Legal teams are comprised of some of a company’s most valuable resources, yet these highly trained, intelligent employees can often lack a place at the decision making table. This is ludicrous and defies logic. Why does this happen? Is it because the legal team is a ‘cost centre’ the resources of which should be kept to a minimum? Or is it because the legal team is sometimes seen as the ‘Department of No’ by the company within which they work?
What are you buying when you invest in a document automation solution? InvestCEE’s LegalTech Marketplace partner Contract Mill argues that it is digital legal business rather than just another technology tool. When making an investment decision, understanding and defining the […]
With the shift towards digital transformation and big data analytics in business, the legal market is also increasingly becoming a data-driven industry. In this context, coming up with a legal big data strategy to better manage corporate legal departments or […]
Opinions on using intelligent search and analytics tools in the legal industry vary. It seems that concerns about artificial intelligence (AI) taking over legal jobs (certainly not unique to the legal industry) clash with the clear business interest that analytics […]
On November 14, 2018, InvestCEE co-hosted the first legaltech meetup & workshop in Hungary on the topic of digital contracting. The event was co-organized jointly with InvestCEE’s partners: vendors from our LegalTech Marketplace (Contract Mill and Dealsign) and Klart Legal, a […]
Using analytics in legal work is not an abstract future. Intelligent search platforms are today's reality that help both law firms and legal departments in deploying a data analytics strategy. Why is data mining relevant in legal context? It provides law firms and legal departments better business insights, improved decision-making and a differentiating toolkit for value-added services.
Thomson Reuters recently issued their report, ‘Alternative Legal Services Providers 2019’ (the 2019 ALSP Report), which assesses the impact of newlaw players across the legal services industry. The study’s sample of 550+ decision makers was drawn from the US, Canada […]
The upcoming public event of the ELTA Live webinar series will focus on document automation as a key back-end tool for legal service delivery. The Document Automation Webinar is free to attend but requires prior registration HERE. In the context […]
On May 15, 2019, InvestCEE LegalTech Consultancy hosted a webinar organized by the European Legal Technology Association (ELTA) regarding practical aspects of implementing document automation for law firms and corporate legal departments. The panel of experts included Kaisa Kromhof and Hannele Korhonen from our legaltech partner Contract Mill.
Growing from a simple idea into a dominant legal innovation event in Central Eastern Europe (CEE) was as quick as lightning for the Innovative Legal Services Forum (ILSF). Our team shared know-how at two interactive and practical workshops on the pre-conference day just to see specific aspects of our approach reinforced by a number of speakers on the main conference day. This blogpost contains our takeaway notes and an excerpt of our workshops.
In 2019, InvestCEE launched a project to determine and quantify key players enabling innovation of legal services across Central Eastern Europe (CEE). We are quite excited about this first regional study aimed to examine a new market currently carving out an innovative aspect of legal services, often referred to as newlaw. This blogpost is a sneak peek into our research project and the more detailed report to follow.
error: Content is protected!