Legal Team
LegalTech is changing the legal industry by boosting productivity, reducing costs, and supporting a healthier work-life balance. With such tools lawyers save over 8 hours a week on routine tasks, law firms can meet client demands more efficiently while enabling their teams to focus on high-value work. This shift not only improves client service but also helps legal professionals achieve a more balanced and fulfilling workday.
Source: LexisNexis
In today’s legal landscape, productivity and cost-efficiency are critical. A recent Bloomberg survey revealed that 85% of law firms have adopted alternative billing methods to meet client demands. However, while these methods can help align pricing with client expectations, only 18% of firms are using them to reduce their internal costs. By leveraging LegalTech, firms can take a proactive approach to both meet client needs and improve their own operational efficiency. For example, LexisNexis reports that lawyers save an average of 8 minutes and 41 seconds per task, adding up to over 8 hours of reclaimed time per week using Legaltech. This means lawyers spend less time on routine research and more time on strategic tasks that drive client value.
LegalTech also plays a pivotal role in supporting work-life balance by reducing the need for long hours spent on low-value tasks. As firms increasingly adopt flat or fixed fee structures, legaltech helps lawyers to complete work more efficiently without compromising on quality. Irwin Mitchell, a full-service law firm, partnered with LexisNexis to improve its digital capabilities and increase efficiency. According to Victoria Brackett, CEO of Business Legal Services at Irwin Mitchell, technology allows the firm to focus on what clients truly value while also streamlining internal processes. By automating and simplifying repetitive tasks, legaltech helps lawyers maintain a more balanced workload, ultimately supporting better mental health and job satisfaction.
Beyond productivity gains, legatech allows legal professionals to reclaim time for personal pursuits, promoting a healthier work-life balance. The industry’s traditional expectation of long hours often leads to burnout, but by adopting tools that reduce time spent on administrative tasks, lawyers can spend more time on meaningful work and less time on tasks that drain their energy. As LegalTech continues to evolve, it’s reshaping the way legal professionals work, enabling them to deliver high-quality service efficiently while enjoying a more balanced life.
Read more: LexisNexis