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Leveraging Litigation Analytics Litigation is data-intensive, and making sense of this data is crucial for managing risks effectively. GCs and their teams should begin by gathering and analyzing historical litigation data, not as a one-time exercise but as an ongoing practice.
This is a live blog post of Microsoft’s Trusted Advisor Forum on Innovation webinar on 17 June 2020. Also: using tools to budget and track them; tech to track compliance and flag potential issues. See Jason’s blog post at Legal Evolution for background on his. I post this as the session ends.
But here’s the question: How can technology empower these teams to make a genuine difference, far beyond simply keeping up with the times? Traditional paper-based systems can be time-consuming, inefficient, and prone to errors. And enabling government legal teams to navigate high-stakes challenges.
Evisort’s bespoke LLM will be a key component of the company’s new, multi-faceted generative AI engine, combining third-party and proprietary technology to bring unparalleled innovations to contractmanagement. Der Beitrag Evisort Creates First LLM for Contracts and Launches New AI Engine erschien zuerst auf Legal Tech Blog.
From marketing and client acquisition to timemanagement and billing practices, this podcast provides actionable insights. “ The Productive Woman ” podcast offers practical strategies for enhancing productivity, managingtime effectively, and finding work-life harmony. These audio shows are convenient.
From marketing and client acquisition to timemanagement and billing practices, this podcast provides actionable insights. “ The Productive Woman ” podcast offers practical strategies for enhancing productivity, managingtime effectively, and finding work-life harmony. These audio shows are convenient.
This blog explores the benefits of leveraging legal technology and how it can revolutionize the way legal departments function. Automation of Routine Tasks : Legal professionals often find themselves burdened with repetitive and automated time-consuming tasks. Legal technology offers contractmanagement solutions.
Got no time to read? Listen to our blog on the go Cybercriminals don’t have to be great hackers. Other Challenges CLM Can Resolve for SaaS Companies Contractmanagement has different challenges, and security is not the only area that contract lifecycle management solutions can help with for SaaS.
Regardless of the industry, there are always two sides to every deal, and you’ve likely been on both at one time or another. Consequently, the way you manage both sell-side and buy-side contracts directly impacts the success of your business. New to contracting?
Investing time and energy into this improved collaboration will support the overall health and success of the business and demonstrate the value of legal ops. When finance and legal are proactive and keep legal budgets on track, both teams can better support the financial health of the organization. For sales, time is money.
As we approach 2025, it’s time to sit and evaluate legal trends for the upcoming year. To save you time and hassle we have created a list of 2025 predictions aka legal industry trends that will be dominating in the industry for upcoming years. Let’s dive in and explore more about it further in the blog.
These teams play a pivotal role in safeguarding a company’s interests, managing risks, and ensuring compliance with laws and regulations. In this blog, we will explore the key steps to build a strong in-house legal team that can effectively support the organization. Scalability As businesses grow, their legal needs expand.
Rather than rightsizing, legal practices should focus on equipping the right people with the right skills for the right tasks at the right time. Imagine a scenario where an associate uses an AI tool to conduct comprehensive case law research in minutes rather than hours, providing more time for client strategy sessions.
In today’s complex business environment, managing legal risks has become a critical aspect of corporate governance. This blog post explores strategies for in-house legal counsel to manage legal risks effectively and safeguard the interests of organizations.
In today’s complex business environment, managing legal risks has become a critical aspect of corporate governance. This blog post explores strategies for in-house legal counsel to manage legal risks effectively and safeguard the interests of organizations.
Lawyers will be able to spend less time on low-value tasks. At the same time, business units probably won’t be keen on assuming certain legal duties. Still, when it comes to contracting, how fast your work gets done depends on how fast contracts are processed. All company operations are based on contracts.
There is an opportunity for legal operations to grow during these times and figure all this out. Personally as a people manager, I always have to think about team development. The legal ops role has changed so much over time. Stay in the know We’d like to thank LaTrece for taking the time to chat with us!
To excel in their role, successful legal operations managers need to possess a specific set of skills that enable them to navigate challenges, drive efficiency, and deliver exceptional results. According to a McKinsey survey , organizations that effectively manage change are 1.9
All of these activities have a time and place within a broader innovation strategy, but none of them replace a meaningful and fulsome plan. Take an area you know well, Colin – ContractManagement. One could credibly make similar statements about e-Discovery tools, e-billing and timetracking, etc.
Legal writing: Offer legal writing services such as drafting contracts, legal briefs, demand letters , or do some legal content writing for website blogs and other publications. For example, if you’re still using spreadsheets and manually managing invoices, how much non-billable time does this take up a week?
It's about time! Since it's online, you can work with your clients on the same board in real-time. I also recommend using a project management tool like Trello, Notion or Asana. I recommend using any kind of project management tool internally and with clients (or even have a full client portal). Many lawyers do this.
Nathan Walter has been instrumental in creating BriefPoint.ai, a tool designed specifically for lawyers to eliminate the mundane and time-consuming aspects of law practice. Bridget’s work is critical in crafting an interface that enables lawyers to accomplish more work in less time, truly maximizing the benefits of AI integration.
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