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According to the 2025 In-House Legal Budgeting Report from Axiom and Wakefield Research, 96% of general councils said they expect “AI will meaningfully reduce costs within their legal department.” As we step into 2025, we’ll continue to experience technological evolution at an unprecedented pace that will reshape how law firms operate.
To understand the challenges legal teams face, our friends at LegalOn surveyed 286 GCs, in-house counsels, contract managers, and legal operations professionals to understand the challenges legal teams face. Legal teams spent an average of 188 working days on contract review last year. The post Overwhelmed By Contracts?
The companies committed to maintaining the workers’ accommodation in hotels until their employment contracts were terminated. Additionally, the contractor will cover return trip expenses for seven workers set to return to China on January 1, 2025.
Last week, the second installment of The General Counsel Report 2025 dropped. Turning contracts and getting deals done faster matters. Contract redlining? This might seem like a small shift, but it hits differently than “we’re investing in AI which will soon do everything for you.” E-discovery grunt work?
HCCH Monthly Update: March 2025 Membership On 5 March 2025, Rwanda deposited its instrument of acceptance of the Statute, becoming the 92 nd Member of the HCCH. Conventions & Instruments On 1 March 2025, the 2005 Choice of Court Convention entered into force for North Macedonia. More information is available here.
She further claimed that her dismissal came about earlier this January after she began investigating evidence of inflated contracts for private clinic surgeries. Relatedly, Alberta Health Services has paused contracting for the surgical facilities under review.
The UK’s labor government announced Tuesday that it will end the Bibby Stockholm barge contract as of January 2025. The decision not to renew the contract is part of the government’s strategy to clear the asylum backlog and reform the asylum system. This will accordingly contribute to the expected £7.7
by 10 January, 2025 with the email subject clearly marked Submission Proposal Special Issue JSDP PIL and Sustainable Development in Africa. Proposals will be reviewed by the editors and selected participants will be informed by the end of January 2025. These are all themes that can be explored from a sustainability perspective.
Contract terms: Is there a minimum commitment period? The post 4 Best Law Firm Answering Services for 2025 appeared first on MyCase. Are they included in a competitors plan with no added fees? Plan customization: Do they offer custom pricing and plans? Do you have the flexibility to change plans as your law firm grows?
During the LexisNexis briefing, I learned about Protg, their new generative AI assistant, which is designed to automate up to 20% of legal work — everything from drafting to clause analysis — by pulling directly from embedded DMS and contract data.
If a tribe chooses to utilize its own services, the tribe enters into a self-determination contract to ensure services formerly provided by the IHS are now provided by the tribe. For fiscal year 2025, the IHS budget was increased by 16 percent, or $1.1 This also leaves gaps in funding that would be used to operate healthcare programs.
In 2025, were investing further to enhance these capabilities within the LawVu legal workspace, leveraging AI to drive even greater efficiency for in-house legal teams. Gartner, Market Guide for E-Billing and Matter Management Technology, By Weston Wicks, Ron Friedmann, 17 February 2025. and/or its affiliates in the U.S.
This plan is set to be in place until the end of 2025. Moreover, antitrust enforcement in technology has been very active, with companies like Alibaba accepting substantial fines by regulatory authorities and Tencent being forced to relinquish exclusivity contracts.
With a phenomenal upward trend over the last decade, the contract management industry has evolved into a critical business-shaping legal function. Global enterprises needed to craft new contract structures to match the rapid and dynamic nature of the businesses. By 2025, the contract management market is estimated to grow at a 12.3%
Contract lifecycle management (CLM) has become a hot topic in the legal space; a must-have solution for CXOs looking to get a handle on their legal agreements. Given the shift in legal automation, the adoption and implementation of contract management solutions are gaining significant ground.
the percentage of in-house legal budgets spent on technology is expected to increase threefold by 2025 from 2020 levels as legal departments “increase spending on technology to reduce the dependency on outside counsel, address COVID-19, and satisfy a long-overdue need to modernize, digitize and automate legal work.”.
” However AusTender reported that the Albanese Government has contracted the US private prison company Management and Training Corporation (MTC) until September 2025 to hold refugees on Nauru, costing AU$422 million.
The contract negotiation process between providers and payers is now more complex than ever, according to Baptist Health CEO Michael Mayo. The post The New Reality of Hospital-Payer Contracts: How Baptist Health Negotiated with Florida Blue appeared first on MedCity News.
Tauranga, 26 February 2025 LawVu, the leading legal workspace for in-house legal teams, has reaffirmed its commitment to transforming legal spend management and e-billing with significant new investments and innovations.
Ibhais was soon removed from his position, accused of fraud over a contract tender, and sentenced to five years in prison. However, his sentence includes a fine, and failure to pay it could delay his release until April 2025. In September 2021, Ibhais reached out to FIFA through its online whistleblowing platform.
8, 2025), the plaintiff and the defendant were brothers who ran several companies as a family business before their relationship deteriorated. The plaintiff eventually sued the defendant for breach of contract, intentional interference with business relationships, conversion, and other claims. In Grubb v. Grubb , No.
Superintendent of LAUSD Alberto Carvalho said of the protest, “We remain ready to return to negotiations with SEIU Local 99 so we can provide an equitable contract to our hardworking employees and get out students back in the classroom.” At this time, SEIU Local 99 is no longer negotiating with LAUSD.
Contract lifecycle management (CLM) has become a hot topic in the legal space; a must-have solution for CXOs looking to get a handle on their legal agreements. Given the shift in legal automation, the adoption and implementation of contract management solutions are gaining significant ground.
At Husch Blackwell, we have focused on end-to-end project efficiency in building and deploying our in-house AI tools, said Blake Rooney, the firm’s chief information officer.
Thomale: Ipso facto clauses in cross-border cases (German) Ipso facto clauses or bankruptcy clauses present a controversial problem to both contract law and insolvency law. Special attention is given to anticipatory ipso facto clauses , cancelling the contract before the opening of insolvency proceedings.
During the opening of the 2024-2025 congressional term, Petro also stressed that his administration would reintroduce the health reform bill and pursue changes to labor laws.
For example, instead of a CEO pitching a new AI contract review tool, SXSW might feature a discussion between a tech founder, a law professor, and a privacy advocate about the impact and ethical implications of AI-driven decision-making. And thats just the first day.
Presently, were paying close attention to the transformative trends reshaping in-house legal teams highlighted in the 2025 In-house Legal Trend Report from legal leaders in the InView community. It’s a catalyst for change in the legal sector, and a trend that is impacting legal teams in multiple ways.
Whether it’s contracts, deeds, agreements, invoices, letters, wills, policies,, they all require a decent amount of work and time to generate, review, and process. Law firms can use automation to draft contracts, invoices, purchase agreements, leases, licenses, and more. Managing these documents is an essential but time-consuming task.
In our forthcoming Spring 2025 publication, Fighting the Hypothetical: Why Law Firms Should Rethink the Billable Hour in the Generative AI Era, [1] we hypothesize that Generative AI (GenAI) technology will change forever how legal services are delivered and will force law firms to re-engineer their legacy economic model. 3] See [link]. [4]
had to deal with the extraterritorial effect of so-called US secondary sanctions on contracts to which German law is applicable. Faced with such a scenario in UniCredit v RusChem, the UK Supreme Court strengthened the protective role of the English courts over contracts governed by English law that contain arbitration agreements.
In Association of Contracting Plumbers of The City of New York, Inc. On March 18, 2025, Judge Ronnie Abrams dismissed the lawsuit with prejudice , penning an opinion that upholds Local Law 154 as a valid exercise of local authority beyond the purview of EPCAs preemption clause.
Examples include scheduling and attending appointments and meetings, maintaining client relationships, and completing your day-to-day legal tasks, such as performing due diligence, drafting contracts, preparing for trial, and other billable hour tasks. Download the Checklist Now Ready to switch?
The Choice of Court Convention will enter into force for Switzerland on 1 January 2025. Unlike the European Union and other Contracting States, Switzerland did not file a declaration under Article 21 of this Convention (declarations with respect to specific matters, e.g. insurance contracts).
This means that employees now have a right to refuse to monitor, read or respond to contact from an employer or work-related contact from a third party outside of contracted working hours unless such refusal is unreasonable. The law will come into force for small businesses on August 26, 2025.
Chen Jianbao , Beijing Fourth Intermediate Peoples Court pointed out that CPL allows parties to a contract the right to select the court by agreement, which reflects party autonomy in civil procedure law. Chen Fanglin , Fujian High Peoples court held that such a clause does not violate CPL and recognized its validity. [14]
LawVu’s user-friendly platform, enabling automated contract approval workflows, and taking advantage of AI-powered contract management, aligns perfectly with our vision of deploying exceptional technology for in-house legal teams as they transform their ways of working.
With the accession of El Salvador, the 1996 Child Protection Convention now has 55 Contracting Parties. It will enter into force for El Salvador on 1 July 2025. Currently, 30 HCCH Members are either bound by the Convention or a Contracting Party for which the Convention has not entered into force yet (United Kingdom and Uruguay).
We are pleased to announce an online symposium on Unveiling Arbitration’s (New) Identity in a Changing World , scheduled for May 9, 2025. Full draft papers will be due by May 14, 2025, and will be made available to all participants. Notifications of acceptance will be sent in December 2024. Organizers: Prof.
In January , the contract of Empire 1’s sister project, Empire Wind 2, was terminated with NYSERDA, due to developer’s concerns about inflation, interest rates, and supply chain disruptions. The 2024 offshore solicitation process is currently underway and awards will be announced Q1 of 2025.
Proposals will be reviewed by the editors and selected participants will be informed by the end of January 2025. These are all themes that can be explored from a sustainability perspective. We are particularly interested in innovative academic approaches that address these themes within the African context.
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