Strictly Business
JANUARY 11, 2024
Due diligence is the buyer’s process of discovering and evaluating information about a seller’s business to confirm that acquiring the seller’s equity or assets is a sound investment. However, the process of conducting due diligence differs between transactions for a variety of reasons.
Cenza
JANUARY 27, 2023
It took years to shape into a formal industry and to be christened Alternative Legal Service Providers. This fact was further reiterated by Thomson Reuters’ Alternative Legal Service Providers 2021 Report, which unveiled that nearly 79% of law firms and over 71% of corporate law departments are leveraging the services of ALSPs.
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LawSites
AUGUST 29, 2022
Relativity , the global e-discovery and compliance technology company, said today that it has acquired Heretik , an AI contract review company whose product was built on the Relativity platform and whose staff is half composed of former Relativity employees. . In 2017, the Chicago-based company raised $2.4
Cenza
AUGUST 25, 2021
Therefore, legal service providers have been contending to streamline their processes and systems with the aid of technology. An effort to maximize the value delivered by technology and enable business growth has resulted in the genesis of Alternative Legal Service Providers (ALSPs). Tracing the ALSPs’ growth path.
LawTechnologyToday
FEBRUARY 1, 2022
Creating a robust document repository also allows for the reuse of client documents and attorney work product. Another important tool in the litigator’s toolbox is Technology Assisted Review (TAR). This is a broad term referring to the application of technology in a traditional litigation document review.
Cenza
OCTOBER 27, 2021
It also acts as a huge time saver by automating contracting information related to document reviews for due diligence, litigation legalese, legal research, etc. At one stage internet took over our lives, then there was email, and now everything revolves around search engines and information retrieval systems.
Cenza
NOVEMBER 18, 2021
Early works on AI in legal services can be traced back to 1956 when professor Layman E. Allen spoke about the need for an intellectual tool to master human experience in his paper “ Symbolic Logic: A Razor-edge Tool for Drafting and Interpreting Legal Documents.” Onboarding the right legal AI.
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