Featured image via Wiggersventurebeat. This article discusses innovations in the legal field, and the future of work.
Time By Ping
Among the many time capture solutions out there, Time By Ping is worth considering. Its time tracking and billing software boasts several cool features, most notably a full day’s worth of work in a single screen. In addition, its user friendly interface lets you browse activities, fill in the gaps and recall a day’s worth of work with one click. Its AI driven software is the product of choice for many large firms, namely those in the legal sector. To date, the company has 65 employees, with plans to scale up to accommodate more in the future.
A recent survey by ExpressVPN revealed that 59% of remote workers feel more stress in the workplace as a result of their employer’s surveillance tactics. In honor of this, Time By Ping has rolled out a series of best practices and training sessions designed to help managers understand how to keep their staff productive. In addition, it has also rolled out a number of new features to its existing platform to keep its users happy.
The future of work
During Eightfold’s Cultivate ’22 Talent Summit, attendees were given the opportunity to hear presentations and interviews on the future of work. They also explored how to use new technologies to drive greater dynamism in the labor market.
One of the main drivers of change in the work world is the increasing number of careers. The average person changes jobs 12 times in their lifetime.
Another catalyst for change is the growing demand for work. This will be fueled by increased investment in infrastructure and technology development.
The future of work will favor autonomy and independence. Workers will look for employers that invest in their development and growth. This is especially important in rural areas with high levels of job insecurity.
The future of work is also being shaped by virtual technologies. These technologies are enabling the emergence of a metaverse, or an alternate world, where virtual immersion creates new ways of collaborating, communicating, and working. Those involved in this new work environment will be able to leverage powerful AI.
Innovations in the legal field
Several startups and established law firms are looking to automate and streamline legal processes. These innovations in the legal field can improve legal operations and strategies while also freeing attorneys’ time.
One of the most common types of legal technology is AI. AI can help streamline processes and eliminate repetitive tasks. This includes reviewing contracts more quickly, performing contract analysis, and guiding attorneys through unfamiliar tasks.
AI can also help corporate legal departments control resources. Some companies are using AI to plan litigation strategies. They are also utilizing it to make predictions about the outcomes of pending cases. In addition, some law schools are developing courses on artificial intelligence.
Another legal technology trend involves the use of APIs. These are codes that enable developers to easily unlock specific details in documents. Using APIs can help legal departments find the answers to their legal questions. It can also help legal staff get assignments.
A new wave of startups is leveraging advances in NLP to help transform legal research. One example is ROSS Intelligence. The company is developing an artificial intelligence system to assist attorneys with legal research.