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.
Investing in a cloud-based practice management software can boost operational efficiency and streamline task flow management for law firms of all sizes, including solo practitioners. Matters.Cloud is hosting this legal practice management webinar to offer insights into its latest features and enable taking an informed decision about investing the time, effort, and money required to make the most of their cloud-based tool.
Unless carefully planned, all the value added at the contract negotiation and electronic signing stage disappears as soon as the executed contract gets randomly filed. Smart contract management in the post-signature stage is necessary to harness the benefits of contracts in an organization. We’ve condensed our best practice tips in this 5 step plan based on InvestCEE LegalTech Consultancy’s experience with digital contracting processes.
Adminisztráció. Mindenki szeretné gyorsabban, könnyebben, lehetőleg papír- és érintésmentesen, környezetbarát módon intézni. Az elektronikus aláírás a digitális transzformációs projektek kulcsfontosságú eleme, ami számos gyakorlati kérdést szokott felvetni az elektronikus aláírások egyes fajtáinak joghatásaival, kötelező erejével kapcsolatban egy-egy ország joghatósága alatt. Az InvestCEE LegalTech Consultancy és a SimpLEGAL ügyvédi iroda közös piacelemző riportja Magyarországra fókuszál és a hagyományos, tintával papírra írt kézjegy itthon elérhető elektronikus alternatíváit elemzi. Az elemzés kivonata a FintechZone blogon is olvasható.
In the September 2020 issue of CEE Legal Matters Magazine, InvestCEE LegalTech Consultancy founder and CEO Orsolya Szabó shared the story behind developing the business model for innovative legal service delivery. Edited by Tereza Green, the article later also appeared on the online blog of CEE Legal Matters. In addition to the key focus areas for InvestCEE's innovative legal service delivery, the article also shares feedback and insights from InvestCEE clients and partners in various CEE jurisdictions: Hungary, Romania, Croatia, Poland, and the Czech Republic.
Legal innovation conference Legal Accelerators will take place virtually next week on November 26-27 and we are delighted to be a part of it! InvestCEE Founder & CEO Orsolya Szabó will share practical insights on data-driven legal services and host a strategic planning workshop for legal teams on Day 1. Check out the event agenda and sign up to join the discussion! We empower legal departments and law firms to put data culture in the center of their value-added legal service delivery. For this, we bring together legal and business know-how, legal technology solutions, strategic consulting and implementation expertise as a unique approach to help our clients provide a new generation of legal services. This strategic planning webinar session is a unique opportunity for legal teams to understand how to combine legal technology solutions with their particular expertise and package legal services into digital tools.
In November 2020, InvestCEE LegalTech Consultancy in collaboration with Hungarian digital law firm SimpLEGAL issued a practical guide on e-signing in Hungary. e-Signature is a key aspect of digital transformation projects, yet we found that there is still lack of clarity as to the legally binding effect of e-signing tools in a given jurisdiction. In the report, we analyzed six locally available, electronic alternatives to traditional ink-on-paper signing and also briefly looked at international, borderless platform solutions. This blog post summarizes the key take-aways and provides free access to the full report.
In September 2020, Xakia Technologies issued the Legal Operations Health Check eBook -- a report summarizing the results of the legal operations benchmarking survey (the 'Health Check') carried out from April 2018 to July 2020. The Health Check was used by 349 legal teams in 37 countries and the eBook aggregates a significant volume of data about the current status of corporate legal departments of all sizes, in various industries, around the world.
InvestCEE contributed the EMEA overview to the eBook and this article is an extract thereof, aimed to inspire legal teams to improve their operations with data & analytics.
In-house legal teams across the globe had responded to Xakia Technologies' Legal Operations Health Check survey that closed in June 2020. By now, all the data about corporate legal technology, tools and processes has been analyzed and the eBook is getting ready for release! To set the stage for the upcoming legal data eBook, our partner Xakia Technologies is organizing a Legal Operations Health Check Webinar. Join us!
Traditionally lawyers have been measuring the value of their input in correlation with the time spent on legal work. While tracking time is relatively quick and easy, capturing the true worth of legal services can be a challenge. Yet demonstrating added value is increasingly needed in light of a changing economy and client pressures to reduce bills. Digital tools designed for the legal industry allow a shift away from the billable hour and enable workflow data analytics that capture valuable human expertise.
InvestCEE's webinar and online event series continues with partner events! We share learning opportunities through our legaltech partners in order to enable digital transformation for legal and business teams across Central Eastern Europe (CEE). This time, our partner platform Nalytics offers a unique informative view of what is going on today with regards to data protection, data management and compliance across the globe. The virtual session takes place on Thursday, July 30, 1pm CET. Join us!
A legal practice management system structures legal work with workflows and information that support the business of law. Business metrics are equally important to small and large law firms, yet until recently, smaller firms and solo lawyers could not afford the IT infrastructure and administration involved in a legal practice management system. This article highlights questions to ask vendors when shopping around for cloud-based legal practice management.
When selecting a cloud-based legal practice management solution, lawyers need to assess how well a vendor understands how to support digital legal services; simplifies the tasks involved in digitally managing clients, matters, finances, and documents; and handles data security. InvestCEE selected Matters.Cloud to feature on the LegalTech Marketplace because it meets those requirements especially for the smaller firms in our legal innovation ecosystem.