Legal Technology

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    How AI can improve modern contract management

    DocuSign’s legal chief highlights that the more interconnected a contracting workflow is, the more opportunities AI has to learn from the system and accelerate individual steps.

    By Jim Shaughnessy • March 20, 2023
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    MF3d via Getty Images

    How legal departments can get the most out of artificial intelligence

    Once you understand that AI is not going to replace human talent, it becomes more obvious that you need the right people to get the most out of the technology.

    By Abhishek Mittal • March 15, 2023
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    anyaberkut via Getty Images

    The benefits of a combined ELM and CLM platform

    For legal teams grappling with more demands on their time and stricter budgets, it’s critical to harness the right resources and connect those resources strategically.

    By Aaron Pierce • March 9, 2023
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    MARHARYTA MARKO via Getty Images

    Contracts-focused tech companies secure new investments

    SpotDraft, LexCheck, Robin AI, SirionLabs and Henchman have all announced multi-million dollar funding rounds amid an uncertain economy.

    By March 7, 2023
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    filo via Getty Images

    Generative AI a ‘game-changer’ but businesses are worried about the ethics

    Seven in 10 executives also believe enterprise use of generative AI means exposing company data to new security risks.

    By Roberto Torres • March 6, 2023
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    How legal teams are using Luminance for AI-powered automation

    Koch and the Big Four accountancies are among the customers using the platform to assist with contract generation and review.

    By March 6, 2023
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    Rudzhan Nagiev via Getty Images

    As outside costs rise, teams look closer at in-house eDiscovery

    A quarter of legal leaders are planning to use fewer firms this year and another 41% say they’re considering it, a legal tech company report says. 

    By March 3, 2023
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    Brightflag launches new legal invoice validation tool

    The company said its AI-powered product for in-house teams instantly determines whether the information submitted by outside vendors is correct.

    By Feb. 21, 2023
  • In this photo illustration, OpenAI's ChatGPT AI-generated answer to the question "What can AI offer to humanity?"
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    Leon Neal via Getty Images

    4 roadblocks to business adoption of generative AI

    As company leaders gauge the risks and rewards of models like ChatGPT, they first need to address critical friction points.

    By Lindsey Wilkinson • Feb. 14, 2023
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    Courtesy of Ironclad

    How Ironclad uses GPT-3 to assist with contract redlining

    The CLM provider worked with OpenAI to produce a feature designed to boost the speed and consistency of contract review.

    By Feb. 9, 2023
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    How to improve the way vendors use your data

    Legal departments should demand that vendors report on data in a way that can be measured and clearly reported, in a format that works with a data visualization tool. 

    By Mollie Nichols • Feb. 8, 2023
  • In this photo illustration, the home page for the OpenAI "ChatGPT" app is displayed on a laptop screen on February 03, 2023 in London, England.
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    Leon Neal via Getty Images

    Most employees using ChatGPT, other AI tools for work aren’t telling their bosses

    The rise of ChatGPT and other generative AI programs has the potential to change a number of industries, but such tools also have limitations.

    By Ryan Golden • Feb. 7, 2023
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    Galeanu Mihai via Getty Images

    Alternative legal services market tops $20B

    In-house legal departments are increasingly using ALSPs for regulatory compliance work, legal research and e-discovery services, a new report found.

    By Feb. 3, 2023
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    VioletaStoimenova via Getty Images

    How one-person legal teams can scale their efforts

    Creating a legal intake process and implementing a CLM system can generate efficiencies that support a company’s growth, Mattermost’s VP of Legal says.

    By Jan. 31, 2023
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    Deep Dive

    2023 outlook: Legal spend tools expected to gain greater traction

    In-house legal departments are increasingly using tech solutions that provide real-time information about outside counsel spending.

    By Jan. 24, 2023
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    Netflix ops leader says don’t be rushed into legal transformation

    Creating long-term efficiencies and building in data analytics takes years, so legal operations professionals are advised to plan carefully and start small. 

    By Jan. 23, 2023
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    Roundup: Legal tech companies make news early in 2023

    LiquidText, Evisort, Exterro, Everlaw, AbacusNext and Casepoint announced updates about their legal software businesses.

    By Jan. 20, 2023
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    Nico ElNino via Getty Images

    Don’t let over-analysis slow system launches, says legal ops pro

    Waiting until you’ve fully tested a tool or process can keep you from benefiting from data that only comes in from actual use.

    By Jan. 19, 2023
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    Rudzhan Nagiev via Getty Images

    Recession-proofing: Reduce revenue loss from poor contract management

    Implementing a CLM strategy can serve as a self-funding transformation project by making companies more agile and better able to handle economic uncertainty.

    By Rajeev Kumar • Jan. 18, 2023
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    Courtesy of Formally

    How software can help businesses bring immigration work in-house

    The Formally technology platform walks legal teams through the steps necessary to hire and retain immigrant employees in the U.S.

    By Jan. 17, 2023
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    Sensvector via Getty Images

    CLM provider Agiloft launches new training program for contract pros

    The contract lifecycle management company said its university-style offering will help legal professionals develop business-critical skills.

    By Jan. 12, 2023
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    How to use software to strengthen data privacy compliance

    Exterro says its Smart Data Inventory solution helps companies keep up with evolving laws, including by indicating when privacy impact assessments are required.

    By Jan. 10, 2023
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    Deep Dive

    6 in-house legal trends to watch in 2023

    Legal chiefs will be expected to do more with less even while operational costs rise and compliance risks grow.

    By Robert Freedman and Lyle Moran • Jan. 6, 2023
  • A screenshot of Lexion's AI Contract Assist in action
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    Courtesy of Lexion

    Lexion leverages GPT-3 technology to assist attorneys with contracts

    The software company said its new AI-powered tool will speed up contract turnaround times by generating clause language and producing suggested redlines.

    By Dec. 21, 2022
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    Lawsuit search engines can open window into companies’ legal cases

    By surfacing lawsuits without the commentary, those with an interest in a company can get an objective look at what’s going on.

    By Kaylee Zhu • Dec. 21, 2022