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At The TLTF Summit, It Was All About Making ‘Who Luck’ Happen, To Drive the Future of Legal Tech

Above the Law - Technology

A group of us were in the hotel bar, stridently debating whether an alternative business structure, licensed under Arizona’s liberalized legal regulatory scheme, could deliver legal services in other states. Those engaged in the debate included a leading authority on ABS licensing in the U.K., Could they Do It Again?

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Everything You Should Know About AI Legal Tech

Percipient

Its also super handy for spotting legal risks early, especially in compliance, so you can deal with issues before they get out of hand. What Are The Benefits of Adopting AI-Powered Legal Tech? Source: Casetext.com Best Features Document drafting and summarization: Quickly creates polished drafts and concise summaries.

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The 10 Legal Tech Trends that Defined 2021

LawSites

As I survey the legal profession broadly, and the world of legal tech and innovation specifically, I see uncertainty and inertia. It is as if we are serving time in a legal tech limbo. After all, it was a good year for the legal tech industry. Overall, the legal tech industry saw unprecedented growth.

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3 Ways ALOE Relieves Pain Points Beyond Contracts

Bigfork Tech

3 Ways ALOE Relieves Pain Points Beyond Contracts Contract Lifecycle Management (CLM) solutions are often thought of solely for handling contractsdrafting, negotiating, executing, and storing them. Compliance Management Made Easy Regulatory compliance is a growing concern for businesses across industries.

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How to Introduce AI Into Your Law Firm’s Workflow (The Right Way)

Clio

While it may be tempting to skip this step, ensuring you have a bankable tech infrastructure in place will help you make the most of AIs potential at your firm. Generic and non-legal-specific AI tools can be useful for law firms in certain instances, such as brainstorming legal marketing ideas or creating first drafts.

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Gartner Predicts the Global Legal Tech Market Will Reach $50 Billion by 2027 as a Result of GenAI

Legal Tech Blog

The global legal technology market has grown significantly in recent years and generative AI (GenAI) will accelerate this growth, meaning the market will reach $50 billion in value by 2027, according to Gartner, Inc. Incorporating GenAI into these applications will only accelerate purchasing and adoption.

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What is a Legal Tech Platform?

Lawmatics

In turn, lawyers can use legal tech to automate routine tasks, work more efficiently, and devote more time to complex work. But it must be the right legal tech. The legal industry contains numerous tech solutions that address a single aspect of legal practice, e.g., document management, timekeeping, or billing.