The pandemic has altered the lives for everyone and a recent report in the Financial Times highlights how lawyers have been forced into their digital future faster than they might have imagined. While lawyers and accountants have often been immune to rapid technological change, that too is changing rapidly. They are now entering a new […]
Andy Moseby* – Technology could fundamentally change the relationship between lawyers and their clients — but the industry needs to be bolder at the way it is thinking about new tools. “Investment into UK lawtech start-ups jumped from £2.5m in 2016 to £62m for the first three-quarters of 2019” Lawtech investment is skyrocketing: the Legaltech
Christine Lloyd* Building law lists is an entire industry, but the problem with generating a list of ‘innovative law firms’ is made more difficult because there are few euphemisms more abused by law firm profiles than the word ‘innovative’. Yet the coronavirus pandemic will unquestionably change the practice of law forever, with one of the
Clifford Chance – Artificial intelligence (AI) creates huge opportunities for businesses globally across all sectors. However, the use of AI also brings the potential for significant legal, ethical and reputational exposure. Recently we have seen global regulators grappling with these risks, with the announcement of a vast number of legal developments, including the publication of
Artificial Intelligence Risk? What Does 2020 Hold Read More »
Susan Paul – Business depends on striking agreements with others. While it’s true that many of the deals you reach will still have legal force even if you never commit them to writing, mere verbal understandings can easily be misunderstood, misremembered and argued over in times to come. That’s why many agreements are best set
5 Key Written Agreements for Small and Growing Businesses Read More »
Uplink empowers lawyers to have instant virtual meetings with clients and colleagues, with automated transcriptions and video recordings for compliance and easy knowledge sharing NEW YORK – April 21, 2020 – Litify announces the release of Uplink, an easy-to-use video conferencing solution that enables attorneys to securely communicate with clients, business partners, and colleagues Uplink
Natural Language Process programming solution analyzes force majeure provisions, associated triggers and drafts auto-notifications Powered by LawFuel – SAN FRANCISCO – Gravity Stack, Reed Smith’s legal tech subsidiary, has adapted its natural language processing (NLP) software to meet client demands for a turn-key solution to COVID-19-related contract management. Gravity Stack’s AI-driven solution includes intelligent searching and repapering
Gravity Stack’s AI-Driven Contract Management Solution Employed for COVID-19 Response Read More »
Contract management has always been an arduous and time-consuming task. The introduction of contract management software allowed companies to store and organize their contracts easily. Then came AI-driven contract software. AI-driven contract software further simplified contract management by making it easier to draft, oversee, store, and handle contracts while minimizing human error. One of the
Best AI Contract Software: Evisort or Kira Systems? Read More »
The COVID-19 crisis has created major challenges and problems for law firms as it has for most businesses and professional service providers. But the way in which law firms have met the challenge is something all law firms can learn from. In this article by journalist Katharine Freeland the use of remote working is examined.
Key Lessons For Law Firms On Handling Remote & Agile Working in The Face of COVID-19 Read More »
