Percipient

MARCH 18, 2025

Instead of spending hours sifting through documents, these tools use AI to flag key clauses, spot risks, and speed up approvals. Heres how it typically works: Upload the contract : Drag and drop a PDF, Microsoft Word file, or scanned document. Some tools pull files directly from your document management system. That takes hours.

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Software Due diligence Machine learning e-discovery 52

LawSites

JUNE 1, 2021

Integrated with HighQ, the collaboration and workflow platform Thomson Reuters acquired in 2019, HighQ Contract Analysis is designed for attorneys to use in transactional due diligence, compliance review and contract investigations. It can be used to analyze contracts in bulk or to review a single document.

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Machine learning Intellectual Property Due diligence Compliance 145

Martindale-Avvo

MARCH 4, 2025

You might have to summarize documents, including contracts, and identify key areas for revision or review. You might also participate in due diligence for pending contracts and mergers, and work on discovery for litigation. Remember to document what happened and to raise your concerns.

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LawSites

JUNE 8, 2021

The service will provide transaction management, due diligence and documentation support to deal teams. Checklist maintenance, signatures, centralized coordination, document routing, and closing set assembly. Due diligence. Maintaining the due diligence questionnaire and the review of underlying documents.

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Law firm Due diligence Law Law 98

Clio

DECEMBER 13, 2024

It uses advanced machine learning to extract insights from documents and break down complex tasks into manageable workflows. With Hebbias collaborative AI interface, Matrix , users can quickly extract insights from, structure, and analyze large volumes of documents while collaborating with the AI in real-time.

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Due diligence Legal AI Lawyer Machine learning 96

MatterSuite

JUNE 19, 2023

An RFP is a formal document used by organizations and companies to invite vendors for corporate projects. These documents detail the work scope, specific legal services needed, project timelines, evaluation criteria, and proposal submission instructions. They do so to submit proposals for legal services.

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Law firm Due diligence Compliance Law 97

Percipient

MARCH 17, 2025

Instead of manually reading through pages of legal text, this software: Scans documents Identifies important terms Flags risks Speeds up decision-making If youve ever had to dig through a contract to find a specific clause or check for potential risks, you know how frustrating and time-consuming it can be.

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Software Time-tracking Contract management Compliance 52

Debevoise Data Blog

JANUARY 30, 2025

Key elements of the required ISP include multi-factor authentication (MFA), encryption, asset inventory, written documentation, and vulnerability and patch management. The risk assessment will consist of assessing and documenting any risks to the security, confidentiality, or integrity that could result in the compromise of personal data.

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Due diligence Compliance Software Attorney 52

Lawmatics

NOVEMBER 7, 2023

Yes, legal software typically includes AI tools that legal professionals can use to create legal documents. AI supports the review of large volumes of electronically stored information (ESI) such as documents, emails, social media content, and other digital data. Due diligence. How is AI Used in Legal Technology?

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Client Intake Due diligence Legal advice Analytics 59

3 Geeks and a Law Blog

FEBRUARY 22, 2023

Marlene Gebauer 12:06 So Jan, you’ve written about how AI can be used to improve the due diligence process for m&a deals. So, you know, there’s a lot of AI tools out there for m&a due diligence right now. So how do you see AI tools, sort of improving the due diligence process for attorneys?

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Due diligence Law firm Criminal defense lawyer Time-tracking 130

CEE Legal Tech

JANUARY 20, 2023

One is by providing automated legal research and document generation, which can save time and improve accuracy. Another is by using natural language processing to analyze legal documents and extract relevant information, which can be useful for contract review and due diligence.

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Due diligence Machine learning Legal advice Legal research 100

CaseFox

MARCH 30, 2023

A survey by Altman Weil found that 62% of law firm leaders believe that technology will replace human lawyers for certain tasks, such as document review and due diligence. The role of judges in the judicial system is to make impartial decisions based on the evidence presented in court.

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Judge Due diligence Court Law firm 98

Clio

SEPTEMBER 18, 2024

Legal documents Creating contracts and other legal documents manually from templates is tedious and time-consuming for legal professionals. Legal chatbots free up a lawyer’s time by automating and generating contracts, NDAs, and other types of legal documents using keyword detection.

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Lawyer Legal chatbot Client Intake Due diligence 98

NSLT

AUGUST 22, 2017

Read the Article: Here Learn More About eBrevia: Here

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Due diligence Machine learning Software 40

NSLT

AUGUST 22, 2017

Read the Article: Here Learn More About eBrevia: Here

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Due diligence Machine learning Software 40

Attorney at Work

JUNE 4, 2022

When you cannot email certain documents due to their size, you might be turning to services like Dropbox, Microsoft OneDrive and Google Drive for easy file storage and sharing — they’re all cloud-based. You just need to take reasonable due diligence to know it is secure. Due Diligence.

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Due diligence Lawyer Court Attorney 98

Percipient

JANUARY 20, 2025

Whether its processing massive amounts of legal documents, analyzing data, or drafting basic agreements, Legal AI handles the groundwork so legal practitioners can focus on their expertisegiving advice, building strategies, or solving client problems. What makes it so useful is how accurate and consistent it is.

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Legal tech Legal tech Machine learning e-discovery 52

Clio

FEBRUARY 21, 2025

From contract drafting to due diligence and deal efficiency, AI helps lawyers complete transactional legal tasks faster and more efficiently. You can use Clio Duo, your legal AI partner built into Clio Manage, to ask about documents, generate summaries, and much more. Book a Clio Duo demo today!

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Due diligence Legal research Law firm Practice management 52

Lawyerist

APRIL 19, 2024

ShareFile is well known for secure document sharing and external collaboration capabilities. Built on that strong foundation, the newest ShareFile for legal innovations give law firms the power to create unparalleled document and client-centric efficiencies. ShareFile notifies you of newly received documents.

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Due diligence Time-tracking Estate planning Law firm 72

LawSites

AUGUST 10, 2021

Meanwhile, as part of the overall transaction, Kira will spin off a new company, Zuva, which will continue to develop machine learning technology for business documents and that will focus on delivering tools that enable businesses to know what is in their contracts. Waisberg will serve as a strategic advisor to Litera.

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Machine learning Legal AI Due diligence Software 105

Debevoise Data Blog

MAY 1, 2022

The Risk Alert observed in particular that advisers did not have policies and procedures addressing “red flags about the sources of such alternative data.” Failure to demonstrate via documentation consistent implementation of policies and procedures related to alternative data service providers throughout the lifecycle of the data.

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Due diligence Failure-to-appear Compliance Law 52

LawSites

APRIL 22, 2022

Under his watch, Litera has grown global users by over 1,500%, annual revenue by 1,200%, and headcount from 85 employees to over 850 worldwide.

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Intellectual Property Due diligence Legal tech Legal tech 98

Percipient

NOVEMBER 24, 2021

In short, lawyers must observe their long-standing ethical obligation to preserve client confidence and conduct due diligence into any service or vendor used to store client information. Other states describe a lawyer’s duty when choosing SaaS and cloud computing services as one of “due diligence.”

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Due diligence e-discovery e-filing Attorney 52

CaseFox

MAY 30, 2023

Secure document management and collaboration platforms provide a controlled environment for sharing and accessing sensitive documents. Assessing third-party security risks, conducting due diligence, and establishing robust contract management processes are vital steps in mitigating these risks.

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Law firm Data protection Law Law 98

MatterSuite

JULY 4, 2023

AI-powered algorithms can sift through vast volumes of legal documents, case law, and regulations, delivering faster and more accurate results. Contract Analysis and Due Diligence: AI technologies, such as natural language processing (NLP), have made significant strides in automating contract analysis and due diligence processes.

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LawSites

FEBRUARY 7, 2023

These can vary but may include lists of core documents, a bidder tracker if there are multiple bidders, warranty disclosure exercises. These could be matters you’re hosting yourself or that somebody else on the platform has invited you to. and the like. ” “Managing legal projects is hard work,” Seale said.

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Due diligence Law firm Lawyer Software 98

MatterSuite

JULY 31, 2023

This involves establishing protocols for responding to regulatory inquiries, assembling necessary documentation, and coordinating with relevant departments. Conduct Due Diligence for Mergers and Acquisitions In the context of M&A in-house, legal counsel plays a critical role in identifying and managing legal risks.

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Due diligence Intellectual Property Compliance Data protection 52

MatterSuite

JULY 9, 2023

This involves establishing protocols for responding to regulatory inquiries, assembling necessary documentation, and coordinating with relevant departments. Conduct Due Diligence for Mergers and Acquisitions In the context of M&A in-house, legal counsel plays a critical role in identifying and managing legal risks.

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Due diligence Intellectual Property Compliance Data protection 52

LawSites

SEPTEMBER 29, 2021

Seven weeks ago, as Litera announced its acquisition of Kira Systems , the pioneering AI contract analysis company, Kira announced the spin off of a new company, Zuva , to continue developing machine learning technology for business documents. “There are tons of different workflows,” Waisberg explained.

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Machine learning Due diligence Law firm Lawyer 69

MatterSuite

AUGUST 28, 2023

The Need for Speed and Precision The legal realm deals with complex documentation and research demands. AI algorithms swiftly analyze extensive legal data, aided by NLP for document comprehension, case law identification, and contract insight extraction. It also underscores the role of legal tech.

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Debevoise Data Blog

NOVEMBER 21, 2024

Documentation : The results of any model testing, calibration, validation, and ongoing review should be documented. Data Quality : LCs are expected to also ensure the quality of the data used to train an LM, including identifying and mitigating biases that may have had a material impact on the LC’s use cases.

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Compliance Due diligence Law Law 52

Legal Tech Monitor

AUGUST 15, 2023

Now Kira, which was acquired in 2021 by Litera , is employing the newest wave of generative AI to help legal professionals accelerate the process of due diligence and other forms of contract reviews. Based on these smart fields, Kira’s technology identifies and extracts common clauses and data points from contracts and other documents.

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Due diligence Machine learning Software Law firm 52

LawSites

AUGUST 15, 2023

Now Kira, which was acquired in 2021 by Litera , is employing the newest wave of generative AI to help legal professionals accelerate the process of due diligence and other forms of contract reviews. The summary appears in the worksheet tab.

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Due diligence Machine learning Software Law firm 52

3 Geeks and a Law Blog

JULY 11, 2023

Leib notes SessionGuardian’s solution addresses risks beyond eDiscovery and source code review, including data breach response, M&A due diligence, and outsourced call centers. This basically sharing sensitive documents on extra debts with outside parties. To be honest, there was pushback. So I definitely think data.

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Law firm Time-tracking Due diligence Attorney 189

Martindale-Avvo

AUGUST 24, 2023

To Review Electronic Evidence Sometimes private investigators are hired to review electronic evidence, like computer documents, audio and voice files, and emails. To Investigate the Other Party In cases requiring due diligence, a lawyer may hire a private eye to conduct a background check and investigation of the party.

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Lawyer Intellectual Property Criminal Defense Time-tracking 98

Lawmatics

DECEMBER 19, 2023

Legal AI tools can significantly enhance law firm efficiency by rapidly analyzing document sets, automating workflows, and knocking out tedious tasks. Generative AI tools pose the highest risk, especially when producing sensitive legal documents. Training data and algorithms should be meticulously examined for quality and bias.

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Due diligence Paralegal Law Law 52

Technically Legal

JANUARY 10, 2018

In this episode, we speak with Kent Zimmermann about the rise of alternative legal service providers--companies that help clients and attorneys accomplish legal related work such as document review for electronic discovery, or due diligence contract review for corporate mergers and acquisitions.

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