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According to the 2025 In-House Legal Budgeting Report from Axiom and Wakefield Research, 96% of general councils said they expect “AI will meaningfully reduce costs within their legal department.” The importance of adopting these technologies cannot be overstated.
The LegalTechnology Resource Center (LTRC) is pleased to make its seventh annual announcement of its Women of Legal Tech honorees. LTRC’s Women of Legal Tech initiative is intended to encourage diversity and celebrate women in legaltechnology. This will be a virtual event. Congrats to Our Class of 2021!
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Furthering its expansion beyond legalresearch and into other products aligned with legal professionals’ day-to-day workflows, Bloomberg Law has acquired Dashboard Legal , a project management and collaboration platform specifically designed for the legal market.
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I read the job description further: Develops and implements learning solutions to address identified gaps or challenges to assist lawyers with learning about and adopting innovation tools. . OK, now it’s beginning to look like a research trainer. Who the heck trains in research outside of law school? Oh, lordy. That must be it.
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In-house legal teams come in a variety of shapes and sizes, and often originate from humble beginnings. What is the function of an in-house legal team? To understand the optimal way to structure an in-house legal team, its critical to first be clear about what legal is really there to do.
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The ABA TechReport combines data from the annual ABA LegalTechnology Survey Report with expert analysis, observations, and predictions from leaders in the legaltechnology field. In the legal profession, it’s still a much different story. Legal is a lagging industry in cloud use.
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” Read more about LegalOn in the LawNext LegalTechnology Directory. At that point, it also introduced a new feature , AI Revise, which it said was the “first AI contract editing tool enhanced by expert legal knowledge.” “We keep these updated for any changes in the law,” Shimamoto said. ”
These legal AI players incorporate emerging technologies to either fully or partially automate services across the lifecycle of a contract – ranging from drafting, reviewing, and redlining contracts to negotiation to end-to-end management. Companies in the legal space have often been considered to be slow adopters of new technologies.
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In addition to being geared towards practical aspects of legal practice, the unconference sessions facilitated excellent networking opportunities. ABATECHSHOW pic.twitter.com/iwSvvhZJ6s — Legal Talk Network (@LegalTalkNet) February 27, 2020. Apps Apps Everywhere–Tablet and Mobile Legal Practice. Apps Apps Everywhere!
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