Case management software:Legal case management softwareallows law firms to manage their cases and communicate with clients all in one central location. Analytics and reporting tools: Using reporting and analytics tools, law firms are able to gain valuable insights that support decision-making for the...
However, the focus on license compliance may result in acquiring more software than is necessary. For example, there is a common practice to purchase extra licenses “just in case” to avoid possible difficulties if a shortfall occurs. Overprovisioning software can become an invisible yet significan...
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Having automated backup software with legal hold functionality is a simple way to collect and preserve data for the purposes of litigation. This legal hold management software should preserve data in its original format and be able to present changes to the data over time upon request. With a s...
Contract management software (CMS):CMS automates the entire contractual process and protects procurement teams from wording and errors that have potential legal ramifications. Cybersecuritysolutions:Technologies such asencryption, secure access controls and threat detection systems help safeguard procurement dat...
As we'll explore soon, keeping the lines of communication clear with your LPO provider is key, especially for complex legal cases requiring constant interaction. This is why the use ofknowledge management software for your law firmthat seamlessly integrates with your existing technology is paramount...
In the international paper size system, sizes are based on mathematical formulas. However, in America, that is not the case. So, when creating a legal document, you need to pay attention to the size and dimensions of your document. Especially if your document should be printed and signed. ...
When businesses start to implement contract management processes, they often prioritise the needs of the Legal team. More often than not, this team is responsible for the day-to-day handling of agreements. Contract management processes become most effective when all areas of an organisation are bou...
Why is software composition analysis important? SCA’s value is the security, speed, and reliability it offers. Manual tracking of open source code is no longer sufficient; it simply can’t keep up with the sheer amount of open source. And the increasing prevalence of cloud-native applications...
Insider Trading: When Is It Legal? The idea of "legal insider trading" is a bit of a misnomer. As Fagel, the former SEC regional director, told us, "There is no such thing as 'legal insider trading.' If one engages in insider trading (i.e., someone with a legal duty trading on ...