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Top Technology Trends for Transactional Lawyers

LawTechnologyToday

Each trend has its roots in the now well-established field of litigation-support technology. Litigation technology was born out of a need to manage the high volume of potentially responsive documents because of the shift from paper to electronic documents and communication. Document Review Tools. Automation.

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How you can tighten the rein with CLM

Cenza

Irrespective of business type or work style, organizations that need to unlock value and provide superior customer experience have one place to investigate ‘ contract management. A bulk of litigation has been stemming from contract failure, and hence, contract management remains one of the biggest concerns facing global organizations today.

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Data Privacy Day Reflections – Compliance, Governance, Ethics (and AI)

Foley Hoag LLP

Far from being an academic concept, “data ethics” presents a model for data management with real practical implications for organizations. (I I should note that I am focused here on personal data.) It is a sensible, resource-sensitive model that helps ensure a diligent organization will not run afoul of current laws.

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Five Ways That Artificial Intelligence and Machine Learning Are Transforming Legal Practice

Cenza

This poses a very practical problem in the legal market where the amount of information that needs to be processed and managed, for both litigation and transactional matters, keeps growing at a similarly explosive rate. Quite simply, AI/ML technology is the best tool we have in our toolbox in order to stay afloat in the sea of data.

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Use Emerging Technology to Advance Strategic Imperatives

InHouseOps

This is a new offering that can be ideal for lawyers handling the same type of matters repeatedly, like employment disputes or M&A due diligence. When an organization is set up for use of pre-built NLP AI models, it can get through the basic due diligence much faster, leaving more time to focus on higher value input.