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.

Legal AI 52

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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.

Legal AI 52

Legal AI e-discovery Time-tracking Contract management 52

MatterSuite

JULY 29, 2023

By automating routine tasks and ensuring compliance, legal technology empowers legal professionals to focus on high-value work. Automation of Routine Tasks : Legal professionals often find themselves burdened with repetitive and automated time-consuming tasks. Legal technology offers contract management solutions.

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Legal technology Legal technology Contract management Time-tracking 52

Bigfork Tech

NOVEMBER 19, 2024

How Our Contract Lifecycle Management Platform Can Help Ease the Stress of Work During Stressful Times Life can feel overwhelming at times. Work can often add to the pressure, leaving you feeling like you’re always chasing deadlines, managing projects, or keeping track of endless paperwork.

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Time-tracking Contract management Compliance Software 52

MatterSuite

JULY 27, 2023

Tracking billable hours helps assess the productivity and utilization of lawyers and enables accurate billing to clients. Turnaround Time: Turnaround time measures the speed at which legal tasks or projects are completed. It is particularly important for time-sensitive matters, such as contract reviews or court filings.

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Bigfork Tech

DECEMBER 2, 2024

5 Reasons to Be Thankful for ALOE: Transforming Contract Lifecycle Management As the season of gratitude rolls in, there’s no better time to reflect on what makes your professional life easier, smoother, and more efficient. ALOE automates these time-consuming processes, freeing you up to focus on higher-value tasks.

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Document storage Time-tracking Compliance Contract management 52

Ron Friedmann

JUNE 17, 2020

Also: using tools to budget and track them; tech to track compliance and flag potential issues. De-Prioritization: we have to give permission to give lawyers time to work on all this. And we needed, at the same time, to build an infrastructure for longer term scalability. HiveMind is a prototype.

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MatterSuite

FEBRUARY 6, 2024

Compliance with Evolving Regulatory Standards The legal landscape is marked by constantly evolving regulatory standards and compliance requirements. This structured storage system ensures that documents are readily accessible and systematically arranged, reducing the time spent searching for critical information.

Legal technology 52

Legal technology Legal technology Law firm Time-tracking 52

MatterSuite

FEBRUARY 6, 2024

Compliance with Evolving Regulatory Standards The legal landscape is marked by constantly evolving regulatory standards and compliance requirements. This structured storage system ensures that documents are readily accessible and systematically arranged, reducing the time spent searching for critical information.

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MatterSuite

JUNE 18, 2023

By optimizing workflows and eliminating inefficiencies, organizations can experience: Increased Efficiency and Cost Savings: Streamlining legal processes allows legal departments to handle matters more effectively, resulting in reduced cycle times and increased productivity.

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Analytics Time-tracking e-discovery Contract management 52

Bigfork Tech

OCTOBER 15, 2024

These tools have proven vital in ensuring continuity and efficiency during challenging times. Difficulty in tracking contract management stages. Compliance and reporting hurdles. Navigate the Challenges of Hybrid Work While many firms have adopted cloud solutions, hybrid work poses unique challenges.

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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. Litigation Oversight : Managing any litigation or disputes the company is involved in, working with external counsel when necessary.

Contract management 52

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Bigfork Tech

OCTOBER 24, 2022

Contract lifecycle management (CLM) automates and streamlines contract processes during key stages. These stages include intake, authoring, process and workflow, negotiation and approval, repositories, execution, ongoing management and compliance, and contract renewal.

Time-tracking 52

Time-tracking Compliance Legal software Legal software 52

Bigfork Tech

JUNE 25, 2024

From assigning projects to tracking contract lifecycles, this feature not only saves time but also enhances productivity by reducing manual intervention. Teams can monitor progress via a collaborative workspace and intuitive dashboard, allowing for real-time updates on project statuses.

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Contract management Time-tracking Software Data protection 52

MatterSuite

OCTOBER 7, 2024

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. These tasks are time-consuming and limit the ability to produce high-quality work.

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Compliance Legal tech Legal tech Analytics 52

AXDRAFT

FEBRUARY 17, 2023

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?

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Time-tracking Contract management Analytics Failure-to-appear 52

Legodesk

FEBRUARY 15, 2022

It can improve communication between lawyers and clients, reduce the time spent on administrative tasks, and allow you to focus on more important matters. In addition, automating your workflow can help you to better keep track of deadlines, manage files, and coordinate negotiations.

Law firm 52

Law firm Time-tracking Law Law 52

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. Integrate compliance efforts effectively into the company’s operations.

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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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Simple Legal

DECEMBER 7, 2022

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.

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Time-tracking Compliance Contract management Legal tech 52

Rocket Matter

DECEMBER 17, 2024

For example, the Rocket Matter legal customer relationship management (CRM) platform offers robust analytics tools that help you track client interactions and performance metrics. For example, automating a redundant task could leave your team with more time to answer questions, respond to emails, or schedule consultations.

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AXDRAFT

JANUARY 20, 2023

Got no time to read? Other Challenges CLM Can Resolve for SaaS Companies Contract management has different challenges, and security is not the only area that contract lifecycle management solutions can help with for SaaS. Losing track of data The more clients you have, the more information you need to track.

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Time-tracking Contract management Software Analytics 52

Simple Legal

FEBRUARY 15, 2023

Plus, you don’t have to waste precious time creating training materials in-house. The learning resources from your tech provider can be combined with your own internal knowledge management strategy — so your team can access a robust library of resources to get the most out of your legal ops software. Growth is slow but steady.

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Time-tracking Legal tech Legal tech Machine learning 55

Bigfork Tech

AUGUST 6, 2024

If you haven’t been tracking metrics, start with basic data, such as the number and types of contracts, contract values, and turnaround times. Start with a simple spreadsheet, and as your department evolves, consider using tools like ALOE for real-time reporting. Risk Management. Governance and Compliance.

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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.

Legal tech 52

Legal tech Legal tech Contract management e-discovery 52

Legal Tech Monitor

MAY 17, 2023

First, see the CLOC-related news I’ve already published: Now here are other announcements that have come out of CLOC: Agiloft Partners with Mitratech Agiloft , the contract lifecycle management (CLM) platform announced a new partnership with Mitratech , a global provider of legal, compliance, and HR software.

Legal tech 52

Legal tech Legal tech e-discovery Contract management 52

Bigfork Tech

SEPTEMBER 9, 2024

Legal professionals can benefit significantly from applying project management techniques to their IP-related tasks. Traditionally, project management experts rely on a range of tools and software to keep track of deadlines, timelines, and projects.

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Colin S. Levy

JUNE 5, 2024

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.

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MatterSuite

APRIL 2, 2024

Imagine your legal team as the backbone of your organization, responsible for ensuring compliance, mitigating risks, and driving strategic initiatives forward. By streamlining workflows and reducing unnecessary steps, you can not only save time and resources but also improve the quality of your work.

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Document management Document storage Time-tracking Software 52

AXDRAFT

MARCH 3, 2023

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.

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Time-tracking Software Contract management Lawyer 52

Colin S. Levy

DECEMBER 19, 2023

Tariq Akbar is the CEO of LegalEase Solutions , which offers corporate legal departments and law firms innovative support with regulatory compliance, contract life cycle management, legal analytics, legal research and legal writing. Colin Levy (CL): Tell me a little about how you got interested in the contract management space.

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3 Geeks and a Law Blog

MAY 12, 2023

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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LawSites

MARCH 23, 2023

As has been the case for several years, e-discovery and contract-management companies dominated the news coming out of Legalweek. ” It said the upgrade includes many new customer-driven features that address the increasing requirements of both corporate and government users for litigation, investigations, and compliance.

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Legal Tech Monitor

MARCH 23, 2023

As has been the case for several years, e-discovery and contract-management companies dominated the news coming out of Legalweek. It said the upgrade includes many new customer-driven features that address the increasing requirements of both corporate and government users for litigation, investigations, and compliance.

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MatterSuite

MAY 16, 2023

According to the “ 2019 CLOC State of the Industry Survey, ” 63% of legal operations professionals reported using Agile or Lean methodologies to manage legal projects. Additionally, leveraging project management software allows legal operations managers to track progress, allocate resources effectively, and mitigate risks.

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Analytics e-discovery Software Time-tracking 52

Colin S. Levy

MARCH 7, 2023

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 – Contract Management. One could credibly make similar statements about e-Discovery tools, e-billing and time tracking, etc.

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Colin S. Levy

JANUARY 29, 2024

After taking the time and effort to study the case and make a visualisation that is helpful to me, why do I go back to my keyboard and start typing, forcing the recipient of my communication to do the same thing? After all, it can write code, create APIs faster than ever and AI in general creates a sense of urgency - FOMO.

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