Join our journey in legal innovation!

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.

2023-05-20

High-Volume Contracting & Digital Contract Management – Training Course

High-Volume Contracting & Digital Contract Management is a training course hosted by InvestCEE LegalTech Consultancy in collaboration with our LegalTech Marketplace partner Dealsign. In this joint course offering, we provide corporate in-house lawyers practical guidance to optimizing large scale digital contracting projects.

2023-05-01

Legal Operations Resources - Support Pack

Navigating Legal Operations: Roadmap & Support Pack

Despite the short history of this new discipline, legal operations has become increasingly popular because it answers key questions about efficiency and effectiveness in legal work: how can a corporate legal department best deploy its team of smart lawyers and its technical resources to advance the organization’s goals, safeguard the business from all sorts of risks and protect corporate values?

2022-12-14

Smarter Legal Budget InvestCEE LegalTech Tools

Planning and Budgeting for Legal Teams: Smarter with Technology

Legal teams are increasingly required to deliver their professional service as a business. Corporate legal departments and law firms are equally expected to contribute more to their clients’ optimization efforts and to offer solutions in strategic initiatives. Irrespective of the size of a legal team, drafting a formal annual budget is a necessity. This article helps in-house counsel and law firm attorneys discover best practices, access free templates and start testing tools to get their legal budget in shape.

2022-06-17

Digital Contract Management Pre-Signing Strategy Paper

Digital Contracting: Improving the Pre-Signing Phase (Strategy Paper, Part I)

Complex workstreams like contract management often require a set of viable strategies to improve internal efficiencies in an organization. Working closely with our clients in this professional context, we found that fine-tuning first the pre-signature and then the post-signature phase of contracting helps better manage the overall process. In June 2022, InvestCEE LegalTech Consultancy released Part I of our new strategy paper series dedicated to improving the pre-signing phase of contracting - the full PDF copy can be accessed in this article.

2021-12-16

AI in Legal Services: Handbook

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.

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.

2021-03-16

Experience Interview: Insights on LegalTech Consulting for Law Firms

At the end of 2020, EXE.legal, a Lithuania-based specialized law boutique, and InvestCEE LegalTech Consultancy, a legal innovation advisor, have announced their cooperation agreement on consultancy services aimed at law firms and in-house legal departments with a focus on deploying legal technology solutions. Since then, the collaboration has kicked off with full speed, Dr. Paulius Astromskis, Managing Partner at EXE.legal, and Dr. Orsolya Szabó, CEO of InvestCEE LegalTech Consultancy, shared their take-aways from the past few months.

2021-01-14

From eSigning to Digital Contract Management

From eSigning to Smart Contract Management: 5-Step Plan

Unless carefully planned, all the value added at the contract negotiation and electronic signing stage disappears as soon as the executed contract gets randomly filed. Smart contract management in the post-signature stage is necessary to harness the benefits of contracts in an organization. We’ve condensed our best practice tips in this 5 step plan based on InvestCEE LegalTech Consultancy’s experience with digital contracting processes.

2020-11-11

e-Signature InvestCEE LegalTech Report 2020

e-Signature in Hungary: a Practical Guide

In November 2020, InvestCEE LegalTech Consultancy in collaboration with Hungarian digital law firm SimpLEGAL issued a practical guide on e-signing in Hungary. e-Signature is a key aspect of digital transformation projects, yet we found that there is still lack of clarity as to the legally binding effect of e-signing tools in a given jurisdiction. In the report, we analyzed six locally available, electronic alternatives to traditional ink-on-paper signing and also briefly looked at international, borderless platform solutions. This blog post summarizes the key take-aways and provides free access to the full report.

2020-10-08

Xakia Legal Operations Health Check eBook

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.