{"id":44353,"date":"2020-10-26T02:44:00","date_gmt":"2020-10-26T06:44:00","guid":{"rendered":"http:\/\/blog.cybercon1.com\/?p=44353"},"modified":"2020-10-26T02:44:00","modified_gmt":"2020-10-26T06:44:00","slug":"rpa-untapped-potential-for-law-firms","status":"publish","type":"post","link":"https:\/\/blog.cyberconservices.com\/index.php\/2020\/10\/26\/rpa-untapped-potential-for-law-firms\/","title":{"rendered":"RPA: Untapped Potential For Law Firms"},"content":{"rendered":"\n

Robotic process automation (RPA<\/strong>) is one of those rare technologies that has the potential to impact every aspect of a business by automating repetitive and manual tasks that exist in every industry. RPA<\/strong> is especially suitable for law firms because of the many rote and volume-driven tasks that legal teams must perform on a daily basis as part of their compliance and due diligence obligations.\u00a0According to<\/a>\u00a0HFS Research, many services-based industries within the BFSI space have been at the forefront of adopting RPA; however, many law firms have barely scratched the surface in exploiting the potential of RPA<\/strong>.<\/p>\n\n\n\n

\"\"<\/figure><\/div>\n\n\n\n

Law firms can benefit from automating certain front-office and back-office tasks \u2014 from processing case inquiries and forms to searching for documents to organizing files \u2014 enabling attorneys and legal assistants to focus on white-glove services for their clients. Examples of how law firms have leveraged RPA<\/strong> include classification, extraction and processing of structured and unstructured data from legal documents, as well as contextual searching of information across data sources. Imagine a bot that creates indexable PDFs of all documents related to a case \u2014 a potential game-changer for use in litigation and in presenting documents to opposing counsel.<\/p>\n\n\n\n

Automation technology can provide broad opportunities for law firms to streamline their processes, reduce costs and free up more time for their legal teams. Process automation is just the first step. Machine learning, AI and predictive analytics can play an important role in marketing efforts and client assessment scoring. For example, these tools may be used at the client intake stage \u2014 instead of manually searching records and performing background checks, RPA <\/strong>could gather and collect the relevant information and run data through a machine learning algorithm to help score and standardize risk assessment, allowing a law firm to predict its labor costs in a case and the financial risk associated with representing a prospective client. Read On:<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"

Robotic process automation (RPA) is one of those rare technologies that has the potential to impact every aspect of a business by automating repetitive and manual tasks that exist in every industry. RPA is especially suitable for law firms because …<\/span> Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[703,674,628],"tags":[702,675,629],"class_list":["post-44353","post","type-post","status-publish","format-standard","hentry","category-legal","category-robotic-process-automation-processs-automation","category-rpa","tag-legal","tag-robotic-process-automation","tag-rpa"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack-related-posts":[{"id":44573,"url":"https:\/\/blog.cyberconservices.com\/index.php\/2021\/03\/08\/get-started-with-robotic-process-automation\/","url_meta":{"origin":44353,"position":0},"title":"Get started with robotic process automation","author":"Rick Backus","date":"March 8, 2021","format":false,"excerpt":"RPA is the tool I use for automating AP invoice entry to reduce manual keying of data. Accounting firms are using up-and-coming technologies with the potential to change the business landscape forever. One technology gaining interest is robotic process automation (RPA), a tool that computerizes\u00a0mundane, repetitive tasks\u00a0and completes them far\u2026","rel":"","context":"In "Robotic Process Automation"","block_context":{"text":"Robotic Process Automation","link":"https:\/\/blog.cyberconservices.com\/index.php\/category\/robotic-process-automation-processs-automation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/cdn.pixabay.com\/photo\/2014\/10\/16\/20\/08\/income-tax-491626__340.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/cdn.pixabay.com\/photo\/2014\/10\/16\/20\/08\/income-tax-491626__340.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/cdn.pixabay.com\/photo\/2014\/10\/16\/20\/08\/income-tax-491626__340.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":34427,"url":"https:\/\/blog.cyberconservices.com\/index.php\/2020\/07\/16\/rpa-is-ready-for-its-close-up\/","url_meta":{"origin":44353,"position":1},"title":"RPA is ready for its close-up","author":"Rick Backus","date":"July 16, 2020","format":false,"excerpt":"By\u00a0Antoinette Alexander - Three little letters are proving they can deliver accounting firms big benefits in the quest for greater process automation. Enter RPA. Robotic process automation, more commonly known as RPA, involves programming software to automate manual processes across applications. The goal: to reduce the burden of repetitive, simple\u2026","rel":"","context":"In "RPA"","block_context":{"text":"RPA","link":"https:\/\/blog.cyberconservices.com\/index.php\/category\/rpa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/cdn.pixabay.com\/photo\/2016\/06\/01\/02\/56\/ledger-1428230__340.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":46078,"url":"https:\/\/blog.cyberconservices.com\/index.php\/2021\/04\/09\/how-to-harness-the-power-of-robotic-process-automation\/","url_meta":{"origin":44353,"position":2},"title":"How to harness the power of robotic process automation","author":"Rick Backus","date":"April 9, 2021","format":false,"excerpt":"By revolutionising business processes and workflows, robotic process automation (RPA) offers a multitude of benefits. Sascha Cutura, the chief executive officer of transformation specialist\u00a0convedo, walks through the nine steps to harness its power.\u00a0 The world today is changing rapidly in ways that no-one could have imagined at the beginning of\u2026","rel":"","context":"In "Robotic Process Automation"","block_context":{"text":"Robotic Process Automation","link":"https:\/\/blog.cyberconservices.com\/index.php\/category\/robotic-process-automation-processs-automation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/cdn.pixabay.com\/photo\/2017\/05\/04\/16\/37\/meeting-2284501__340.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/cdn.pixabay.com\/photo\/2017\/05\/04\/16\/37\/meeting-2284501__340.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/cdn.pixabay.com\/photo\/2017\/05\/04\/16\/37\/meeting-2284501__340.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":59754,"url":"https:\/\/blog.cyberconservices.com\/index.php\/2022\/10\/25\/what-is-robotic-process-automation-and-how-can-it-save-you-time\/","url_meta":{"origin":44353,"position":3},"title":"What Is Robotic Process Automation and How Can It Save You Time?","author":"Rick Backus","date":"October 25, 2022","format":false,"excerpt":"Several misconceptions exist about RPA, as many people don't know what Robotic Process Automation is and how it is used within a business environment. Firstly, in the context of automation, what is a robot? In simple terms, a robot is a machine capable of automatically carrying out complex tasks. Even\u2026","rel":"","context":"In "Robotic Process Automation"","block_context":{"text":"Robotic Process Automation","link":"https:\/\/blog.cyberconservices.com\/index.php\/category\/robotic-process-automation-processs-automation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34396,"url":"https:\/\/blog.cyberconservices.com\/index.php\/2020\/06\/29\/robotic-process-automation-rpa-for-beginners-8-key-concepts\/","url_meta":{"origin":44353,"position":4},"title":"Robotic Process Automation (RPA) for beginners: 8 key concepts","author":"Rick Backus","date":"June 29, 2020","format":false,"excerpt":"If you have mundane (or not so), repetitive tasks in your organization with steps that are definitive and rules-based? Then you just might be a candidate for RPA. By\u00a0Stephanie Overby\u00a0 - This year, the\u00a0Robotic Process Automation (RPA)\u00a0market is predicted to hit $2.5 billion, having grown at a compound annual growth\u2026","rel":"","context":"In "RPA"","block_context":{"text":"RPA","link":"https:\/\/blog.cyberconservices.com\/index.php\/category\/rpa\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/cdn.pixabay.com\/photo\/2017\/08\/30\/17\/26\/success-2697951__340.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/cdn.pixabay.com\/photo\/2017\/08\/30\/17\/26\/success-2697951__340.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/cdn.pixabay.com\/photo\/2017\/08\/30\/17\/26\/success-2697951__340.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/cdn.pixabay.com\/photo\/2017\/08\/30\/17\/26\/success-2697951__340.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":76767,"url":"https:\/\/blog.cyberconservices.com\/index.php\/2023\/06\/19\/from-rpa-to-rpaaas-the-evolution-of-robotic-process-automation-citylife\/","url_meta":{"origin":44353,"position":5},"title":"From RPA to RPAaaS: The Evolution of Robotic Process Automation – CityLife","author":"Rick Backus","date":"June 19, 2023","format":false,"excerpt":"Robotic Process Automation (RPA) has been a game-changer for businesses across various industries, enabling them to automate repetitive tasks and streamline their operations. Over the years, RPA has evolved from a simple automation tool to a more sophisticated technology, capable of handling complex processes and integrating with other advanced technologies\u2026","rel":"","context":"In "AI"","block_context":{"text":"AI","link":"https:\/\/blog.cyberconservices.com\/index.php\/category\/ai\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/blog.cyberconservices.com\/wp-content\/uploads\/2023\/06\/Service_1687108497-1.jpg?fit=1200%2C960&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/blog.cyberconservices.com\/wp-content\/uploads\/2023\/06\/Service_1687108497-1.jpg?fit=1200%2C960&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/blog.cyberconservices.com\/wp-content\/uploads\/2023\/06\/Service_1687108497-1.jpg?fit=1200%2C960&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/blog.cyberconservices.com\/wp-content\/uploads\/2023\/06\/Service_1687108497-1.jpg?fit=1200%2C960&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/blog.cyberconservices.com\/wp-content\/uploads\/2023\/06\/Service_1687108497-1.jpg?fit=1200%2C960&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/posts\/44353","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/comments?post=44353"}],"version-history":[{"count":0,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/posts\/44353\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/media?parent=44353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/categories?post=44353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.cyberconservices.com\/index.php\/wp-json\/wp\/v2\/tags?post=44353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}