article thumbnail

Data Literacy: A Critical Skill for Legal Professionals

Colin S. Levy

Optimizing Contract Management Contract management can be streamlined significantly through the use of AI-driven legal tech tools, but these tools are only as good as the professionals interpreting their outputs. Legal professionals should actively participate in the selection and evaluation of e-discovery tools.

article thumbnail

What Is AI Contract Management?

Percipient

Keeping track of contracts can quickly become overwhelmingevery deadline, clause, and renewal demands attention. Yet, research shows that 81% of businesses plan to implement automation to their contract management processes. How Does AI Work in Contract Management? Can I Handle Contract Management Alone?

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Little Things That Make the Biggest Difference in Legal Tech

Bigfork Tech

Contract Lifecycle Management (CLM) software is no exceptionmany solutions promise cutting-edge automation, predictive analytics, and machine learning enhancements. Are you ready to simplify your contract management? But at the end of the day, are these bells and whistles really saving you time?

article thumbnail

9 Best Contract Analysis Software Tools to Speed Up Approvals

Percipient

The right choice depends on your industry, contract volume, and risk tolerance. This guide breaks down the best contract analysis software for 2025, covering tools that go beyond basic automation to offer smarter, faster, and more reliable contract management. Need to find a renewal clause or check past revisions?

article thumbnail

5 Best Automated Contract Management Software Tools in 2025

Percipient

Contract management is one of those tasks that takes way longer than it shoulddrafting, approvals, negotiations, and endless back-and-forth emails can drag on for weeks. Automation of contract management processes accelerates negotiation cycles by 50%, according to Weshare. What Is an Automated Contract Management Tool?

article thumbnail

AI Contract Analysis: Here’s How You Optimize Your Workflow

Percipient

There is one saving grace: AI-powered contract review tools. In the end, you get a faster and more reliable contract management process. In this guide, we’ll break down how AI contract analysis works, the benefits it brings, and how to integrate it into your workflow. But that’s just the tip of the iceberg.

article thumbnail

Everything You Should Know About AI Legal Tech

Percipient

Machine Learning Machine learning helps AI get smarter and more effective over time by learning from historical data. Its like giving the system a library of past contracts, case outcomes, or legal trends to analyze so it can make better predictions and decisions.