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.
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!
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.
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!
Smart data management, contract analytics or AI-assisted contract management are some of the various terms used to describe technology tools that help more efficiently access and assess information embedded in contracts. While traditional document management systems force us to carry out and execute routine operations manually (like searching for specific phrases or sections in contracts, reporting on contract data, etc), smart technology helps to automate most of these manual tasks.
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 […]
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