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Actionstep soon expanded into central government and a wider range of small business users (mainly in New Zealand and Australia). [ 3 ] After a few years the expanse of their legal client base prompted the company to add key legal specific features to the product with the aim of further expanding their legal market.
LEAP Legal Software's flagship product is LEAP, a legal practice productivity solution. The key features of LEAP include legal practice management, document assembly and management, automated matter types and forms, a client and contact database, file sharing, time recording, billing and trust accounting tools, and legal publishing assets. [ 17 ]
Legal technology companies such as LegalZoom and Rocket Lawyer provide consumers and small businesses with document automation services. Document drafting is rules-based legal work and drafts of legal documents, such as contracts and the documents required for company formation, can be reliably generated through an interactive website. [17]
Law practice management software is software designed to manage a law firm's case and client records, billing and bookkeeping, schedules and appointments, deadlines, computer files and to facilitate any compliance requirements such as with document retention policies, courts' electronic filing systems and, in the UK, the Solicitors' Accounts Rules as defined by the Solicitors Regulation Authority.
In addition, automation benefits small-to-medium law firms that do not have the resources to utilize junior talent on such routine tasks. The increase of law firms utilizing automated applications could result into legal tech becoming a necessity in the industry.
The terms legal case management (LCM), legal management system (LMS), matter management or legal project management refer to a subset of law practice management and cover a range of approaches and technologies used by law firms and courts to leverage knowledge and methodologies for managing the life cycle of a case or matter more effectively.
Litera is a global company that has been developing legal technology software for over 25 years. It provides integrated tools designed to manage legal workflows, secure collaboration, and organize firm knowledge and experience. Litera's software is used by more than 2.3 million legal professionals. [5]
In May 2019, LexisNexis entered a joint venture with LEAP Legal Software, providing a migration option from the server-based Time Matters to the cloud-based product offered by LEAP. At the time, LexisNexis reported that they had 15,000 paying customers and 130,000 users across their PCLaw and Time Matters products. [ 4 ]
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