iManage is the leading provider of work product management solutions for law firms, corporate legal departments, and other professional services organisations. More than 3,500 organisations around the world rely on iManage to serve their clients more effectively by improving productivity and governance throughout the creation, sharing and security of work product.
The rise of alternative service providers, the death of the billable hour and the drive for more tech-savvy, streamlined legal service has drastically transformed the legal sector over the past several years. With new challenges brought on by the arrival of the COVID-19 pandemic, transformation in the legal sector continues to accelerate at an unprecedented rate.
SeeUnity, the leading provider of API-based content integration and migration solutions for onpremise and cloud-based Enterprise Content Management applications, is pleased to announce today the release of Echo Automate, an Echo Content Synchronization product enhancement designed to automate the time-consuming process of creating, maintaining, and executing large volumes of meta-rules, including synchronization rules, between systems.
Long working hours, high-pressure stakes and an ever-evolving market contribute to the everyday stresses of being a lawyer in the modern world. In the legal industry, any means that can help alleviate the stress and pressure being put on lawyers is welcome - especially if it allows them to do a better job for their clients.
From market trends to evolving use cases, our latest roundtable focused on sharing insights to help our customers thrive as the legal industry undergoes significant changes.
As part of the discussion, our legal knowledge engineering team shared valuable information on the strategic approaches law firms can take to stay agile and how Kira’s recent product development can help. This was particularly important because 65% of participants noted they’ve experienced increased client demands for the use of technology since COVID-19 began to impact the market.
iManage, the company dedicated to transforming how professionals work, today announced it has acquired Closing Folders, the market leader in legal transaction management (LTM). The acquisition uniquely enables iManage to deliver automation and governance over transactions and deal documents from creation to closing.
Kira Systems, the industry leader in machine learning contract review and analysis software, today announced its upcoming release of Answers & Insights. This new capability goes beyond identifying and extracting provisions, clauses, and data points, by interpreting this data and providing decision-makers in firms and organizations with the answers to their most pressing questions, instantly. It’s fully integrated into our no-code machine learning platform, Kira Quick Study, allowing for easily scalable customization.
Artificial intelligence (AI) has changed how we operate in almost every facet of our lives. From digital assistants that anticipate when to order paper towels to cars that can drive themselves, AI is everywhere. Law firms can also benefit from the vast advantages AI offers. More specifically, the way in which AI changes contracts is especially impressive. Contract management, particularly drafting, can be a costly and labor-intensive process. For people dealing with large volumes of contracts, the drafting process can become a full-time job.
As law firms and legal teams continue to navigate the ongoing COVID-19 pandemic, the issue of business continuity and agility has emerged as a key theme amongst today’s practice leaders. During the pandemic, entire organisations have rapidly transitioned to remote work, with legal teams uncovering new technologies and tools for continuing business-as-usual. However, the sudden upheaval of entire law firms and organisations to home-based PCs and mobile devices also has proved just how ill-prepared many firms were for this level of disruption.
Contract Review: M&A, Capital Markets, Lease Abstraction, Commercial (Franchise and Technology), Banking, Deal Points, Compliance and Entity Management
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