Contract management is not a simple task. It should be. It can be. But for many companies it presents a formidable challenge. Outdated, paper-based practices can have damaging legal and business consequences, exposing a company to high costs and liability for contractual and regulatory non-compliance. Companies typically lose between 5% to 40% of value on … Continued
Industry 4.0 is coming for legal departments. From cloud services to artificial intelligence, innovative technologies are changing the way legal teams work. The Fourth Industrial Revolution is also changing companies’ expectations of their legal departments. For some, digital transformation is disconcerting. Lawyers are notoriously risk-averse, which leads to slow adoption of new technologies. Gartner’s Roadmap … Continued
The shift to digital events poses numerous technical and organizational challenges, but it also offers opportunities. COVID-19 has been disrupting our lives for six months now. We all continue to adjust, creating makeshift home offices and figuring out how to best light our video calls. We’re also making big changes in how we conduct business. … Continued
Is your head spinning from all the choices in legal tech? Are you wondering how to choose the best solution for your team? You’re not alone. Fortunately, LawGeex is here to help sort things out. Yup, it’s time for this year’s Legal Tech Buyer’s Guide, fully updated from 2018 and showcasing more than 80 … Continued
The Corporate Legal Operations Consortium (CLOC) just published its annual State of the Industry Survey of in-house corporate legal departments. This report provides valuable insights into legal spend and technology adoption. Here are some highlights that we found particularly interesting.
Risk mitigation is one of a lawyer’s most important roles. Even as the legal world evolves, identifying, quantifying, and addressing risks remains a primary mandate for legal. How can tech, AI, and automation be used to mitigate risk?
You, along with everyone else on planet Earth, are cordially invited to a webinar featuring MetLife’s legaltech guru! Robin French, Senior Counsel at MetLife, will share how the insurance giant is using technology to transform the role of legal – from sales blocker to dealmaker.
Joining a bevy of recognitions already received this year, LawGeex is proud to share that we have also received the Burton Award!
What does Contract Review Automation look like for clients? How should lawyers see the legaltech wave? And what does chutzpah mean? All these questions and more are answered in the pages of Legal Tech Weekly!