No more Stranger Things: 2018 Tech lawyers need to know

Hit Netflix TV series, Stranger Things, is an affectionate love letter to the 1980s. Part of the show’s appeal is glimpsing the iconic tech of the time — VCRs, Walkmans, Arcades, and BASIC computer programing running shadowy government institutions.

In an Upside Down world, the 1980s retro tech still survives today in certain parts of a sometimes-frightening dimension: the legal market. One Microsoft study found that more than 86% of lawyers said they still used a pen and paper to complete legal work. Scanners, printers, and even Post-Its remain common for some lawyers. Read More

Chicago next stop for Tech Masters Summit

Chicago is the next stop for the agenda-setting gathering of corporate counsel talking legalTech.

The second GC Tech Masters Summit on May 21 will see LegalTech power users from top US legal departments reveal how they have radically transformed their legal processes. The speakers will describe how they are using innovative technology to cut costs and enhance delivery of legal services at major corporations. Read More

5 Things in LegalTech: 60-second CLOC rundown+ DocuSign ring in legalTech future

Your time is short. This quick read gives you 5 things you need to know from LegalTech in the past seven days.

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Anatomy of A Director Of Legal Operations Revealed

Nearly three-quarters of legal operations leaders are lawyers who have successfully transformed their skill set, a new study into the role has revealed.

The Anatomy of a Director of Legal Operations study analyzes 235 profiles of current Directors of Legal Operations on LinkedIn. The analysis and infographic, produced by the Corporate Legal Operations Consortium (CLOC) and LawGeex, the leader in Contract Review Automation for businesses, reveals that law degrees remain the most common route to becoming a Director of Legal Operations. Read More

5 major takeaways from our $12M funding

Noory Bechor, CEO, and co-founder of LawGeex

Earlier this week, we announced the closing of a new $12 million funding round led by venture capital fund, Aleph, and including previous investors, such as Lool VenturesThis will allow us to deliver better and smarter products, expand our market reach and continue leading the legal AI category.

This is the latest in a number of major developments disrupting the $700 billion legal services market. Here are five takeaways I have taken from this journey, the process of raising funding, and what this means for the future of legal technology. Read More

Legal SaaS AI Platform LawGeex Raises $12 Million in New Funding

Eden Shochat (left) Aaron Rosenson and Michael Eisenberg equal partners at Aleph VC, investors in a $12million funding round for LawGeex.

TEL AVIV, Israel, April 17, 2018 (10AM EST) – LawGeex, the leader in Contract Review Automation for businesses, announced today that it closed a $12 million funding round led by venture capital fund, Aleph. The investment brings LawGeex total funding to date to $21.5 million. Previous investors, including Lool Ventures, also participated in this round. Read More

Tales of LegalTech Adoption: Connie Brenton, NetApp

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In a series of monthly interviews, LawGeex speaks to law departments adopting legal technology to enhance productivity. Here, we speak to Connie Brenton,  Director of Legal Operations, NetApp, and President of the Corporate Legal Operations Consortium

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The Definitive LegalTech Buyer’s Guide Returns in 2018

The highly-anticipated 2018 edition of the In-House Counsel’s LegalTech Buyer’s Guide will launch this May. The guide is relied upon by the world’s leading law departments in their tech buying decisions — and has been described by leading General Counsel as the “bible” for all in-house legal teams.

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5 Things in LegalTech: The Big Global Hackathon lowdown, International Women’s Day & Legal AI is mainstream

Your time is short. This quick read gives you 5 things you need to know from LegalTech in the past seven days.

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How You Can Quickly Up Your Contract Game With This One Simple Tactic

Lauri Donahue, LawGeex’s Director of Legal Content, on a game-changing tool that streamlines contract review

I remember the first time I was asked to review a contract. It was more than 30 years ago, and I was fresh out of law school, working in my first legal job. Like most law students — then and now — I’d studied contract law but hadn’t ever been walked through a complete, modern contract.

“What should I look for?” I asked.

“Just check the warranties and indemnification clauses,” I was told.

And so I did.

Of course, I had no idea what a warranty or indemnification clause should look like — what was standard or what would commonly be negotiated.

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