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4 Disruptive technologies in the insurance industry

In today’s cutthroat insurance industry, US insurers are constantly on the lookout for technologies that can help them improve their efficiency, keep up with changing demands, and gain a competitive edge. To guide you in your search, here are four fields of IT that you should focus on:
1. Predictive analytics
Predictive analytics involves gathering, mining, and analyzing historical data to forecast possible future outcomes.

What law firms need to know about HIPAA

Does your law firm deal with medical records and other protected health information (PHI)? If it does, then you may be subject to the Health Insurance Portability and Accountability Act of 1996 (HIPAA).

The cost of noncompliance with HIPAA can be steep — Advocate Health Care Network paid a violation settlement of $5.5 million! Therefore, it’s wise to understand how this federal law affects your practice.

Why your law firm should consider legal process outsourcing

Ours is a world of increasing specialization. The market has shifted towards providers who focus their efforts and resources toward a narrower area of expertise in order to deliver a higher level of excellence. These choose to cultivate a smaller but devoted clientele rather than provide a one-size-fits all offering that suits a wide array of clients but is otherwise undistinguished.

Legal practice trends to look out for in 2021

The past year has been full of drastic upheavals, both for the legal profession and for society at large. As people struggle to adjust to the new routines and lifestyle changes mandated by the COVID-19 pandemic, including long lockdown periods and restrictions on mobility, businesses of all stripes have raced to adapt their operational models to the new status quo.

8 Simple tips to run a more efficient law firm in 2021

2021 is here, and so we once again hope to wipe the slate clean and start anew. 2020 may have been full of unexpected setbacks, and in some cases, extraordinary difficulties. Both individuals and organizations have had to make some radical changes in the way they do things in response to the changes in the status quo brought about by the COVID-19 pandemic.

5 Signs you should Outsource Record Retrieval

As the adage goes, time is money. This holds more true for businesses than for almost anything else, with their ultimate objective being to generate income. Even activities that incur costs are expected to result in even larger returns at some point down the line.