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. These tools bring in process and times efficiencies, and result in both short-term and long-term productivity enhancements.

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Law Firm Law Firms Document Review Laws 90

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.

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Legal Services Document Review Legal Legal 61

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.

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Metadata Technology Document Review Technology Assisted Review 100

My Shingle

APRIL 10, 2023

Can a law firm’s use of artificial intelligence be a selling point for clients? Last month, DLA Piper publicly announced that it would utilize Casetext’s groundbreaking platform, Co-Counsel which is powered by GPT-4 to perform substantive tasks such as legal research, document review, deposition prep, and contract analysis.

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LawTechnologyToday

MARCH 23, 2023

In order to meet the problems of escalating workflow and productivity demands on a constrained budget, law firms are eager to invest in legal technology services. According to another research, only19% of partners at significant law firms felt secure working in the digital economy. Why do Law Firms Need to Invest in Technology?

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Legal Technology Solution Technology Document Review Lawyer 84

MyCase

APRIL 29, 2024

For centuries, lawyers have been trusted advisors in navigating the legal system. What Is the Role of AI in Law Today? In fact, according to the MyCase 2024 Legal Industry Report , 81% of respondents who leverage generative artificial intelligence (GAI) tools use it to increase productivity and efficiency.

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Document Review Lawyer Lawyers eDiscovery 52

Cenza

JANUARY 27, 2021

Artificial intelligence (AI) technology is transforming the practice of law and many in the legal profession are leveraging this disruptive tech to reduce time and costs while increasing accuracy. That said, some areas of law are more affected by this shift than others. Integrating AI into existing systems can be a complicated process.

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Document Review Lawyer Lawyers Contract 66

Cenza

NOVEMBER 20, 2023

The acquisition establishes a Global Delivery Center in India to strengthen KLDiscovery’s Managed Document Review and enhance the Company’s contract lifecycle management offering. Together, we are poised to create unparalleled value for our clients, driving forward the future of legal technology and services.”

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Technology Document Review Legal Technology Solution eDiscovery 52

MyCase

MAY 9, 2023

In today’s rapidly evolving technological landscape, artificial intelligence (AI) and generative AI tools like ChatGPT, Google Bard, and Bing Chat are transforming the way professionals across industries work. One AI-powered tool that has recently caught the attention of legal professionals is generative AI.

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Cenza

NOVEMBER 18, 2021

The evolution of legal tech was seeded when LexisNexis introduced the red “UBIQ” terminal in 1976 to help lawyers simplify the task of searching case law. The legal industry is no exception to this prevailing trend, with law firms worldwide embracing Artificial Intelligence to add efficiency and gain a competitive advantage.

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Legal Technology Solution Technology Document Review Legal 98

Cenza

NOVEMBER 10, 2021

Contract Management. Contracts are the lifeline of an organization. Legal contracts and documents are sort of ubiquitous in the business world, irrespective of the industry. It has been estimated that inefficient contracting causes firms to lose between 5% to 40% of the value on a given deal, depending on circumstances.

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Document Review Legal Legal Contract 52

LawSites

JUNE 8, 2021

There is no denying that some law firms view alternative legal services providers such as Factor as competitors, particularly for corporate legal work. Now, building on these experiences, Factor is launching a productized, tech-enabled Legal Transaction Optimization service specifically for law firms. Documentation.

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Law Firm Law Firms Document Review Laws 81

Cenza

MARCH 30, 2022

During the COVID-19 pandemic, corporate legal departments and law firms around the world struggled to meet the new normal’s demands. The process of a company, usually a legal firm or an in-house legal department of a company, seeking the support of a third party for legal allied services is known as legal process outsourcing (LPO).

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Document Review Legal Legal eDiscovery 52

LawSites

AUGUST 17, 2023

In 2016, I wrote a review of ShareFile in which I called it one of the best products on the market for secure document storage and sharing by law firms. But what has changed is that ShareFile has added new features designed to address some of the broader client and document workflow issues law firms face on a routine basis.

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Law Firm Law Firms Document Review Legal 52

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.

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LawTechnologyToday

MARCH 3, 2023

AP: At first glance, the tool seems incredibly competent. Allison) Although like everyone else, I had heard a lot about ChatGPT and other similar AI tools ad nauseum recently, and had even seen some examples and demonstrations, I hadn’t had much of a chance to check any of them out until these Roundtable questions were circulated.

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Fordham Law News

MARCH 25, 2023

Chat GPT can co-write law review articles in record time [1] and pass law school exams, including multiple choice and essay questions. [2] Dean Andrew Perlman of Suffolk Law School, who co-wrote the law review article with Chat, said “the bot ‘isn’t ready for prime time,’” but does not seem too “far off.” [3]

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LawSites

JULY 28, 2021

Priori Legal , a marketplace for in-house legal teams to find and hire outside counsel, is expanding to also serve as a marketplace for legal technology and alternative legal services providers. Factor , the alternative legal services provider that describes itself as delivering complex legal work at scale.

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InHouseOps

JULY 25, 2022

What does it take to have a modern law approach to practice? Understanding the Modernization of Law: Tools, Tech, and Tips. Recently, the phrase “modern law” has been floating around in the legal industry. From corporate counsel to law firms to contract attorneys, this term of art can carry several meanings.

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Technology Document Review Legal Technology Solution Legal 59

LawTechnologyToday

JULY 1, 2021

Second requests—the discovery procedures regulators use to determine whether potential antitrust issues might arise from proposed M&A activity—come with a host of attendant challenges and costs for corporations, their counsel, and legal service providers. and GDPR privacy law during production. Maintain project structure.

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Document Review Technology Assisted Review Technology Legal Services 84

LawSites

AUGUST 31, 2022

Virtually all search tools – whether for legal research, e-discovery review, document review, or anything else – are confined to indexes. Every word in every case or contract or email or whatever is fed into an index, and the search tool looks for that word or some combination of indexed words. Apple Inc.

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eDiscovery Legal Legal Document Review 93

LawTechnologyToday

FEBRUARY 16, 2021

Artificial intelligence is a useful tool becoming more widely used in real-world applications that learn to complete tasks ordinarily done by humans. For example, a London law firm used data on the outcomes of 600 cases over 12 months to create a model for the viability of personal injury cases. The Current State of AI Technology.

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Law Firm Law Firms Laws Legal Research 103

Paralegal Bootcamp

JULY 24, 2023

This is because some paralegals might prefer a corporate setting as an in-house paralegal, while others might thrive in a law firm setting working in civil litigation or other commercial litigation. There is a very large gap in salaries when you look at BigLaw in big cities compared to small law firms in smaller regional markets.

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LawSites

JANUARY 3, 2024

Ai.Law Ai.Law provides AI-generated litigation documents, from pleadings to discovery. Lexamica Unlock new revenue with Lexamica, the go-to platform for curated case referrals. Whether you’re looking to hand off a case or take one on, our exclusive network of law firms has you covered. You upload your documents.

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Document Review ESI eDiscovery Contract 112

MyCase

JANUARY 24, 2024

How does AI fit into the stringent, compliance-driven world of law? Plus, we’ll guide you through the best legal AI tools that are transforming law firms into powerhouses of efficiency and innovation. But, while legal AI tools can alleviate certain tasks, they’re no replacement for legal professionals.

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MyCase

APRIL 30, 2024

ChatGPT and related AI tools can write, edit, and research—three tasks that weigh heavily on the daily agendas for paralegals and legal assistants. If ChatGPT can handle those duties, law firm administrators will likely ask their support team members to take on higher-level responsibilities. or drafting portions of them.

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LawSites

FEBRUARY 20, 2024

The Belgium document automation company ClauseBase has launched a major expansion of its product to add new capabilities for clause extraction, AI-powered document review, and automated proofreading, all with the goal of providing an all-in-one platform, within Microsoft Word, for contract drafting, reviewing and negotiating.

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Drafting Document Review Legal Legal 74

LawTechnologyToday

DECEMBER 9, 2022

More technology is making its way into the courtroom, and it appears that document review tools are becoming more of the norm in law firms for litigation matters but it has been, and still is, a slow-moving process. The results of the survey thus skew slightly more towards mid-size and smaller law firms.

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Technology Assisted Review Litigation Litigating eDiscovery 105

Paralegal Mentor

FEBRUARY 2, 2015

It’s not just law firms that will be hiring. The survey says: Law firms want paralegals who can perform multiple job functions and deliver quality results at cost-effective billing rates for clients. General Business and Corporate Law. I want to work in contract administration.”) This isn’t unusual for any profession.

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Real Estate Paralegal Paralegals Document Review 40

InHouseOps

AUGUST 15, 2022

Keith Vallely : As Vice President and Senior Consultant at Epona USA, a division of Epona, my role is to expand our sales throughout the North American marketplace, including implementations of our Contract Management, Document Management, E-Mail Management and Knowledge Management Systems that are based on the Microsoft Platform.

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Document Review Legal Legal Document Management 52

LawSites

JULY 25, 2023

This is the first of a planned series of workflow-enhancement products — or “skills” — NetDocuments will release, all under the moniker ndMAX and all built on the Microsoft Azure OpenAI Service. Extract information from documents — including both discrete entities and complex insights — and save the extracted data to a database.

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Document Review Lawyer Lawyers Drafting 81

LawSites

MARCH 24, 2022

Christophe Frèrebeau has a vision of where he wants his company’s artificial intelligence contract review technology to be in 10 years: “Our dream would be to be able to answer a question about a legal document, and answer it like a lawyer would.” million in seed funding to move it even closer. Expand in U.S.

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Contract Lawyer Lawyers Document Review 52

Paralegal Bootcamp

APRIL 7, 2021

Contracts Administrator. Conflicts Specialist for a law firm. Then maybe a sales position for a legal vendor would be a better fit than managing document review projects as a litigation paralegal in a typical law firm setting. Are you a litigation paralegal who has been working with ediscovery tools?

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Paralegal Paralegals eDiscovery Litigation 246

Paralegal Bootcamp

JULY 27, 2023

This is the only program of its kind that provides litigation paralegals with all of the tools to master litigation cases from the complaint through the trial, and everything in between. If not, I can call that staffing agency to get a contract attorney to help out. Another option might be to narrow the scope of the review.

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Paralegal Paralegals Litigation Litigating 246

LexBlog

SEPTEMBER 10, 2019

Automation is already omnipresent and works to expedites several administrative tasks and automate filing systems. In a law firm, it is typically used to organizes emails, produce legal documents, regulate billing, and much more. ” It expedites several administrative tasks and automates filing systems.

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Paralegal Paralegals Legal Legal 40

LawSites

DECEMBER 4, 2023

VoiceScript Ai.Law Elevator Pitch: Provides AI-generated litigation documents, from pleadings to discovery. We are the first AI-driven platform to focus specifically on drafting litigation documents. The substantial amount of time lawyers spend drafting documents during litigation. What makes you unique or innovative?

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