Modern Law Magazine Issue 69
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HOW TO<br />
EXTRACT<br />
FULL VALUE<br />
FROM YOUR<br />
LEGAL TECH<br />
Technology has a big role to play in unlocking efficiencies for law firms,<br />
and there are any number of options on the market. But how can firms<br />
maximise the impact these innovations offer?<br />
The best way is to bring together disparate systems onto a single<br />
platform, enabling streamlined operations, efficiency gains, and a<br />
better experience for your clients. From practice management to<br />
conveyancing, due diligence, company formations, legal accounting,<br />
and document management, the law firms who can access all these<br />
tools seamlessly from a single place will give themselves a distinct<br />
competitive advantage.<br />
Imagine having access to all the legal technology tools you need in one<br />
location. This level of integration eliminates the time-consuming task of<br />
navigating through multiple applications with different credentials and<br />
managing several suppliers.<br />
The impact? Removing administrative bottlenecks and reclaiming<br />
precious fee-earning time.<br />
Plus, integrated financial reporting allows firms to gain valuable insights<br />
into their financial performance, enabling better decision-making and<br />
strategic planning, while built-in calendaring, task management, and<br />
time tracking maximise every minute of a fee-earner's time.<br />
Client Onboarding<br />
Start your client’s journey with a great onboarding experience and easy<br />
ID verification while ensuring compliance. Complete essential KYC and<br />
AML checks with advanced technology, and quickly deliver client care<br />
packs, from an easy-to-use and secure digital environment. Your first<br />
step is done but there’s no need to switch to a different solution for your<br />
next one.<br />
End-to-End Conveyancing Workflow and Data<br />
For conveyancers, a consolidated technology platform can make a<br />
big difference to their bottom line. For example, accessing legal forms<br />
for each case as part of a standardised workflow, which integrates<br />
search orders, will ensure that every aspect of the transaction is quickly<br />
and reliably delivered, creating valuable time savings and improved<br />
accuracy. There’s also the added benefit of facilitating seamless<br />
communication with clients, estate agents, and other parties involved<br />
in each transaction, leading to more streamlined or transparent<br />
communications, faster completions and happier clients.<br />
Confident Decision-Making with Due Diligence Reports<br />
In both property and corporate transactions, due diligence is paramount.<br />
<strong>Law</strong> firms (and their clients) need access to reliable information to<br />
make informed decisions. A consolidated technology platform provides<br />
seamless access to comprehensive due diligence reports that cover all<br />
aspects of a transaction, enabling law firms to provide their best advice<br />
as efficiently as possible.<br />
Efficient Document Management and Storage<br />
Document management and storage are essential for maintaining<br />
accurate records and ensuring compliance. A consolidated technology<br />
platform offers a centralised repository for all documents, making it<br />
easier to manage, search, and retrieve critical information, all from the<br />
same place.<br />
Dye & Durham’s Unity® Global Platform delivers all these benefits and<br />
more to law firms looking to make their operations more efficient, free<br />
up more fee-earning time, and grow their practices.<br />
Visit https://dyedurham.co.uk/unity-global-platform/to learn more<br />
or contact our team for an introductory discussion at<br />
salesteamuk@dyedurham.com<br />
Everything in one place<br />
Dye & Durham’s new Unity® Global Platform is a next-generation<br />
solution that introduces an array of new applications and features—all<br />
accessible under a single, user-friendly login. Think of Unity® Global<br />
Platform as your single destination for everything you need to run a<br />
thriving legal practice, including:<br />
Practice Management and Legal Accounting<br />
Effective practice management and legal accounting is the backbone<br />
of any successful law firm. But many firms still rely on an array of<br />
disconnected systems, causing inefficiencies and delays when systems<br />
don’t communicate with one another. In our view, the future demands<br />
a comprehensive practice management solution that consolidates all<br />
essential tools and services onto one platform.<br />
David Nash,<br />
Chief Product Officer, Dye & Durham<br />
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