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<b><i>Software Review:</i></b> Dragon NaturallySpeaking 9
In the legal profession, planning for an appeal often begins as early as drafting the first complaint or answer in the initial suit ' and sometimes even before that. Because time is always of the essence in the judicial system, the ability to quickly move case information into a digital workflow is critical to maximizing the analysis time for each matter. Surprisingly, in this predominantly electronic business age, a majority of attorneys and judges are still behind the information technology curve. These legal professionals are drowning in a sea of tedious, costly and error-prone manual processes for creating, collecting and organizing case data.
Over the last decade, legal organizations have begun to reap the benefits of using computerized practice management systems. The only remaining drawback is document creation manually via hand typing. This process is painful (literally) and costly for highly paid legal professionals. Most people type at about 40 words per minute, but speak three or four times as fast. As a result, typing speed is usually a productivity bottleneck for anyone other than professional typists. Outsourcing this task to a transcriptionist may seem like the perfect solution. However, a traditional transcription workflow presents its own problems, including lengthy information turnaround time and added overhead expense. Last year, legal organizations spent over $5 billion for manual transcription services. On average, a single attorney or judge spends upwards of $20,000 per year to digitize case information. In times like these, reducing costs, unnecessary errors and providing better service to clients can be the key to your organization's success and profitability.
Why So Many Great Lawyers Stink at Business Development and What Law Firms Are Doing About It
Why is it that those who are best skilled at advocating for others are ill-equipped at advocating for their own skills and what to do about it?
Bankruptcy Sales: Finding a Diamond In the Rough
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.
The DOJ's Corporate Enforcement Policy: One Year Later
The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
A Lawyer's System for Active Reading
Active reading comprises many daily tasks lawyers engage in, including highlighting, annotating, note taking, comparing and searching texts. It demands more than flipping or turning pages.
Blockchain Domains: New Developments for Brand Owners
Blockchain domain names offer decentralized alternatives to traditional DNS-based domain names, promising enhanced security, privacy and censorship resistance. However, these benefits come with significant challenges, particularly for brand owners seeking to protect their trademarks in these new digital spaces.