As the CLOC Global Institute continues in Las Vegas, legal tech companies are taking the opportunity to showcase their latest products and announcements. This year’s dominant theme is generative AI, with several companies releasing products and upgrades with AI capabilities aimed at simplifying legal department operations and boosting efficiency.
Agiloft has partnered with Mitratech to connect its contract lifecycle management (CLM) platform with Mitratech’s TeamConnect, while Casepoint has launched ChatViewer to improve the review process for chat messages. ContractPodAI’s previously announced GPT-4-powered “legal services hub,” Leah, is now available as a standalone product, and Evisort has added generative AI to its platform for draft and redlining.
Furthermore, LinkSquares has introduced its enterprise legal management platform, while LiquidText has incorporated ChatGPT into its note-taking and document-analysis software.
The use of AI in legal tech is becoming increasingly prevalent, with companies seeking to streamline the legal department’s workload and improve efficiency. These latest product releases and updates are a testament to the growing importance of AI in the legal tech industry.
Related Facts:
– The CLOC Global Institute is a conference for legal operations professionals that provides education, networking, and tools for companies seeking to optimize legal operations.
– The legal tech industry has seen significant growth in recent years, with increasing reliance on AI and other technologies aimed at simplifying legal operations.
– The COVID-19 pandemic has accelerated the adoption of legal tech solutions as companies seek to optimize their operations in a remote environment.
Key Takeaway:
Generative AI is emerging as a dominant theme in the legal tech industry, with companies seeking to streamline legal operations and improve efficiency. These latest product releases and updates demonstrate the growing importance of AI in the legal tech industry and the trend towards automation in the legal department.
Conclusion:
Legal tech companies are capitalizing on the CLOC Global Institute to showcase their latest offerings, with generative AI emerging as a dominant theme. These products and upgrades demonstrate the growing importance of AI in the legal tech industry and the trend towards automation and streamlining of legal operations. As the legal tech industry continues to grow and evolve, AI will undoubtedly remain a key area of focus for companies seeking to optimize legal department operations.
