newlaw Archives - InvestCEE

Join our journey into legal process 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. The strategic insights on this blog are meant to enable optimized, value-added legal services and more efficient business processes.

2020-10-22
Legal Project Management LPM Online Conference

Legal Project Management: Online Conference

Exciting legalinnovation initiatives are taking place this fall throughout Central & Eastern Europe (CEE)! The Polish teams from Agile Lawyer Academy and DSK Kancelaria are leading the way and putting legal project management on top of lawyers' agendas this week. The Legal Project Management Conference is the virtual gathering of experts in legaltech and the business of law in the CEE region. We are delighted to contribute and share our know-how at this event!
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.
2020-08-18
Data-driven legal services practice management

Capturing the value of legal services: data-driven practice management

Traditionally lawyers have been measuring the value of their input in correlation with the time spent on legal work. While tracking time is relatively quick and easy, capturing the true worth of legal services can be a challenge. Yet demonstrating added value is increasingly needed in light of a changing economy and client pressures to reduce bills. Digital tools designed for the legal industry allow a shift away from the billable hour and enable workflow data analytics that capture valuable human expertise. 
2020-07-30
Data Management Nalytics Webinar

Navigating Data: GDPR Compliance, Process & Technology Strategies

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!
2020-07-30
Legal Practice Management Software Review Part 2

Legal Practice Management: Essentials for Small to Mid-Size Firms

A legal practice management system structures legal work with workflows and information that support the business of law. Business metrics are equally important to small and large law firms, yet until recently, smaller firms and solo lawyers could not afford the IT infrastructure and administration involved in a legal practice management system. This article highlights questions to ask vendors when shopping around for cloud-based legal practice management.
2020-07-01
Legal Practice Management Software Review

Matters.Cloud Legal Practice Management for Small to Mid-Size Firms

When selecting a cloud-based legal practice management solution, lawyers need to assess how well a vendor understands how to support digital legal services; simplifies the tasks involved in digitally managing clients, matters, finances, and documents; and handles data security. InvestCEE selected Matters.Cloud to feature on the LegalTech Marketplace because it meets those requirements especially for the smaller firms in our legal innovation ecosystem.
2020-05-13
BIB Digital Legal Services

Digital Legal Services: LegalTech Course & Workshop

Starting spring 2020, InvestCEE is teaming up with Budapest Institute of Banking (BIB) to offer a complex, full-day course on digital and innovative legal services for Hungarian lawyers. If you speak Hungarian and are curious about using technology to rethink traditional legal service delivery, we invite you to join in for this e-learning session!
2020-03-05
Legal Market Day Warsaw 2020

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.
2020-02-20
Legal Data Analytics Webinar with Xakia InvestCEE Legaltech

ELTA Live Webinar: Introduction to Legal Data Analytics – demonstrating value with data

‘Legal data analytics’ is a buzz term which implies that lawyers must have a sophisticated knowledge of numbers, data visualisation and analytics. Yet data – and specifically legal data – can be extremely simple and help understand the value of […]
2020-02-18
The Legal Technologist February 2020 Issue

The Legal Technologist: featuring legaltech perspective in Hungary & CEE

Press time for the European Legal Technology Association (ELTA) - an organization we are closely affiliated with in Hungary and across the Central Eastern Europe (CEE). In its latest issue released in February 2020, The Legal Technologist featured ELTA Board Members' and Ambassadors' (including InvestCEE founder & CEO Orsolya Szabó) perspective on legaltech with a look back at 2019 and a forecast for 2020 - meaningful insights from the various European jurisdictions. Here's to another exciting year for the European legaltech scene!
2020-01-17
contract management aivan.ai investcee legaltech

Getting Started with Contract Lifecycle Management? Pick the Lowest Hanging Fruits!

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. 
2020-01-06
Inesting in Legal Technology InvestCEE Guide to Strategic Acquisitions

Investing In Legal Technology: a Guide to Strategic Acquisitions

In a changing legal market -- responding to a data-driven economy -- companies and law firms often play it safe, look for the perfect solution and wait for the right moment to jumpstart innovation of legal workflows. Investing into technology requires some expenses and the return on investment is often difficult to predict. Clearly, legal technology acquisitions need to be carefully and strategically considered. Yet study after study shows: strategic thinkers are found to be among the most highly effective leaders, and those organizations that look to the future and take well-managed risks are the ones that persevere and grow. We help apply this wisdom in legal innovation context.
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