In The Lawyer's Guide to Working Smarter with Knowledge Tools, Marc Lauritsen, President of Capstone Practice Systems (an Exari Document Automation Services Partner), outlines best practices for leveraging technology to maximize your "return on effort."
"Knowledge tool is not yet a common or standard term. I use it to refer to software with significant knowledge content that does something, that applies to or processes knowledge, beyond just storing or moving it."
In our last post, "How to Match Your Requirements to a Document Assembly System" we provide guidance for those who are still evaluating solutions. Lauritsen's book goes beyond the process of choosing software applications, delving deeper into the financial and functional benefits of technologies like work product retrieval, document assembly, and interactive checklists.
"My emphasis is on the aspects of legal work that can be systematized and the functional possibilities of knowledge systems - not the technical details."
Proper utilization of knowledge tools, according to Lauritsen, can help lawyers and other professionals, avoid "unnecessary motion" by reusing previous intellectual investments. "Usually the cost of recording, preserving, and retrieving knowledge is less than the cost of reacquiring it."
Lauritsen's goal is to find ways to get more done with less. One way to accomplish this is to reuse work and information, rather than redo. "What we're talking about here," he says, " is gaining an edge - getting a better return on effort."
Nikki Dever contributed to this post.