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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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Top Technology Trends for Transactional Lawyers

LawTechnologyToday

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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Why Do Lawyers Need to Keep Up with Legal Technology?

LawTechnologyToday

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. Lawyers should stay abreast of legal technology trends because the legal industry is rapidly evolving, and technology is transforming how legal services are provided.

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Guide to Enhancing Law Firm Productivity

LawTechnologyToday

It is imperative for legal practitioners to stay updated on regulatory changes as they happen in order to be best suited to service their clients or manage their departments. These tools bring in process and times efficiencies, and result in both short-term and long-term productivity enhancements. What can keep you ahead of the curve?

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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. ” Downstream Impact. .

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LTRC Roundtable Discussion: ChatGPT

LawTechnologyToday

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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The Impact of Artificial Intelligence in the Legal Industry: What is changing, and how?

Cenza

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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