2020-01-17
Managing the contract lifecycle and making the most of contract data is one of the all-time top priorities of corporate legal teams. Improving contract management efficiency is easier with new technologies, yet there's typically a gap between the importance of these challenges and success in solving them. Given there are many contract lifecycle management (CLM) solutions available on the market, it is rather confusing to understand which capabilities really drive the most value. Here's a summary from our partners from Aivan.ai explaining how they differentiate their tool on the legaltech market.
2019-02-18
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.
2018-09-25
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 […]
2018-03-21
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?