From Paper to Digital: The California DMV's Leap Into Blockchain Technology — The Crypto Exchange Podcast
In an era where technology is rapidly reshaping industries, AI stands at the forefront, promising unparalleled efficiency and innovation. But as AI tools become integral to business operations, the need for robust AI...more
In the latest episode of The Crypto Exchange, host Ethan Ostroff is joined by Addison Morgan to discuss a groundbreaking initiative by the California Department of Motor Vehicles (DMV) to digitize 42 million car titles using...more
The principle of doing more with less is crucial in today’s rapidly changing business world. In-house legal departments consistently face rising workloads in the face of frozen headcounts. These market conditions paired with...more
Upgrading critical applications has become a common challenge for corporate IT departments. Software vendors can deploy major releases more quickly because of improvements in coding and testing tools and some tie eligibility...more
As I geared up to co-chair the 14th annual program on legal project management (LPM) for the Practising Law Institute, I couldn’t help but marvel at the incredible evolution of this field since its inception in 2011. Back...more
Process inefficiency can create problems that quietly stifle productivity and potential growth. In an era of rapid digitalization, companies that lag in business process improvement risk falling behind competitors who embrace...more
Manufacturers have long sought strategies to boost productivity on factory floors. Increasingly, they are tapping AI to analyze worker performance and raise efficiency....more
The use of legal technology is up 53 percent as more legal departments are searching for new ways to use these tools to manage their workflows, according to the Thomson Reuters 2023 Legal Department Operations Index. This is...more
Over the past few decades, the commodity and energy trading and risk management (C/ETRM) landscape for the natural gas industry has been stable, dominated by a select few big players in the market – namely, ION Endur or...more
To capture AI’s promise, manufacturers must take steps to protect privacy and root out bias, particularly when they train their systems on data about employees. ...more
Generative AI has taken the world by storm. A third of respondents in McKinsey’s Global Survey “The state of AI in 2023: Generative AI’s breakout year” reported regularly using generative AI for at least one business...more
The name denotes the systems are focused on improving operations in trading and risk, but what’s in it for other business stakeholders who support the transaction lifecycle? We will highlight the top advantages our team has...more
In the past, finance functions were heavily reliant on manual labor. This meant that finance and accounting professionals spent significant time on mundane, repetitive tasks. These tasks were time-consuming and demanded an...more
What’s so hard about evolving into a more active, nimble, and sophisticated commodity trading organization that relies on a robust ETRM system? For starters, doing everything better and faster. Ensuring the sustainable...more
Trading and accounting departments look at the origination-to-settlement lifecycle differently and this can often lead to disconnects and miscommunication that manifest late in the timeline of ETRM system implementations,...more
Business processes can get complicated over time in any organization. A fitting example of a core business process is the processing of payable invoices. The old-fashioned way of processing invoices is to receive the invoices...more
USPTO Leadership - ..The USPTO announced Derrick Brent as the new Deputy Under Secretary of Commerce for Intellectual Property and Deputy Director of the USPTO (“Deputy Director”), effective August 1. His...more
Technology is at the forefront of minimizing the negative impacts of constant change. We seek out advancements to modernize business, sequence our day, and make our lives easier. Among these advancements in the business...more
Find out why accurately tracking measurements of inventory in the oil and gas industry can be the difference between maintaining an efficient operation or shouldering a hefty financial loss....more
Few people attend law school with the vision of spending most of their days on document review. Not that there’s anything wrong with that. But for many lawyers a good day’s work involves building great defense strategies,...more
Here are five things to look for in your business process outsourcing (BPO) firm. Using the right business process outsourcing (BPO) firm can help your business in many ways. From improving operations, eliminating...more
Find out why oil and gas companies operating in the new normal requires migrating to a digital transformation strategy that enhances operations—profitably. ...more
Legal operations and process improvements can be tough if you are not speaking the same language. Does the following sound like something you would say? “I'm new to legal operations having come from a business background....more
Decision fatigue. It actually is a thing. It has been a subject of articles and studies for decades. An article in New York Times Magazine focused on it nearly 10 years ago. And in case you are ever incarcerated, your...more
People crave normalcy right now. Yet, here you come with a new initiative. But despite everything, this may be the perfect opportunity for your firm to take a different approach. If you have a strong sense of purpose and a...more