News & Analysis as of

Contract Management Legal Operations

Integreon

Checklist: How to Evaluate a Specialty Legal Staffing Partner

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Law firms and corporate legal departments increasingly turn to legal staffing partners, including alternative legal services providers (ALSPs), to manage workload fluctuations, support new initiatives, and access specialized...more

Integreon

Generative AI in Legal Services: Key Considerations and Adoption Approaches

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The adoption of advanced technology in legal managed services has been evolving for over a decade, with early AI machine learning steadily gaining traction. However, in the past 18 months, AI—particularly Generative AI—has...more

Cimplifi

Demystifying CLM: More Than Just an Acronym, It’s the Heartbeat of Business Lifecycles

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In the bustling metropolis of the corporate world, where time is currency and efficiency is the law of the land, there exists a toolkit so vital, yet so mystified in its potential value, that it could be likened to the arcane...more

Epiq

How Gen AI Advances Legal Playbooks

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Contract Lifecycle Management (CLM) is vital for organizations aiming to streamline legal operations and reduce risk. A key component of CLM, legal playbooks, offers a structured approach to contract drafting, review, and...more

Epiq

The Four Hidden Risks of a Fragmented CLM Deployment

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Contract Lifecycle Management (CLM) solutions have emerged as an essential tool for managing contracts, reducing legal risks, and improving overall compliance. As organizations rush to implement CLM systems, many opt for a...more

Robinson+Cole Data Privacy + Security Insider

American Bar Association Issues Formal Opinion on Use of Generative AI Tools

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

Epiq

Generative AI and CLMs: The Present and Future of Contract Lifecycle Management | Epiq

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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

Butler Snow LLP

The Art of Pre-Suit Claims Management: Practical Guidance for In-House Counsel

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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

Goulston & Storrs PC

Future Lawyer USA: What's in Store for Generative AI in the Legal Industry?

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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

Integreon

3 Challenges that Prevent CLM Implementations from Achieving Peak Performance (and How to Overcome Them)

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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

Mitratech Holdings, Inc

[Webinar] Knock! Knock! Opening the Legal Front Door to Self-Service Contracting - January 23rd, 9:00 am - 10:00 am PST

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

Goodwin

Will AI Replace Your Lawyer? What AI Means for the Legal Profession

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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

Mitratech Holdings, Inc

[Webinar] A Powerful Partnership: Combining Best-in-Class Mitratech ELM with Agiloft CLM - June 27th, 9:00 am PDT

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

Houston Harbaugh, P.C.

Contracts Prepared By Artificial Intelligence (AI) May Cause More Problems Than They Solve

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

Husch Blackwell LLP

Developing an Effective Contract Management Program

Husch Blackwell LLP on

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

Mitratech Holdings, Inc

[Webinar] Knock Knock: Opening the Legal Front Door to Self-Service Contracting - December 13th, 12:30 pm CT

Join Mitratech, Rubrik, KP Labs, and Micro Focus for a live webinar on pioneering digital transformation in the legal department. Every day, legal is bombarded with “urgent” requests that hinder efficiency and distract...more

Reveal

The strategic importance of legal operations in the post-pandemic, hybrid, or digital-first organization

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When thinking of the scope of legal operations, the words innovative and venturous likely don’t come to mind. And we don’t blame you. The role of legal ops habitually focuses on risk avoidance and optimization. But as more...more

Epiq

How AI Streamlines and Improves Contract Review

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Businesses have used legal services to assist with drafting, reviewing, and negotiating contracts for years. Historically, the most common tool lawyers used for this job was contract management software, which contains simple...more

Mitratech Holdings, Inc

4 New Legal Workflow Automation Use Cases You’ll Love

Is “love” too strong a word?  Well, when a Legal Ops professional uses legal workflow automation to slash costs, accelerate execution, and generally polish the reputation of the legal department, maybe not! ...more

Mitratech Holdings, Inc

5 Essential Uses for Tech in Legal Operations

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The reality of corporate legal today is the pressure to do more with less. Today, legal tech tools provide a legal department with the ability to scale and make the best selections and decisions for their organization and the...more

Mitratech Holdings, Inc

9 Epic Reasons Not To Miss 2019 ACC Annual

The 2019 Association of Corporate Counsel Annual Meeting is getting close.  On October 27-30 in Phoenix, thousands of top legal leaders and in-house talent will be on hand, along with top-tier services and technology...more

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