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Contract Management: Still A Hot (And Fraught) Technology Market
3 Mins
We hear the buzz at conferences, read about the money pouring into the burgeoning contract management technology sector, receive solicitations from a bewildering assortment of vendors, and talk with colleagues who mention unfamiliar brands...
Read MoreFour Practical Use Cases for Applying Text Summarisation to eDiscovery
3 Mins
Text summarisation, driven by advances in Gen AI and natural language processing (NLP), has the potential to drive efficiency, accuracy, and strategic decision-making across legal processes. But how can text summarisation apply to eDiscovery, with...
Read MoreContract Management: Making the Business Case for Investment
3 Mins
Contracting is a team sport. A well-designed enterprise contracting capability knits together multiple departments (and their supporting technology systems) so that contracting is conducted with full knowledge of the extent of the corporation’s...
Read MoreContract Management; Improving Value Through Data Analytics and Better Resourcing Models
Optimising contracting operations involves orchestrating the interplay among people, processes, policies, technology and importantly, the data the technology generates.
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The Four Hidden Risks of a Fragmented CLM Deployment
State of Play: Adoption of Gen AI in Corporate Legal Departments
Cyber Incident Readiness and Response Implications of the Privacy and Other Legislation Bill 2024
On 12 September 2024, the Australian Government introduced the Privacy and Other Legislation Amendment Bill 2024 (Cth) (Bill). Styled as the first set of a raft of incoming reforms, the Bill sets out a range of new enforcement powers, penalties...
Read MoreWant AI? Consider Workflow Automation Technology
3 Mins
The hype around Gen AI has contributed to a wave of interest in how to apply many forms of AI, not just Gen AI. As companies promote the adoption of AI enterprise-wide to remain competitive, some in-house legal departments are enjoying less...
Read MoreThird Party Legal Billing Services: Solving Some of Legal Billing’s Biggest Problems
3 Mins
Billing is a uniquely complicated matter in the legal field, one that regularly results in a considerable amount of lost revenue. The average law firm had a nearly 10% gap between hours billed and payment collected in 2023. Depending on the...
Read MorePreparing for the Full Power of AI: The Crucial Role of Information Governance
As organisations increasingly embrace the transformative potential of Artificial Intelligence (AI), the importance of robust Information Governance (IG) policies cannot be overstated. AI, a technology that mimics human intelligence to generate...
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