of the real-world hassles like talking to a secretary, driving to a law office or paying a retainer. Lawyers gain access to a much larger legal market than their local community and are afforded the flexibility to talk to new clients on their own schedule.
Court Buddy is a legal tech platform that instantly matches people with vetted solo attorneys based on the client’s budget for a-la-carte legal services at flat rates. Once matched, clients can instant message, video chat or call their attorney matches using the ‘CourtBuddy Chat’ app, and instantly make secured payments to attorneys for the legal services through ‘CB Direct Pay’.
Mighty is an online platform that is designed for legal funders. Its cloud-based investment tools and on-demand services helps its users fund or supercharge their existing operations. Lawsuits take time. Powerful defendants count on this to force plaintiffs with good cases to settle early and for less. Legal funding is a tool that can bridge the gap between settling a lawsuit and the day-to-day costs of living.
LexShares is an online marketplace for investing in litigation. It connects plaintiffs in commercial legal disputes with investors to fund their cases.
Legalist uses machine learning on millions of court records to source, vet, and invest in commercial lawsuits.
We’re changing the way lawyers work, for good! Hire an Esquire is the first to market technology in the On-Demand Attorney Recruiting space. We are an enterprise marketplace that helps law firms and in-house legal departments to find, manage and pay a flexible workforce while helping attorneys create a more independent and entrepreneurial career path.
Notarize is a remote electronic notary service based on Virginia law. It is legal in all 50 states and the District of Columbia. Upload a document, prove your identity, fill out your document, and connect with a licensed Virginia electronic notary by live video call. Sign before the agent who will then legally notarize your document. When done, share your document by email, save to dropbox, or print and submit manually.
Wevorce helps couples divorce amicably with the help of our web-based technology and a community of trained attorneys, counselors and other experts.
Willing is the best way to make your legal will.
SimpleCitizen is dedicated to innovating immigration. By creating tools that make the immigration process more easy, affordable and online we are helping families establish themselves in new communities around the world. Since our founding in 2014, we continue to work at becoming your trusted partner in immigration.
Red Points is a technology company that provides a solution for brands and content owners to counterfeiting online and digital piracy. Red Points is the preferred brand protection partner in the sporting, entertainment, fashion, editorial, design and luxury industries, providing unique products across the entire digital spectrum
Checkr is a startup that provides either online access or an API that returns automatically generated background checks. Checkr uses the same data sources as traditional background check companies but can usually turn them around a lot more quickly than traditional providers.
AirHelp is an online legal service that helps air passengers get compensation from airlines when their flight gets cancelled, delayed or overbooked. Passengers can access the service via its official Facebook page or its mobile app available for iOS and Android devices.
Reducing the complexity of filing your divorce.
Our mission at Bridge US is to make immigration effortless. That starts with revolutionizing the broken US immigration process. After witnessing the dysfunction of the immigration process firsthand, we knew the world deserved a better solution. Bridge is a platform that combines proprietary workflow technology with world-class legal expertise to simplify the immigration process.
Everplans is a service that helps anyone gather, securely store and share all the information, documentation and wishes that your family might need if something were to ever happen to you. We provide step by step guidance, thousands of original articles and resources, and a secure vault that helps you share the right info with the right people.
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