MatterSuite

FEBRUARY 6, 2024

Compliance with Evolving Regulatory Standards The legal landscape is marked by constantly evolving regulatory standards and compliance requirements. Tracking and documenting changes is vital, especially in legal documents, ensuring compliance and accuracy by maintaining a clear audit trail of alterations.

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Debevoise Data Blog

SEPTEMBER 20, 2021

To collect the alternative data, App Annie offered a free analytics product called “Connect” to companies that offer apps. According to the SEC Order , App Annie is one of the largest providers of such market data on mobile app performance.

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Due diligence Compliance Analytics Law 52

Dewey B Strategic

JUNE 14, 2023

There has been a proliferation of specialty products targeting specific practice areas or workflows from topics as diverse as credit default swaps, social media monitoring, and predictive litigation analytics. Security compliance can be a complete deal killer. They can be important allies in the process. Cancellation/Autorenewal.

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Compliance Due diligence Time-tracking Analytics 59

MatterSuite

OCTOBER 13, 2023

This could be driven by a variety of factors, including: Evolving business objectives New regulations or compliance requirements Technological advancements Changes in client expectations Cost-saving initiatives Recognizing the necessity for change is crucial, as it lays the foundation for the subsequent steps in the change management process.

Compliance 52

Compliance Due diligence Time-tracking Legal technology 52

Clio

JUNE 14, 2024

More on that below) The critical role of assessment and solution implementation Due diligence leads to informed decisions: A thorough assessment of your current operational inefficiencies allows you to make an informed decision about switching to a solution like Clio.

Law firm 52

Law firm Law Law Due diligence 52

OpenText

JANUARY 31, 2024

OpenText eDiscovery solutions have a long history of incorporating artificial intelligence (AI) and advanced analytics to dramatically improve review efficiency and lower costs while ensuring defensibility of process. Axcelerate drives down the cost of eDiscovery through analytics and automation. Axcelerate CE 21.2 Axcelerate CE 21.2

Analytics 52

Analytics Time-tracking Litigator Litigation 52

Legal Tech Monitor

JUNE 14, 2023

There has been a proliferation of specialty products targeting specific practice areas or workflows from topics as diverse as credit default swaps, social media monitoring, and predictive litigation analytics. Security compliance can be a complete deal killer. They can be important allies in the process. Cancellation/Autorenewal.

Compliance 52

Compliance Due diligence Time-tracking Analytics 52

Colin S. Levy

MARCH 7, 2023

UniCourt provides Legal Data as a Service (LDaaS) via our APIs to AmLaw 50 firms and Fortune 500 businesses for accessing normalized court data for business development and intelligence, analytics, machine learning models, process automation, background checks, investigations, and underwriting.

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Due diligence Machine learning Court Litigator 52

CaseFox

JULY 25, 2023

Legal Research and Data Analytics: Gone are the days of poring over endless law books and case files in dusty libraries. Advanced data analytics tools enable lawyers to extract valuable insights from large volumes of information. In this article, we will delve into the transformative impact of technology for lawyers.

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Legal Tech Blog

NOVEMBER 17, 2022

Great news for business efficiency, but is it bad news for those charged with collecting data for litigation, investigations, and compliance? It is now the norm to have meetings held virtually, use instant messaging to communicate with clients and colleagues, and rely on cloud hosting platforms for data storage and sharing.

Legal tech 52

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MatterSuite

JUNE 26, 2024

This capability is beneficial in the due diligence stage, legal discovery , and compliance reviews, where tons of data require proper and swift analysis. Such goals might be cutting the time spent on document review in half, enhancing the accuracy of the contracts’ analysis, or enhancing the monitoring of compliance.

e-discovery 52

e-discovery Legal research Due diligence Machine learning 52

Colin S. Levy

JUNE 5, 2024

Furthermore, maintaining compliance with legal standards and regulations when integrating technology requires meticulous planning and oversight to avoid potential legal pitfalls. Adopting advanced technology in legal practices often encounters human skepticism or resistance.

Paralegal 52

Paralegal Due diligence Contract management Time-tracking 52

Debevoise Data Blog

NOVEMBER 21, 2022

Our key takeaways are: For financial services firms – determine if you are covered as a “financial entity” and, if so, begin charting a path to compliance: it is likely to be a resource-intensive undertaking and one which demands ongoing engagement from across the business, including management. What are the penalties for non-compliance?

Compliance 52

Compliance Due diligence Analytics Software 52

Clio

MARCH 14, 2024

Automation and artificial intelligence in the legal sector AI is already used for contract review and due diligence, such as identifying inconsistencies and potential risks in a contract. Regulatory changes and compliance requirements The legal industry tends to be traditional, holding onto established processes and procedures.

Machine learning 52

Machine learning Law firm Due diligence e-discovery 52

3 Geeks and a Law Blog

MAY 9, 2023

The natural language processing has found its way into many, many, many products from eDiscovery, to due diligence to legal research, litigation, analytics and prediction, all types of legal tech tool, but it hasn’t been absolutely transformative. But it hasn’t been transformative. It hasn’t really changed the business model.

Law firm 162

Law firm Legal tech Legal tech Lawyer 162

Legal Tech Monitor

MAY 9, 2023

The natural language processing has found its way into many, many, many products from eDiscovery, to due diligence to legal research, litigation, analytics and prediction, all types of legal tech tool, but it hasn’t been absolutely transformative. But it hasn’t been transformative. It hasn’t really changed the business model.

Law firm 52

Law firm Legal tech Legal tech Lawyer 52

3 Geeks and a Law Blog

JANUARY 15, 2024

Their responses range from predictions that AI will help automate legal workflows and build tools faster, to allowing for better data analytics and metrics to improve client relationships and retention. And so you know, we shouldn’t be running kind of headlong into some of this new technology without, you know, doing our due diligence.

Legal tech 264

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Legal Tech Monitor

JANUARY 15, 2024

Their responses range from predictions that AI will help automate legal workflows and build tools faster, to allowing for better data analytics and metrics to improve client relationships and retention. And so you know, we shouldn’t be running kind of headlong into some of this new technology without, you know, doing our due diligence.

Legal tech 52

Legal tech Legal tech Hearing Time-tracking 52

Debevoise Data Blog

NOVEMBER 10, 2021

The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 granted the CFPB authority to supervise and enforce compliance with ECOA for entities within the CFPB’s jurisdiction and to issue regulations and guidance to interpret ECOA. Gensler clarified these three areas of concern further.

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Machine learning Compliance Analytics Due diligence 52