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With companies’ obligations, risk - and value - defined by their agreements nowadays, contracts should be treated as their most vital business assets. That is why in-house legal departments need deeper insight into every agreement - to manage their risk profile and make better business decisions.

If you are looking to implement new technologies and want to understand the steps to make the change, join this discussion and learn from award-winning legal technology experts and immigration attorneys who have a track record in creating and embedding these technologies into law firm processes.

The volume of conversations on platforms like Slack and Teams has grown exponentially in the past year, as employees look for ways to connect and work more efficiently. However, compared to email, this conversation data is largely nuanced and unstructured—making discovery and governance a challenge.

In this session, the panel will discuss why this data set is drastically different and explore considerations.

Payment collections are a complex, time-consuming, and costly burden for law firms. Clients may pay late; or use paper checks, lockboxes, and bank trips that can create sluggish cash flow bottlenecks. Your staff may even spend endless hours on reconciling accounts and following up on delinquent invoices. Digital payment platforms resolve many of the above-referenced pain points associated with the collections process.

As the lines have gone from blurry to nonexistent, lawyers and legal teams everywhere are struggling with when to ‘end’ the workday before a new one begins. An already long overdue concern for lawyers, finding appropriate work/life balance amid a global pandemic requires legal teams to think more creatively about how they are helping lawyers reduce stress and maintain a sustainable pace that will not lead to fatigue, burn out, or more serious mental health concerns. Thanks to the recent pandemic however, a silver lining has emerged: there is a new light and focus on what firms can do to boost morale, keep mental health front-and-center, and make work/life balance a reality, instead of a hopeful, yet distant dream.

Join our distinguished panelists from corporate legal departments, legal technology providers, and law firms as we examine several interesting ELM case studies to illustrate its criticality to Legal Ops.

In high growth companies, contracting pain points can make your organization less competitive. Fortunately, your legal team has access to world-class, robust AI solutions that can help enhance performance of the legal team and avoid common business pitfalls. If deployed correctly, contract AI can be a legal team’s best friend - shrinking the knowledge gap across years and silos, acting as a digital assistant to automate repetitive tasks, and arming lawyers with tools that help them be proactive rather than responsive.

This session will give you insight into keeping pace with emerging state data privacy regulations. Following passage of CCPA and CPRA in California, states are prioritizing enacting data privacy laws to more aggressively regulate the use of consumers’ personal information. These laws will have profound implications on how companies, including law firms, do business and communicate with their customers moving forward.

When implemented correctly, automating repetitive tasks in the contract lifecycle process should accelerate the sales cycle without compromising Legal's function as a primary risk manager. When you implement effective, automated document and contract management solutions, you will reduce risk, improve visibility and accelerate cycles.