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How to Reinvent Commercial Contract Management in 2023

Legal Tech Monitor

Commercial contract management doesn’t have the same face as it did five years ago or even a year ago. Contracts used to be simpler, allowing you to handle and track [.] The post How to Reinvent Commercial Contract Management in 2023 appeared first on Exigent group.

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Evolving Legal Tech: Is Artificial Intelligence(AI) The Right Approach?

CaseFox

Enrouting AI in Legal Tech AI has its roots in almost every business vertical including legal tech. AI is getting proficient at assisting various legal services such as contract management, legal predictions, eDiscovery, and sooner or later courtroom hearings. THINK, DECIDE, CHANGE, REPEAT!

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Contract management: Lexion raises $20m Series B

Legal Tech Monitor

Seattle-headquartered contract management vendor Lexion has raised a $20m Series B funding round led by Point72 Ventures, with participation from Citi Ventures, and existing investors Khosla Ventures, Madrona Venture Group, Contract management: Lexion raises $20m Series B Read More » The post Contract management: Lexion raises $20m Series B appeared (..)

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The Why and How of Digital Contract Management in 2023

Legal Tech Monitor

The Why and How of Digital Contract Management in 2023 Digital contract management should be on the minds of general counsels and chief legal officers everywhere considering that analysts predict [.] The post The Why and How of Digital Contract Management in 2023 appeared first on Exigent.

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Lexion Raises $20M Series B Allowing the Company to Expand AI-Powered Contract Management Solution

Legal Tech Blog

Lexion , the AI-powered contract management and operations workflow platform, announced a $20 million Series B funding round led by Point72 Ventures, with participation from Citi Ventures, and existing investors Khosla Ventures, Madrona Venture Group, and Wilson Sonsini.

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How Good Contract Management is Key to Navigating a Complex Regulatory Landscape

Legal Tech Monitor

Fortunately, there are contract management strategies that can significantly lighten the burden of increasingly complex regulatory obligations. Data privacy regulations are set to go into effect in five different states this year, with at least 25 other states also considering comprehensive data privacy legislation in 2023.

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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.