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As law firms strive to become more efficient and technically savvy, it's clear that some inefficient processes are easily streamlined while others are more stubborn and entrenched. Prebilling, the process of generating invoice drafts and circulating them for annotation/adjustment, is one of the most important monthly tasks a law firm conducts. Since prebilling involves bringing money into the firm, the more efficient the process becomes, the better off the law firm is financially. However, when Orion recently conducted its first-ever Prebill Survey, the study revealed that prebilling is the very opposite of efficient and instead is an exceedingly manual, paper-heavy and antiquated process.
At the core of prebilling delays lies a big stack of paper. The Orion Survey found that more than 71% of law firm accounting and billing departments were not using electronic tools to manage prebilling. Instead, they were printing out, passing around and marking-up paper prebills by hand. Only 12% of firms surveyed were using electronic PDF prebills.
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On Aug. 9, 2023, Gov. Kathy Hochul introduced New York's inaugural comprehensive cybersecurity strategy. In sum, the plan aims to update government networks, bolster county-level digital defenses, and regulate critical infrastructure.
A trend analysis of the benefits and challenges of bringing back administrative, word processing and billing services to law offices.
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When we consider how the use of AI affects legal PR and communications, we have to look at it as an industrywide global phenomenon. A recent online conference provided an overview of the latest AI trends in public relations, and specifically, the impact of AI on communications. Here are some of the key points and takeaways from several of the speakers, who provided current best practices, tips, concerns and case studies.