inszoom - technology innovation in legal industry
TRANSCRIPT
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Technology Innovation in Legal Industry
Presented by Vishwas Mudagal, VP – Products & MarketingAnuj Sarin, Director – Best Practices
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2AGENDA
Why Technology – For Legal Industry?
Latest Trends And Innovations
INSZoom – Innovator in Immigration Space
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3Legal Industry –A slow adopter of technology?
A lot has happened over the last few years…
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4Stats - Number of US Attorneys using
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Why Technology?
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Document intensive workflow.
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Automationproductivity. reliability.
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Compliancechanging regulations.
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Mobileanywhere. anytime.
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Globalbusiness. workforce.
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Conveniencesales. billing. support.
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Affordablecloud. competition.
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Integrationdata. api. apps.
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EthicsABA Model Rules - Requires lawyers to “keep abreast of
changes in the law and its practice, including the benefits and risks associated with relevant technology” in order to
competently serve their clients.
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Source: ALM Legal Intelligence special survey
Anywhere, anytime access to email
More efficient use of my time
Anywhere, anytime access to work-related documents
Improved collaboration with colleagues
It has enabled me to solve problems in new and/or better ways
Other
90%
41%
36%
9%
4%
3%
What are the biggest benefits you have realized from using your Smartphone or tablet?
Invasion of Smartphones And Tablets
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Source: ALM Legal Intelligence special survey
EmailBusiness development (researching prospective
clients/firms, social networking sites, etc.)
Research
Document review during discovery
Project management
Legal writing
Court presentation
Billing
Case preparation
Collaborating with colleagues via social networking sites
Collaborating with colleagues via other method
Collaborating with colleagues via videoconferencing
Other
91%
14%
13%
8%
7%
6%
6%
6%
5%
4%
4%
3%
13%
In terms of work productivity, which activity- if any – has been improved most by using your Smartphone or Tablet?
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Source: ALM Legal Intelligence special survey
Better apps
An easier way to find useful apps
Better devices
Less restrictive rules in court
Better support/guidance by my employer
Less constraining rules/policies by my employer
Fewer restrictions stipulated by clients
Other
68%
53%
49%
21%
15%
6%
1%
9%
What would help you make better work-related use of your Smartphone or tablet device?
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Hottest Trends And Innovations
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E-Discovery
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E-Discovery is the term used for the initial phase of litigation where the parties in a dispute are required to provide each other relevant information and records, along with all other evidence related to the case.
E-Discovery
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Cloud Computing
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22Cloud Computing Cloud computing is the use of computing resources (hardware and software) that are delivered as a service over a network, typically the Internet.
How lawyers use cloud computing?
Law practice management
Document management and collaboration
Time and billing
Accounting
Electronic discover
Virtual lawyering
Back-up and storage
Project Management
Office Suites (email, calendar, documents)
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Mobile
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24Mobile Tech and Apps
Smart Phone and Tablets will become ubiquitous.
Generic apps for legal space on app stores push innovation further.
Most Used Mobile Features -
Project Management
Legal Writing
Court Presentation
E-Billing
Case Preparation
Social Networking
Time Tracking
Collaborations
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25Dial A Judge?
Mobile Technology In CourtsOh, and did we mention that there are services that
enable court appearances by phone / video for attorneys and clients alike?
Yes, it’s true!
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Case Management Tools
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Case management refers to a subset of law practice management and cover a range of approaches and technologies used by law firms and courts to leverage knowledge and methodologies for managing the life cycle of a case or matter more effectively
Case Management Tools
Organized Data
Data Integration
Automation
Reduces Time Wastage
Improves Productivity
Centralized Data Storage
Remove Data Redundancy
Transparency
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Security Solutions
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With highly sensitive information in their networks, law firms are a major target of cyber attacks against their networks, applications and websites. These attacks lead to IT security breaches that can damage a firm's reputation and expose it to lawsuits, as well as losses due to system downtime.
Security Solutions
Security –
Cornerstone of Legal Technology!
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Social Networking
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Global Outreach
Opportunity to strengthen existing relationships
Reach Potential Clients
Promotion and Brand Positioning
Awareness
Enterprise Social Network – Hot!
Social Networking
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Collaborative Tools
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Collaborative software is an application software designed to help people involved in a common task achieve goals.
Effective team collaboration
Transform the way documents and rich media are shared
Collaborative Tools
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E-Billing
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Big Data
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Virtual Law Firms
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Outsourcing
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Alternate Delivery Models
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INSZoom.com – Innovator in Immigration Space
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40Innovations
Web Based Case Management System - 2000 Multiple Portals for access to various stakeholders - 2000 Priority Dates Calculator - 2002 Prospect Module - 2003 Vendor Module - 2004 Credit Card Processing - 2004 E-Tracking of applications filed with government authorities -
2005 HRMS Integration - 2005 E-Filing of forms by integrating the product with multiple
government websites - 2006 Integration with FedEx - 2006 Synchronization with Outlook - 2006 Quickbook Synchronization - 2006 Single Sign-on - 2007 Workflow based Case Management System - 2009 Eligibility Criteria to increase compliance - 2009 Compliance Modules (LCA, Advanced LCA, Visa Check, etc) - 2010
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41Technology Bridging the Gap
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42Setting themselves apart
Cognizant 9281Tata 7469Infosys 5600Wipro 4304Accenture 4037HCL America 2070Mahindra Group 1963IBM 1846Larsen and Tourbo 1832Deloitte 1668Microsoft 1497Patni Americas 1260Syntel 1161
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43THANK YOU
Vishwas MudagalVP – Products & [email protected]
Anuj SarinDirector – Best [email protected]
INSZoom.com, Inc.
QUESTIONS AND ANSWERS