Innovating Legal

Technology is Redefining the Practice of Contract Law

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Legal Operations Best Practices: 2022 Edition

August 16, 2022

Corporate legal departments are facing a slew of challenges in the current market. In-house lawyers reportedly work about 51 hours per week on average, which can have a marked impact on their mental and physical well-being. That’s why legal operations best practices in 2022 need to center on the employee experience. By providing a supportive, transparent, and streamlined working environment, legal teams can cut down on burnout and improve operations across the board. 

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Why is Legal Technology Important Today?

August 9, 2022

Advancements in legal technology over the past few decades have led to its widespread adoption—and the timing couldn’t have been better. Chief legal officers now face increased pressure to properly manage business risks, improve compliance, streamline workflows, and free up teams for high-value work. The types of technology that can help them achieve these goals are many, but those suited for contract work in particular are robust enough to make a real difference in any company’s workflows and revenue. So, why is legal technology important? Read on to find out.

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What is Legal Operations and How Can It Be Streamlined?

July 28, 2022

Legal operations (or legal ops) is a somewhat new field, but its importance is already widely recognized. In the 2022 ACC Chief Legal Officers Survey, 70% of respondents listed legal ops as their top strategic priority. This is going to be even more important as companies struggle to cut costs and workloads increase amid record-breaking inflation. Companies shouldn’t just  focus on what legal operations is, but also on how it can give them a competitive advantage.

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What Is Logic Programming in AI and How Does It Improve Contract Review?

July 21, 2022

Artificial intelligence (AI) includes high-level, automated programming systems that, when combined with logic-based programming, can easily encode human knowledge and abilities in a compact and usable way. To date, AI-based contracting software represents the most sophisticated technology on the market, yet some businesses are still on the fence about its true potential. Can it ever truly replace legal department staff, for example? The short answer is no: AI based on logic programming will not replace the human element any time soon, but it can solve a number of unique challenges more efficiently.

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