From Paper to Digital: The California DMV's Leap Into Blockchain Technology — The Crypto Exchange Podcast
Today’s legal ops teams do more than manage process improvements or legal spending. They are now expected to lead projects that create value for the entire company....more
Since April 18, 2023, the United States Patent and Trademark Office (USPTO) has been issuing and publishing patent grants electronically. In the Federal Register Notice implementing electronic patent grants, the USPTO...more
Did you know that inefficiencies in processes can cost businesses a significant portion of their revenue each year? Streamlining isn't just a corporate buzzword—it's a vital strategy to stay competitive in today's fast-paced...more
Properly converting, transforming, creating a backup, and formatting data is essential for a successful ION RightAngle implementation. Just as a solid foundation is critical for constructing a lasting building, clean,...more
Two new laws signed on December 23, 2024, are set to make Affordable Care Act (“ACA”) reporting easier and less time-consuming. The 'Paperwork Burden Reduction Act' and the 'Employer Reporting Improvement Act' introduce...more
Cutting over to a new Energy Trading and Risk Management (ETRM) system is a significant undertaking. The process involves transitioning data, configurations, and business processes from your legacy system to the new one,...more
The data shows a big gap between interest in and adoption of Gen AI. While 85% of legal industry respondents believe Gen AI can be used for legal work, according to the recent Generative AI in Professional Services report...more
The hype around Gen AI has contributed to a wave of interest in how to apply many forms of AI, not just Gen AI. As companies promote the adoption of AI enterprise-wide to remain competitive, some in-house legal departments...more
Billing is a uniquely complicated matter in the legal field, one that regularly results in a considerable amount of lost revenue. The average law firm had a nearly 10% gap between hours billed and payment collected in 2023....more
In today's competitive landscape, operational efficiency is crucial for business success. Many organizations struggle to streamline back-office processes, hindering productivity and growth. This blog explores strategies to...more
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