The matter management company may be the latest in a crowd of legal tech vendors integrating generative AI into their tools, but they hope to set themselves apart by focusing on metadata retrieval.
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LexisNexis CounselLink Report: Law Firm Partner Rates up 4.5% in 2022
Today LexisNexis® CounselLink released its 2022 Annual Trends Report. The unstable economy and a tighter legal market have not caused law firms to pull back on billing rates. To the contrary law firm partner billing rates rose faster last year than they have in a decade.
The average partner rate increased by 4.5% (compared to 3.4% in 2021 and 3.5% in
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On LawNext: Wolters Kluwer V.P. Abhishek Mittal on Data Management and Operational Excellence
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 internal processes and new products.
In 2021,
Continue Reading On LawNext: Wolters Kluwer V.P. Abhishek Mittal on Data Management and Operational Excellence
LexisNexis Announces Preview Launch Of Lexis Connect, AI-Powered Matter Management Within Microsoft Teams
The product is being developed in partnership with Microsoft, and Microsoft’s Corporate, External and Legal Affairs (CELA) department has signed on as the first preview customer to test and help further develop the product.
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LexisNexis and Microsoft Announce Lexis Connect, an AI-Powered Matter Intake Application
Lexis Connect is built specifically for corporate legal teams, and built on Microsoft Teams. It includes two generative AI powered chatbots: Ask Legal, and a legal research assistant chatbot tied directly to Lexis Connect.
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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 first preview customer to test
Continue Reading Breaking: LexisNexis Announces Preview Launch of Lexis Connect, AI-Powered Matter Management within Microsoft Teams
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 performance, and create business value,
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Luminance Rolls Out Generative AI-Powered Chatbot 'Ask Lumi' for Corporate Customers
The AI-powered chatbot is trained on a limited set of data that Luminance has collected over its years of drafting contracts.
Continue Reading Luminance Rolls Out Generative AI-Powered Chatbot 'Ask Lumi' for Corporate Customers
Xakia launches legal matter management solution for small in-house legal teams
Australian-headquartered legal matter management vendor Xakia today (9 May) officially launches a new ‘out-of-the-box’ solution to meet the needs of smaller in-house teams, which has received positive customer testimonial (see …
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Bloomberg Law Contract Solutions Offers AI Enabled Drafting for In House Counsel -Launch Even May 11th
Bloomberg Law has announced the launch of Bloomberg Law Contract Solutions, a new AI enabled contract workflow for In-House Counsel. The product is designed to help lawyers streamline drafting and negotiation with tools for profiling, searching and extracting clauses. The product was designed in consultation with corporate legal teams.
Live Virtual Event Bloomberg Law Contract Solutions will be introduced at
Continue Reading Bloomberg Law Contract Solutions Offers AI Enabled Drafting for In House Counsel -Launch Even May 11th
Luminance’s CEO on the Future of Lawyers and Why ChatGPT Is Only ‘Dinner Party’ Smart
The use of AI is becoming essential, but humans will always be necessary in the business of law, says the head of one of the legal sector’s fastest growing tech firms.
Continue Reading Luminance’s CEO on the Future of Lawyers and Why ChatGPT Is Only ‘Dinner Party’ Smart
How GCs Can Leverage Technology to Help Businesses Through Crisis
During a financial crisis, the GC’s role is to identify risk and support new opportunities in the shortest amount of time possible, with as little error as possible, to minimize risk as much as possible—all while keeping the company alive.
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Wolters Kluwer Offers Free Bank Failures Toolkit for Corporate Counsel
In the wake of the recent failures of Silicon Valley Bank and Signature Bank, Wolters Kluwer Legal & Regulatory U.S. has launched a new resource, intended for corporate legal departments, that provides a collection of guides and checklists to help companies avoid a bank failure and take action when a failure occurs, as well as a tracker to follow related
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Wolters Kluwer Launches Bank Failures Toolkit: Due Diligence, Risk, Communications and a Litigation Tracker
Wolters Kluwer Legal & Regulatory U.S. One week after the collapse of Silicon Valley Bank, Wolters Kluwer posted a free publicly available resource Due Diligence Checklist .Since March 17th they have added five addition resources to a suite of tools referred to as the Bank Failures Toolkit. The resources are developed for inhouse counsel and their external law firms..
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Building On Its Acquisition of Parley Pro, LexisNexis Adds Contract Lifecycle Management to CounselLink
Building on its acquisition last year of the contract lifecycle management (CLM) platform Parley Pro, LexisNexis is today announcing the integration of Parley Pro’s CLM capabilities to its cloud-based CounselLink enterprise legal management solution for corporate legal departments.
CounselLink is also today introducing work intake features designed to facilitate the submission and management of legal requests coming in to
Continue Reading Building On Its Acquisition of Parley Pro, LexisNexis Adds Contract Lifecycle Management to CounselLink