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Fireside Chat with ClauseBase: Opportunities & Pitfalls of Document Automation
February 23 @ 17:00 - 18:00
Are you confident in your team’s document generation workflows? For many law firms and corporations, the complexity and diversity of legal documents continues to challenge legal and compliance capabilities and processes. Our fireside chat covered best practices to manage opportunities and pitfalls of document automation. Participants had the chance to meet the team behind the ClauseBase document automation platform – a tool just recently added to our LegalTech Marketplace.
Creating compliant documents — often in a variety of languages — is critical for risk management but also presents key opportunities for optimization. We’d recommend this webinar as a source of inspiration for both in-house legal teams and private practice attorneys in CEE and beyond.
The fireside chat took place on February 23, 5pm CET — it was a free online event hosted by InvestCEE LegalTech Consultancy where leading legaltech advisor Chuck Henrich and ClauseBase co-founder Senne Mennes walked participants through:
- The biggest challenges of document generation that can be solved with automation techniques
- Template based document generation vs. clause based drafting
- AI-driven support for document generation: deep grammatical knowledge and automatic translations
ADDITIONAL INSPIRATION +++
Stop by their LegalTech Marketplace profile and learn more about ClauseBase — a smart document generation platform for in-house legal teams and law firms of all sizes. When balancing the costs and benefits of investing in document automation, our methodology of LegalTech ROI calculations may prove helpful.
Optimizing legal drafting with document automation is also the first step toward a data-driven approach to legal services. We previously shared our insights on how data analytics is relevant for lawyers. We had also looked at global studies about data-driven legal departments in corporations. Our publicly available webinar recordings about using data to connect the legal function with business needs are also available HERE.