Law firms considering machine learning and natural language processing to support contract reviews should consider several best practices when sourcing and deploying this emerging technology, starting with identifying their organization`s key needs and requirements, says eBrevia`s Ned Gannon. Reynen Court, the groundbreaking legal technology platform that recently launched an online public stock offering to raise growth capital, today announced two promotions designed to prepare the company to grow its business. With so many legal conferences, it can be difficult to choose which events to attend. When it comes to legaltech news, here are some of the best conferences: Legaltech news is about updates, product launches, new ideas, and other notable changes in the legal technology world. This could be a company launching credit card payment software for lawyers, or how Legal Technology is helping law firms build modern legal networks. There are many high-quality legal blogs that you can keep on your radar. These include blogs specifically for legaltech news. Dallas-based Surge Private Equity LLC said Tuesday it has invested $36 million in New York-based legal document and eDiscovery services provider Avalon Document Services Inc. at a time when investment in legal technology is declining.

Keep an open mind and try to have fun, as networking can offer many benefits beyond legaltech news. Senior in-house lawyers are divided on whether the best lawyer in a firm should be a general counsel or a general counsel, but expect technology to be part of the role, according to a new report released Tuesday. Just as we all consume our news a little differently, so do legaltech news. From press releases to podcasts, there are many ways to take the pulse. Technology affects everything we do, from how we pay at the supermarket to booking at a restaurant. And no matter how comfortable you are with the use of technology, technology is here to stay. So, while not everyone needs to live in a smart home and buy a drone, you`ll have a better understanding of legaltech, as well as its benefits and challenges. With this knowledge, you will ultimately get a more holistic view of the legal industry.

PracticeEvolve, in partnership with Legal Practice Management, has released a Legal Industry Outlook detailing the challenges organizations face with cloud technology and the help they need from their suppliers. But keeping up with all the industry updates can be overwhelming for lawyers. Luckily, we`ve made it easy to stay up-to-date on legaltech news. Read on to familiarize yourself with the main sources of legaltech information. Contract management software company Bigle Legal announced on Monday that it has joined the Spanish Chamber of Commerce in the United Kingdom, becoming the first legal technology company to become a member of the association. In addition to pure legaltech news, there are plenty of informative lawyers you can follow on Twitter to make sure you`re up to date with the latest industry events. It`s worth noting that many well-known lawyers will be tweeting about the latest and greatest legaltech news, as well as other relevant topics. Best practices for adopting new regulatory technologies include considering business needs, building an implementation team, integrating the new tool into the workflow, and potentially simplifying the user, says Orrick`s Orr. BigHand today announced the release of the latest version of its legal task delegation solution, BigHand Workflow Management.

Based on client feedback and market demand, the latest version (5.5.1) supports a wider range of legal work practices and aims to further reduce the time lawyers and legal support teams spend on administrative work. Both in the real world and on Marvel Comics Earth 616, intellectual property rights can be a super-weapon to inflict severe suffering on your enemies. In the latest episode of The SuperHuman Law Division podcast, we look at the legal issues raised when She-Hulk loses the right to call itself She-Hulk after Titania claims this trademark. Read More A real supervillain uses intellectual property rights to attack his enemies (SHLD Ep. 5) Luminate+ stated that it has set up legal luminaries to produce programs that are far more relevant and persuasive than the dry CLE offerings that many lawyers are used to. Continue Reading New streaming service designed to help lawyers keep up with rapid changes If you`re the type to turn to Twitter for your posts, social media may be the best way to stay on top of legaltech news. Start by following your favorite legaltech publications, companies, journalists covering legal technology, and legaltech industry professionals. This provides you with a wide range of views and information that you can consume quickly and at your own pace. Here are some Twitter accounts to consider: Here are five ways to stay informed about the latest events in the legaltech world. Most corporate legal departments collect superficial data about their operations, such as cost and time to resolution, but legal managers should explore more in-depth data collection to assess a lawyer`s effectiveness, the effectiveness of legal work, and more, Intel`s Andy Krebs says.