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Breaking News: LexisNexis To Acquire Contract Drafting Company Henchman

LawSites

LexisNexis Legal & Professional said today that it has entered into an agreement to acquire Henchman, a Belgium-based contract drafting legal technology company. LexisNexis said it is acquiring the company for its document management system that enable faster document drafting.

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AI Contract Drafting Startup Henchman Unveils Microsoft Copilot Integration, Calling It First of Its Kind

LawSites

“Leveraging advanced algorithms and metadata, this synergy facilitates more accurate answers and boosts drafting efficiency, all while tapping into a legal team’s wealth of collective knowledge,” the company says.

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How Smart Contracts are Changing Legal Contracts

LawTechnologyToday

While a world free of lawyers will most likely never come to fruition (to many parties’ chagrin), new technology in the form of smart contracts is changing how legal matters are drafted. This data then informs the automated terms of a contract by posting results and accompanying proof to the blocks.

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Despite All the Hype Over CLM Software, Most Companies Don’t Use It to Manage their Contracts, Survey Finds

LawSites

One of the most talked-about legal technologies of the last few years is contract lifecycle management software. But a survey released today finds that the majority of companies do not use CLM software at all, and of those that do have a dedicated CLM system, most use it only on a limited basis. CLM adoption lags.

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How AI for Legal Documents Helps Lawyers

MyCase

The legal industry is currently experiencing a shake-up due to the latest advancements in artificial intelligence (AI), especially regarding document management and automation. Significant Amount of Time Spent Searching for Information : Locating specific information within extensive legal documents is time-consuming.

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How Law Firms Are Using AI: Quick Case Summaries and More

CARET Legal

Artificial Intelligence (AI) is revolutionizing the legal world, transforming key practices including case reviews, legal research, contract analysis, and predictive analytics. Contract Analysis Simplified In the realm of legal practices, contract analysis and drafting stand as pivotal yet time-intensive tasks.

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How Legal Professionals Are Currently Using AI Today

CARET Legal

In law firms, AI has been particularly impactful by making document management and analysis processes more efficient. Artificial Intelligence (AI), at its core, is about creating intelligent systems that perform and/or expedite tasks that are traditionally manual and time-intensive. How much more productive could law firms be?

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