LawSites

MAY 16, 2023

As vice president, Data and Operational Excellence, at Wolters Kluwer, Abhishek Mittal is responsible for driving business transformation and new product innovation by embedding data-driven decision making in core operational processes. Nota , the online business banking platform designed specifically for solo and small law firms.

Data Management 76

Data Management Technology Law Firm Law Firms 76

Cenza

JULY 1, 2021

As the world is increasingly adopting technology, legal service delivery is changing its service models, delivery programs, and business structures in order to adapt to new demands. Suppose we deep-dive into the post-execution contract management tools. While AIs enhance visibility, they cannot perform on their own.

Contract 98

Contract Technology eDiscovery Lawyer 98

LawSites

MAY 10, 2023

Two months after raising $26 million in Series A funding, SpotDraft , a cloud-based contract lifecycle management platform for in-house legal teams, is today launching a deep integration with Microsoft Word that it says will simplify the contract drafting and review process for businesses of all sizes.

Drafting 96

Drafting Contract Legal Documents Legal 96

LawSites

JULY 6, 2021

The international investment banking company BNY Mellon has won a global award for innovation in contracting as a result of its work with the AI-powered contract lifecycle management company Evisort. The AI is going to help us identify what kind of terms they are interested in or likely want to see in a contract.

Contract 98

Contract Drafting Technology 98

Cenza

AUGUST 18, 2021

AI-powered tools have been making an impact in every sphere of Contract Lifecycle Management (CLM), including redlining, remarkable support for legal professionals in seamlessly navigating through various phases of a contract, and ensuring adherence to defined terms and clauses. AI tools are not born ready. Wondering why?

Contract 93

Contract Lawyer Lawyers Legal 93

LawSites

JANUARY 26, 2024

Proof Raises $30M Series B Proof Technology , whose platform facilitates on-demand service of process and electronic filing, has closed a $30.4 More than 5,000 law firms and government agencies currently use its platform to deliver or e-file close to 20,000 documents each month, the company says. million Series B funding round.

Finance 63

Finance Legal Legal Law Firm 63

LawSites

AUGUST 16, 2023

One of the challenges of using artificial intelligence software for contract review is training the AI to conform to a company’s unique preferences regarding clauses and key terms. “That is why relying on pre-trained, generic AI models alone simply does not get the job done.” Several ways, says Wishart.

Contract 75

Contract Legal Legal Drafting 75

Cenza

SEPTEMBER 21, 2023

The acquisition will strengthen KLDiscovery’s Managed Document Review and enhance the Company’s contract lifecycle management offering. Christopher Weiler, CEO of KLDiscovery, welcomes Aditya Mirza, CEO of Cenza, into the KLDiscovery family. KLDiscovery Inc. (“KLD”),

Document Review 105

Document Review Technology eDiscovery Legal Technology Solution 105

LawSites

MAY 11, 2023

For legal teams, Tonkean says, processes are everything, particularly around legal intake, triage andn coordination. ” To achieve this, LegalWorks comes with two GPT-powered tools developed by Tonkean: AI Front Door , an AI-powered intake tool accessible to employees via email, Slack, Teams, or a customized web portal.

Technology 56

Technology Legal Legal 56

LawSites

APRIL 10, 2024

In business development, when firms want to demonstrate their experience with particular types of deals or in particular jurisdictions. “Our goal at Litera is to leverage AI across all of our products in a practical way that enhances the user experience.” The AI then goes through and extracts the key deal points.

Law Firm 59

Law Firm Law Firms Contract Real Estate 59

Cenza

JUNE 16, 2021

Legal AI and ML platforms will perform fully automated contract review and extraction, or many will have you believe so that the human contract review process will be a thing of the past. This is true for AI-based platforms too. Here’s why AI and ML can never outdo human intervention: Quality Control.

Contract 98

Contract Lawyer Lawyers Contract Law 98

LawSites

AUGUST 18, 2023

Last May, I reported here on the emergence out of its stealth development phase of The Contract Network , whose goal is to “radically accelerate the time for contract negotiations” by providing an AI-powered collaboration platform that can be used by all parties to a transaction to more quickly “get to the point” in their negotiations.

Contract 52

Contract Legal Legal Drafting 52

Cenza

AUGUST 11, 2021

With a phenomenal upward trend over the last decade, the contract management industry has evolved into a critical business-shaping legal function. Global enterprises needed to craft new contract structures to match the rapid and dynamic nature of the businesses. CAGR, reaching USD 6.5

Contract 95

Contract Metadata Technology Legal 95

LawTechnologyToday

DECEMBER 16, 2020

One of the most exciting aspects of legal tech is the acceleration of innovation, driven by cloud and development platforms. The legal industry has seen game-changing applications built and delivered on top of existing SaaS platforms, often more quickly and at a fraction of the cost that would have been required to build from scratch.

Project Management 108

Project Management eDiscovery Technology Legal 108

The Process Street

JUNE 9, 2023

So, what did you think of the AI-generated title that made you click on this post? Yes, I know it’s a gimmick, but AI is everywhere these days. It’s impossible to ignore the conversations, the AI tool testing, and, most horrifyingly, the ethics. Don’t worry, this isn’t a post about AI ethics. They wanted AI to fix them.

Small Business 98

Small Business Sports Technology 98

LawSites

MARCH 23, 2023

Evisort says that key highlights of this next-generation AI contract processing include: Overcoming common OCR challenges, such as deciphering handwriting, blurry text, tables, headers, footers and watermarks. Read about Storybuilder by Everlaw on the LawNext Legal Technology Directory. Read more from Everlaw.

Everlaw 96

Everlaw Legal Technology Solution eDiscovery Contract 96

The Process Street

NOVEMBER 1, 2023

While it might seem new and intimidating, machine learning in business is already bringing massive benefits to companies and consumers alike. Although some use the terms interchangeably, “AI” and “machine learning” aren’t the same thing. What is machine learning?

Healthcare 80

Healthcare Technology Small Business 80

LawSites

MAY 15, 2023

A new company coming out of stealth today, The Contract Network , aims to “radically accelerate the time for contract negotiations” by providing an AI-powered collaboration platform that can be used by all parties to a transaction to more quickly “get to the point” in their negotiations.

Contract 67

Contract Legal Legal Drafting 67

LawSites

JULY 21, 2021

With his contract-management company having just raised $40 million in Series B funding, Linksquares cofounder and CEO Vishal Sunak is aiming for some big goals, including “to build legal tech solutions that simply weren’t possible before.”. In announcing the raise, which brings the company’s total funding to $61.4

Contract 98

Contract Legal Documents Technology Legal 98

CARET Legal

FEBRUARY 23, 2024

AI is expected to automate nearly half of legal tasks in the US and Europe. These trends, from artificial intelligence (AI) to remote depositions and digital reporting, promise to streamline operations, enhance service delivery, and even change the way we approach litigation. Legal technology will play a crucial role in this area.

Law Firm 53

Law Firm Law Firms Technology Legal Technology Solution 53

Cenza

DECEMBER 1, 2021

AI-powered contract review tools can enhance a lawyer’s efficiency by 34% and productivity by 51.5% – according to a study by Onit. This is clear evidence of how AI application in legal operations can benefit a legal team and the organization. With AI in your arsenal, it can deter risks that could jeopardize business goals.

Legal 95

Legal Legal Legal Technology Solution Contract 95

LawTechnologyToday

JULY 25, 2023

While the public is getting acclimated to flashy advancements in artificial intelligence (AI) and machine learning (ML), these technologies are nothing new to the legal industry. Divisions that stand to benefit from AI’s facilitated tools include procurement, contract management and sales-focused divisions.

Contract 66

Contract Technology Legal Legal 66

LawSites

NOVEMBER 8, 2023

Technological advancements are reshaping industries and creating new ways of working, from the rise of the cloud to 5G and the mass adoption of large-language models and AI. In a process-driven profession, lawyers can find themselves bogged down with time-consuming procedures, repetitive processes and document-heavy caseloads.

Legal 84

Legal Legal Technology Law Firm 84

Cenza

JANUARY 27, 2023

Our experts and their expertise have enabled our customers to lower the time and cost involved yet evidently improve their productivity and efficiency, a perfect combination for business success. This awakening brought new services to support in-house counsels to embrace technology for better business benefits.

Document Review 77

Document Review Legal Services Legal Legal 77

LawSites

SEPTEMBER 30, 2021

ContractPodAi said that it will use proceeds from the round to accelerate its platform capabilities and expand its market presence internationally, including by leveraging SoftBank’s networks to pursue opportunities in the APAC region. ” (ContractPodAi was recently featured in an episode of our How It Works video series.). .”

Contract 69

Contract Technology Legal Legal 69

LawSites

AUGUST 2, 2022

If you are the Legal Administrator and your time is being consumed with double accounting entries, trust accounting, constantly providing Attorneys updates on collections and receivables or managing the pre-bill process, ZenCase has a better way. Filevine is a cloud-based work platform for legal professionals. Lex Workplace.

Legal Technology Solution 52

Legal Technology Solution Technology Legal Legal 52

LawSites

APRIL 19, 2023

Aderant , the company that provides business management software for law firms, said today that it will soon release an AI-powered product that will automate law firms’ compliance with outside counsel guidelines. It then helps create and validate rules at each step of the time-and-billing process.

Law Firm 56

Law Firm Law Firms Legal Technology Solution Laws 56

Cenza

MARCH 11, 2021

In the legal industry, the role of artificial intelligence (AI) in the legal industry is gaining ground. Organizations are using this technology to increase accuracy and speed across different stages of contract management, including drafting, review, and negotiation stages. Turning on the AI switch?

Legal 52

Legal Legal Contract Project Management 52

LawSites

FEBRUARY 6, 2023

Calloquy Platform Calloquy is dedicated to making remote legal proceedings safe, secure, and efficient, both to reduce cost and risk for corporate litigants and to expand access to justice for underserved communities. Parrot A verbatim, synced AI transcript 90 mins after a depo/EUO at no extra cost to our reporter’s appearance.

Contract 98

Contract Law Firm Law Firms Legal 98

Rocket Matter

SEPTEMBER 26, 2023

ChatGPT and similar adaptive Artificial Intelligence (AI) technologies have the potential to change the way we work forever. While these technologies can’t—and shouldn’t—replace most of the very sensitive work legal staff do for their clients, ChatGPT can save your team much-needed time to maximize billable hours. Download free guide 4.

Law Firm 96

Law Firm Law Firms Drafting Laws 96

LawTechnologyToday

MARCH 30, 2021

Whether you are a lawyer, working as the position of legal technology operations director, or performing any other role, the ultimate goal of your law firm is to help your clients and your business succeed. Setting goals and eliminating time-consuming distractions can help you make well-informed business decisions and make more profits.

Social Media Management 109

Social Media Management Legal Technology Solution Laws Law Firm 109

LawSites

MAY 26, 2021

Versions of InvoiceAI will be available for both Onit and SimpleLegal, the legal operations platform that Onit acquired in 2019. InvoiceAI represents the fourth AI offering from Onit in seven months. It acquired SimpleLegal in May 2019, four months after private equity firm K1 Investment Management invested $200 million in the company.

Legal 81

Legal Legal Contract Law Firm 81

The Process Street

OCTOBER 13, 2021

This Process Street article focuses on the customer lifecycle management – how to understand the different stages of the customer’s lifecycle, and guide them from initial awareness to long-term advocacy, with the help of tech. Getting customer lifecycle management right can be tough. Purchase : This is crunch time.

Social Media Management 111

Social Media Management Contract 111

Cenza

OCTOBER 20, 2021

Artificial Intelligence (AI) has emerged as an indisputable force in every industrial sector that strives to stay aligned with ever-changing business dynamics. The market size of AI in 2020 was $62.35 It is not surprising that AI has found its application in various streams of the legal industry, which is quite conventional.

Technology 94

Technology Legal Services Legal Legal 94

LawTechnologyToday

SEPTEMBER 15, 2021

Automation and digitization of standard business processes will be crucial in the ever-changing legal landscape. A central issue that faces firms is the delays the onboarding process causes. It’s no secret that lawyers have to work efficiently for their clients, and this process can make it difficult to reach goals promptly.

Technology 104

Technology Lawyer Lawyers Diligence 104

LawTechnologyToday

MARCH 1, 2023

Our all-in-one virtual litigation platform streamlines and professionalizes the process of conducting and managing remote and hybrid litigation. Parrot A verbatim, synced AI transcript 90 mins after a depo/EUO at no extra cost to our reporter’s appearance. Learn more about this company at the LawNext Legal Tech Directory.

Contract 76

Contract Law Firm Law Firms Legal 76

LawSites

AUGUST 19, 2021

The market research and advisory firm Aragon Research has named the contract management company Evisort as one of three emerging “hot vendors” in workflow and content automation. Enterprises are learning the hard way that it is not sufficient to store and management content,” Aragon said.

Contract 54

Contract Technology Legal Legal 54