This century has seen automation herald a new dawn in almost every industry I can think of. What is astonishing that even law firms have felt the wave, and for good. Yes, legal, compliance and law procedure related robotic process automation use cases are actually a thing.
The technology is actually freeing up attorneys from donkey loads of data to prioritize tasks that need more of their attention and discretion. This helps them spur a culture that promotes strategic thinking among the in-house attorneys.
But, as a law firm, that has always been more of a traditional kind, heavily relying on reams of hard copies of records, how ready are you to introduce RPA into your organization? Well, it’s just a little step forward if you find answers to the right questions.
Reduction in Processing Time
eDiscovery: It is in fact one of the core areas in legal management that can benefit from hiring RPA companies since data management is one of the biggest challenges for firms and attorneys, who have to deal with volumes of data. RPA not only makes ediscovery easy and efficient but also saves the clerks from the repetitive mundane work, leaving them more available for more of discretionary work.
Risk Assessment: RPA bots can be deployed to fill out risk assessment forms like anti-money laundering (AML) and Counter-Terrorist Financing (CTF). your can rely on them for structuring client-related product and service data input, reun reports and verify completeness of information.
How to Introduce RPA into your Law Firm?
Remember; the premise that you will play upon before you initiate anything that has to do with RPA is that your organization needs digitization; that there are mounds of data and processes that can do better with automation.
In other words, there needs to be a proper robotic process automation use case. Only that will ensure that by automating processes that are rule-driven, repetitive, and data intensive, you have better and faster performance.
The fact that you won’t need to change the legacy systems and just ask and RPA expert to add it on to your existing systems, makes it even more plausible. Experienced robotic process automation companies can help you a great deal there.
So, even to make a use case, there are two factors you will have to look into—cost and process selection.
Will it cost you a fortune to incorporate RPA into your law firm? Well, no, since you are not setting up an in-house team. Robotic process automation vendors offer RPA as a service. So, all you need to pay is a monthly fee (which is affordable for law firms) and some time for training your resources for using RPA. So, you need to shortlist competent vendors, compare the cost and hire one.
As an organization that has been more so manual till now, one of your basic and important tasks will be to select which processes need to be automated through bots. There will surely be automated eDiscovery, form filling, eFiling and many more processes which you may want to automate. However, RPA companies may help you with automated process discovery to map out the way employees of your law form work. This will further help you select the processes you want to automate.
To know more about how you can get your law firm started with RPA, talk to one of our experts today.