“Law firms must demonstrate and embrace efficiency, digital transformation, transparent budget communication, information security and provide tailored client reporting,” the company proclaimed.

With this in mind, the cloud-based software company has released new solutions that it says will help law firms attract new clients, win more work, and improve efficiencies.

“With digital innovation now a mandate, law firms are grappling with how to deliver practical initiatives that make a valuable impact for their clients,” said Lawcadia chief executive and founder Warwick Walsh.

Given the challenges being faced by law firms of all stripes, Lawcadia developed solutions that have a three-pronged approach: generate new business, collaborate securely with clients, and ensure client-focused solutions.

“Law firms can now build solutions using an intelligent workflow automation engine, showcasing and embedding their legal expertise, knowledge and intellectual property for selected practice areas,” the company said.

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On the second point, there is now a “new Client Collaboration Workspace allows law firms and their clients to share documents, matter updates, tasks, messages and even Gantt charts”, and on the third point, law firms can “offer tailored innovation packages to their clients that utilise highly configurable client intake forms, workflow automation, document automation and BI reporting”.

Mr Walsh said that such approaches “significantly expand” the functionality available for law firms and is made possible by Lawcadia Intelligence, the intelligent automation engine that the software-as-a-service innovator launched in October 2020.