Legal tech insights & events for digital legal services in CEE

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With this LegalTech blog, we aim to inspire engagement with legal technology tools in a creative and transformative manner. Most of our posts are inspired by project work with our LegalTech Marketplace partners and contain references to their solutions. We share strategic insights to help increase the value of legal services and optimize business processes.

2022-11-09

Scaling Legal Services with Technology: Expert Discussion

How do lawyers benefit from offering tech-assisted legal services? We think there are two dimensions to it: by improving internal efficiencies and by expanding client-facing services. Yet for many law firms and corporate legal departments, implementing technology continues to challenge internal approval processes and external marketing strategies. Join our webinar to learn from our experts!
2022-11-02

LegalTech Case Study: Document Automation

InvestCEE LegalTech Consultancy and their LegalTech Marketplace partner ‘Ment’ assisted Fujirebio’s European operations in implementing document automation technology in their legal department. The legaltech advisory team worked closely with Fujirebio Europe’s in-house counsel based in Ghent, Belgium to source and implement the adequate platform corresponding to their specific legal workstream needs.
2022-10-07

Humanizing Legal Technology: Lawyers Design School Interview with InvestCEE

In September 2022, Hannele Korhonen from Lawyers Design School invited InvestCEE founder and CEO Orsolya Szabó for a LinkedIn live chat to discuss using design thinking methodologies for implementing legal technology solutions. As an advisory firm on a mission to "humanize legaltech", i.e. to help lawyers optimize their work and showcase their value-add through legal technology, this interview very well describes our approach to tech-assisted legal services. For the original transcript of the video interview, stop by on the Lawyers Design School blog. 
2022-09-07

AIJA Seminar in Krakow: The Art of the Deal, LegalTech in M&A Transactions

The M&A Commission and the Commercial Fraud Commission of AIJA invited InvestCEE LegalTech Consultancy to join the Kraków seminar for panel discussions and exchange views about using legaltech in M&A projects (share or assets deals).
2022-06-17

Digital Contracting: Improving the Pre-Signing Phase (Strategy Paper, Part I)

Complex workstreams like contract management often require a set of viable strategies to improve internal efficiencies in an organization. Working closely with our clients in this professional context, we found that fine-tuning first the pre-signature and then the post-signature phase of contracting helps better manage the overall process. In June 2022, InvestCEE LegalTech Consultancy released Part I of our new strategy paper series dedicated to improving the pre-signing phase of contracting - the full PDF copy can be accessed in this article.
2022-04-28

Legal Technology Audit: Digital Maturity Survey & Analysis

When conducting a legal technology audit in a corporate in-house department or law firm (of any size), we assess a legal team's digital maturity and help define an innovation strategy going forward. A LegalTech audit is a preliminary step for thoughtfully implementing emerging technologies into corporate legal operations and law firm practice. Our assessment report along with an overview of new and innovative tools designed for legal work, enables lawyers to streamline their daily tasks, build business flexibility into their practices and provide a more effective and highly responsive legal service.
2022-03-02

LegalTech Mastermind Day

March 2022 marks the 5th anniversary of launching InvestCEE LegalTech Consultancy and we're inviting our professional community over for a full-day virtual house-party: our first LegalTech Mastermind Day! We're hosting this free of charge inspirational event to celebrate the excellent relationships we've built over the years with our advisors, legaltech vendor partners and legal teams across Central Eastern Europe and beyond. We hope you can join us!
2022-02-04

Fireside Chat with ClauseBase: Opportunities & Pitfalls of Document Automation

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 […]
2021-12-16

AI in Legal Services: Handbook

InvestCEE LegalTech Consultancy in collaboration with Hungarian digital law firm SimpLEGAL issued a practical guide on legal AI to showcase how smart legal technology opens up new opportunities for digitizing legal services. Law firms and in-house legal departments often still lack clarity as to the use cases and basic terminology used in the legal AI domain.
2021-11-16

LegalTech ROI Calculation: expert insights

Investing in legal technology is fundamentally a business decision: will the benefits of the investment outweigh the costs? Return on the investment must justify the effort and expense of upgrading a legal team’s infrastructure and skills. A return-on-investment (ROI) calculation should help the decision making process with realistic numbers and flexible variables to account for different users and use cases. In this article, InvestCEE’s legaltech advisor Chuck Henrich explains what metrics legal teams should take into account in calculating ROI for tech-assisted legal services, and how to do it.
2021-10-08

LegalTech Case Study: Digital Contracting

In a recent legaltech implementation project, InvestCEE LegalTech Consultancy and our LegalTech Marketplace vendor Dealsign brought end-to-end digital contract management to a leading player in the CEE region's online food ordering industry. In a multi-disciplinary teamwork that included our client's operational, legal, HR and IT departments, the project focused on shifting from paper-based traditional contracting (with ink-on-paper signatures) to 100% virtual contract management.
2021-09-28

LegalTech Academy MeetUp: Data in the Legal Sector

The Polish team behind LegalTech Academy is organizing this online meetup on October 5th, 6pm CET to focus on the potential of data in the legal industry. Register and stop by this event to learn our insights on using data as a strategic tool for legal teams!
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