Technology 

Using Law Firm Technology to Maximize Case Value

Dov Slansky

Vice President, Strategy and Innovation at Litify

Ari Kornhaber

Ari Kornhaber

EVP & Head of Corporate Development at Esquire Bank

In this blog, we feature insights into how to leverage law firm technology as a catalyst for law firm growth and operational efficiency.

Harnessing the Power of Technology for Law Firms

As industries across the globe continue to digitize, it’s important for law firms to do the same. Law firm technology not only makes running a law firm easier and more efficient, it can also increase profitability and maximize case value by providing valuable insights on attorney performance, case duration, and outcome trends.

According to Dov Slansky, vice president of strategy and innovation at Litify, “The most successful law firms look at their outcomes, and they look at those outstanding performers and say whatever they’re doing…I want to take that, and I want to make that best practice for my firm.”

Leveraging Technology to Scale Your Firm’s Business

The key to learning how to get more results from cases, improve outcomes and resolve cases faster depends on utilizing the right technology. Law firm technology offers firms the capability to see how many clients the firm signs on as compared to the number of potential clients. Additionally, firms can identify which lawyers settle cases faster and for a higher value.

By analyzing the trends of the firm’s attorney performance and case outcomes, law firm owners can chart the best path forward for more growth based on outstanding performer workflow. That valuable information will help the firm determine when and whether to optimize for speed or to optimize for value.

To learn more about law firm technology, watch the 3-minute video above, featuring Dov Slansky, vice president of Strategy and Innovation at Litify.

Download the “Typical Lending Options” Infographic

Learn about “Typical Lending Options for Contingency Fee Law Firms” and the value of Esquire Bank’s case cost financing solutions, click below to download

DOWNLOAD INFOGRAPHIC

Meet with Esquire Bank

Ready to transform your law firm with leading technology? Learn how your law firm can finance its case costs and free up capital to invest in marketing, technology, operations and growth. Schedule a no-obligation consultation with an Esquire Bank Business Development Officer today at a time convenient to your schedule.

SCHEDULE A MEETING

For more on Esquire Bank’s expertise in providing tailored solutions for law firms, please visit Esquire Bank’s resources portal, Lawyer IQ, where you can learn about growing your businessfinancing for law firmsmarketing strategy best practices, and more.

You can also register to receive the Law Firm Insights newsletter for more in-depth interviews with legal industry professionals, case studies, and resources.

REGISTER NOW

 

 

* The information provided on (or accessed through) this email is provided for general informational purposes only and is not intended as, and should not be relied on for, law firm operations, tax, legal or accounting advice. Some of the information may not be applicable or appropriate for all law firms. Please consult your own tax, legal and accounting advisors as appropriate.

Continue Reading

Technology

Turning Crisis into Innovation for Contingency Fee Law Firms

For contingency fee law firms, the pandemic was not just a disruption—it was a catalyst, turning crisis into innovation for legal tech. Read this blog for important insights from Vista Consulting.

Technology

The Transformative Power of AI for Law Firms

Learn how your firm can streamline processes, enhance client service, and improve productivity by leveraging the transformative power of AI for law firms.

Technology

Leveraging Predictive Analytics for Law Firm Growth

By using predictive analytics in operations, contingency fee law firms can improve case intake, resolve cases faster, and achieve greater settlements.

  • Life Cycle Stage: Educated - Best Practices
  • Content Tier: silver
  • Content Type: video

You are now leaving Esquire Bank

https://lawyeriq.esquirebank.com

Back to Top