Rocket Matter

DECEMBER 17, 2024

While they will continue to serve lawyers and law firms, modern clients demand innovation. Law firm innovation must become a foundational part of your business strategy if you want to thrive in the legal environment of tomorrow. Staying Ahead: Why Innovation Is Crucial for Law Firms There were over 1.33

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MatterSuite

JANUARY 29, 2025

ALSPs differ from traditional law firms in that they utilize software and technology to streamline contract management, document review, and legal research , which makes them faster and more effective. Their ability to streamline processes reduces the costs typically associated with hiring a law firm.

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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. Contract review software helps businesses analyze and manage contracts more efficiently.

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Percipient

JANUARY 28, 2025

In this guide, we’ll talk about what these tools are, how they can benefit your contract process, and some of the best tools you can start with. What is AI Contract Review Software? AI contract review software helps businesses and law firms save time and reduce the stress of managing contracts.

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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. Heres a surprising fact: poor contract management costs businesses up to 9.2% How Can Automation Benefit The Contract Review Process? of their revenue each year.

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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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MatterSuite

FEBRUARY 28, 2025

In contract law, a breach can be as simple as failing to make a single payment, missing a deadline, or delaying required reporting tasks. What situations lead to a contract breach? A breach of contract can only occur when there is a legally binding agreement in place, meaning that there is something to uphold and enforce.

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CEE Legal Tech

OCTOBER 10, 2021

Turkish legal system is a civil law system and laws are codified. Case law is used for interpretation. The main sources of law are the constitution, codes, international treaties, presidential decrees, regulations and by-laws. What Do Turkish Lawyers and Law Students Need? They are open to new tools.

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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 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

JULY 28, 2021

The expansion means that inhouse legal teams will be able to use Priori not only to hire lawyers to help with projects, but also to find and access “new law” and legal technology options suitable to the project. We’ve always wanted to be a highly curated, embedded list of best-in-class legal providers,” Rubin said.

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MatterSuite

JULY 9, 2024

Imagine a world where your in-house legal team can predict litigation outcomes, automate tedious document reviews, and ensure compliance with evolving regulations—all while cutting costs and boosting efficiency. 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

Imagine a world where your in-house legal team can predict litigation outcomes, automate tedious document reviews, and ensure compliance with evolving regulations—all while cutting costs and boosting efficiency. Contract Management Solutions Legal AI tools like Kira Systems and Luminance are leading the way in contract management.

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LawSites

APRIL 1, 2024

These are just some of the products available through the new online store LawLawLand , launched by the contract management company SpotDraft. The store offers “a whimsical world where contracts come with a punchline, and compliance is a cause for chuckles,” it says.

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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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MatterSuite

JUNE 12, 2023

Join us as we embark on a journey where the convergence of law and technology unveils a transformative potential. Streamlining Document Management Government legal teams deal with a vast amount of documents, including laws, regulations, policies, case files, and contracts.

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MatterSuite

JULY 29, 2023

By automating routine tasks and ensuring compliance, legal technology empowers legal professionals to focus on high-value work. Additionally, these systems often come equipped with security measures to protect sensitive information, ensuring compliance with data privacy regulations. Furthermore, update these systems in real-time.

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TechLaw Crossroads

OCTOBER 4, 2023

And while the amount of data gradually increased, for some period of time, law firms could deal with the increase by throwing more bodies at it. As the area got more complicated, law firms tried to capitalize on the gravy train by forming their own e-discovery expert teams to handle the requests. And due to the expense, often couldn’t.

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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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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

AUGUST 12, 2024

This position entails the supervision of the legal affairs of the company, adherence to the law, and the prevention of legal problems. They may have subspecialties in areas like corporate law, patent law, labor law, or regulatory law. Litigation Counsel may involve outside counsel in some instances.

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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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Legal Tech Monitor

FEBRUARY 5, 2024

Wolters Kluwer is adding a new beneficial ownership information (BOI) functionality to Legisway , the company’s SaaS legal information and contract management platform for corporate legal departments. Already, Wolters Kluwer had last month launched a BOI expert solution for filing and ongoing compliance.

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MatterSuite

SEPTEMBER 11, 2023

The Importance of Legal Certifications Expertise Validation Legal certifications provide concrete evidence of your expertise in a particular area of law. Specialization Opportunities Legal certifications often allow you to specialize in niche areas of law. Many certifications are prerequisites for senior positions.

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MatterSuite

SEPTEMBER 20, 2024

With an increasing number of companies and their growing legal challenges, especially in terms of compliance with increasingly stringent regulations, the demand for highly effective internal legal departments has increased. These teams are very important in terms of handling legal issues, compliance, and facilitating business processes.

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MatterSuite

SEPTEMBER 13, 2024

This critical position influences the legal affairs of the business and guarantees that it follows the laws and regulations of the country. Managing Compliance and Risk Mitigation: As legal authorities turn a sharper focus on the company and its business, the GC establishes structures for managing compliance issues that threaten the firm.

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Bigfork Tech

OCTOBER 15, 2024

5 Tips for Adapting to a New Normal: Key Insights for Hybrid Legal Teams and Businesses Four years since the COVID-19 pandemic and the landscape for in-house legal teams, law firms, and small businesses has transformed dramatically. Difficulty in tracking contract management stages. Compliance and reporting hurdles.

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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

JULY 31, 2023

Keeping abreast of new laws, regulations, and judicial decisions relevant to the company’s industry is crucial for managing legal risks. By staying informed, legal counsel can identify potential risks and take proactive measures to ensure compliance. In-house legal counsel should work closely with other departments.

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MatterSuite

JULY 9, 2023

Keeping abreast of new laws, regulations, and judicial decisions relevant to the company’s industry is crucial for managing legal risks. By staying informed, legal counsel can identify potential risks and take proactive measures to ensure compliance. Minimizing the potential impact of legal crises on the organization.

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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. Also: using tools to budget and track them; tech to track compliance and flag potential issues. Covington took traditional 1 to 1 law firm – client and breaking it apart.

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MatterSuite

JULY 27, 2023

World of law, where the pursuit of justice intertwines with the demands of a thriving business. For law firms to navigate the complexities of the legal landscape and emerge as industry leaders, they must harness the power of KPIs. This KPI is essential for law firms as it directly impacts revenue generation.

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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

JUNE 18, 2023

Improved Risk Management and Compliance: Through streamlined processes, legal departments can effectively identify and mitigate potential risks and ensure compliance with applicable laws and regulations. This may include tools for contract management, e-discovery, legal research, document automation, and case management.

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MatterSuite

OCTOBER 12, 2023

These teams play a pivotal role in safeguarding a company’s interests, managing risks, and ensuring compliance with laws and regulations. This involves identifying the areas of law that are most relevant to your business, such as employment law, compliance, and litigation.

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