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AI In Legal Industry: What’s More In The Store?

CaseFox

Contract Management Contract management is a huge part of any legal professional’s daily routine. With the help of AI, the process of contract management becomes seamless. By automatically reviewing, drafting and analyzing contracts, artificial intelligence will enhance case management.

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Leveraging Legal Technology: Enhancing Efficiency in Enterprise Legal Departments

MatterSuite

Efficient Contract Management : Contracts are the backbone of business operations, and managing them effectively is critical. Legal technology offers contract management solutions. That streamlines the entire lifecycle of a contract, from creation and negotiation to execution and renewal.

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Four Month After Launching, Traact Forms Strategic Partnership with Belgium-Based Klea to Serve Corporate and Law Firm Clients Globally

Legal Tech Monitor

As I reported in November when it launched, Traact’s all-in-one platform offers modules for entity management, permits and licensing, board management, matter management, contract management, disputes and litigation, finance and taxes (including spend management), and document management.

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Four Month After Launching, Traact Forms Strategic Partnership with Belgium-Based Klea to Serve Corporate and Law Firm Clients Globally

LawSites

As I reported in November when it launched, Traact’s all-in-one platform offers modules for entity management, permits and licensing, board management, matter management, contract management, disputes and litigation, finance and taxes (including spend management), and document management.

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ChatGPT Suggests Promise, New Possibilities for AI and Machine Learning in CLM Platforms

Law Technology Today

Both have been mainstays over the last few years — especially within the realms of contract review and in predictive analytics around judge rulings and the effects of precedent. Divisions that stand to benefit from AI’s facilitated tools include procurement, contract management and sales-focused divisions.

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How to Build Strong In-House Legal Team

MatterSuite

This involves identifying the areas of law that are most relevant to your business, such as employment law, compliance, and litigation. Invest in legal tech like contract management software, e-discovery tools , and research platforms to empower your in-house legal team.

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As 2022 Closes, I Am Thankful For…Data

TechLaw Crossroads

This measurement includes an analysis of the depth and breadth of their litigation practice. Litigation analytics can now aid lawyers in developing strategies and managing clients’ expectations. Data drives automated contract management platforms like that recently announced by Lexion , among others.