MatterSuite

JULY 27, 2023

Legal departments play a crucial role in contract management, and tracking this KPI helps identify process inefficiencies and potential delays. By reducing contract cycle time, legal professionals can enhance their organization’s ability to seize business opportunities. By monitoring client satisfaction, KPIs.

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MatterSuite

MAY 16, 2023

Additionally, leveraging project management software allows legal operations managers to track progress, allocate resources effectively, and mitigate risks. According to a survey by Ari Kaplan Advisors , 73% of legal operations professionals believe that data analytics is essential for effective legal operations.

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AXDRAFT

FEBRUARY 17, 2023

Definition of Buy-Side Contracts In simple words, buy-side contracts are agreements that define the receipt of goods or services in exchange for something in return, typically money. No matter which industry your company is in, there are always departments such as procurement, outsourcing, and others that deal with buy-side contracts.

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Legodesk

FEBRUARY 15, 2022

Enhanced Compliance It’s critical to have the capacity to view reports in a variety of forms when it comes to reporting and analytics since this enables visibility and transparency across your entire organization. As a result, there is more accountability and improved compliance.

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LawSites

SEPTEMBER 1, 2021

Onit says that the acquisition “creates the most complete enterprise legal management solutions on the market, allowing corporate legal departments to evolve analytics into actionable intelligence to optimize outside counsel spend.” Analytics and Benchmarking. Bam, there’s my analytics and my benchmarking.'”

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Simple Legal

DECEMBER 7, 2022

The same goes for general contract standards. Simply enter pre-approved language into your legal contract management software, and the platform will automatically flag deviations from those guidelines. Proactively reach out to IT to lend support in navigating the compliance side of all things data privacy.

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AXDRAFT

JANUARY 20, 2023

Other Challenges CLM Can Resolve for SaaS Companies Contract management has different challenges, and security is not the only area that contract lifecycle management solutions can help with for SaaS. These issues are inherent in outdated contract management, and CLM can solve them while improving security.

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Legal Tech Monitor

MARCH 23, 2023

As has been the case for several years, e-discovery and contract-management companies dominated the news coming out of Legalweek. See also my posts this week about the expansion of Law.com Radar and about two surveys from LexisNexis on generative AI and litigation analytics. Here is part two.

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LawSites

SEPTEMBER 14, 2022

Specifically: 77% of survey respondents report that coping with emerging and growing compliance areas, such as environmental, social and governance (ESG) and data privacy, is a significant trend. Those in law firms ranked the most important technologies as document management, cybersecurity and encryption tools, and digital court proceedings.

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Colin S. Levy

DECEMBER 19, 2023

Tariq Akbar is the CEO of LegalEase Solutions , which offers corporate legal departments and law firms innovative support with regulatory compliance, contract life cycle management, legal analytics, legal research and legal writing. Managing contracts is not new tech, but CLM is — relatively speaking.

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Contract management Software Legal tech Legal tech 59

MatterSuite

NOVEMBER 9, 2023

This disruption impacts everything from document review and legal research to contract management and predictive analysis. Ensuring compliance with evolving legal and ethical standards is a complex task. These skills include proficiency in legal research software , document automation, data analytics, and more.

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Ron Friedmann

JUNE 17, 2020

Also: using tools to budget and track them; tech to track compliance and flag potential issues. Create the conditions for innovation, based on research and analytic process. That has to be paired with rigorous business analytics. The Microsoft Law Department has been on a digital transformation for years.

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AXDRAFT

MARCH 3, 2023

All company operations are based on contracts. Involving everyone in contract management transforms contracting into an enterprise-level task. Business departments capable of processing routine contracts can speed up workflows and boost the company’s efficiency. Scanning the market for CLM solutions?

Time-tracking 52

Time-tracking Software Contract management Lawyer 52

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. See also my posts this week about the expansion of Law.com Radar and about two surveys from LexisNexis on generative AI and litigation analytics. Here is part two.

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e-discovery e-records e-filing Analytics 54

3 Geeks and a Law Blog

MAY 9, 2023

The natural language processing has found its way into many, many, many products from eDiscovery, to due diligence to legal research, litigation, analytics and prediction, all types of legal tech tool, but it hasn’t been absolutely transformative. So you know, organizations like contract, pod AI, started to bring in AI.

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Law firm Legal tech Legal tech Lawyer 162

Legal Tech Monitor

DECEMBER 4, 2023

We exploited how essential story elements fit into any investigation or discovery process and made highly complex analytics fit naturally with the way legal professionals want to find answers in ESI. 75% of lawyers use these tools to manage their projects. The core principle of the platform is, “Whoever tells the best story wins.”

Litigator 52

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Legal Tech Monitor

MAY 9, 2023

The natural language processing has found its way into many, many, many products from eDiscovery, to due diligence to legal research, litigation, analytics and prediction, all types of legal tech tool, but it hasn’t been absolutely transformative. So you know, organizations like contract, pod AI, started to bring in AI.

Law firm 52

Law firm Legal tech Legal tech Lawyer 52

Above the Law - Technology

DECEMBER 4, 2023

We exploited how essential story elements fit into any investigation or discovery process and made highly complex analytics fit naturally with the way legal professionals want to find answers in ESI. 75% of lawyers use these tools to manage their projects. The core principle of the platform is, “Whoever tells the best story wins.”

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LawSites

JANUARY 17, 2022

How we’re unique: While other products are descriptive in nature, we are building the first truly prescriptive set of legal analytics products. We can help lawyers make evidence-based decisions by providing custom-tailored recommendations and analytics, all focused on judges and their philosophies of the law. Koncord Law.

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LawSites

JANUARY 17, 2022

How we’re unique: While other products are descriptive in nature, we are building the first truly prescriptive set of legal analytics products. We can help lawyers make evidence-based decisions by providing custom-tailored recommendations and analytics, all focused on judges and their philosophies of the law. Koncord Law.

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