Pramata’s Post

Pramata Chief Revenue Officer Justin Schweisberger recently wrote a piece in the ABA Journal sharing three predictions on the legal industry as we move into 2025. Make sure to read the full article in the link below. Link: https://lnkd.in/eXu8NsR5

The legal market is entering a pivotal era. According to recent, markedly similar, industry reports, 2024 brought historic growth in demand and revenue, coupled with pressures to innovate and adapt. With this momentum, 2025 presents unparalleled opportunities for law firms to refine how they deliver value to clients.   🔑 Key Trends Driving Law Firm Market Change: 📈 Rising client expectations for outcomes over inputs, pushing firms to rethink the billable hour. 💼 Strategic shifts toward tailored pricing and practice-specific growth in areas like regulatory compliance, litigation, and M&A. 🤝 Demand for seamless collaboration between legal professionals leveraging emerging technologies. 💡 The transformative potential of generative AI, requiring robust governance, a ROI focus and strategic investments.   At Unbiased Consulting, we collaborate with our law firm clients to embrace these challenges head-on. Whether it's optimizing client service delivery, enhancing operational efficiency or implementing forward-thinking technologies services are designed to keep firms agile and competitive in this evolving landscape.   ✨ The Outcome: Improved client satisfaction, stronger market positioning, improved profits, and a sustainable path forward in a profession under increasing transformation pressure.   📢 Let’s make 2025 the year your firm excels in client service delivery and firm growth. Reach out to learn how we can help.   #LegalInnovation #ClientService #LawFirmGrowth #GenerativeAI #LegalIndustryTrends

And the pre-ILTACON Product Briefing Bonanza continues!!! Are you a law firm trying to capture good information about your matters? Are you a lawyer trying to understand the market position in relation to a particular deal point? Would you like to be able to find similar matters or relevant precedent by searching across nuanced facets of all of your past deals? Centari has got you covered with its Deal Intelligence product! Centari provides a platform that quickly and accurately extracts and structures information from complex agreements at scale, allowing for: ⚡ Enriched matter information ⚡ Enhanced precedent search ⚡ Improved pitches and proposals ⚡ Market Intelligence easily accessible ⚡ Streamlined negotiation processes Read more about it and check out a demo video at the link below. #legaltech #data #AI #GenAI Kevin Walker Bryan Gilbert Davis

Excited to have participated in the LegalInnovation conference! As we continue to navigate the evolving landscape of legal services, one key question arises: Is LegalTech empowering lawyers or empowering businesses? I think the answer to that question is both options. And here's why: Solutions were mainly presented for lawyers: Tools that simplify repetitive tasks, allowing lawyers to focus on what they do best - providing strategic advice and navigating complex legal landscapes. With advanced workflow automation, artificial intelligence-driven research, and seamless case management systems, lawyers can increase their efficiency and effectiveness. In turn, Admintech represented a solution for businesses: at Admintech we democratise access to high quality legal services, allowing companies of any size to create legal documents without a lawyer and be confident in their legal validity. Such capabilities allow companies to operate with confidence, knowing that they have reliable legal support 24/7 to meet their specific needs. During the conference, it was inspiring to see so many innovative solutions aimed at bridging the gap between legal professionals and the businesses they serve. The potential of LegalTech to revolutionize the industry is immense, and we are proud to be at the forefront of this transformation. Thank you to everyone who attended and contributed to the enriching discussions. Together, we are shaping the future of legal services. #LegalTech #LegalInnovation #FutureOfLaw #SLTA #Switzerland #AI

Business processes with a legal component cause hold-ups far too often — in companies and in law firms, alike. But, where there is a problem, there is usually someone ready to step forward with a remedy. The organisations listed below are using technology to help remove some of the most common obstacles, to speed up the pace of business. And, in line with the dominant theme of this year’s annual Financial Times Accelerating Business series, many are incorporating artificial intelligence into existing processes. https://lnkd.in/eY4rNBRh

Combining technology, legal expertise, and business acumen, Exigent Group Limited offers powerful, data-driven solutions to corporate legal and law firm clients. Steve Cairns, one of our Fractional CIOs, has played a central role in these advancements. His expertise in AI and machine learning has significantly improved Exigent’s technological capabilities. Steve has overseen the development and enhancement of their contract lifecycle management software, employing a cutting-edge language model to automate contract data extraction and analysis. 𝗧𝗵𝗿𝗼𝘂𝗴𝗵 𝗦𝘁𝗲𝘃𝗲’𝘀 𝗰𝗼𝗻𝘁𝗿𝗶𝗯𝘂𝘁𝗶𝗼𝗻𝘀, 𝗘𝘅𝗶𝗴𝗲𝗻𝘁 𝗵𝗮𝘀 𝗿𝗲𝗱𝘂𝗰𝗲𝗱 𝗰𝗼𝘀𝘁𝘀, 𝗲𝘅𝗽𝗲𝗱𝗶𝘁𝗲𝗱 𝗱𝘂𝗲 𝗱𝗶𝗹𝗶𝗴𝗲𝗻𝗰𝗲, 𝗰𝗼𝗺𝗽𝗹𝗶𝗮𝗻𝗰𝗲, 𝗮𝗻𝗱 𝗱𝗼𝗰𝘂𝗺𝗲𝗻𝘁 𝗿𝗲𝘃𝗶𝗲𝘄 𝗽𝗿𝗼𝗰𝗲𝘀𝘀𝗲𝘀, 𝘄𝗵𝗶𝗹𝗲 𝗱𝗲𝗹𝗶𝘃𝗲𝗿𝗶𝗻𝗴 𝘃𝗮𝗹𝘂𝗮𝗯𝗹𝗲 𝗰𝗼𝗺𝗺𝗲𝗿𝗰𝗶𝗮𝗹 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗮𝗻𝗱 𝗺𝗶𝗻𝗶𝗺𝗶𝘇𝗶𝗻𝗴 𝗿𝗶𝘀𝗸. Read more about this success story: https://okt.to/0R6Xj8 #exigent #clientstories #Lawfirms #freemanclarke #fractionalCTO #fractionalCIO #CIOs #technology #businessgrowth

We're incredibly grateful to our European Client Advisory Board members who recently gathered for our final session of 2024. These legal leaders from companies across financial services, technology, advertising, healthcare, and software industries shared invaluable insights about their challenges and priorities. Key themes that emerged from our discussion: • Regulatory pressures continue to mount, with the EU AI Act, Data Act, and DORA implementation requiring significant attention and resources from legal teams • Legal departments are seeking creative ways to do more with existing resources, exploring AI tools like Harvey and CoCounsel while remaining pragmatic about their current capabilities and limitations • There's an increasing focus on efficiency and automation, but leaders emphasized the critical importance of maintaining team engagement and motivation during times of change • Legal teams are becoming more strategic about work intake, implementing clearer thresholds and parameters for engagement while educating business partners on how to work most effectively with legal Looking ahead to 2025, our advisory board members highlighted the need to balance cost pressures with maintaining high compliance standards, adapting to evolving technology, and supporting their teams through continued change. Thank you to our advisory board members for sharing their time and insights. Your perspectives help shape how we can better serve our clients and the legal industry as a whole. #LegalOps #InHouseLegal #LegalTechnology #LegalLeadership #Innovation #EUAIAct #DataAct #DORA

Briefing LIVE'25 — putting business transformation in the spotlight ✨ Briefing LIVE brings together key business decision-makers in top-tier law firms to discuss the strategic issues impacting their day-to-day operations. This year - amid pivotal shifts in a tech-driven legal landscape - we'll be putting business transformation squarely in the spotlight. 📣 Here's what's on the agenda: - Economic keynote: An essential look at what the increasingly turbulent geo-political, geo-economic landscape means for the UK economy. - Unmissable interactive round-table discussions - how change transformation impacts different functions within law firms - AI keynote: AI is here to stay! How can it drive commercial value? - Real-world case studies: Delving into the nitty gritty of what transformation really involves - Senior-level panel discussion - what will teams and functions of the future law firm look like? - Closing keynote: How to outgrow the competition - an exclusive talk from former combat helicopter pilot Sarah Furness Are you joining us? Register today before it’s too late! https://buff.ly/3Pz20P5 #BriefingLIVE2025

We're incredibly grateful to our European Client Advisory Board members who recently gathered for our final session of 2024. These legal leaders from companies across financial services, technology, advertising, healthcare, and software industries shared invaluable insights about their challenges and priorities. Key themes that emerged from our discussion: • Regulatory pressures continue to mount, with the EU AI Act, Data Act, and DORA implementation requiring significant attention and resources from legal teams • Legal departments are seeking creative ways to do more with existing resources, exploring AI tools like Harvey and CoCounsel while remaining pragmatic about their current capabilities and limitations • There's an increasing focus on efficiency and automation, but leaders emphasized the critical importance of maintaining team engagement and motivation during times of change • Legal teams are becoming more strategic about work intake, implementing clearer thresholds and parameters for engagement while educating business partners on how to work most effectively with legal Looking ahead to 2025, our advisory board members highlighted the need to balance cost pressures with maintaining high compliance standards, adapting to evolving technology, and supporting their teams through continued change. Thank you to our advisory board members for sharing their time and insights. Your perspectives help shape how we can better serve our clients and the legal industry as a whole. #LegalOps #InHouseLegal #LegalTechnology #LegalLeadership #Innovation #EUAIAct #DataAct #DORA

Let’s make DORA contractual compliance simple.  On 26th November at 1pm GMT, ContractPodAi and PwC UK are teaming up to bring you a webinar that cuts through the complexity of #DORA, and offers practical solutions to achieve contractual compliance. We’ll cover everything from the key requirements to actionable steps, while showcasing how AI can lighten the compliance load. This isn’t just another academic session—it’s your essential guide to transforming your contracts as we approach the looming deadline of 17th January 2025.  Ready to take control of your contractual compliance journey? Register today and join the conversation: https://ow.ly/L9tj50U82CN #DigitalResilience #EURegulations #RiskManagement #RegulatoryCompliance #FinancialOrganisations #Contracts #ContractRemediation #GenAI #FinancialServices #LegalTech Mark Langsbury Shakil M. Jennifer Chambers Jonathan Nugent Christopher Neill Rajesh Chavda Trusha Kachhela