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Innovative Technology Contract Management

Cimplifi

Why Many First-time CLM Implementations Fail

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Gartner predicts that nearly 50% of initial contract lifecycle management (CLM) implementations will fall short of expectations. Implementing CLM successfully is a complex endeavor that hinges on navigating a myriad of...more

Robinson+Cole Data Privacy + Security Insider

American Bar Association Issues Formal Opinion on Use of Generative AI Tools

On July 29, 2024, the American Bar Association issued ABA Formal Opinion 512 titled “Generative Artificial Intelligence Tools.” The opinion addresses the ethical considerations lawyers are required to consider when using...more

Epiq

Generative AI and CLMs: The Present and Future of Contract Lifecycle Management | Epiq

Epiq on

Generative AI momentum continues to build in legal, with contracts being an area where it’s expected to have a meaningful impact. Ziad Mantoura, Senior Vice President and General Manager of Epiq’s Enterprise Legal and...more

Integreon

Practical Use Cases for GenAI in Contract Management

Integreon on

Generative artificial intelligence (genAI) is not just a tool; it’s a transformative force impacting many, if not most, industries with its advanced data generation and optimization capabilities. In contract management, where...more

Goulston & Storrs PC

Future Lawyer USA: What's in Store for Generative AI in the Legal Industry?

Goulston & Storrs PC on

We recently had the opportunity to attend and present during the recent Future Lawyer USA (FLUSA) event. Organized by Cosmonauts, the event features diverse perspectives and valuable insights from seasoned legal industry...more

Napoli Shkolnik

Are AI’s Impacts on the Legal Profession Exciting or Scary?

Napoli Shkolnik on

When AI innovator OpenAI released ChatGPT in November of 2022, it sent shockwaves through the world, from tech leaders to academia. Quickly, stories surfaced of people using ChatGPT to “cheat,” from students turning in papers...more

Williams Mullen

PODCAST: Williams Mullen's Trending Now: An IP Podcast - AI Considerations in M&A Transactions and Contract Drafting

Williams Mullen on

In this episode of Trending Now - An IP Podcast, Janet Cho and Rob Van Arnam discuss the basics of AI and CHATGPT, how they can be used in contracts, their benefits, and risks....more

Goodwin

Will AI Replace Your Lawyer? What AI Means for the Legal Profession

Goodwin on

GPT-4, the “engine” behind ChatGPT, just passed—well, really, aced— the Uniform Bar Exam. It scored in the 90th percentile (i.e., it did better than 90% of test takers), and, while the threshold to pass the bar varies based...more

Priori

Tiny Mic, Big Ideas

Priori on

Legal operations is the talk of the town in Las Vegas during the 2023 CLOC Global Institute (CGI), and our Marketplace Network Director David Drew was there asking legal ops professionals about what the present and future of...more

Priori

Legal Operations and Generative AI: Preparing for a Sea Change

Priori on

The hype around generative artificial intelligence (AI) is at its zenith and it’s on the minds of every legal operations and legal technology professional. A recent Goldman Sachs report estimated that generative AI can...more

Hogan Lovells

Contract and claim dispute management in the infrastructure and energy sector

Hogan Lovells on

Importance of contract, claim and dispute management - Rapid urbanisation and growing demand mean that the construction industry is one of the largest industry sectors in the world, consistently poised to outpace the world...more

Mitratech Holdings, Inc

4 New Legal Workflow Automation Use Cases You’ll Love

Is “love” too strong a word?  Well, when a Legal Ops professional uses legal workflow automation to slash costs, accelerate execution, and generally polish the reputation of the legal department, maybe not! ...more

Mitratech Holdings, Inc

5 Essential Uses for Tech in Legal Operations

Mitratech Holdings, Inc on

The reality of corporate legal today is the pressure to do more with less. Today, legal tech tools provide a legal department with the ability to scale and make the best selections and decisions for their organization and the...more

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