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Five benefits of contract management software (that you might be missing out on)

LawVu

Contracts are not just central to the in-house legal function – they are the backbone of your business. Finally, we’ll explore the merits of an alternative approach to contract management – the legal workspace.

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Four Month After Launching, Traact Forms Strategic Partnership with Belgium-Based Klea to Serve Corporate and Law Firm Clients Globally

LawSites

As I reported in November when it launched, Traact’s all-in-one platform 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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Launching Today: Traact Is An All-in-One, ‘Tech First’ Platform for Managing Corporate Legal Functions

LawSites

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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New Product from Litera Uses Gen AI to Create Database of Corporate Deal Terms from a Firm’s Own Documents

LawSites

The product, Foundation Dragon , creates a searchable collection of some 300 relevant data points from unstructured data found in closing documents for M&A, real estate, finance and other types of deals, including all matter, deal and negotiating data. ”

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Gunderson Dettmer Launches ChatGD; First U.S.-Based Firm To Develop Proprietary Internal Generative AI App

LawSites

” As an example of how this component could be used, a lawyer could add a model financing agreement to the chat and then ask, “Show me a new version of the indemnification clause that allocates more risk to the investor.” Users are then asked to choose between directly querying the AI model or selecting a document source.

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How to Manage a Small Law Firm

MyCase

What Are the Main Components of Managing a Small Law Firm? For your small law firm to be profitable, you’ll need reliable processes to manage finances, cases, and staff. . Financial Management. Effective management means regularly evaluating your firm’s pricing, payment models, and overall finances.

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Be a SaaS Lawyer: Your Guide to Legal SaaS

MyCase

Contracts and agreements . Contracts and Agreements . One of a SaaS lawyer’s most important duties is drafting and reviewing contracts and agreements. Calendaring software that combines appointments, meetings, and events into one calendar so you can manage deadlines across your entire firm. . Intellectual Property Law.

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