InHouseBlog

FEBRUARY 16, 2023

In a sign of the speed at which AI is permeating the practice of law, a Magic Circle law firm with offices around the globe is now providing its lawyers with access to AI tools to speed the delivery of legal services. Should lawyers fear ChatGPT and other AI tools?

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LawSites

FEBRUARY 6, 2023

Docgility AI-powered Contract Acceleration Platform – 80% faster contract execution with improved compliance – supports review, redlining, collaboration, and negotiation of contracts (including third party/counter party contracts). Learn more about this company at the LawNext Legal Tech Directory.

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Cenza

FEBRUARY 9, 2023

This bridge performs the essential task of diligently guiding the system to make absolutely ‘correct’ decisions and aids transparency through processes. In the legal space, it will be required to adopt an AI-enabled Contract Lifecycle Management (CLM) solution.

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SimplyLawJobs

OCTOBER 26, 2021

In this article, our partners ILSPA (The Institute of Legal Secretaries and PA’s) will consider some of the latest IT innovations affecting the profession. Law firms and government departments have been using new technologies to provide legal services for years. Automated legal research. Providing legal advice.

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Cenza

MARCH 30, 2022

Since its inception in the mid-twentieth century, LPO has grown considerably, and it is now a dominant business, with law firms in the Global South exporting legal services to typically white-shoe law offices in affluent countries at a much-reduced cost. Why Does LPO Matter? The market size says it all.

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LawTechnologyToday

MARCH 1, 2023

Docgility AI-powered Contract Acceleration Platform – 80% faster contract execution with improved compliance – supports review, redlining, collaboration, and negotiation of contracts (including third party/counter party contracts). Learn more about this company at the LawNext Legal Tech Directory.

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LawSites

NOVEMBER 8, 2023

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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LawSites

SEPTEMBER 23, 2021

Synopsis: An attorney may withdraw from representation, with the permission of the Immigration Court, based on fear of contracting COVID-19 as a result of in-person appearances in the proceeding, where such fear renders it difficult for the attorney to carry out the representation effectively.

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LawSites

JANUARY 23, 2023

Catylex Contract Analytics Elevator Pitch: For businesses that depend on contracts, Catylex Contract Analytics delivers quick answers without reading mountains of paper. Until now, Contract AI has been disappointing because of weak training. Learn more about this company at the LawNext Legal Tech Directory.

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InHouseOps

JULY 25, 2022

Recently, the phrase “modern law” has been floating around in the legal industry. From corporate counsel to law firms to contract attorneys, this term of art can carry several meanings. Collaboration between legal and tech professionals is the driving force towards a new way to practice law. This is easier said than done.

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Rocket Matter

OCTOBER 3, 2023

It’s any activity that’s part of what an attorney, or a paralegal, needs to do to complete the work you have been contracted to perform for a client.

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MyCase

APRIL 29, 2024

In fact, according to the MyCase 2024 Legal Industry Report , 81% of respondents who leverage generative artificial intelligence (GAI) tools use it to increase productivity and efficiency. Concerns about job displacement, ethical considerations, and the need for human judgment persist in the legal community. Can AI Replace Lawyers?

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InHouseOps

APRIL 16, 2021

CCBJ: Consilio defines “new law” as the delivery of legal services in nontraditional ways that offer greater value to the buyer. As an example, we’re seeing many clients needing to repaper old agreements and legacy contracts. How are new law solutions identifying contracts containing outdated language?

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Cenza

OCTOBER 6, 2021

The very reason why AI has made its way into the legal industry, which is encumbered by laborious tasks and processes. Today, several legal tech companies offer a range of AI tools to support legal professionals in getting more done, faster. However, there as several myths surrounding the adoption of legal AI tools.

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MyCase

SEPTEMBER 30, 2022

LOCALiQ reports that lawyers and those within legal services achieve a 4.24% CTR on average. . Do your due diligence if you’re considering a lawyer lead generation company. How much do your services cost? Do we have to sign any long-term contracts? . Source: LocaliQ. Are PPC Ads Worth It? .

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MyCase

JANUARY 24, 2024

Natural Language Processing (NLP): A computer system with the ability to interpret written and spoken language, which can be used to analyze contracts and flag problematic sections. Let’s explore some of the top benefits AI can have in legal firms. For lawyers, this means a shift towards a more proactive approach to legal services.

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MyCase

SEPTEMBER 16, 2024

Revenue is the funds earned after completing legal services and before deducting expenses. Interest earned on IOLTA accounts is sent directly to local Bar Associations to support charitable legal services. This includes increasing team size, reducing non-billable hours, or growing client contracts.

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JonathanTurley

JANUARY 26, 2024

When I was reviewing the investment I was going to make, I did it in — as part of my diligence on evaluating that transaction. I — you know, but I did diligence on the assets. You had legal counsel as well. Q Does that contract allow for Hunter Biden to purchase back BHR at a certain time point? A I think.

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Above The Law

JANUARY 28, 2025

Alternative legal services providers (ALSPs), on the other hand, could join forces with AI and decimate the junior ranks. Among firms with their own affiliate ALSPs, a remarkable 62% also engage independent ALSPs to handle tasks like eDiscovery, contract review, and compliance work. Volume work is their bread and butter.

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