LawSites

MARCH 5, 2024

One of the most talked-about legal technologies of the last few years is contract lifecycle management software. Instead of CLM systems, most companies are using document management systems to store and manage their contracts — systems such as SharePoint, Google Drive, local drives, or commercial DMS products.

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LawSites

MARCH 12, 2024

Proxiio Global Solutions , an India-based provider of litigation and corporate legal services for law firms and in-house legal departments, is today officially launching in the United States. Leading U.S. The company is ISO-certified for information security and quality assurance.

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LegalSifter

OCTOBER 30, 2023

The legal industry is undergoing a transformation, with technology playing an increasingly crucial role in reshaping how legal teams manage and leverage contracts. Unleashing the Power of AI for In-House Counsel

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LawVu

JANUARY 30, 2024

With cost control a top priority for in-house legal teams in 2024, there’s never been a better time to start taking control of your balance sheet. Read on to learn the basics of legal spend management – and the benefits to your business of getting it right. Why is legal spend management so important?

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Cenza

JANUARY 27, 2023

The practice of outsourcing certain aspects of legal work by law firms, in-house counsels, and individual attorneys existed for decades. It took years to shape into a formal industry and to be christened Alternative Legal Service Providers. The growth simply signifies the unassailable role of ALSPs in the legal industry.

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LawSites

MARCH 30, 2022

in-house lawyers prefer not to return full-time to their offices, nearly half have done so, in part because their organizations have failed to effectively adopt new technologies that would facilitate hybrid work arrangements. Read about ContractWorks on the LawNext Legal Tech Directory. The survey of 250 in-house lawyers in the U.S.

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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.

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LawSites

JUNE 21, 2022

LawVu is a New Zealand company that says it is revolutionizing legal operations by waging war on a multiplicity of point solutions and providing in-house legal teams with the first truly connected platform for matter, contract and spend management. . He recently returned home from an extended visit in the U.S.,

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LawSites

JANUARY 11, 2022

In its largest deal so far in a recent string of acquisitions, Onit , the Houston company that provides enterprise workflow products for corporations and corporate legal departments, has acquired SecureDocs , a Santa Barbara, Calif., software company with products for contract management, virtual deal rooms and electronic signatures.

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LawVu

APRIL 30, 2024

Picture your legal team’s typical week. In-house legal teams work on a plethora of complex tasks which impact processes across the business. Our customers already choose LawVu for the ability to efficiently manage all their legal work in one place. How many mundane tasks are you repeating?

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LawVu

APRIL 30, 2024

Picture your legal team’s typical week. In-house legal teams work on a plethora of complex tasks which impact processes across the business. Our customers already choose LawVu for the ability to efficiently manage all their legal work in one place. How many mundane tasks are you repeating?

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InHouseBlog

AUGUST 6, 2023

The legal function is handled by a combination of the CFO and outside counsel. In 2010, this company incurred over $500,000 in outside legal costs, excluding costs of a recent financing. His view is one I have heard throughout my in-house career. Managing outside counsel and legal fees below aggressive targets.

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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

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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.

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LawSites

AUGUST 22, 2022

LegalEase Solutions , a company that provides customized legal solutions for corporations, in-house legal departments and law firms, has acquired the contract lifecycle management (CLM) consulting firm CLM Gurus , along with key executives and staff. Rita Zandbergs and Spencer Essey both join as directors.

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The Estrin Report

SEPTEMBER 6, 2021

HR Manager, attorney, paralegal, marketing manager, may describe your role but it sure ain’t fun. Great”, said the HR Manager. “We By Chere B. COVID-19 has led a lot of people to search for a brand new position. and that they had been looking quite awhile with no success. I am, after all, supposed to be a career specialist. .

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LawSites

MAY 10, 2022

It is a busy day for contract lifecycle management technology. LexisNexis says that the addition of Parley Pro’s CLM capabilities will strengthen the CounselLink platform, providing customers with a cohesive CLM, legal spend and matter management experience. New Workflow, Automation Features. System-triggered events.

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LawVu

NOVEMBER 16, 2023

According to Gartner , 90 percent of legal teams are concerned that their operations slow down the functioning of their wider organizations. With legal departments under growing pressure to do more with limited resources, improving efficiency is essential to maintain pace. We’ve reduced our contract review time by five days.”

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InHouseBlog

APRIL 8, 2022

In-house counsel jobs featured on our job board, GoInhouse.com, which has over three thousand in-house counsel jobs. Sign up for in-house counsel job alerts from our job board by city and category to get emails about the in-house counsel jobs that interest you. In-House Counsel , Elegant Reflections, LLC (Houston, TX).

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LawVu

DECEMBER 11, 2023

And legal teams have felt this pressure more than ever! Amidst the challenges, we delivered products and professional experiences that gave legal teams and lawyers the tools to thrive and be more successful. Bob McClintock, Associate General Counsel, CTDI Time saving “We’ve reduced our contract review time by five days.

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LawTechnologyToday

AUGUST 1, 2023

In an evolving legal environment with market competition at an all-time high, the technical competence of law firms and legal departments of large organizations have to be top notch. For legal practitioners, there are a number of metrices that are indicative of the firm’s or the department’s performance.

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CARET Legal

FEBRUARY 23, 2024

AI is expected to automate nearly half of legal tasks in the US and Europe. Several legal technology trends are set to reshape how law firms operate. Artificial Intelligence and GenAI in the Legal Industry One of the most prominent law firm technology trends is the use of Artificial Intelligence (AI), including Generative AI (GenAI).

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Cenza

MAY 19, 2021

Contract lifecycle management (CLM) has become a hot topic in the legal space; a must-have solution for CXOs looking to get a handle on their legal agreements. Given the shift in legal automation, the adoption and implementation of contract management solutions are gaining significant ground.

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Cenza

NOVEMBER 23, 2022

Contract Lifecycle Management (CLM) is evolved as a strategic aspect of legal operations today. It is now the chosen channel to monitor and regulate every component in a contract’s lifetime with the ability to maximize activities, reducing costs and downtime. Innovation in the legal tech space. Automation with AI.

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InHouseOps

OCTOBER 22, 2021

Rick Ralston, CEO of Contract Logix, observes the digital transformation that companies have been experiencing, as well as how the lack of support from in-house legal departments on these digital transformation strategies is affecting CLOs and GCs. Because contracts define and are foundational to your business relationships.

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InHouseBlog

JANUARY 7, 2023

Think 2023 is going to be a doozy for the legal industry and its workers? Not according to all players in the field including the President of Major, Lindsey & Africa , a prominent legal recruiting firm.

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MyCase

APRIL 24, 2024

AI tools like ChatGPT are creating a buzz in the legal field. According to the Legal Industry Report 2024 , nearly one-quarter (24%) of law firms have adopted legal-specific generative artificial intelligence (GAI) tools. They also have known risks, and not managing those risks can lead to reputation-damaging outcomes.

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Cenza

JANUARY 28, 2021

Legal contracts are the lifeblood of a business and play an integral role in business relationships, be it clients, third-party vendors, business partners, or even service providers. However, these contracts are not often given their due i.e. once executed, they are usually filed away, instead of being managed across their lifecycle.

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Attorney at Work

AUGUST 26, 2021

Contract attorneys have made it possible for legal organizations to level up their teams’ expertise without increasing headcount. . In many cases, this meant that they, like their law firm counterparts, hired contract attorneys to fill in gaps, provide niche expertise and keep costs in check.

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Attorney at Work

JANUARY 20, 2022

Legal teams are being pressed to control costs and better respond to changing regulatory and risk management obligations. In response, they are investing more in automation, advanced analytics and other technologies that will help them manage the workload. According to Gartner Inc., According to Gartner Inc.,

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LawSites

SEPTEMBER 30, 2021

It is another big investment in contract lifecycle technology, as London-based ContractPodAi today announced a $115 million Series C investment headed by SoftBank Vision Fund 2 , reportedly at a valuation five times greater than the company’s Series B round in 2019. ”

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Cenza

SEPTEMBER 15, 2022

With Contract Solutions being one of the major services of Cenza, our Contract Management experts have been publishing blogs covering various aspects of CLM. Before foraying into the world of digital contracting, the need to understand its importance is vital. Why Contract Lifecycle Management is essential for business.

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LawTechnologyToday

JANUARY 22, 2021

With ever-increasing frequency, in-house counsel is adopting data reporting tools like never before. But now, general counsels (GCs) and legal teams need solid insights on resource allocation and budgeting, too. But now, general counsels (GCs) and legal teams need solid insights on resource allocation and budgeting, too.

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Attorney at Work

SEPTEMBER 29, 2021

Legal Publishing and Legal Apps With Greg Siskind. Siskind’s publishing house, Alan House Publishing, now has three immigration law books to its name, all co-authored by Siskind with colleagues in his firm. “A Why do they do it? There are myriad reasons. Primarily, a book is a lawyer’s way of standing out in the crowd.

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Cenza

AUGUST 18, 2021

Artificial intelligence is indeed the go-to technology for automating repetitive, time-consuming tasks, and contract redlining is no exception. Whatever has been achieved in the digitization of the CLM process, the credit ultimately belongs to the legal tech companies. Managed AI – The best bet! AI tools are not born ready.

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InHouseBlog

AUGUST 20, 2023

Levy, Guest Contributor There are many biases against in-house counsel, including that we are not business focused, do not understand the company’s business, we are overhead, eat into profits and do not drive revenue. Many in-house counsel claim that they are business focused, but they do not have actual business experience.

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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. Investing in legal technology is on a steady rise.

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