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
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.,
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.
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.
The 2019 State of -Discovery Report produced by FTI Consulting and Exterro estimates that the amount of datamanaged 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.
This includes verifying that AI systems offer adequate security protections, do not share information with unauthorized parties, and comply with dataretention protocols. This guidance underscores the importance of adhering to ethical standards while harnessing the power of this technology.
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?
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.
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