A new year brings with it a variety of changes, and this is no exception in the law. Whether you’re working in a large firm or practicing in a small firm, these innovations can be an opportunity to enhance your client service and revenue generation. This concept, which we refer to as “law new,” can be a game changer for all types of firms.
For many attorneys, the most important part of their job is drafting legal documents. These include statutes, rules, contracts and agreements. The drafting process requires attention to detail and a high degree of technical proficiency.
In recent years, a growing number of companies have been creating a range of software products designed to help lawyers prepare complex contracts and other legal documents. These companies are known as software as a service (SaaS) providers, and they are sometimes referred to collectively as “law tech.”
This Article examines the origin of this trend in the United States and compares it to similar developments in other countries. It explains why these developments have occurred, and it describes the challenges and opportunities for law technology.
Legal scholarship has long emphasized the importance of the judiciary in adapting the economy. Yet, the literature has failed to explore the important and overlooked role played by private commercial enterprises. This Article argues that private businesses’ market power and their ability to innovate are critical to the evolution of law in colonial America, and it proposes a framework for understanding the relationship between law and economic development.
A new year brings with it a variety legal innovations, including new technologies for preparing and filing pleadings, as well as alternative business structures that can increase efficiency and profitability. Taking advantage of these trends can create a new source of growth for a firm, but the key to success is a well-conceived strategy.
Several new laws went into effect at midnight to start 2024. New York State Governor Kathy Hochul signed 730 bills that impact residents statewide, including raising the minimum wage in New York City, Westchester and Long Island to $16 per hour, and expanding access to fentanyl overdose prevention supplies.
A new bill in Congress aims to reduce the risk of accidental drug overdoses by allowing local pharmacies to distribute fentanyl test kits. It is named after Matthew Horan, who died of an accidental fentanyl overdose in 2020. The bill also expands access to life-saving anti-overdose medication and seeks to address the underlying cause of addiction and overdose.