Bigfork Tech

NOVEMBER 6, 2024

In this blog post, we’ll explore the role of AI in litigation, the benefits of e-discovery, and its overall impact on law firms and clients. The Role of AI in Litigation Support Overview of AI Tools Used in Case Management AI tools are increasingly becoming necessary in legal case management.

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CaseFox

JUNE 26, 2023

Document Management Law firms are moving away from traditional ways of keeping and recording documents. Legal Chatbot Law firms can utilize legal chatbots to interact with clients. Contract Management Contract management is a huge part of any legal professional’s daily routine.

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Percipient

JANUARY 31, 2025

If contract management is not prioritized, it can be a serious drain on the bottom line. Contract review tools simplify the process, helping teams identify risks, edit agreements, and stay organized. These tools offer advanced features that go beyond basic contract review.

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Percipient

JANUARY 20, 2025

For instance, it can review contracts in minutes, spotting errors, missing clauses, or potential risks that might take a person much longer to catch. It can also help with legal research, finding relevant case laws or statutes quickly without endless hours of manual searching.

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LawSites

NOVEMBER 3, 2021

Last year, I wrote here about Lexion , an AI-powered contract management system for mid-market corporations that emerged out of the Allen Institute for AI , the AI research institute created by Microsoft cofounder Paul Allen. The dashboard also provides analytics that provide an overview of tasks by dates, owners and types.

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LawSites

SEPTEMBER 14, 2021

And, more importantly, it makes invoice review easier and quicker for today’s busy law departments.” It acquired SimpleLegal in May 2019, four months after private equity firm K1 Investment Management invested $200 million in the company. “It’s tedious, time-consuming and an area perfectly suited for AI transformation.”

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Colin S. Levy

FEBRUARY 18, 2025

Easier contract management. They let you manage contracts at scale. For all their benefits, templates have some drawbacks: They stunt your drafting and analytical skills. Consider also how valuable thinking about these issues are for newer lawyers and contract professionals. Checklists on steroids.

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LawSites

OCTOBER 12, 2021

Upload 10,000 contracts today and nearly instantly visualize critical contract data and key metrics. That is what contract management company Evisort says its customers can now do with the launch today of its new Intelligent Dashboarding. Visualizing Contract Data. Unstructured Text into Structured Data.

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LawSites

FEBRUARY 15, 2023

At its LEX Summit user conference this week, the law practice management company Filevine made two major product announcements, and its CEO outlined a broad vision for incorporating AI throughout the company’s products. Oracle NetSuite is designed for mid-sized to larger businesses.

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Percipient

JANUARY 15, 2025

In fact, according to Gartner , AI-based contract analytics solutions can reduce the manual effort needed for contract review by 50%. Thats a huge time-saver for law firms and corporations managing complex workflows. How Does Contract Review Software Work? Can ChatGPT review a contract?

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LawSites

NOVEMBER 8, 2023

Intended for customers in both corporate legal and law firms, Traact offers modules for entity management, permits and licensing, board management, matter management, contract management, disputes and litigation, finance and taxes (including spend management), and document management. .”

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Ron Friedmann

JUNE 17, 2020

We were receiving presentations from law firms. The Microsoft Law Department has been on a digital transformation for years. Microsoft has created a dedicated team, the Modern Legal Team, led by Jason Barnwell, to drive the law department’s digital transformation. That has to be paired with rigorous business analytics.

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LawSites

MARCH 8, 2024

Launched just four months ago by engineers who previously worked for Uber, Google and Amazon, Traact , a SaaS platform that integrates a range of corporate functions in an all-in-one platform, today said it has entered into a strategic partnership with Klea , a Belgium-based provider of AI-enabled legal entity management.

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MatterSuite

FEBRUARY 6, 2024

Cloud-based legal technology empowers law firms with unparalleled flexibility, scalability, and accessibility, redefining the way legal professionals work, collaborate, and serve their clients. These challenges, if left unaddressed, can impede progress and hinder the potential for growth and innovation within law firms.

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MatterSuite

FEBRUARY 6, 2024

Cloud-based legal technology empowers law firms with unparalleled flexibility, scalability, and accessibility, redefining the way legal professionals work, collaborate, and serve their clients. These challenges, if left unaddressed, can impede progress and hinder the potential for growth and innovation within law firms.

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MatterSuite

JULY 29, 2023

Efficient Contract Management : Contracts are the backbone of business operations, and managing them effectively is critical. Legal technology offers contract management solutions. That streamlines the entire lifecycle of a contract, from creation and negotiation to execution and renewal.

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Law Technology Today

JULY 25, 2023

Both have been mainstays over the last few years — especially within the realms of contract review and in predictive analytics around judge rulings and the effects of precedent. Unsurprisingly, they have inspired breathy predictions about what these advancements mean for the future of many sectors, including the law.

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Legodesk

FEBRUARY 15, 2022

Automating your law firm’s workflow can have a number of benefits. In addition, automating your workflow can help you to better keep track of deadlines, manage files, and coordinate negotiations. Read Also – How does cloud accounting software help law firms? Which is the Best Legal Workflow Automation Software?

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Legodesk

FEBRUARY 15, 2022

Legal workflow automation is the process of automating routine tasks for law firms. Automating your law firm’s workflow can have a number of benefits. In addition, automating your workflow can help you to better keep track of deadlines, manage files, and coordinate negotiations.

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Legal Tech Monitor

MARCH 8, 2024

Launched just four months ago by engineers who previously worked for Uber, Google and Amazon, Traact , a SaaS platform that integrates a range of corporate functions in an all-in-one platform, today said it has entered into a strategic partnership with Klea , a Belgium-based provider of AI-enabled legal entity management.

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Attorney at Work

SEPTEMBER 15, 2022

This is why legal project management is turning into a field of its own, innovating industry-specific techniques for improving client service and efficiency, in ways that increase client involvement and transparency. An Accidental Project Manager. Related: “Five Ways to Start Using Evernote in Your Law Practice.”)

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LawSites

DECEMBER 22, 2021

The company, which provides AI-driven contract management, is today releasing a year-end report that reveals that it has doubled both its revenue and headcount in 2021. Its platform offers both post-signature contract management, review and analytics and pre-signature contract generation and approval.

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MatterSuite

JULY 9, 2024

Best Tools for In-House Legal Teams The best tools for in-house legal teams are designed to streamline various aspects of legal operations, from contract management to e-discovery. Contract Management Solutions Legal AI tools like Kira Systems and Luminance are leading the way in contract management.

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MatterSuite

JULY 9, 2024

Best Tools for In-House Legal Teams The best tools for in-house legal teams are designed to streamline various aspects of legal operations, from contract management to e-discovery. Contract Management Solutions Legal AI tools like Kira Systems and Luminance are leading the way in contract management.

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3 Geeks and a Law Blog

OCTOBER 23, 2023

The guests offered advice to law students and lawyers looking to learn about and leverage legal tech. So I practiced law for many years, almost a decade. And so what I wanted to do initially, was actually build a very specific niche tool for domestic violence law in California. Can you share that story with our listeners?

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MatterSuite

JUNE 18, 2023

However, it has evolved into a multidimensional function, encompassing various areas such as technology, project management, and data analytics. They possess a unique blend of skills, including project management , communication, process improvement, and technology proficiency.

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Dewey B Strategic

FEBRUARY 12, 2024

The American Association of Law Libraries is seeking nominations for the 2024 Product of the year award. Law librarians are not just using Legal Research products they are using general applications such OpenAI, Claude, CoPilot. Analytics products continue to morph and there were new products from Lex Machina and Pre/Dicta.

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Bigfork Tech

AUGUST 19, 2024

Contract Lifecycle Management (CLM) platforms are proving to be a game-changer for legal departments and law firms, transforming how they handle agreements and streamlining operations in ways that were once considered the stuff of fantasy. Scalability and Flexibility As legal teams grow, so do their contract management needs.

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Clio

MARCH 19, 2024

It encompasses a variety of activities that do not require a license to practice law, such as strategic planning, project management, financial management, and technology implementation and management. Why is legal operations important? This frees up attorneys to focus on high-value activities.

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Legal Tech Monitor

FEBRUARY 12, 2024

The American Association of Law Libraries is seeking nominations for the 2024 Product of the year award. Law librarians are not just using Legal Research products they are using general applications such OpenAI, Claude, CoPilot. Analytics products continue to morph and there were new products from Lex Machina and Pre/Dicta.

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LawSites

AUGUST 2, 2022

ZenCase is a Next Generation, Cloud-Based Law Practice software that makes everyone’s job in the firm easier, no matter the size. Developed by attorneys for law firms. LexWorkplace provides cloud-based, matter-centric document and email management for law firms of 5–50 users. RazorLex , RazorCube and Razor365.

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LawSites

SEPTEMBER 1, 2021

Onit says that the acquisition “creates the most complete enterprise legal management solutions on the market, allowing corporate legal departments to evolve analytics into actionable intelligence to optimize outside counsel spend.” Analytics and Benchmarking. ” Terms of the deal were not disclosed.

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Clio

MARCH 25, 2024

Understanding the intricacies of law firm economics is crucial for a firm’s long-term success and profitability. By gaining a deeper understanding of law firm finances and what it takes to sustainably grow a legal practice, law firms can make informed decisions and navigate the challenges of the legal industry with confidence.

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MatterSuite

SEPTEMBER 2, 2024

Risk Management : Identifying potential legal risks and implementing strategies to mitigate them, ensuring the company remains compliant with relevant laws and regulations. The ideal candidate will have a deep understanding of corporate law, risk management, and corporate governance.

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MatterSuite

NOVEMBER 9, 2023

The convergence of law and technology is reshaping the practice of law, and it’s doing so at a breathtaking pace. This question lies at the heart of our exploration as we delve into the realm of ‘Legal Tech for Law Schools: How to Prepare Law Students for the Future of the Legal Profession.

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MatterSuite

OCTOBER 7, 2024

10 Key Predictions for Future of the Legal Function Here are the top 10 predictions for 2025 in legal industries that can help you and your law firms. Automation tools will be helpful for both law firms and in-house legal teams. Using compliance management software is the latest law trend, and it is here to stay.

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MatterSuite

MAY 16, 2023

In today’s complex legal landscape, the role of legal operations managers has become increasingly critical. These professionals play a pivotal role in law firms and legal departments by overseeing and optimizing various aspects of operations. According to a McKinsey survey , organizations that effectively manage change are 1.9

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