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Legaltech News

Despite Appetite for Insights, Firms Still Struggle With Matter Profiling

Law firms and corporate legal departments want to better understand the matters that come across their desks, but eliciting insights from the data can require some major effort.
3 minute read

Legaltech News

Big Data May Be Making Portfolio Pricing Easier Than Ever

With a significant amount of matter data to draw from, negotiating a portfolio pricing deal can be a far less risky and arduous endeavor.
3 minute read

The Legal Intelligencer

Tomorrow's Artificially Intelligent Lawyer Getting Closer Each Day

Among the many people making that prediction, Richard Susskind put it best in "Tomorrow's Lawyers" by observing that “we are at the beginning of a period of fundamental transformation in law: a time in which we will see greater change than we have seen in the past two centuries.
6 minute read

Legaltech News

On Heels of $200M Investment, Onit Acquires Legal Ops Platform SimpleLegal

Legal operations management platform SimpleLegal is Onit's first acquisition and will become a stand-alone subsidiary of the Houston-based enterprise workflow company.
3 minute read

Legaltech News

Legal's Modern Tech Challenge: Learning When Not to Use AI

Most law firms possess the large data sets needed to feed machine learning, but the time commitment involved means it's not always the right solution.
3 minute read

Legaltech News

Are the Gates Separating Law Firm Managers From New Innovations Too High?

Those wanting to test out innovative tech in-house must first get past their firms' “gatekeepers” who are empowered to limit spending on tech, and essentially block access to vendors and key partners.
3 minute read

Legaltech News

LexisNexis, LEAP Enter Joint Venture to Support PC Law, Time Matters Solutions

The joint venture between LexisNexis and LEAP Legal Software will exist outside the company's ongoing Authorized Hosting Program for PCLaw and Time Matters, which allows select cloud providers to host the solutions.
3 minute read

Legaltech News

Wolters Kluwer Acquires CLM Matrix, Pushing Deeper Into Contract Management Market

CLM Matrix will continue to be sold as a stand-alone product, while at the same time being integrated into Wolters Kluwer's spend and matter management products.
4 minute read

Legaltech News

LexisNexis Updates CounselLink, With Greater Scrutiny on Outside Counsel Management

LexisNexis CounselLink unveiled a new set of features designed to assist corporate law departments with tracking tasks and take a more metric-driven approach to choosing outside counsel.
3 minute read

New York Law Journal

Back to the Future: The Effect of AI on the Law Firm Model

Both the practice of law and the business of law will change with the rise of artificial intelligence (AI), and law firms will need to adapt to those changes.
8 minute read

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

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