Emerging Tech 3 years ago

Legal Technology and Matter Management

To combat the disadvantages of conventional matter management techniques, several legal entities saw compelling benefits in the use of legal technology and its several applications

Handling official documents is not an easy task. Who among us hasn’t been overwhelmed at the bank teller’s desk at the simple sight of those intimidating and never-ending forms and documents? Now multiply that by four – nay, ten, and there you have Legal Matter Management. An onerous but essential aspect of legal practice, Legal Matter Management refers to several activities involved in the management of corporate and legal work – from collection of necessary information to sorting through copious documents and even contract management. It entails the collection, tracking, analysis and reporting of all tasks that steadily enable an effective, collaborative workflow.

Conventional matter management techniques, though still widely in use, come with a host of disadvantages – the process is manually intensive and labour exhaustive; the information on clients and cases are often haphazardly compiled, raising the risk of inaccuracy and unavoidable delays. Still primarily adhering to the constraints of paper, they allow for a much lower degree of collaboration. To combat these disadvantages and to enhance matter management practices everywhere, several legal entities saw compelling benefits in the use of legal technology and its applications within a technologically advanced matter management platform. Here, we go over some of those indisputable reasons.

There are four main reasons (four ‘Cs’ if you will) as to why and how technologically advanced matter management solutions are now transforming the practice of legal matter management:

Centralisation

Easy-to-use templates and convenient accessibility of an advanced matter management platform make it so that relevant details regarding personnel, clients, workflow and any necessary documents can all be added in a single place.

Configuration

A unique platform with customisable features allows one to calibrate technology to suit one’s specific needs and requirements – subsequently increasing capacity and enhancing efficiency.

Competent Analysis

Advanced matter management platforms can quickly and effectively pinpoint shortcomings and achievements pertaining to all legal matters. They can easily sort through copious data – a task that would otherwise take a lot of time and human resources.

Collaboration

With secure yet uncomplicated file-sharing capabilities, advanced matter management platforms aid in easier and better collaboration between lawyers, their colleagues and external counsel – enhancing productivity everywhere.

Now who can say no to that!