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Get free e-book For modern law firms, selecting suitable tools is no longer a matter of choice but of necessity. Also, AI analytics lets you measure performance so you can run better. E-Discovery Platforms: Navigate the Data Deluge When thinking about technology and asking questions—like, “What software do lawyers use?”—it's
Cloud contractmanagement software is the solution. In this guide, well dive into what cloud-based contractmanagement software is, how it stands out from traditional methods, and why its become a must-have for the legal world. What is Cloud-Based ContractManagement Software? The best part?
Contractmanagement is one of those tasks that takes way longer than it shoulddrafting, approvals, negotiations, and endless back-and-forth emails can drag on for weeks. Automation of contractmanagement processes accelerates negotiation cycles by 50%, according to Weshare. What Is an Automated ContractManagement Tool?
The survey by contractmanagement company Lexion polled 450 inhouse legal professionals — general counsel, inhouse counsel, legal operations professionals, contractmanagers, paralegals and others — across various industries. Contractanalytics/reporting. Legal task management. Spend management.
E-Discovery E-discovery is a crucial part of the legal industry. With the help of AI technologies, lawyers can conduct E-discovery. E-discovery usually involves the identification and collection of electronically stored information. This data can include emails, media files, and documents.
Predictive Analytics Predictive analytics revolves around using data to make smart guesses about what might happen next. E-Discovery E-discovery focuses on finding and organizing digital information for legal cases. Human validation: Experienced legal professionals review AI outputs for accuracy and handle complex issues.
Intended for customers in both corporate legal and law firms, Traact offers modules for entity management, permits and licensing, board management, matter management, contractmanagement, disputes and litigation, finance and taxes (including spend management), and document management.
As has been the case for several years, e-discovery and contract-management companies dominated the news coming out of Legalweek. See also my posts this week about the expansion of Law.com Radar and about two surveys from LexisNexis on generative AI and litigation analytics. Here is part two.
The company PracticeLeague just listed three separate but related products: RazorLex, a law practice management platform; RazorCube, an enterprise legal operations management platform; and Razor365, a comprehensive contractmanagement platform. TM TKO provides intelligent, cost-effective tools for trademark professionals.
As has been the case for several years, e-discovery and contract-management companies dominated the news coming out of Legalweek. See also my posts this week about the expansion of Law.com Radar and about two surveys from LexisNexis on generative AI and litigation analytics. Here is part two.
Intended for customers in both corporate legal and law firms, Traact offers modules for entity management, permits and licensing, board management, matter management, contractmanagement, disputes and litigation, finance and taxes (including spend management), and document management.
Variable costs include things like legal research fees, court filing fees, expert witness fees, litigation expenses and settlement costs. It is also best to use legal accounting software that can generate reports when filing taxes and reviewing your firm’s financial standing.
We exploited how essential story elements fit into any investigation or discovery process and made highly complex analytics fit naturally with the way legal professionals want to find answers in ESI. In fact, we are only weeks away (as of the date of filing this application) from actually reaching this audacious goal. Anything else?
How we’re unique: While other products are descriptive in nature, we are building the first truly prescriptive set of legal analytics products. We can help lawyers make evidence-based decisions by providing custom-tailored recommendations and analytics, all focused on judges and their philosophies of the law. Koncord Law.
We exploited how essential story elements fit into any investigation or discovery process and made highly complex analytics fit naturally with the way legal professionals want to find answers in ESI. In fact, we are only weeks away (as of the date of filing this application) from actually reaching this audacious goal. Anything else?
How we’re unique: While other products are descriptive in nature, we are building the first truly prescriptive set of legal analytics products. We can help lawyers make evidence-based decisions by providing custom-tailored recommendations and analytics, all focused on judges and their philosophies of the law. Koncord Law.
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