2023-10-23
To help legal and business leaders explore strategies and best practices with AI solutions, we onboarded new advisors and partners to offer a more holistic Legal AI Advisory service line in addition to our existing LegalTech Marketplace - select software solutions & implementation know-how. Learn about our training course offering and how our experts navigate this complex field.
2021-04-07
In a digital economy, the value of legal work largely results from core human expertise multiplied by the ability to efficiently “package” legal know-how into technology. Legal analytics tools designed for lawyers allow a shift away from the billable hour and enable workflow data analytics that capture core human expertise.
2020-10-08
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.
2019-10-25
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.