MatterSuite

SEPTEMBER 4, 2023

Gartner experts expect legal departments to increase their spending on legal technology threefold by 2025. Organizations’ legal departments continually grapple with managing intricate matters, regulatory compliance, contracts, and numerous legal responsibilities. However, investing in data integration solutions is crucial.

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Lawmatics

DECEMBER 5, 2023

In turn, lawyers can use legal tech to automate routine tasks, work more efficiently, and devote more time to complex work. Rather than a collection of disparate tools, a legal tech platform consolidates, manages, and automates various legal processes in a single location, increasing efficiency and making time for higher-value work.

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Legal tech Legal tech Client Intake Time-tracking 52

Percipient

JANUARY 23, 2025

Keeping track of contracts can feel like trying to tame chaosdetails get missed, deadlines sneak up, and the whole process eats up more time than it should. By 2025, its expected that nearly half of all contract-related tasks will be handled by technology. of their revenue each year. But theres a better way.

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Simple Legal

FEBRUARY 15, 2023

Plus, you don’t have to waste precious time creating training materials in-house. Can I easily track DE&I metrics? The features you need Commit your legal department to drive diversity and inclusion with your outside law firms by investing in a legal management tool that tracks and reports on DE&I metrics.

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Time-tracking Legal tech Legal tech Machine learning 55

Debevoise Data Blog

NOVEMBER 14, 2023

The Second Amendment’s compliance requirements will take effect in phases. For legal and compliance teams, the new requirements on certification, risk assessments, and governance will call for cross-functional participation throughout the coming year as companies assess their compliance with NYDFS’s Cybersecurity Regulation.

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Lawmatics

FEBRUARY 13, 2024

Billing and timekeeping software: Time and billing software automates each step of the billing process and helps lawyers track billable hours, generate invoices, and manage financial transactions. Legal professionals deal with vast amounts of information, documents, and data. Will there be a need for lawyers in the future?

Lawyer 52

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Lawmatics

DECEMBER 27, 2023

Time management, professional writing, client communications, and interactions, as well as issue spotting and analysis, are highly valued skills for new attorneys. The legal tech industry is experiencing significant growth and innovation, and Gartner forecasts that 12 percent of in-house legal budgets will be dedicated to legal tech by 2025.

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Legal technology Legal technology Dispute resolution Machine learning 52

Debevoise Data Blog

JULY 12, 2024

Most of the substantive requirements will come into force two years later, from 1 August 2026, with the main exception being “Prohibited” AI systems, which will be banned from 1 February 2025. The EU AI Act contains a narrow list of AI systems that will be banned within the EU from 1 February 2025. What are the High Risk AI Systems?

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Compliance Time-tracking Law Law 52

Debevoise Data Blog

FEBRUARY 27, 2024

EU Data Act: Legislation has entered into force which will impose a range of new obligations on businesses from September 2025. These new obligations and protections will take effect from September 2025. However, it remains to be seen how this new office will interact with companies in the context of cyber incidents.

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Debevoise Data Blog

NOVEMBER 13, 2024

In this Part Two, we look at what constitutes “material compliance” under Part 500, which has been a key focus area for covered entities as they work to align company practices to Part 500’s new requirements and prepare for their April 2025 certification of material compliance with Part 500 for calendar year 2024.

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Debevoise Data Blog

MAY 2, 2023

While the latest draft EU AI Act is not yet publicly available, early reports indicate it will feature new rules concerning compliance obligations specific to generative AI and foundation models, including several unique components such as required disclosures of copyrighted works included in the models’ training data.

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Above the Law - Technology

DECEMBER 4, 2023

As you will see from the ballot, you may vote for your top-five favorites or five times for top favorite, or any other mix of five votes. The substantial amount of time lawyers spend drafting documents during litigation. Note: You will be able to cast your ballot just once, and on each ballot, you will be limited to five votes.

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Debevoise Data Blog

DECEMBER 17, 2023

This development, which came amid mounting speculation that disagreements between the Council and Parliament could lead to the legislation being derailed altogether, means that the EU AI Act is back on track to come into force in early 2024. No other final definitions have been confirmed or released at this time.

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Data protection Compliance Time-tracking Law 64

Debevoise Data Blog

JANUARY 16, 2025

Investigators demonstrated vulnerabilities by purchasing digital advertising data from brokers to track U.S. Third-Party Contractual and Compliance Obligations The rule prohibits data brokerage with any foreign person who is not a covered person unless the U.S. DOJ expects U.S. Noncompliance may result in enforcement action.

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