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As legal departments start to embrace AI adoption, both opportunities and concerns arise. Learn about possible ethical dilemmas AI raises, potential costs of adoption and 5 things you should do next. READ MORE ›
As in-house counsel, your job has always been about doing more with less. Artificial intelligence has a wide range of current and potential uses to help you get more done in less time with limited resources.
The adoption of AI presents legal departments with opportunities but also raises concerns. Law departments must assess ROI, as costs will likely be high initially - training lawyers on the technology and ensuring they still meet their ethical obligations.
What will widespread adoption of AI technology mean for the legal profession? How can in-house attorneys navigate the possible ethical dilemmas of having a machine doing work typically done by counsel?
Get answers to these ambiguous questions in this white paper. PLUS – learn the 5 things your legal department should do next regarding AI!
Although commonly used, indemnification provisions can be complex. Download this sample clause from Practical Law infused with tips to ensure your indemnification clause effectively manages risk. READ MORE ›
If used improperly, an indemnification provision can subject a party to continuing liability for circumstances outside of its control. When drafting and negotiating an agreement, start with this helpful sample to quickly and effectively draft your indemnification clause.
This sample clause includes:
Unilateral or mutual indemnification and defense in a sale of goods or services transaction
The legal industry is on the cusp of a revolution led by the adoption of AI computers. Learn to boost productivity through many of these practical use cases for AI in your legal department. READ MORE ›
Automated technology doesn't just perform broad or mundane tasks efficiently. Artificial intelligence works beyond a traditional work day, doesn’t require vacation or family leave and never needs to break for lunch. Based on those qualities alone, the adoption of AI to any company would improve productivity and spur business growth. But implementation can be difficult and costly.
Legal departments need to find lower cost ways to accomplish their goal - and that requires more than just pushing law firms to cut prices for traditional services. Discover the full potential of AI and its many practical use cases for your legal department.
Download this template to track a company's contracts at their various stages, including executed or terminated contracts. The at-a-glance layout allows for quick organization and reference. READ MORE ›
Effective contract management is critical to the internal control, corporate governance, and financial performance of a company. In-house attorneys keep track of many contracts at any given time and you may struggle to track them in an organized and straightforward manner.
Download this customizable template with an at-a-glance layout that allows you to:
Organize key information about a company's contracts
Compile and store essential information about each agreement in one place
Track and reference contract statuses quickly and efficiently
Examine the current state of artificial intelligence and explore the future AI roadmap in this second installment of the exclusive AI series by Thomson Reuters. READ MORE ›
Much like how email changed the way we do business every day, artificial intelligence will become ubiquitous – an indispensable assistant to practically every lawyer. But what is the future of artificial intelligence technology in the legal industry?
The Future of Artificial Intelligence is the second in a series of four in-depth articles exclusively from Thomson Reuters examining the state of AI for in-house counsel. Download it today to be ready for tomorrow.
Be proactive and avoid sexual harassment in the workplace by downloading this sample harassment policy and training presentation to properly prepare your employees. READ MORE ›
Be proactive: avoid sexual harassment in the workplace by having a harassment prevention policy in place and by training employees on compliance.
The Practical Law Sexual Harassment Prevention Training for Employees: Presentation Materials is a downloadable PowerPoint that can be used by counsel to train rank and file employees on sexual harassment prevention and reporting. It can be customized for a specific company and industry, and provides:
An overview of Title VII.
The definition of sexual harassment, including examples.
A sample company anti-harassment policy.
A description of employee obligations and reporting procedures.
Short videos from LegalWeek: Hear from legal industry experts on challenges faced in small firms and what successful firms are doing differently. READ MORE ›
Whether you're a small law firm or solo practitioner, it is becoming increasingly important to provide seamless engagement with your clients.
During LegalWeek New York, a panel of experts discussed findings from the State of U.S. Small Law Study with a focus on the pain points of solo and small firms in today’s legal market. Watch the videos and see if these challenges are similar in your firm and, learn what successful firms are doing to address these challenges.
The legal industry has only begun to realize the potential and impact of AI on day-to-day practice. How will this technology impact the profession? READ MORE ›
The practice of law has come a long way from shorthand and stenotype or the introduction of email. Just as those technologies were groundbreaking and significantly altered the legal industry - so too will artificial intelligence (AI). While you may envision talking robots and pop culture references, AI is much more than the sum of all those parts.
This article discusses the ways in which AI will become ubiquitous - an indispensable assistant to practically every lawyer. Those that do not adopt and embrace the change will get left behind.
Within the next few years, we will find ourselves on the cusp of a revolution in legal practice led by the adoption of artificial intelligence - particularly by in-house lawyers.
Practical Law Chart: A complete 50-state survey compilation of vacation pay policies READ MORE ›
With vacation season in full swing, July is the perfect month to remind your organization how vacation pay differs in the states in which you are located.
Take a few minutes to pull information from the Practical Law Vacation Pay State Laws Chart, a 50-state survey that highlights whether paid vacation benefits are considered wages, use-it-or-lose-it policies, and payment of accrued vacation on termination by state.
Work with your HR, Finance or Management teams to ensure compliance, and your leadership team will thank you for being so proactive in protecting the company from potential violations!
A 2014 study showed that 75% of law firms that focused on administrative process efficiency saw increases in both revenue and profit. Want to see the same success? Start by downloading this checklist. READ MORE ›
Administrative tasks can easily take up to 40% of a law firm’s day – this drastically cuts into profitability. Streamline the management of your firm so you can get back to what you do best – serving your clients.
This checklist provides a practical approach to better matter management with easy to follow steps for every stage:
- The outset of your matter, like client intake, accounting, know-how, and project management,
- Throughout the matter as it relates to document management, research and drafting,
- And the matter wrap-up through determining bottom-line measurements and matter profitability.
Learn how a secure, virtual strategy can help solo and small firms meet client demands and better manage their business. READ MORE ›
Virtual law firms are becoming more prevalent, thanks to the use of more cloud-based storage and less paper storage. A secure virtual environment can offer specific advantages to businesses, especially law firms.
While some attorneys are suspicious about working in “the cloud,” it might surprise them that they are already there. Anyone who sends documents through email or uses some of the more popular word-processing apps on a tablet computer is likely using the cloud.
Download this whitepaper to learn how you can leverage the advantages of a virtual law firm.
This resource addresses key issues for employers to consider when terminating an employee and best practices to minimize claims of wrongful discharge. READ MORE ›
Employers often face claims by former employees that their employment was terminated for an unlawful reason. Whether or not they have merit, wrongful discharge claims can result in lengthy battles, adverse publicity and damaged morale in the remaining workforce.
This resource addresses key issues for employers to consider when terminating an employee. It also provides best practices to minimize claims of wrongful discharge by former employees and maximize employers' ability to defend against claims files.
Knowledge, know-how, and the ability to respond with confidence. Learn the keys to position yourself as a trusted corporate advisor. READ MORE ›
The business landscape continues to evolve quickly, and corporate counsel must keep pace, monitoring and responding to changes concerning regulation, privacy and a host of other domains. If in-house legal teams cannot rise to the challenge, they will be unable to work proactively and play the role of sought-after advisor who can consistently advise the business on new threats and opportunities.
However, by aligning themselves with a new path forward, one marked by both heightened efficiency and effectiveness, Corporate Counsel can better respond with confidence and assert their position as a trusted corporate advisor.