The business of practicing law has been experiencing a paradigm shift in recent years, and the COVID-19 outbreak played a crucial role. Now, legal industry peers started realizing that some of their processes and resources can be managed remotely, and technology could be their helping hand for executing time-consuming and error-prone tasks with automation. Both law firms and legal departments are striving to improve productivity (do more with less!) and cut operational costs.
Litigation or disputes are more challenging than ever. On the one hand, law firms' clients insist on high-end legal services at competitive prices. On the other hand, law firms are struggling with operational challenges like decentralized case-related documents, underperforming lawyers, communication gaps between knowledge workers and partners, the legacy practice of managing tasks, and a tendency toward a person-oriented approach.
Due to blur or zero visibility over ongoing matters and their respected deadlines or priorities, law firms often experience staff shortages. A powerful legal case management solution can fine-tune resources, tasks, and timelines. Also, helps you adjust resources according to a case priority resulting in enhanced productivity and better transparency in day-to-day legal practice.
How disgraceful it is for trial attorneys when unhandy courtroom resources like Court Reporters, Videographer, Proof-reader, Interpreter, and Reporting Agency failed being your helping hand in the proceeding. To cope with this, you should pick your courtroom resources wisely, and selection must be based on their skill sets and availability.
Knovos CRS (Court Reporting System) solution delivers a seamless resource management experience, from selection to invoicing. Learn how its smart resource database, job scheduler, auto-notification, and file handling capabilities makes a worthy difference for you.
Neither can you overlook the client’s concern about slashing down the eDiscovery cost nor reduce the wages of attorneys who perform in-person document reviews. But, you can definitely eliminate silos in eDiscovery projects by adopting a powerful end-to-end eDiscovery solution capable of handling all the stages from data collection to processing to ECA to document review and production. Here, AI or machine learning-enabled document review (TAR) can reduce the manual review burden for your team.
Knovos AI-powered solution is recognized by none other than Financial Times when it helped an international law firm save manual review hours a whopping 8300.
Corporate legal departments have been affected by the COVID-19 pandemic in many ways, like budgetary constraints in hiring new resources, doing more with less mandate, increasing workloads on in-house counsels, and controlling outside counsel costs. To deal with the most crucial “outside cost-control” matter, the legal department must first come out of internal silos. Discover how Knovos technology can help optimize internal processes.
Managing legal hold – a crucial part of litigation- is more challenging than it sounds, especially when there are numerous matters on the table involving custodians from all departments and offices. Spreadsheets and manual email threads only add to the challenge. A smart legal hold management solution capable of issuing legal holds, managing and escalating legal hold requests with auto email reminders and notifications can not only save time but also eliminates the chances of errors.
The better you deal with the contracts, the better you can control the costs and mitigate the financial and legal risks. Managing hundreds and thousands of contracts is like driving a car on a busy road. You must pay full attention to the drafting process, expiration of contracts, and renewal or terminal. Doing this manually is onerous even though you have a large in-house team. A powerful contract management solution with built-in AI-enabled contract intelligence is worth considering for mid and large-size organizations.
Mitigating legal or compliance risks pertaining to data is a joint responsibility of the IT and legal teams. They have to work together and enforce a zero-trust policy framework. 360-degree visibility and control over enterprise data and its movement are imperative for complying with the latest data privacy regulations (i.e., GDPR, CCPA, CPRA, etc.). Learn how Knovos GRC (Governance Risk and Compliance) solution could be your key player in achieving privacy objectives.
Delivering a friction-less arbitration experience in this dynamically evolving workplace is one of the biggest challenges for today's Arbitration Institutes. Explore how Knovos Arbitration Management technology can revolutionize processes.
International Arbitration has been getting much traction recently, and one of the reasons is its fast-track proceeding. Aspiring parties expect more digitization, automation, and remote proceeding capabilities from Arbitral Institute. To fulfill these demands, Arbitration Institutes are exploring techniques and technologies for driving innovation in legacy processes.
Here, an all-inclusive Arbitration Management solution brings all the parties, tribunals, experts, and institute staff on the same page and acts as a centralized repository for matter-related documents and a case management console.
Legal service providers or ALSP (Alternative Legal Service Providers) are gaining traction in the legal industry. Law firms and Investigation agencies prefer to outsource their caseloads, and in return they can reduce operational expenses. You as a legal service provider can serve your clients better with our technologies.
Set your workflow in our end-to-end project management solution and start managing your projects, tasks, resources, and timeline from a single unified system. It enables managers to adjust resources per project priorities by giving complete visibility over progress. Whether related to project or invoicing, you can manage customer communication from a single unified platform.
Join hands with Knovos – a legal technology pioneer since 2002. We have a specialized partnership model for legal service providers or ALSPs. Leverage our entire spectrum of technologies for your clients and achieve your project goals quickly and efficiently. We offer our solutions on a transaction (project basis) or for long-term use, and all solutions are available on a flexible pricing model (including the pay as you go” model). Additionally, we offer a complete white-labeling of our solutions for legal service providers.
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