Remove Data Management Remove Diligence Remove Lawyers
article thumbnail

Top Technology Trends for Transactional Lawyers

LawTechnologyToday

Lessons learned from the evolution of the above tools in the litigation setting are directly relevant to opportunities available to transactional lawyers to efficiently execute work on transactional matters. These tools can turn contract clauses into data points, which can then be analyzed, filtered, compared, etc.,

Metadata 100
article thumbnail

Fastcase Names Its 11th Annual Class of Fastcase 50 Innovation Honorees

LawSites

This year’s group of honorees is composed of a diverse array of lawyers, legal technologists, law librarians, judges, legal researchers, innovators, and people who are committed to reforming and automating the law. Al Hounsell , Senior Innovation Lawyer, Norton Rose Fulbright. Jay Kim , Managing Partner, Kim Vaughan Lerner.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How you can tighten the rein with CLM

Cenza

A bulk of litigation has been stemming from contract failure, and hence, contract management remains one of the biggest concerns facing global organizations today. The advent of technology has elevated contract management software as a partner to leverage data, manage risk, and boost cost savings. Accessible. Standardize.

article thumbnail

Five Ways That Artificial Intelligence and Machine Learning Are Transforming Legal Practice

Cenza

The 2019 State of -Discovery Report produced by FTI Consulting and Exterro estimates that the amount of data managed by law firm and law department IT staff has increased five-fold in just the last 5 years. Quite simply, AI/ML technology is the best tool we have in our toolbox in order to stay afloat in the sea of data.

Legal 69
article thumbnail

Law x Generative AI: The Future That's Already Here

Everchron

This includes verifying that AI systems offer adequate security protections, do not share information with unauthorized parties, and comply with data retention protocols. This guidance underscores the importance of adhering to ethical standards while harnessing the power of this technology.

Laws 52
article thumbnail

Use Emerging Technology to Advance Strategic Imperatives

InHouseOps

This could include things like automating administrative tasks so lawyers can focus on higher value work, using contract attorneys to support an in-house department with a large regulatory project, and data mapping to uncover where untapped business intelligence resides. What does it take to have a modern law approach to practice?

article thumbnail

AI for in-house counsel: Proven strategies for safe and successful adoption

LawVu

In LawVu’s recent webinar, Noah Waisberg , CEO of Zuva and author of AI for Lawyers, Scott Millea , Associate Counsel at Northern Tool & Equipment, and Christina Wojcik , Managing Director at LexFusion and formerly with Citibank, debated the intricacies of adopting AI tools for in-house legal departments.