A cost recovery system is a software application that helps law firms track and recover expenses incurred on behalf of clients. It works in conjunction with a legal practice management system (LPMS) to provide a comprehensive solution for managing law firm operations.
Integration Points:
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Where time is money and efficiency are paramount, legal professionals are constantly seeking innovative tools to streamline their workflows and enhance productivity. Microsoft 365 Copilot emerges as a game-changer, offering a suite of features specifically tailored to meet the unique needs of lawyers, law firms, and legal departments. From document management to communication and collaboration,…
In today’s ever-changing regulatory landscape, ensuring your business does not engage with high-risk individuals or entities is crucial. Sanction and watchlist screening is not just a regulatory requirement, it’s your shield against potential risks.
Join FICA compliance experts DocFox, for their upcoming webinar on the 11th of September at 10:00 to explore the essentials…
PURPOSE:
The purpose of this circular is to elaborate on the procedure to be followed when
implementing/applying the amendments of the Act and Regulations of Act 6 of 2021 in the Deeds Registry Pretoria.
BACKGROUND:
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• Generative AI is transforming the legal industry, but attorneys say the billable hour is here to stay.
• Instead, they said the value of a lawyer’s hour is likely to increase as AI tools help automate routine tasks.
• “You’ll still see billable hours, but you’ll see a reduction of those billable hours,” said…
In today’s competitive legal landscape, law firms are constantly seeking innovative ways to enhance their profitability. One such avenue that often goes overlooked is cost recovery. By effectively tracking and billing for expenses, law firms can significantly boost their revenue and improve overall efficiency.
Introducing Dynamic Connect: Your Cost Recovery Solution
Iposi Net, a leading provider of software solutions, offers…
A rouwkoop clause comes from our common law. The word is derived from the Dutch words meaning “regret” and “purchase”. In essence, it is a clause in an agreement that entitles a party to that agreement to pay an agreed sum of money in order to be allowed to withdraw (or purchase his/her freedom) from…
Chatbots have become a game-changer in just about all sectors of business. But what exactly is a Chatbot and how does it use artificial intelligence (AI) to help lawyers and their clients?
It is a computer program designed to simulate conversation with human users. You might have interacted with one when you visit a website…
There’s no doubt that by embracing the right technology we are able to get more done in less time. Working smarter not harder has never been easier.
Technology has helped us embrace a better work-life balance and has – in many cases – prevented burnout and stress because we have our “little helpers” doing all…
With analysts at a big Wall Street firm saying that generative artificial intelligence (GenAI) technology is about to automate almost 25% of jobs across every industry, many people are saying, “Is that us?” If you are a lawyer today, or teaching the next generation of lawyers, you have probably been asking that question for more…
