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Top Technology Trends for Transactional Lawyers

LawTechnologyToday

This increase in complexity and volume required a different set of professional skills needed for litigation practitioners that combined an intimate knowledge of both the litigation process and how technology can be used to drive efficiencies in the e-discovery process. Document Review Tools.

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Alternative Legal Service Provider and Cenza – A quick recap of the journey

Cenza

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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Alternative Legal Service Providers – An ally to embrace

Cenza

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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Relativity Acquires Contract Review Company Heretik

LawSites

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

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Why Legal Process Outsourcing is the right choice for you?

Cenza

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). Today’s business dynamism has catalyzed complex service delivery requirements across business units. Why Does LPO Matter?

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ALSP Factor Launches Product for Law Firms to Manage and Support Transactions

LawSites

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. Due diligence.

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Use Emerging Technology to Advance Strategic Imperatives

InHouseOps

Understanding the Modernization of Law: Tools, Tech, and Tips. Before the digital era, lawyers filled their practice with telephone calls, book research, and exclusively manual document review. Then came email, text, and electronic research tools such as Westlaw and LexisNexis. Read on to find out.