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Data Literacy: A Critical Skill for Legal Professionals

Colin S. Levy

Let’s delve into why data literacy is a game-changer for modern legal professionals and how it transforms the role of legal teams from reactive enforcers to proactive business enablers. Why Data Literacy Matters The intersection of legal tech and data creates both opportunities and challenges.

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Everything You Should Know About AI Legal Tech

Percipient

For instance, machine learning can predict litigation risks based on similar cases, identify trends that might impact a client, or flag unusual clauses in contracts that might need extra attention. For instance, many firms now use chatbots for client intake, saving time by collecting basic information and answering FAQs.

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Limiting Expectations: The Role of AI in Legal Tech and Why It’s Not a Lawyer Replacement

Bigfork Tech

Limiting Expectations: The Role of AI in Legal Tech and Why It’s Not a Lawyer Replacement Artificial Intelligence is the new buzzword across industries, and the legal tech world is no exception. From contract review to case analysis, AI promises to revolutionize the way legal professionals do their work.

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What’s 2021 Been Like for Legal Tech Companies? Consider Evisort, which Doubled its Revenue

LawSites

Want to know what kind of year this has been for legal technology companies? The company, which provides AI-driven contract management, is today releasing a year-end report that reveals that it has doubled both its revenue and headcount in 2021. Consider Evisort.

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As Companies Rein In Legal Spend, They Are Bullish on Leveraging Legal Tech, Survey Says

LawSites

To help counter these cuts and reduce their workloads, legal departments are increasingly bullish on leveraging legal technology, the survey finds. Faith in legal tech is high. Other high-priority areas of legal tech, according to the survey, include: Contract creation software. Legal task management.

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4 Secrets to Successful Contract Management

Bigfork Tech

4 Secrets to Successful Contract Management Contract management has become a hot topic in the legal industry in recent years. Non-lawyer executives are acknowledging what lawyers have been saying for a long time: getting a handle on agreements is a sure way to manage risk and save money.

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6 Tips to Overcome Common Contract Management Issues: How ALOE Can Help Your Legal Team

Bigfork Tech

6 Tips to Overcome Common Contract Management Issues: How ALOE Can Help Your Legal Team Contract management issues affect every legal office, regardless of size. Fortunately, Bigfork Tech offers solutions that simplify contract management, making it easier for your team to overcome common challenges.