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What are Alternative Legal Service Providers (ALSPS)?

MatterSuite

These service providers include attorneys, paralegals, and legal experts who seek to provide their clients with tailor-made solutions. 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.

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As Companies Rein In Legal Spend, They Are Bullish on Leveraging Legal Tech, Survey Says

LawSites

The survey by contract management company Lexion polled 450 inhouse legal professionals — general counsel, inhouse counsel, legal operations professionals, contract managers, paralegals and others — across various industries. Among its key findings: Too much time spent on low-value tasks.

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Evolving Legal Tech: Is Artificial Intelligence(AI) The Right Approach?

CaseFox

AI is getting proficient at assisting various legal services such as contract management, legal predictions, eDiscovery, and sooner or later courtroom hearings. Getting a virtual assistant or various tasks such as legal research, contract management, document framing is currently in trends.

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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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5 Tips for Adapting to a New Normal: Key Insights for Hybrid Legal Teams and Businesses

Bigfork Tech

Difficulty in tracking contract management stages. Law firms who collaborate on documents with multiple lawyers and paralegals find this type of tech particularly helpful for version control and transparency. Compliance and reporting hurdles. Consider the Benefits of Hybrid Models Going fully remote isn’t suitable for everyone.

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Top In House Counsel Interview Questions and Success Tips

MatterSuite

Contract Manager It is the role of the Contract Manager to write, negotiate, and administer contracts for the organization. This role is crucial in ascertaining that the contracts are developed to meet the required legal requirements and are relevant to the company’s goals.

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Embracing Human-Tech Interoperability

Colin S. Levy

Tasks traditionally handled by associates, paralegals, and other legal professionals are increasingly being delegated to efficient, tireless digital assistants and AI tools. For example, a firm that heavily invests in its partners but neglects the development of its paralegals may face operational inefficiencies and lower morale.