PODCAST: Williams Mullen's Trending Now: An IP Podcast - AI Considerations in M&A Transactions and Contract Drafting
10 Minutes for Small Firms and Nonprofits to Better Manage Contracts
Key Performance Indicators for the Legal Department
When implementing a new Contract Lifecycle Management (CLM) system, organizations often focus on the future—how the new system will streamline contract management, improve compliance, and provide actionable insights. However,...more
On July 29, 2024, the American Bar Association issued ABA Formal Opinion 512 titled “Generative Artificial Intelligence Tools.” The opinion addresses the ethical considerations lawyers are required to consider when using...more
Generative AI momentum continues to build in legal, with contracts being an area where it’s expected to have a meaningful impact. Ziad Mantoura, Senior Vice President and General Manager of Epiq’s Enterprise Legal and...more
For good reason, many companies focus their legal and compliance work on matters that require immediate attention, like active litigation and pressing regulatory issues. But matters that come to the company’s attention before...more
Ethics and compliance officers have long had an uneasy relationship with corporate sustainability efforts, mostly because most compliance officers aren’t quite sure they want – or know how to handle – responsibility for it. ...more
Generative artificial intelligence (genAI) is not just a tool; it’s a transformative force impacting many, if not most, industries with its advanced data generation and optimization capabilities. In contract management, where...more
From the West Coast Healthcare Desk is an ongoing series of Holland & Knight Healthcare Blog articles and alerts focused on healthcare industry developments and points of interest in the West Coast healthcare marketplace....more
We recently had the opportunity to attend and present during the recent Future Lawyer USA (FLUSA) event. Organized by Cosmonauts, the event features diverse perspectives and valuable insights from seasoned legal industry...more
Attention all compliance officers at large technology companies – have you checked your mail lately? Because you might find a letter from the Securities and Exchange Commission with FCPA risk written all over it....more
When AI innovator OpenAI released ChatGPT in November of 2022, it sent shockwaves through the world, from tech leaders to academia. Quickly, stories surfaced of people using ChatGPT to “cheat,” from students turning in papers...more
After investing in a contract lifecycle management (CLM) system, many organizations realize that getting a return on investment can be challenging, or worse, never realized. The most common mistake is thinking that all it...more
In this episode of Trending Now - An IP Podcast, Janet Cho and Rob Van Arnam discuss the basics of AI and CHATGPT, how they can be used in contracts, their benefits, and risks....more
Every day, legal is bombarded with “urgent” requests that hinder efficiency and distract from larger priorities. In an effort to manage and field requests, many legal departments are leveraging technology to create a ‘legal...more
Editor’s Note: This article delves into an emerging technology trend that could significantly impact eDiscovery practitioners over the next few years. As artificial intelligence advances, new “generative AI” systems show real...more
A Master Services Agreement (“MSA”) is a contract that outlines the terms and conditions under which a company agrees to provide services, goods, and/or equipment to a client. It serves as a foundational document that...more
The premier event for Canadian construction professional and their counsel is back to Toronto! Rebranded as the 16th National Conference on Navigating Risk in Construction Projects and Contracts, this annual event will...more
The future is upon us. Construction professionals face new challenges at every stage of the build. The race for alternative energy has changed not just how we build but what powers the build. Traditional building...more
GPT-4, the “engine” behind ChatGPT, just passed—well, really, aced— the Uniform Bar Exam. It scored in the 90th percentile (i.e., it did better than 90% of test takers), and, while the threshold to pass the bar varies based...more
One cannot read a legal industry publication these days without coming across extensive references to an ongoing revolution in the use of artificial intelligence in legal processes. Yet most lawyers and legal professionals do...more
We are excited to be the first to pair market-leading Enterprise Legal Management (ELM) and Contract Lifecycle Management (CLM) platforms to enable the seamless exchange of data between legal matters and contracts....more
Will AI enter the courtroom or replace lawyers in legal document drafting? This question is frequently being asked these days. While artificial intelligence offers an interesting new frontier for life in the 21st century,...more
Legal operations is the talk of the town in Las Vegas during the 2023 CLOC Global Institute (CGI), and our Marketplace Network Director David Drew was there asking legal ops professionals about what the present and future of...more
The hype around generative artificial intelligence (AI) is at its zenith and it’s on the minds of every legal operations and legal technology professional. A recent Goldman Sachs report estimated that generative AI can...more
Contract management has quickly and importantly developed into an area of focus for in-house counsel and business stakeholders. Effective contract management systems can increase internal accountability and decrease wait...more
The SEC knows that it has powerful enforcement tools. The FCPA imposes two important requirements on issuers – keep accurate books and records and maintain internal controls to ensure that management’s accounting controls...more