Artificial intelligence (AI) and robotic process automation (RPA) can dramatically improve critical legal processes. In the case of the e-discovery process — which involves volumes of structured and unstructured data that lawyers must sift through — these technologies can have a drastic impact on how legal teams spend their valuable time. Currently, 62% of lawyers […]
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Exigent Group
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Latest from Exigent Group - Page 12
Emerge with a Splash Post-Pandemic
Nicola Stott, our Global Managing Director, offers some food for thought on how to emerge in better shape than you went in. Restaurants that have never delivered a single meal are cooking for hundreds every week. An animal farm in Silicon Valley with no visitor revenue is inviting you to have a ‘Goat to Meeting’ […]
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Emerge with a Splash Post-Pandemic
Nicola Stott, our Global Managing Director, offers some food for thought on how to emerge in better shape than you went in. Restaurants that have never delivered a single meal are cooking for hundreds every week. An animal farm in Silicon Valley with no visitor revenue is inviting you to have a ‘Goat to Meeting’ […]
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5 Key Changes for Businesses Post COVID-19 & How to Adapt
Our founder and CEO, David Holme gives his perspective on the post COVID-19 business changes and challenges that are affecting organizations. With less emphasis on a particular industry or profession, he aims to shed light on the profound post COVID-19 business changes that are facing all business operations. The stark reality is that there are […]
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How Legal Departments Can Reposition for Success After the Pandemic
The legal industry has taken a major hit from the COVID-19 pandemic. Some firms and businesses have succumbed to the stresses of the pandemic; others have remained operational, overwhelmed with triaging new challenges while staying on top of daily tasks. Now that some countries and states are moving toward reopening their economies, legal departments and […]
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8 Key Issues for Your Company’s Pandemic Risk Matrix: What the COVID-19 Data Explosion Means for Business & Legal Risks
We’re in the middle of a data explosion. Today a Google search of COVID-19 generates almost 3.5 billion results; and searching for coronavirus (official name ‘SARS-CoV-2’), the virus that causes COVID-19, generates almost 2.3 billion Google results. The virus and disease that trigger a growing laundry list of symptoms are also generating a mind-numbing constellation […]
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How Legal Ops was Overhyped and What Must Happen Now to Move the Dial
Legal operations; also known by its smoother sounding derivative alias, “Legal Ops,” is a ubiquitous function of today’s legal in-house departments. It seeks to maximize the efficient delivery of legal services. It is a fast-moving, evolving, and varied discipline, but at its essence, it strives to run in-house legal like a business, focusing on competencies […]
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How COVID-19 Has Radically Changed M&A Litigation
When making deals that involve potentially millions of dollars, years of potential new operations and responsibilities, and the fate of numerous workers’ careers, the last thing either party wants is to see an M&A deal end up in litigation. Yet the high-stakes of M&A frequently necessitates litigation to ensure sellers obtain the maximum value for […]
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5 Steps to Implementing RPA or AI in Your Organization
If you’re intrigued by the possibility of robotic process automation (RPA) in your organization, know that you’re in good company. While it’s true that just 12% of organizations currently use AI in their legal processes, nearly half (45%) are also exploring its potential to reduce legal workload, gain additional insight or boost personnel performance. Interest […]
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Why the Legal Department Will Never Be the Same After COVID-19
The legal industry hasn’t always been known for its rapid adoption of changes. In the wake of COVID-19, however, it’s been forced to come to terms with new realities in the legal world. It’s tempting to attribute the shifting legal landscape to the transformative effects of the pandemic, but these changes have been in the […]
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6 Use Cases for AI and RPA in Law Firms and Legal Departments
Modern legal technology is on the rise. Firms and legal departments of all sizes are discovering that tech like artificial intelligence (AI) and robotic process automation (RPA) can drastically improve critical processes. Top companies leverage these technologies to cut costs, improve accuracy and save time — all without hiring additional employees or dismantling existing processes. […]
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Innovating the Future of Corporate Legal Operations
Eric Eckhardt, Vice President, Legal Solutions weighs in on innovation and how it applies to the future of corporate legal operations. Once upon a time (the year 2000ish) in a land far away (the conference room most often used by the C-Suite) spreadsheets were reviewed and reports were read and everyone scratched their heads asking […]
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Five Ways Smart Contract Management Can Reduce Your Costs
Contract management has moved on from the days of being simply an electronic filing cabinet. Today’s technology can help you drive value from your data, better manage risk, and boost cost savings. Whether we’re in a bull or bear market, pre-COVID, or the new normal, increasing value will always pique the attention of your CFO […]
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LIBOR vs. SOFR: The Key Differences You Need to Know
The London Interbank Offered Rate (LIBOR) has had a good run; not every financial standard can claim a nearly 50 year history. But by the end of 2021, the benchmark rate is being retired — and for some very good reasons. Of the $250 trillion worth of financial contracts that are tied to LIBOR, those […]
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Implementing a Data Strategy Can Help You Thrive Post COVID-19
Developing your data strategy might not be on your priority list right now, but converting your organization to be a data-driven business could be just the transformation you need to bounce back. Hindsight, as they say, is 2020; and we are already finding that this year has proved illuminating for many organizations who, under mounting […]
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Managing Legal COVID-19 Supply Chain Risk
Considering the level of disruption caused by the COVID-19 global health crisis, organizations can’t expect their supply chains to function as intended. In fact, the COVID-19 pandemic has been estimated to impact the supply chains of more than 5 million companies. Managing that impact and minimizing risk is going to require informed legal insights; if […]
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