This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Artificial intelligence tools have become prevalent in legal practice, particularly in eDiscovery. Despite their benefits, many legal organizations have been hesitant to implement AI tools. Accuracy is critical in eDiscovery. A Few Tips on Getting Started With AI Tools in eDiscovery. AI Hesitation.
In a competitive legal world, AI is a winner. It helps you work smarter, stay ahead, and deliver the best legalservices. E-Discovery Platforms: Navigate the Data Deluge When thinking about technology and asking questions—like, “What software do lawyers use?”—it's E-Discovery platforms make managing data easy.
It took years to shape into a formal industry and to be christened Alternative LegalService Providers. This fact was further reiterated by Thomson Reuters’ Alternative LegalService Providers 2021 Report, which unveiled that nearly 79% of law firms and over 71% of corporate law departments are leveraging the services of ALSPs.
Ari Kaplan recently spoke with Marla Crawford, the general counsel at Cimplifi, an integrated legalservices provider that aligns e-discovery and contract analytics for corporate…
As the world is increasingly adopting technology, legalservice delivery is changing its service models, delivery programs, and business structures in order to adapt to new demands. Suppose we deep-dive into the post-execution contract management tools. Next, the lawyer identifies the contracts for the AI.
At one point, early in the generative AI era, I wondered if developing this technology to essentially take over first-pass review and hand senior lawyers who view computers much like the Supreme Court views voting rights access to interrogate discovery materials might deal a devastating blow to the alternative legalservice provider sector.
In ordering that change, as well as a package of additional reforms, the Arizona Supreme Court acted on the recommendations of a task force that had called for fundamental changes in the regulation of legalservices, all with the goal of enhancing access to justice. Justice Timmer was appointed to the Arizona Supreme Court in 2012.
Proxiio Global Solutions , an India-based provider of litigation and corporate legalservices for law firms and in-house legal departments, is today officially launching in the United States. sales Peter Vazquez , vice president of business development, who was formerly regional director of e-discovery sales for Consilio.
Therefore, legalservice 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 LegalService Providers (ALSPs). Tracing the ALSPs’ growth path.
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”),
Long called Legaltech New York, it was renamed Legalweek in 2017 , and is one of the largest, longest-running and most-anticipated conferences focused on legal technology and the business of law, last year drawing over 6,000 attendees and featuring more than 300 speakers. This year, it runs Jan. 29 to Feb.
In the blur of activity that was last week, I attended two legal tech conferences, plus an adjacent legal technology summit. At Legalweek, the focus of the conference is almost exclusively on tech for large law firms and corporate legal departments.
In our forthcoming Spring 2025 publication, Fighting the Hypothetical: Why Law Firms Should Rethink the Billable Hour in the Generative AI Era, [1] we hypothesize that Generative AI (GenAI) technology will change forever how legalservices are delivered and will force law firms to re-engineer their legacy economic model.
eDiscovery for the New Landscape of Data. The Buyer’s Guide to Contract Management Software. How to Digitize Your Delivery of LegalServices to Clients. Unlike other online planning platforms, Guidr allows you to provide online document creation and your traditional estate planning services simultaneously.
But the company is also taking a more direct approach to extending the capabilities of its platform beyond classic e-discovery. Also on the topic of interoperability, there was a good deal of talk about the SALI Alliance – short for Standards Advancement for the Legal Industry – and its recently released version 2.0
First, see the CLOC-related news I’ve already published: Aiming to ‘Radically Accelerate’ Contract Negotiations, ‘The Contract Network’ Comes Out Of Stealth Today, Led By Legal Tech Veteran. Aiming to Simplify Contract Drafting, SpotDraft Partners with Microsoft to Integrate Word within its CLM Platform.
Currently, I am lending my proficiency as a Legal Technology Consulting team member at Sidley Austin, LLP. In this role, I provide both internal and client-focused technical consultations in eDiscovery, digital forensics, and broader legal technology topics. By leveraging AI technology, tools such as BriefPoint.ai
There is no denying that some law firms view alternative legalservices providers such as Factor as competitors, particularly for corporate legal work. Specific services Factor will offer firms include: Transaction management. Ancillary agreements, templated contracts (e.g. Due diligence. Documentation.
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 legalservices to typically white-shoe law offices in affluent countries at a much-reduced cost. Benefits of Legal Process Outsourcing. Why Does LPO Matter?
Theory and Principle Founder Nicole Bradick on Designing and Building Legal Tech Products. Documate Founder Dorna Moini on Rebranding As Gavel and How Law Firms Can Productize their LegalServices. Joshua Schwadron On Pivoting His Legal Tech Company to A Law Firm to Compete with His Former Customers.
For that reason, its exhibit hall draws many of the leading legal tech companies that cater to corporate legal, including an abundance of companies offering some flavor of contracts tech, as well as legalservices providers, e-discovery providers, and others.
The group first came together a year ago, spearheaded by the global technology-enabled legalservices company Epiq. Written by Alison Wisniewski , chief legal officer at Epiq, it incorporates both the input of and review by the other members of the group. The group released its first white paper.
Stories are replete of law firms and courts and other legalservices entities developing innovative methods and solutions to better perform their work and serve their clients, and legal tech developers introduced many innovative new products. legal tech IPOs, it is notable that 2021 saw three U.S. In Gloucester, Mass.,
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. EDEN PRAIRIE, MN—November 20, 2023— KLDiscovery Inc. (“KLD”), This is an exciting new chapter for both Cenza and KLDiscovery,” said Aditya Mirza, CEO of Cenza.
Invest in technology: Digital applications and automation robots, like in every other field, can streamline routine and repetitive activities within the legal sphere. About The Author Kelli Hall is a skilled legal professional at Cogneesol and a prolific writer specializing in creating informative and engaging content.
eDiscovery for the New Landscape of Data. The Buyer’s Guide to Contract Management Software. How to Digitize Your Delivery of LegalServices to Clients. Unlike other online planning platforms, Guidr allows you to provide online document creation and your traditional estate planning services simultaneously.
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?
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.
By automating routine and time-consuming tasks, AI liberates legal professionals from the drudgery of rote work, allowing them to concentrate on the more strategic aspects of their practice. This shift is not just about saving time or cutting costs; it’s about enhancing the precision and effectiveness of legalservices.
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. Using advanced AI tools.
Today, several legal tech companies offer a range of AI tools to support legal professionals in getting more done, faster. Be it contract lifecycle management, due diligence, contract review, legal research, analytics, intellectual property, or e-discovery, AI has found its application in every facet of the legal landscape.
Companies would like paralegals with experience in compliance, contract and lease administration, and eDiscovery to support corporate transactions and litigation matters. I want to work in contract administration.”) As you consider your career goals for 2015, the information in this survey will be helpful. is just the beginning.
In the legal industry, Bessemer is an investor in the e-discovery company DISCO , which went public in July 2021, and was a relatively early investor in law practice management company Clio. “I’m excited to lend my expertise to Litify customers at a time when demands on legalservice providers are increasing.”
Stories are replete of law firms and courts and other legalservices entities developing innovative methods and solutions to better perform their work and serve their clients, and legal tech developers introduced many innovative new products. legal tech IPOs, it is notable that 2021 saw three U.S. In Gloucester, Mass.,
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. E-Discovery AI in e-discovery is like having a digital detective on your team.
Lawyers should stay abreast of legal technology trends because the legal industry is rapidly evolving, and technology is transforming how legalservices are provided. By embracing technology, law firms can position themselves for success in the modern legal industry. Why do Law Firms Need to Invest in Technology?
We preached for years about the many benefits of electronic payments, but the pandemic pushed law firms who weren’t allowing electronic payments to adopt them – and the benefits became immediately obvious as the mail slowed and the e-payments came in steadily, increasing cash flow and decreasing the time it took to get paid.
We run a gender decoder for all new job postings, and we hired international contract software engineers. Altumatim Elevator Pitch: Altumatim is the story-based eDiscovery platform that fully automates document review and finds the most important evidence by learning the story the attorney wants to tell. Anything else? and Beagle.
Elevator pitch: For enterprise business teams, Advocat AI speeds up contract intake, generation and negotiation. We apply Natural Language Processing and a semantic knowledge graph to the process that attorneys use to research, analyze and write complex legal documents. We are working on “contract performance management.”
Elevator pitch: For enterprise business teams, Advocat AI speeds up contract intake, generation and negotiation. We apply Natural Language Processing and a semantic knowledge graph to the process that attorneys use to research, analyze and write complex legal documents. We are working on “contract performance management.”
Alternative legalservices 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.
On March 6, Trump directed federal agencies to terminate contracts with Perkins Coie “to the extent permitted by law,” to limit the firm’s 1,200 attorneys access to federal buildings and employees, and to halt all security clearances. This means the firm cannot represent clients with government contracts. Elizabeth G.
We organize all of the trending information in your field so you don't have to. Join 99,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content