At ILTA '09 yesterday, Ron Friedmann 'live blogged' (no, I didn't just invent that term) a panel discussion on Technologies That Will Disrupt Traditional Legal Practice, lead by Richard Susskind. By all accounts, the session was very well received. Below is my take on some of Susskind's key points. (If you're interested in the future of legal practice I urge you to read Ron's full post.)
The Billable Hour is still under attack in the nation’s press and real change seems to be taking hold. According to several recent blog posts and the Wall Street Journal, corporations are using the recession to structurally change the way they acquire legal services.
Exari CTO Justin Lipton recently wrote about the potential demise of MS Word on the CIO blog after reading this article. In case you missed it, we are reposting it here.
Sinning, we know, is human. And we all know what Capital Vices are. But no one before has applied the 7 Deadly Sins to contract drafting, and explained how common errors in writing legal agreements can lead to “eternal contractual damnation”.
If you manage a corporate legal department, there are three telltale signs that you might get significant value from automating the creation of your day-to-day business contracts.
Company culture is heavily influenced by the views of its leaders, particularly the people who’ve been around since ‘Day 1′. Exari co-founder and Chief Technology Officer, Dr. Justin Lipton, is one such person.
Everyone who deals with legal documents can point to unintelligible agreements. Many would argue that this is the aim of the drafter.That may sometimes be the case. But, more often, the drafter(s) in question simply know no better. Most lawyers are NEVER taught how (or why) to draft in Plain English.
In 2002 Gartner predicted that, by 2007, there would be a $20 billion market for Contract Lifecycle Management software and services.
Tim Cummins - CEO of the International Association for Contract & Commercial Management (IACCM) - has written a post suggesting why market growth hasn't met those expectations.
If you work with legal documents, you've probably had to contend with MS Word's outline numbering. In which case you may have also suffered the pain of your numbering spontaneously going haywire. Sound familiar? Then read on.