As vice president, Data and Operational Excellence, at Wolters Kluwer, Abhishek Mittal is responsible for driving business transformation and new product innovation by embedding data-driven decision making in core operational processes. He leads a large global team of process engineers, design thinkers, data scientists and domain experts to develop expert solutions for both…
Aiming to ‘Radically Accelerate’ Contract Negotiations, ‘The Contract Network’ Comes Out Of Stealth Today, Led By Legal Tech Veteran
A new company coming out of stealth today, The Contract Network, aims to “radically accelerate the time for contract negotiations” by providing an AI-powered collaboration platform that can be used by all parties to a transaction to more quickly “get to the point” in their negotiations.
It is led by CEO Jim Wagner,…
CounselLink’s FastTrack Changes The Payments Paradigm, Paying Outside Counsel Within Two Days, While Inhouse Teams Get 90 Days to Review Invoices
A new product out today from the legal department management platform LexisNexis CounselLink could change the paradigm for how legal departments pay outside counsel, enabling law firms to receive payments within two days of initial invoice approval, while allowing corporations up to 90 days to more thoroughly review, process and fund the invoices.
CounselLink…
Breaking: LexisNexis Announces Preview Launch of Lexis Connect, AI-Powered Matter Management within Microsoft Teams
LexisNexis today announced the preview launch of Lexis Connect, a legal intake and matter management product that works within Microsoft Teams and uses conversational AI assistants to help deliver answers more quickly.
The product is being developed in partnership with Microsoft, and Microsoft’s Corporate, External and Legal Affairs (CELA) department has signed on as the…
Tonkean Says Its New LegalWorks ‘Safely’ Brings Generative AI and No-Code Automation to Inhouse Matter Management
Tonkean, a Palo Alto-based company that describes itself as the first-of-its-kind process experience platform, has launched a matter lifecycle management product for corporate legal teams, LegalWorks, that it says enables them to harness the potential of AI-powered process automation technology safely — in a way that will not only increase process adoption, improve…
Aiming to Simplify Contract Drafting, SpotDraft Partners with Microsoft to Integrate Word within its CLM Platform
Two months after raising $26 million in Series A funding, SpotDraft, a cloud-based contract lifecycle management platform for in-house legal teams, is today launching a deep integration with Microsoft Word that it says will simplify the contract drafting and review process for businesses of all sizes.
Developed in partnership with Microsoft, the integration…
The Post-Pandemic State of Legal Practice, with Nicole Black of MyCase
Over the past year, the sibling legal technology companies MyCase and LawPay have published a series of reports on law practice, including benchmark reports based on anonymized data from the two companies’ customers, as well as an…
Bloomberg Law Launches A Product For Storing, Searching, Drafting and Negotiating Contracts
Does the corporate legal market need yet another contract lifecycle management product? Well, Bloomberg Law thinks it does.
Last month, Bloomberg Law released a survey it conducted with legal news and information company ALM that found that nearly 75% of in-house counsel said that their contract workflow technology did not meet their needs,…
There’s A New Top-Level Domain for Lawyers: ‘.esq’
Google has announced the release of eight new top-level domains that include one specifically designed for lawyers and law firms, “.esq,” based on the abbreviation of esquire that lawyers use to show they are admitted to practice.
Google says the new domain for lawyers is “perfect for showing off your credentials.”
It even pointed…
Tangibly Unveils AI-Powered Tool, Patent X-Ray, To Identify and Document Trade Secrets In Patents
It was just over a year ago that I wrote about the launch of Tangibly, the first platform devoted to helping companies systematically identify and catalog their trade secrets.
Now, Tangibly is introducing Patent X-Ray, a tool powered by large language model artificial intelligence to help companies identify possibly undocumented trade secrets…
Rocket Matter Integrates ChatGPT For Quick Access From Within Its Law Practice Management Platform
Rocket Matter, a cloud-based law practice management platform, now has an integration with OpenAI’s ChatGPT artificial intelligence, providing its users with quick access to ChatGPT from anywhere within the Rocket Matter application.
The integration allows Rocket Matter users to leverage ChatGPT for purposes such as drafting a message or summarizing a document, without the…
Here Are Some Of Our ‘Hot News’ Topics for Today’s Legaltech Week Live At 3 ET
Our intrepid panel of legal tech journalists and bloggers returns live today at 2 p.m. ET for another episode of Legaltech Week, where we discuss the top stories in legal tech and innovation.
Attendance is free, but, if you have not already done so, you need to register, which you can do here. Register…