
Industry Conversations: Legal Trends in Digitization and Knowledge Management
CoreMatter believes in the importance of devoting time and effort to bringing people together to discuss ideas and ignite conversations that help develop an educated regional legal sector.
This is what the ALPMA 5th Regional Law Firm Management Forum in Mandarin Oriental, Singapore, and our iManage and CoreMatter Solutions Day 2022 in Le Méridien, Jakarta set out to accomplish by bringing together the industry’s most daring thinkers, leaders, and cutting-edge creative talents for an open discussion on the issues that matter to us all.
Steered by legal industry visionaries versed in law, policies, law firm leadership, and legal talent management, along with current affairs, these conversations enable people to learn how to move forward in life and their practice areas in the most competent possible manner.
With a focus on digitizing law firm management, improving workflow, knowledge management, and enhancing firm management capabilities, the delegates enjoyed sessions packed with extensive interviews, thought-proving panels, and networking.
The conversation began with the topic of global change and disruption over the past few years, with one thing remaining constant – the fundamental management disciplines required for success. The panel of guest speakers explored the impact of the changing legal landscape on lawyers and their clients – and shared how firms can adapt and take advantage of their new economic and technological realities.
Real-life examples then guided the conversations as leaders from the Southeast Asian region shared their insights and achievements on their law companies’ digitalization journeys. Many people determined that the advantages exceeded the disadvantages since legal technology improved processes and boosted efficiency, saving time and money. Consequently, everything from client onboarding to case management to legal accounting has been more straightforward.
Leading legal firms understood that digitization enables data collecting by streamlining operations and increasing the bottom line. Leaders and delegates gained insights into how the newly acquired data helped identify the firm’s strengths and shortcomings, allowing companies to make decisions that gave the most benefits or generated the most logical solution.
Subsequently, knowledge management has become essential because the pandemic changed how we work, with staff working from home to their office. The best solution moving forward is implementing technologies that make Knowledge Management uncomplicated. Law firms that apply Knowledge Management technologies can better navigate data’s constant, overwhelming output. As a result, these law firms empower their legal team to serve clients better because accessing data and insights becomes an added capability.
Legal technologies that help law firms with Legal Practice Management, Accounting and Billing, and Knowledge Management provide the competitive edge that all legal firms in the Southeast Asian region need. Being industry leaders with 26 years of experience, CoreMatter and iManage offered these solutions that help the legal industry today.
The hosts led these insightful conversations well into an excellent round-up session of fun, featuring the best food and a mingling session. Delegates met like-minded peers and built connections with some of the most exciting players in the region’s conversation. At the end of the events, delegates left, revitalized to serve their communities and cities.
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