legal big data Archives - InvestCEE

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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.

2023-10-29

Legal Department Reporting: Actionable Strategy – Training Course

Best-in-Class Legal Reporting is a training course hosted by InvestCEE LegalTech Consultancy in collaboration with Xakia Technologies and provides practical guidance to corporate legal reporting tasks and an actionable strategy for in-house teams. Join the course to access the know-how in our ecosystem!
2023-10-23

Navigating Legal AI: Training, Toolkit & Consulting

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.
2022-09-07

AIJA Seminar in Krakow: The Art of the Deal, LegalTech in M&A Transactions

The M&A Commission and the Commercial Fraud Commission of AIJA invited InvestCEE LegalTech Consultancy to join the Kraków seminar for panel discussions and exchange views about using legaltech in M&A projects (share or assets deals).
2021-04-07

How is Data Analytics Relevant for Lawyers?

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

Legal Operations Health Check: EMEA Overview

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.
2020-09-15

Legal Operations Health Check Webinar

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!
2020-06-02

Legal Operations Health Check: June 2020

We are joining the legal operations evaluation project launched by Xakia Technologies to assess the state of in-house legal departments. The survey tool underlying the project is the Legal Operations Health Check created by Xakia three years ago - still available until June 30, 2020. Then, jointly with other organizations in the legal industry (Legal Operators, UpLevel Ops, Ascertus Limited, Norton Rose Fulbright and Lawit Group) we will prepare an eBook summarizing the trends and benchmarks globally. Click to access survey and find out more!
2020-03-20

Transition to Digital Legal Tools & Remote Work

We have also recognized that beyond the immediate human health aspect, there are additional, economic concerns that need to be dealt with in the current circumstances. And lawyers may have a special role to play in this regard. Enabling access to digital legal tools, easing the flow of goods and services, helping to virtually run our economies (locally and regionally) and getting creative about legal services will be essential going forward. To support legal teams through this period, we are here to team up and make use of the know-how we've accumulated in our legal innovation ecosystem. Here's a summary of how we are able to help.
2020-03-11

Making Legal Innovation Work: Summary from Legal Market Day 2020

On March 6, 2020, InvestCEE LegalTech Consultancy held a presentation on Making Legal Innovation Work at the Legal Market Day 2020 conference in Warsaw. The presentation focused on key areas where legal teams need to take meaningful risks in order to enable innovation and make the most of legal technology investments.  Insights shared regarding the use of legal data analytics were meant to inspire corporate legal departments and law firms in CEE to improve their decision making and risk management functions.
2020-03-04

Legal Market Day: Warsaw 2020

Legal Market Day 2020 is the seventh edition of a CEE wide conference dedicated to lawyers from Central Eastern Europe who wish to create and develop innovative law firms. The purpose of the Legal Market Day is to combine professional experience with development and innovation. InvestCEE will contribute to the 2020 edition of the conference with a presentation on Making Legal Innovation Work.
2020-02-25

Legal Data Analytics Webinar: Takeaway Notes & Video

On February 20, 2020, InvestCEE LegalTech Consultancy hosted a webinar organized by the European Legal Technology Association (ELTA) regarding the use of legal data analytics for improved decision making of corporate legal departments and law firms. The panel of experts included Jodie Baker, founder and CEO of Xakia Technologies and Ádám Szíjártó, legal director of Egis Pharmaceuticals PLC. The discussion focused on identifying and visualizing metrics beyond the billable hour to demonstrate the value of legal work.
2019-10-25

5-Step Plan for Contract Data Analytics

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.
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