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Managing Legal Risks: Strategies for In-House Legal Counsel

MatterSuite

Establish Strong Contract Management Processes To mitigate legal risks, it is essential to have robust contract management processes in place. In-house legal counsel should oversee the drafting, review, and negotiation of contracts to ensure compliance and minimize legal vulnerabilities.

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Managing Legal Risks: Strategies for In-House Legal Counsel

MatterSuite

Establish Strong Contract Management Processes To mitigate legal risks, it is essential to have robust contract management processes in place. In-house legal counsel should oversee the drafting, review, and negotiation of contracts to ensure compliance and minimize legal vulnerabilities.

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Launching Today: Traact Is An All-in-One, ‘Tech First’ Platform for Managing Corporate Legal Functions

LawSites

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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Everything You Should Know About AI Legal Tech

Percipient

Their tailored onboarding process and collaborative feedback loop make it a standout choice for organizations looking for accuracy, efficiency, and a partner in their contract management process. Best Features Tailored onboarding: Customizes the AI model based on your organizations contract standards, clauses, and preferences.

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Launching Today: Traact Is An All-in-One, ‘Tech First’ Platform for Managing Corporate Legal Functions

Legal Tech Monitor

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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Embracing Human-Tech Interoperability

Colin S. Levy

For example, a law firm could start by integrating AI tools into its research department and gradually extend their use to contract management and client interactions. Similarly, a corporate legal department could test an automated contract management system on a limited number of contracts to gather feedback and improve the system.

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Software Substitutes for Lawyers

The Law Product Makers blog

New Smart Legal Software Applications from Legal Start-Ups A group of new companies enables intelligent analysis of contracts and “Smart” contract management. Here is a list of some of these disrupters: Diligen – Automated Legal Due Diligence LawGeex – A.I.