Which departments of a law firm are most easily automated with the help of legal tech?

Petro Krasnomovets
By Petro Krasnomovets,
15th September |
19

The transition to automation of routine tasks refers to the primary tasks of optimizing the work of a law firm. If we go into the specifics of the work of such an enterprise, it becomes obvious that it is easier to digitize some departments than the rest.

Let’s figure out which of them will be the most suitable for delegating their business tasks to automation services.

Why does the implementation of legal tech start with the automation of FinTech for a law firm?

Due to its features, the financial department of a law firm is almost the first link that they begin to automate. The reason is to work with numbers and the ability to build algorithms for the complete digitalization of work. All this allows you to automate financial processes more easily than the specific activities of a law firm. Therefore, FinTech and TaxTech are the first in a line of automation.

The use of automated FinTech solutions makes financial processes more transparent and accessible to businesses. Information technology in this area helps the company better cope with new challenges. The pandemic, economic instability, and other problems – all of this do not knock the employees of the financial department out of the rut as before.

Because FinTech automation gives the necessary flexibility to business processes, facilitates planning, and helps to make financial transactions uninterrupted.

Finance Automation Trends

The introduction of automation tools in the work of a law firm should primarily concern all financial transactions of the company and payment processes. Modernization of these two areas significantly reduces the burden on the company’s specialists. This helps to optimize the staff and ensures that most of the errors that appear during manual input are avoided. 

Using FinTech automation is worth creating a sustainable financial strategy. Flexible configuration of the work environment provides solutions that can work effectively when working remotely. For the accounting team, this also means increased productivity and the ability to easily control digitally. Also, the use of automated solutions helps to conduct audits much easier.

How does HR Tech automation affect the optimization of the work of the entire law firm?

Legal tech tools for the HR department present many opportunities that significantly improve team performance. Sometimes the standard length of the working day is not enough for the heads of departments, because there are a lot of tasks to perform, and there is little time. With the accumulation of unresolved tasks, business development is inhibited. Therefore, it is very important to automate the work of HR Tech first.

Business processes in HR, which are concerned with automation

Created for the needs of a particular company, IT solutions can effectively replace an HR specialist where possible. Most of the time of the work of such an expert is spent on solving the same type of tasks that need to be automated. This will allow the HR specialist to move on to more interesting tasks. For example, to train part of the staff for the remote format of work. 

Many companies continue to post job openings manually and store jobseeker data in a piecemeal manner. This creates a lot of problems for the HR department. The main disadvantage is the lack of a systematic approach to solving the issue of hiring and training personnel. Automation with the help of cloud platforms and special accounting systems allows you to combine all this data into a single database.

The HR department is one of the first elements of the company that should be automated. This will not only speed up and optimize the process of hiring and firing employees, but also ensure competent adaptation of newcomers. Onboarding with next-generation digital technologies reduces turnover in workplaces if a suitable solution has been developed for adaptation. BPM-system allows you to link and configure the tasks of training a new specialist. So the beginner immediately receives the necessary input data in an understandable visual form. 

Conclusion

It is worth implementing legal tech from those departments where automation makes it possible to cope primarily with routine and repetitive tasks. It is easiest to automate those processes that work with digital data, like FinTech, and data systematization tasks in the HR department.

For a law firm, the management of financial records, as well as the proper management of personnel, play an important role. Optimization of the departments that are responsible for this will free up valuable human resources for solving more interesting tasks in terms of the company’s development in the long term.