Welcome back to the Law School Toolbox podcast! In today's episode, we're talking with Colin Levy author of the book The Legal Tech Ecosystem about what's new and exciting in the.
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RALEIGH, N.C., May 19, 2021 /PRNewswire/ As any attorney will tell you, a strong legal practice is built on relationships.
Levitate, the keep-in-touch marketing platform, started by former ShareFile founder Jesse Lipson, announced their latest integration with
Clio, the leader in cloud-based legal technology, to make it easier than ever for attorneys to drive relationship-based business.
Combining Levitate s pioneering approach to nurturing networks with Clio s practice management platform gives attorneys a clear advantage over traditional marketing approaches. The announcement comes on the heels of a year in which global email volume grew over 200%, and legal professionals were forced to adopt new, virtual ways of managing client relationships. With this integration, Clio and Levitate customers can cut through the noise and rethink how they market by simply and efficiently keeping in touch with their core network and driving higher-quali
What s Hot, What s Not: National Practice Trends 2021
National legal industry experts comment on what COVID-19 taught us
and how important it is to have the ability to pivot with change. They
also advise Wisconsin lawyers where to seize opportunities in an
uncertain environment.
+4.8
Source: CLIO Legal Trends Report (available at https://www.clio.com/resources/legal-trends/2020-report/) Note: AK and HI not included due to insufficient data.
Attorneys in states with the largest increase in rates include Wyoming at $251, up 9.9% from the previous year, and Iowa at $175, up 9.1% from the previous year. However, one could argue that with such low rates for Iowans with a bar card, there was optimistically no place to go but up.
Some states saw a drop in hourly rates, though I don’t think we can draw too many broad conclusions here, as the states differ greatly in business demographics. Connecticut attorneys saw their average hourly rate go from $321 to $311, a drop of 3.2%, though still over the $300 benchmark, a high-water mark that can make some clients flinch. South Dakota saw a drop from $192 to $180 per hour. I’ve traveled in both states, and they could not be more different. Other states with declining statewide average billing rates include Georgia,
Clio; Icertis This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
2020 has accelerated growth for many legal tech companies as law firms and businesses had to digitize their work amid the pandemic.
Insider spoke with eight industry experts, from CEOs of legal tech companies to a partner at an Am Law firm, about the biggest legal tech trends of 2020, and what they mean for the year ahead.
The legal tech market was especially busy when it came to investments and acquisitions, and will become increasingly consolidated as larger companies seek further growth.
Big Law firms have also upped their tech games to maintain their competitive edge against the Big Four accounting firms and smaller legal service providers.