LawSites

FEBRUARY 20, 2024

The Belgium document automation company ClauseBase has launched a major expansion of its product to add new capabilities for clause extraction, AI-powered document review, and automated proofreading, all with the goal of providing an all-in-one platform, within Microsoft Word, for contract drafting, reviewing and negotiating.

Drafting 110

Drafting Document Review Legal Legal 110

Cenza

SEPTEMBER 21, 2023

The acquisition will strengthen KLDiscovery’s Managed Document Review and enhance the Company’s contract lifecycle management offering. Christopher Weiler, CEO of KLDiscovery, welcomes Aditya Mirza, CEO of Cenza, into the KLDiscovery family. KLDiscovery Inc. (“KLD”), The full press release is here.

Document Review 105

Document Review Technology eDiscovery Legal Technology Solution 105

LawTechnologyToday

FEBRUARY 1, 2022

Creating a robust document repository also allows for the reuse of client documents and attorney work product. Another important tool in the litigator’s toolbox is Technology Assisted Review (TAR). This is a broad term referring to the application of technology in a traditional litigation document review.

Metadata 100

Metadata Technology Document Review Technology Assisted Review 100

LawSites

MARCH 1, 2023

“It creates a momentous opportunity for attorneys to delegate tasks like legal research, document review, and contract analysis to an AI, freeing them to focus on the most impactful aspects of their practice.” Review documents. Contract policy compliance. Contract policy compliance.

Data Review 98

Data Review Legal Assistant Legal Assistance Contract 98

MyCase

JUNE 5, 2024

Legal AI tools are making it easier for lawyers and legal professionals to streamline processes, automate tasks, and increase efficiency and productivity. According to recent reports, law firms are well on their way to adopting and implementing AI technology. Let’s explore what legal AI tools can do for your firm.

Document Review 52

Document Review Legal Legal eDiscovery 52

Cenza

AUGUST 25, 2021

Therefore, legal service providers have been contending to streamline their processes and systems with the aid of technology. An effort to maximize the value delivered by technology and enable business growth has resulted in the genesis of Alternative Legal Service Providers (ALSPs). Tracing the ALSPs’ growth path.

Legal Services 69

Legal Services Document Review Legal Legal 69

Cenza

JANUARY 27, 2021

Since AI is an emerging field, it can be difficult to fully access the capabilities of service partners. Integrating AI into existing systems can be a complicated process. By relying on specialists, you ensure that the AI capabilities are top-notch, and the data or feedback loop is built to account for continual system updates.

Document Review 75

Document Review Lawyer Lawyers Contract 75

Cenza

OCTOBER 29, 2020

Law firms can expect a surge in work after normal life resumes as all the markets have been upended, supply chains have been disrupted, and companies will seek ways to back out of contracts or prevent deals from falling apart. What’s in store for legal service providers? And all of this is fertile ground for lawsuits.

Document Review 52

Document Review Legal Services Legal Legal 52

Cenza

NOVEMBER 18, 2021

Early works on AI in legal services can be traced back to 1956 when professor Layman E. Allen spoke about the need for an intellectual tool to master human experience in his paper “ Symbolic Logic: A Razor-edge Tool for Drafting and Interpreting Legal Documents.” Onboarding the right legal AI.

Legal Technology Solution 98

Legal Technology Solution Technology Document Review Legal 98

LawSites

JULY 25, 2023

This is the first of a planned series of workflow-enhancement products — or “skills” — NetDocuments will release, all under the moniker ndMAX and all built on the Microsoft Azure OpenAI Service. Extract information from documents — including both discrete entities and complex insights — and save the extracted data to a database.

Document Review 98

Document Review Lawyers Lawyer Drafting 98

Cenza

OCTOBER 27, 2021

It also acts as a huge time saver by automating contracting information related to document reviews for due diligence, litigation legalese, legal research, etc. At one stage internet took over our lives, then there was email, and now everything revolves around search engines and information retrieval systems.

Legal 95

Legal Legal Document Review Contract 95

CARET Legal

MAY 1, 2024

Artificial Intelligence (AI) is revolutionizing the legal world, transforming key practices including case reviews, legal research, contract analysis, and predictive analytics. AI is changing this scenario, providing a more efficient and effective way of conducting case reviews.

Law Firms 77

Law Firms Law Firm Document Review Legal Research 77

LawTechnologyToday

DECEMBER 9, 2022

More technology is making its way into the courtroom, and it appears that document review tools are becoming more of the norm in law firms for litigation matters but it has been, and still is, a slow-moving process. Many Years and Much Litigation. The average age of all respondents is 55 with 82% over the age of 40.

Technology Assisted Review 105

Technology Assisted Review Litigation Litigating eDiscovery 105

LawSites

JULY 28, 2021

Priori Legal , a marketplace for in-house legal teams to find and hire outside counsel, is expanding to also serve as a marketplace for legal technology and alternative legal services providers. Factor , the alternative legal services provider that describes itself as delivering complex legal work at scale.

Legal Technology Solution 105

Legal Technology Solution Legal Legal Lawyer 105

InHouseOps

AUGUST 15, 2022

Keith Vallely : As Vice President and Senior Consultant at Epona USA, a division of Epona, my role is to expand our sales throughout the North American marketplace, including implementations of our Contract Management, Document Management, E-Mail Management and Knowledge Management Systems that are based on the Microsoft Platform.

Document Review 52

Document Review Legal Legal Document Management 52

LawTechnologyToday

MARCH 3, 2023

AP: At first glance, the tool seems incredibly competent. Allison) Although like everyone else, I had heard a lot about ChatGPT and other similar AI tools ad nauseum recently, and had even seen some examples and demonstrations, I hadn’t had much of a chance to check any of them out until these Roundtable questions were circulated.

Document Review 108

Document Review Legal Assistant Legal Assistance Drafting 108

LawSites

JUNE 8, 2021

There is no denying that some law firms view alternative legal services providers such as Factor as competitors, particularly for corporate legal work. Now, building on these experiences, Factor is launching a productized, tech-enabled Legal Transaction Optimization service specifically for law firms. Documentation.

Law Firms 98

Law Firms Law Firm Document Review Laws 98

CARET Legal

JULY 3, 2024

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?

Legal 83

Legal Legal Document Review eDiscovery 83

The Process Street

JANUARY 1, 2024

Implementing a quality management system (QMS software) is an important investment companies cannot overlook. One Harvard Business Review study found that companies with an ISO 9001 certification have much higher rates of “corporate survival, sales, employment growth, and wage increases than a matched group of non-adopters.”

Document Review 52

Document Review Document Management Manufacturing Healthcare 52

LawVu

JUNE 23, 2024

While there is a vast array of AI tools on the market, not all are made equal. Some advanced legal AI tools are still in their nascency, and carry greater risk. A lot of your most valuable data in-house will originate from invoices and contracts.

Document Review 52

Document Review Contract eDiscovery Legal Technology Solution 52

LawSites

AUGUST 31, 2022

Virtually all search tools – whether for legal research, e-discovery review, document review, or anything else – are confined to indexes. Every word in every case or contract or email or whatever is fed into an index, and the search tool looks for that word or some combination of indexed words. Apple Inc.

eDiscovery 98

eDiscovery Legal Legal Document Review 98

My Shingle

APRIL 10, 2023

Last month, DLA Piper publicly announced that it would utilize Casetext’s groundbreaking platform, Co-Counsel which is powered by GPT-4 to perform substantive tasks such as legal research, document review, deposition prep, and contract analysis. Biglaw firm DLA Piper thinks so.

Document Review 59

Document Review Legal Research Depositions Contract 59

LawSites

MARCH 23, 2023

As has been the case for several years, e-discovery and contract-management companies dominated the news coming out of Legalweek. ” According to the company, Leah offers five key features, all powered by ChatGPT: Leah One Drop, enabling users to create contract records with one simple drag-and-drop or upload step. .”

eDiscovery 59

eDiscovery Document Review Legal Technology Solution Contract 59

LawSites

OCTOBER 27, 2022

At its annual RelativityFest user conference in Chicago today, the e-discovery company Relativity announced several new tools and features for e-discovery, privacy and compliance, data management, translation, and more. In April, it launched Relativity Patents, the first AI-based patent search and workflow tool designed for attorneys.

eDiscovery 52

eDiscovery Document Review Data Management Contract 52

MyCase

JUNE 7, 2024

Problems Lawyers Face With Legal Documents Legal professionals encounter numerous document assembly and management challenges that AI legal assistants and tools can alleviate. Significant Amount of Time Spent Searching for Information : Locating specific information within extensive legal documents is time-consuming.

Legal Documents 52

Legal Documents Document Review Lawyer Lawyers 52

LawTechnologyToday

JULY 1, 2021

Second requests—the discovery procedures regulators use to determine whether potential antitrust issues might arise from proposed M&A activity—come with a host of attendant challenges and costs for corporations, their counsel, and legal service providers. Many instead rely on paralegals and contract reviewers to support a second request.

Document Review 84

Document Review Technology Assisted Review Technology Legal Services 84

LawSites

MARCH 24, 2022

Christophe Frèrebeau has a vision of where he wants his company’s artificial intelligence contract review technology to be in 10 years: “Our dream would be to be able to answer a question about a legal document, and answer it like a lawyer would.” million in seed funding to move it even closer. Expand in U.S.

Contract 52

Contract Lawyers Lawyer Document Review 52

Cenza

NOVEMBER 10, 2021

Contract Management. Contracts are the lifeline of an organization. Legal contracts and documents are sort of ubiquitous in the business world, irrespective of the industry. It has been estimated that inefficient contracting causes firms to lose between 5% to 40% of the value on a given deal, depending on circumstances.

Document Review 52

Document Review Legal Legal Contract 52

LawTechnologyToday

AUGUST 1, 2023

It is imperative for legal practitioners to stay updated on regulatory changes as they happen in order to be best suited to service their clients or manage their departments. These tools bring in process and times efficiencies, and result in both short-term and long-term productivity enhancements.

Law Firms 90

Law Firms Law Firm Document Review Laws 90

Paralegal Bootcamp

APRIL 7, 2021

Contracts Administrator. Then maybe a sales position for a legal vendor would be a better fit than managing document review projects as a litigation paralegal in a typical law firm setting. Are you a litigation paralegal who has been working with ediscovery tools? Business Development/Sales for legal support vendor.

Paralegal 246

Paralegal Paralegals eDiscovery Litigation 246

MyCase

JUNE 5, 2024

Generative AI (GAI) , like the popular ChatGPT tool, emulates human cognitive functions like learning, problem-solving, and decision-making. This shift is not just about saving time or cutting costs; it’s about enhancing the precision and effectiveness of legal services.

Document Review 52

Document Review Legal Legal Law Firms 52

Rocket Matter

SEPTEMBER 15, 2024

As the demand for efficiency, accuracy, and confidentiality intensifies, the use of AI in the legal services industry emerges as a vital strategy for maintaining competitive advantage. Here are ways innovation in legal services helps streamline operations in law firms.

Document Review 52

Document Review Legal Legal Legal Technology Solution 52

Cenza

MARCH 30, 2022

The process of a company, usually a legal firm or an in-house legal department of a company, seeking the support of a third party for legal allied services is known as legal process outsourcing (LPO). Today’s business dynamism has catalyzed complex service delivery requirements across business units. Why Does LPO Matter?

Document Review 52

Document Review Legal Legal eDiscovery 52

Cenza

NOVEMBER 20, 2023

The acquisition establishes a Global Delivery Center in India to strengthen KLDiscovery’s Managed Document Review and enhance the Company’s contract lifecycle management offering. Together, we are poised to create unparalleled value for our clients, driving forward the future of legal technology and services.”

Technology 52

Technology Document Review Legal Technology Solution eDiscovery 52

MyCase

MAY 9, 2023

In today’s rapidly evolving technological landscape, artificial intelligence (AI) and generative AI tools like ChatGPT, Google Bard, and Bing Chat are transforming the way professionals across industries work. One AI-powered tool that has recently caught the attention of legal professionals is generative AI.

Document Review 52

Document Review Lawyer Lawyers Drafting 52

MyCase

JANUARY 24, 2024

Plus, we’ll guide you through the best legal AI tools that are transforming law firms into powerhouses of efficiency and innovation. Generally speaking, AI systems work by taking in data, analyzing it, and using it to identify correlations and create predictions. What is Artificial Intelligence?

Document Review 40

Document Review Lawyers Lawyer Law Firms 40

MyCase

APRIL 29, 2024

For centuries, lawyers have been trusted advisors in navigating the legal system. 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. Can AI Replace Lawyers? No, AI will not render lawyers obsolete.

Document Review 52

Document Review Lawyer Lawyers eDiscovery 52