5 things in LegalTech: CLOC Data Addiction and What is a Lawyer?

Your time is short. This quick read gives you 5 things you need to know from LegalTech in the past seven days. 1 CLOC delivers data on legal spend The Corporate Legal Operations Consortium (CLOC) aims to be data-first in reshaping the legal industry.  CLOC’s 2017 State of The Industry Survey released last week (based on … Continued

Tales of LegalTech Adoption: Chris Newby, General Counsel at AIG

In a series of monthly interviews, LawGeex speaks to top In-House Counsel adopting legal technology to enhance productivity. Here, we speak to Chris Newby, General Counsel and Chief Operating Officer at AIG EMEA How is AIG’s in-house team organized? Size and reporting function? I have 70 lawyers in EMEA. I am based in London acting as General … Continued

5 Things in LegalTech: How Lawyers Celebrated #STEMDay

Your time is short. This quick read gives you 5 things you need to know from LegalTech in the past seven days. 1 Happy #STEM Day to lawyers On November 8 the world celebrated National S.T.E.M Day. With occupations related to S.T.E.M (Science, Technology, Engineering, and Math) expected to grow 70 percent faster than other professions, … Continued

5 things in LegalTech: AI and the Law and Love your Lawyer Day

Your time is short. This quick read  gives you 5 things you need to know from LegalTech in the past seven days. 1 Conferences: AI & Law There was reflection on the state of AI in Law at two conferences. At the College of Law Practice Management’s (COLPM) Futures Conference, “Running With the Machines, Mark Tamminga, … Continued

7 Surefire Steps to End Contract Gridlock in your Business

In the words of Harvard professors, Marco Iansiti and Karim R. Lakhani, the contract process now represents “a rush-hour gridlock trapping a Formula 1 race car”. The International Association for Contract & Commercial Management (IACCM) has found that 83% of businesses  are dissatisfied with their organization’s contracting process. The time spent on reviewing paperwork sees hard-pressed in-house lawyers blamed … Continued

Cost of Processing a Basic Contract Soars to $6900

We asked our friends at the International Association for Contract & Commercial Management (IACCM) how much a contract costs a business. Tim Cummins, President of the IACCM, says inefficiency is pushing up the price of getting a basic contract signed.  Here we are in 2017, with businesses focusing on automation and agility. So surely operational … Continued

Top 10 Tweets from The ACC Annual Meeting 2017

The swamp of legal apathy was well and truly drained in Washington DC as the largest gathering of in-house lawyers assembled in the U.S capital. More than 4000 in-house counsel attended the ACC Annual Meeting (14-18 October 2017) to debate the hottest trends, innovations in the law, and future of the profession. Twitter, as always, was … Continued