Law firms stories - Page 3

Litera upgrades its AI platform Litera One with new features and deeper CRM links, enhancing legal workflow and boosting productivity for over 2,500 law firms.

Private Large Language Models offer businesses secure AI tools that boost productivity and safeguard data, transforming workflows without costly system changes.

Hewlett Packard Enterprise has completed its acquisition of Juniper Networks, doubling its networking business and boosting AI and hybrid cloud capabilities.

Most firms overestimate their AI governance despite rising privacy risks and growing AI-related incidents, with only 17% deploying strong technical controls globally.

Opus 2 leads AI adoption in litigation management, with nearly half of major law firms choosing its platform, five times more than any rival solution.

New Zealand's cyber incidents in Q1 2025 caused NZD $7.8 million in losses, marking a 14.7% rise and the second-highest quarterly total ever reported.

Opus 2 appoints Tiama Hanson-Drury as Chief Product and Technology Officer to drive AI innovation and growth in its legal software offerings.

Legal professionals worldwide prioritise robust document management systems over AI, aiming to boost efficiency before adopting advanced legal technology, finds iManage report.

Generative AI use in professional services has nearly doubled in a year, reaching 22%, with 95% expecting it central to workflows within five years.

iManage has unveiled enhancements to its AI strategy, including updates to Ask iManage and Insight+, aimed at boosting efficiency for users globally.

As law firms increasingly adopt AI for efficiency, experts warn that superficial gains are insufficient to reshape value delivery for clients.

iManage reports a stellar 42% growth in annual recurring revenue and adds 305 new clients, bolstered by innovations and cloud expansion in 2024.

As AI becomes essential in legal practices, clients now demand to know not if law firms use it, but how effectively they do so.

NetDocuments has unveiled its ndMAX Studio, introducing 12 AI applications designed to boost efficiency and streamline document management for legal professionals.

A new report by DeepL reveals that 87% of legal professionals find AI tools enhance their work, marking a significant shift in the legal sector.

Leveraging a robust CRM system is crucial for law firms to strengthen client relationships, drive business growth, and ensure no client 'falls through the cracks'.

In response to growing cybersecurity threats in the legal sector, Litera has acquired FileTrail to boost its information governance and records management expertise.

Trustwave's latest report unveils a surge in ransomware and tech-based attacks on professional services firms, stressing the urgent need for stronger cybersecurity measures.

Affinda Group secures USD $10 million in latest funding round, raising total to USD $22.9 million over 18 months, and now valued at USD $120 million.

New Zealand's EsseVault ventures into professional services with EssePro, a platform poised to revolutionise customer interactions in law and insurance sectors.