Remove 2025 Remove Contract Remove Drafting
article thumbnail

Legal Technology Simplified in 2025

CARET Legal

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.

article thumbnail

HCCH Monthly Update: March 2025

Conflict of Laws

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.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Extension of deadline (to 10 January 2025) for Call for Papers for Special Issue of the Journal of Sustainable Development and Policy on the theme, “Private International Law and Sustainable Development in Africa”

Conflict of Laws

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.

article thumbnail

Clients Are Spending More on Legal Tech: Can Smaller Firms Keep Up?

Attorney at Work

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.”.

Legal 353
article thumbnail

Legalweek 2025: Embedded And Agentic Generative AI Expands Software Capabilities

Above The Law

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.

article thumbnail

Top 30 global Contract Lifecycle Management Providers that you should know of

Cenza

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%

article thumbnail

Beauty Is In The AI Of The Beholder

Above The Law

Were using AI-enabled tools that are integrated directly into the research and drafting tools we were using already, and, as a result, were getting deeper, more nuanced, and more comprehensive insights faster. We have highly trained professionals doing sophisticated information analysis and reporting, augmented by technology.