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Showing posts with the label Technology

LegalTech Law-as-a-Service (LaaS)

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  Acknowledgements Agile/Scrum Open-Source Cloud Service 3rd Party Tools Webinars  Portals Repositories EdTech LA = Legal Analytics Global Legal Market SWOT Analysis   (The Business Research) Entities: offices of lawyers, title abstract and settlement offices and offices of notaries Legal professionals: solicitors, barristers and lawyers Value $767.1 billion in 2021 CAGR of 5.4% since 2015 CAGR of 6.5% to $986.7 billion by 2023 Asian Industry Demand (40% of companies in the Fortune 500):  automobile, technology, oil and gas and e-commerce Emergence Of Alternative Legal Service Providers (ALSPs) linked to LA Market high-demand legal services such as document review, contract management, litigation support, electronic discovery, contract lawyers and staffing, legal research, and IP management  (from $10.7 billion in 2017 to $55 billion by 2025),  Big Four accounting firms – Deloitte, EY, KPMG, and PwC Legal Analytics (LA) Driven Digitalization (LexisNexis Surveys) 70% cost re

How to Build a MarTech Stack from Scratch

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The Marketing Process A martech stack is the amalgamation of the following marketing tools and platforms:  Content management Marketing automation Customer relationship management (CRM) Web Analytics Digital advertising And much more. Prerequisites: Google Analytics with Tag Manager [1,2], Hubspot's free CRM platfrom [3], e-commerce platfrom Shopify [4], and the Wordpress website builder with SEO premium features [5] . DAM Metrics  Here are 5 different key performance indicators (KPIs) for measuring user adoption  for Digital Asset Management (DAM) success  [6]:  Number of Downloads Number of Uploads Login Frequency Asset Requests Web Traffic Customer Lifetime Value Customer lifetime value (CLV) is  the total worth to a business of a customer over the whole period of their relationship . It's an important metric as it costs less to keep existing customers than it does to acquire new ones, so increasing the value of your existing customers is a great way to drive growth [7].  C