🔎 In today's legal landscape, AI technology tools have become essential in firms. But with so many AI legal tech vendors out there, it can be overwhelming to find a solution that delivers measurable value. At DraftWise, we partner with our customers to meet their needs – evolving our capabilities to best solve the practical problems of transactional attorneys and provide firms value. From fitting into tech stacks to solving for most impactful use cases, we apply a hands on approach to meet firms where they're at – offering solutions where and how their attorneys work – and evolve with them to change the contracting process for the better. ✨ Read more on how your firm can find the right technology fit: https://lnkd.in/gYVdQFuF #LegalTech #LegalInnovation #LegalAI
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Helping to leverage AI and automation with 15+ years of experience in the legal industry.
🚀 Major shifts in the legal industry are underway, as law firms move from traditional billable hours to alternative fee arrangements, thanks to AI and legal tech innovations! This evolution promises enhanced efficiency, cost savings, and greater value for clients. Are we witnessing the end of the billable hour as we know it? Read our latest Blogpost here: https://lnkd.in/dhDQbvkS #LegalTech #Innovation #AILaw #FutureOfLaw 🤖💼
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Proof has secured $30.4 million in a Series B funding round to advance its goal of reducing the time and hassle involved in serving and filing legal documents. Proof intends to use the new capital to "accelerate revenue growth, expand electronic filing capabilities, enhance integrations with legal industry case management software, and more deeply embrace AI to create additional efficiencies for its users." _________________________ Keep up with the latest tech developments with our newsletter: https://lnkd.in/dW3yBDDz #techbuzz #techbuzzventures #lawtech #legal #legaltech #legaltechnology #artificialintelligence #artificialintelligencetechnology #ai #ailaw #technology #technologynews
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Legal Marketing Strategist in MENA and Legal Branding Consultant | IMI Qualified Mediator | Legal Trainer | Specializing in Business Law and Alternative Dispute Resolution | Legal Project Manager
AI vs. Lawyers? When asked about the potential of technology replacing traditional lawyers, here's my perspective! 👇 "Tech can't replicate the human touch in law." Sure, technology can assist and automate tasks, but the true essence of the legal profession lies in the values and skills of our traditional lawyers. Embrace tech, absolutely, but justice is ultimately in the hands of those who live and breathe it. What's your take on the intersection of law and tech? Share your thoughts! #Lawyers #LegalTransformation #LegalInnovation #LegalInsights
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“Technology is inevitable. How it pushes our culture to evolve is inevitable. Instead of denying it and just expecting things to catch up with you, you can apply ownership to it.” Great insights and perspective here from Hossein Nowbar on how AI is shaping the legal field and how Microsoft approaches its role and responsibilities to customers, policymakers and more.
Hossein Nowbar: "Adoption of AI is not a luxury for legal departments; it’s a necessity. Within corporate external legal affairs, we looked at the promise of the technology and we tried to map it through scenarios where that technology can create efficiencies as a co-pilot for us in the practice of law. It can never replace human judgment, but it can help us do our work better and faster." https://lnkd.in/edvSZaqn
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🤖 Did you know the first "legal tech" was the typewriter? It revolutionized legal documentation in the 1870s. Fast forward to today, and we're automating contracts with AI! 🎓 Embracing legal tech is no longer optional. From document automation to AI-powered legal research, technology is reshaping how legal professionals work. 🛠 Don’t get left behind. Enroll in a legal tech course or webinar this month. Familiarize yourself with tools like LexisNexis, Clio Manage, or AI contract analysis platforms. Your future self will thank you! #LegalTech #Innovation
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Start revolutionizing the legal game with tech and AI! Embrace the future of law by streamlining processes and bidding farewell to inefficiencies. Elevate your firm's efficiency, unlock productivity, and ensure every second counts. It's not just about progress, it's about staying ahead. #LegalTechAdvantage #AIInLaw #EfficiencyMatters
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Did you miss our webinar on "GenAI for Law Firms"? No worries! We've got you covered. Watch the replay video now to discover how pairing GenerativeAI and Search is the model of the future for transforming how law firms innovate, get answers, support clients, and reduce rework. ▶ Stay ahead in the legal landscape, watch the video now: https://bit.ly/48MBiJM #GenAI #GenerativeAI #LegalTech #LawFirms #WebinarReplay
GenAI for Law Firms
sinequa.com
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Our featured vendor of the week is Henchman. Henchman improves the speed of legal drafting. Using state-of-the-art technology, Henchman intelligently gives instant access to legal teams' previously written clauses and definitions. Henchman now includes generative AI features, allowing users to translate clauses, change language from single to plural (and vice versa), and to instantly add concepts to existing clauses during the drafting process. Find out more about Henchman here: https://lnkd.in/gEkwpejY #legaltech #legaldrafting #smartdrafting #automation Jorn Vanysacker
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Legal Tech Startup Evangelist and Founder & Host of the Legal Tech StartUp Focus community
Law firms are releasing proprietary GenAI-based chatbots, with Troutman Pepper among the most recent of such firms. Read about the guardrails and other constraints that firms are building into their GenAI rollouts. https://lnkd.in/eBNfYkZK #legaltechnology Troutman Pepper
Troutman Pepper Rolls Out Proprietary Gen AI Chatbot 'Athena' With Painstaking Care | Legaltech News
law.com
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LLM in International Commercial Law (Data Protection) | Certified Lean Six Sigma Green & Black Belt | Data Privacy & Compliance Specialist | Former Governance, Risk & Compliance Associate at Accenture
🚨 Legal Tech Market Set to Soar to $50bn by 2027! 🚨 The legal tech market is predicted to hit $50 billion by 2027, driven by the generative AI revolution, according to Gartner. But is this realistic? Legaltech News explores the projections. 📈🤖 Key Insights: - Current Market Size: Estimated at $22 billion - Growth Drivers: Increased spending by Big Law, small and medium-sized firms, and in-house legal departments - In-House Adoption: Technology enabling in-house counsel to handle larger volumes of work, such as due diligence on 10,000 documents instead of 1,000 Experts believe that while the $50bn target is feasible, the timeline might be ambitious. The shift towards tech adoption across all firm sizes will be crucial. What are your thoughts on this forecast? Let’s discuss! #LegalTech #AIRevolution #MarketGrowth #LegalIndustry #Networking
Co-Founder & Chief Strategy Officer at DraftWise / ex-Clifford Chance / Stanford Law School alum
2moFinding a "specific use-case" is a great step in ensuring that GenAI can be applied meaningfully to legal workflows. "Specific use-cases" also gather support from sponsors within law firms, making the roll-out of the relevant solution much more effective.