Three ways e-bundling technology can streamline business processes for lawyers
E-bundling technology can help lawyers work more efficiently and remain agile. Here’s how according to Bundledocs
According to recent research, small law firms lose approximately six hours of billable hours each day due to the volume of manual tasks. With emerging technologies to streamline operations and increased competition on the jobs market, it is crucial for firms to manage their time more efficiently to remain ahead of the curve. E-bundling technology is one actionable and efficient way that lawyers can remain agile and competitive in the digital age. From enhanced collaboration across markets, to improved accuracy, utilising e-bundling solutions can revolutionise your law firms’ processes. Here’s why you should get started now.
Enhanced collaboration and satisfaction
A recent legal technology survey from Wolters Kluwer stated that 91% of legal professionals believe that it is important to have “technology that enables lawyers to adapt quickly to change.” In the same survey, almost half of law firms ranked using technology to improve productivity and efficiency as a top need to improve collaboration and client requests. With e-bundling technology, you can easily send secure password protected documents to third parties for review. It also allows legal professionals to focus on other important tasks such as relationship building and strategy, ensuring more efficient billable hours for your clients.
E-bundling technology can also enhance employee satisfaction, facilitating remote working and flexible working hours. According to Ocho, a snapshot of the UK’s legal sector shows that the shift towards flexible working has been more positively received in the legal industry than in many others. Focusing on aspects such as work-life balance and employee well-being can increase employee satisfaction and collaboration, helping law firms retain talent in an ever-more competitive market and also benefitting their reputation in the legal sector and beyond.
Achieving legal automation
E-bundling solutions by design allow users more agility in their work —– a particularly useful asset when dealing with last-minute changes and updates to documents and bundles. Digital solutions help to streamline tasks like repagination, indexing and bookmarking to make the editing process more efficient. Utilising digital solutions can instead make these tasks more efficient and streamlined for legal professionals. Automation can improve access to client information, court records and documents, allowing legal professionals to make the research and document creation phases more efficient.
Digital solutions can also assist with manual admin tasks such as billing, reducing storage, printing and manual delivery costs. When legal firms automate time-consuming tasks such as these, resources can be redirected to improving the business, identifying areas for growth, and opportunities for scalability.
Improved security and accuracy
Cybersecurity is core to every business —– particularly as phishing and scam activities become more advanced. E-bundling technology is a great example of how legal professionals can utilise technology to securely share confidential information internally and externally. In addition to cybersecurity, another issue that continues to challenge law firms is human error. Research shows that “issues arising from human error are unlikely to be intentional nor malicious” but still have significant impacts on law firms. As many errors are due to lack of training and awareness, e-bundling technology offers law firms the opportunity to re-train employees, improve the standard of work and ensure compliancy is met at every level.
Manual and time-in–efficient tasks can impact lawyers’ abilities to remain responsive and strategic, potentially leading to an increased number of errors in their work. By embracing technologies that streamline workloads, firms can support their teams to perform more efficiently with greater accuracy for their clients. Using e-bundling technology can ensure court revisions are accurate, highlighting the importance of compliance in firms for employees.
Ensure your law firm continues to evolve
As legal professionals continue to navigate evolving technology in their sector, e-bundling solutions can support legal firms to streamline their operations, boosting employee and client satisfaction levels and reducing the occurrence of human errors. In addition to streamlining business processes, technology offers law firms and legal professionals vast opportunities to evolve their business practices, transforming the legal sector as a whole.
