11 Best Legal Tech Companies of 2024
11 Best Legal Tech Companies of 2024
Legal tech is changing how law firms work, even as we speak. With the emergence of these modern solutions, integrating more intuitive tools into your law firm has become necessary.
However, budgets are limited, and there are many legal tech tools from which to choose.
In this article, we’ve compiled a list of the 11 best legal tech companies worth investing in.
1. Briefpoint.ai
Briefpoint.ai takes away the burden of one of the most repetitive legal processes: discovery document preparation.
When done manually, law firms would typically have to spend hours–if not days–on drafting discovery documents. And that’s just one part of the tedious discovery process.
With Briefpoint’s generative AI, legal teams can draft discovery response documents in minutes. These include but are not limited to responses to requests for admission, requests for production, and interrogatories.
The process is as simple as it can be: law firms just have to upload their opposing counsel’s requests, select objections and responses, and download the draft in Word.
Briefpoint.ai saves legal professionals thousands of dollars every year. More importantly, lawyers and paralegals can spend the extra time on more impactful and engaging work.
2. Clio
Clio has long been the answer for law firms and legal professionals looking for a simple yet effective practice management system. Its comprehensive suite is remarkably user-friendly and accessible to a broad range of professionals, regardless of their technical expertise. It includes:
- Case management
- Billing
- Client communications
- Document management
As a cloud-based litigation platform, Clio offers the flexibility required in today’s legal environment and allows work to be conducted from virtually anywhere.
This adaptability is especially valuable given the increasing shift towards remote and flexible working arrangements.
3. CaseText
CaseText offers a fresh approach to legal research. It leverages advanced artificial intelligence and machine learning technologies to sift through vast databases of legal documents, cases, and statutes.
What sets CaseText apart is its CARA AI feature, which allows users to upload legal briefs or documents, and then it automatically finds related cases and legal texts. This makes it easier to tailor the research process to the specific context of each user’s needs.
CaseText is also geared towards making the entire research process more intuitive and less time-consuming. The user interface is clean and straightforward, making navigation a breeze even for those who might not be tech-savvy.
Additionally, it offers tools for citation checking and analysis so that legal professionals can trust the accuracy and relevance of the information they’re using.
4. Everlaw
Everlaw is for law firms that need advanced discovery and litigation support solutions. Its platform is known for merging cutting-edge technology with an intuitive design to manage the complexities of legal document analysis and case preparation efficiently.
Its tools are designed to simplify the electronic discovery process. This includes powerful search capabilities, document review, and case management features, all of which aim to make it easier to sort through vast amounts of data and find relevant information quickly.
What’s also great about Everlaw is how it champions team collaboration. The platform includes tools for annotation, tagging, and sharing documents, enabling team members to work together regardless of their physical location.
5. LawVu
LawVu combines multiple aspects of legal operations into one convenient platform. This approach is meant to address the specific needs of in-house corporate legal departments and improve the efficiency, collaboration, and overall management of legal matters.
The platform features modules for matter management, contract management, and outside counsel oversight. These integrations help your firm better understand recurring legal workflows and, ultimately, become more organized.
Plus, LawVu’s platform includes advanced analytics and reporting capabilities, which allow legal services to get a clear grasp of their operations, assess performance, and make data-driven decisions to improve their services.
6. LeanLaw
LeanLaw is a smart solution for smaller and mid-sized law firms looking to mesh their legal practice needs with solid accounting.
By teaming up with QuickBooks Online, LeanLaw taps into powerful accounting tools and makes the whole financial side of running a law firm—from keeping track of billable hours to keeping an eye on the firm’s finances—a lot smoother and more straightforward.
LeanLaw also offers a package for organizing client details and internal resources, so everything you need is just a few clicks away.
Plus, with its built-in tools for digging into your firm’s data, you can get a clear picture of where you’re making money, how your team is doing, and what moves you might need to make next. For law firms that are already working with QuickBooks Online and need a better way to bring their legal and financial operations together, LeanLaw stands out as a go-to choice.
7. Smokeball
Smokeball is legal practice management software geared specifically towards small law firms and solo practitioners. It focuses on streamlining repetitive legal processes, which can reduce the time lawyers spend on administrative work.
The best part of Smokeball is its case management feature, which organizes all aspects of a case — from documents and emails to contacts and calendars — in one easily accessible place. This means less time searching for information and more time focusing on the legal work itself.
Billing and time tracking are other areas where Smokeball excels. It automatically tracks the time spent on each task and integrates this with its billing system, which simplifies the invoicing process and makes sure that no billable hour goes unrecorded.
8. Ironclad
Ironclad is a complete and scalable solution for teams drowning in contracts and looking for a better way to get things done. The contract management tool automates the creation, execution, and management of contracts.
Ironclad also keeps all your contracts in one spot. No more digging through emails or folders to find what you need. Everything’s secure and easy to find, which is a lifesaver for businesses processing routine contracts.
In addition, this tool can integrate with other tools you’re already using. Its integration capabilities make sure that contract management becomes a cohesive part of the broader business ecosystem and leads to smoother workflows across departments.
9. MyCase
MyCase is a legal practice management software that simplifies legal workflows and keeps them running smoothly. It tackles everything from case management and client communications to billing and time tracking into one neat platform. This means lawyers can spend less time juggling different tools and more time focusing on their clients’ needs.
With MyCase, everything you need to run your law practice is right there in one easy-to-use interface. Whether you’re scheduling meetings, managing case files, or processing payments, it’s all there.
MyCase is also great when it comes to keeping clients in the loop. It offers secure messaging, updates on case progress, and easy online payment options, which helps law firms improve their client relationships by keeping communication clear and straightforward.
10. CoCounsel
CoCounsel, powered by Casetext, is another innovative legal tech tool. This AI-driven assistant is groundbreaking for several reasons, notably its ability to offer legal support across a range of tasks that traditionally require hours of human effort.
It is designed to understand and execute a variety of legal tasks, from legal research and drafting documents to reviewing contracts and summarizing case files.
What makes it a top contender is its sophisticated AI technology, which allows it to process and analyze legal information with unmatched efficiency and accuracy. This is a boon for legal professionals who are often under tight deadlines and need to juggle multiple cases simultaneously.
Powered by Casetext’s extensive legal database, it leverages the latest in AI legal technology to fine-tune its capabilities and offer more personalized and accurate assistance over time. Plus, they offer rapid response services for global operations.
11. UniCourt
UniCourt is a legal tech service that simplifies how law firms get their hands on and use legal data. It’s a go-to resource for law firms, businesses, and anyone who needs quick access to court records and insights into legal trends.
The best feature of UniCourt is how it brings all kinds of legal data together under one roof. Whether you’re keeping tabs on a specific case, digging into legal precedents, or trying to spot trends in litigation, UniCourt lets you do it all without the need to jump between different databases. This can be a massive time saver, especially if you need the latest info without the hassle.
Aside from accessing data, Unicourt helps you manage it better. You can set up alerts to track cases automatically, so you’re always in the loop with real-time updates without constantly checking in manually.
Automate Discovery Drafting with Briefpoint.ai
Artificial intelligence is designed to eliminate the most tedious legal workflows. So, why not start with the most time-consuming tasks?
Briefpoint uses the power of generative AI to draft discovery documents for you.
The platform is designed to be intuitive and user-friendly. Plus, we offer ongoing consultation to make sure you’re using Briefpoint to its full capabilities.
The Best Legal Technology Company for Discovery Documents
Discovery responses cost firms $23,240, per year, per attorney. $23,240 estimate assumes an associate attorney salary of $150,000 (including benefits – or $83 an hour), 20 cases per year/per associate, 4 discovery sets per case, 30 questions per set, 3.5 hours spent responding to each set, and 1800 hours of billable hours per year.
Under these assumptions, you save $20,477 using Briefpoint, per year, per attorney.
Test Briefpoint yourself by scheduling a demo here.
FAQs About Legal Service Providers
What is legal tech, and how does it benefit legal professionals and their clients?
Legal tech refers to the use of technology and software to provide legal services and support the operation of law firms and legal departments. Legal tech benefits legal professionals by streamlining workflows, reducing the time and cost associated with traditional legal processes, and enhancing the accuracy of legal documents and research.
For clients, legal tech can lead to quicker resolutions of legal matters, improved access to legal services, and, often, lower costs.
Can legal tech replace lawyers?
While legal tech improves the efficiency and effectiveness of legal services, it is not designed to replace lawyers. Instead, it serves as a tool to assist lawyers in their work.
Technology can automate repetitive tasks and manage large volumes of data, but the nuanced judgment, ethical considerations, and client advocacy provided by human lawyers are beyond its current capabilities.
How is AI being used in legal tech, and what are its limitations?
AI in legal tech is primarily used for automating document analysis, conducting legal research, predicting legal outcomes, and improving client service through chatbots and other interactive tools. It can sift through vast amounts of legal data to identify patterns, suggest relevant case law, and even draft legal documents.
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