A no-code chatbot for law firms
Want to employ AI but don't have the technical prowess? A new, no-code legal-specific interface could fill that need for your firm. Learn more in today's edition of Raise The Bar.
In today's newsletter:
📑 AI interface offers firms no-code assistance
💡 Setting and keeping your hourly rate
📩 The AI-cash leakage stopgap
📲 Is it time to go paperless?
🎧 Here's how AI can prevent revenue leakage
It's widely believed that smart AI use can save law firms time -- but can it also stem revenue leakage and boost the bottom line? Oddr is a legal tech startup that recently launched what it says is the legal industry’s first AI-powered invoice to cash platform, centralizing law firm billing, collections, payments and reconciliation in a single product. Oddr's CEO Milan Bobde talks about the product and its potential to improve profits and find wasted spending at law firms.
Listen in on the LawNext podcast.
• Florida Legal Awards (April 24)
• American Immigration Lawyers Association Conference (June 12 - 15)
Is it time to go paperless?
LDigitizing law firm staples like legal briefs and invoices not only save money and resources -- they meet client digital expectations. Invoices paired with online payment options, for example, connect clients with time-saving options. Even items like notarized documents can go the digital route, leading to a paperfree existence.
How to set and enforce your billable hourly rate
Setting a fair hourly rate is a multi-faceted process and there's a lot to keep in mind. Some of the factors that influence that rate include location and size of your law firm, your billing methods, if travel is involved and even your area of legal expertise. Creating your perfect hourly formula is possible though, with some guidance.
Check out how to calculate it at MyCase.com.
• ABA announces women honorees
• What a privacy ruling means for legal consent
• Understanding confidential email disclaimers
• Revolutionizing litigation services through tech
New generative AI platform KLapper is designed to help law firms create online legal assistants without needing extensive technical support or coding experience. The AI tool can be customized for use by firms to complete tasks such as legal research, document review and analysis, document automation, and billing and time tracking. The interface was built on Microsoft’s Azure OpenAI Service and can be used across a wide range of channels, including web apps, mobile apps, Windows 11 and more.
Check out the details at LawSites.com.
Thank you for reading Raise The Bar.
.... where we help you go above and beyond for your law practice.
Every Thursday, you'll hear from our team about the most pressing issues facing legal practices today. We'll also try to include some quick-hit reads that touch on interesting cases and precedents being set worldwide.
Until our next update, stay informed and empowered.
Best Regards,
Katie Parsons,
Editor, Raise The Bar