What does it take to lead through the wake of a pandemic and manage a corporate legal department on the threshold of tremendous societal, technological, governmental and organizational upheaval? It’s a question many chief legal officers (CLOs) and general counsel have been asking themselves and their peers throughout 2021. For some, the answer has been present all along in the choices they’ve made and in the resiliency they’ve maintained amid a never-ending stream of challenges.
Continue Reading The General Counsel Report 2022: Leading with Endurance Through Risk, Culture and Technology Challenges
technology
Tapping into Your Knowledge Assets
The professionals within corporate legal departments (CLDs) might be the living embodiment of knowledge workers: people whose main capital is knowledge and whose line of work requires them to “think for a living.”
Like a variety of other organizations centered around knowledge workers, CLDs are under pressure to find a way to work more efficiently, innovate faster, and get the most from their employees’ expertise. To get that edge and stay ahead, every resource counts – but in too many organizations, knowledge remains a valuable, yet untapped, asset.
There are several reasons why.
First among these is the challenge of simply finding documents. Knowledge workers report they spend an inordinate amount of time searching for specific pieces of content that are scattered and siloed across multiple systems. The information stored in documents holds tremendous potential, but that potential can’t be activated if workers are too overwhelmed to make the most of information spread between disparate sources, or don’t even know where to look.
Another key factor impacting the ability of organizations to truly tap into their knowledge is the remote workforce transformation that has taken place in the wake of the COVID-19 pandemic. Upwork estimates that by 2025, 36.2 million…
Continue Reading Tapping into Your Knowledge Assets
AI in Legal Bill Review: Finding the Best Among the Rest
With the current focus on artificial intelligence (AI) as one of the biggest trends in legal technology, it is not surprising that more companies are now touting the AI capabilities of their bill review solutions. However, building an AI solution is not a simple process. When done right, it results in best-in-class technology that delivers maximum value. When corners are cut, though, or AI is built on lesser data, the result is a solution that cannot maximize the legal department’s ROI.
Continue Reading AI in Legal Bill Review: Finding the Best Among the Rest
As Legal Tech Surges Forward, Don’t Get Left Behind
Ken Crutchfield, vice president and general manager of legal markets at Wolters Kluwer Legal and Regulatory U.S., discusses the booming legal technology market, including what in-house counsel can do to ensure that they choose the right solutions for their company – now and in the future.
Continue Reading As Legal Tech Surges Forward, Don’t Get Left Behind
Meeting Client Expectations in a Changing World
Ken Crutchfield, vice president and general manager of Wolters Kluwer Legal & Regulatory U.S., discusses the results of the organization’s 2021 Future Ready Lawyer survey, including how new technology and processes are moving the legal field forward.
Continue Reading Meeting Client Expectations in a Changing World
ILTACON Tackles Changing Legal Service Delivery Models
Brad Blickstein, founder of Blickstein Group reflects on ILTACON 2021, and its gradual shift of focus over the past few years.
Continue Reading ILTACON Tackles Changing Legal Service Delivery Models
Patent Protection for Cryptocurrencies and Blockchain Technology
Jonathan Solomon, principal with Fish & Richardson, discusses the state of the cryptocurrency industry – what kinds of technologies his clients are looking to patent, the challenges of obtaining patent protection in this area, and where he sees the industry heading in the future.
Continue Reading Patent Protection for Cryptocurrencies and Blockchain Technology
Corporate Counsel: We Want More Flexibility!
In this piece at Bloomberg Law, Paula Hogéus, leader of the EY Global Labor & Employment Law team, and Nicholas Bruch, leader of the EY Global Tax and Legal Analyst team, cites new data from a pair of EY surveys that suggest many concerns about remote work were premature.
Continue Reading Corporate Counsel: We Want More Flexibility!
ACC Lauds 2021 Value Champs
The Association of Corporate Counsel (ACC) has unveiled its 2021 Value Champions, recognizing a dozen law departments, and their outside partners, for using technology and data to optimize legal services and drive value.
Continue Reading ACC Lauds 2021 Value Champs
Pairing Incredibly Sharp Legal Minds With Brilliant Data Scientists
Wendell Jisa, CEO of Reveal, and Jay Leib, executive vice president of Reveal, discuss a new technology-enabled legal service, Aiscension, that’s aimed at discovering business risks posed by cartels.
Continue Reading Pairing Incredibly Sharp Legal Minds With Brilliant Data Scientists