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.
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 […]
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 […]
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 […]
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 […]
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?
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