Gaurav Oberoi’s Post

Did you know that 89% of businesses grapple with managing a high volume of simple contracts? Join us for a fun session with the legal expert, Lucy Bassli, to discuss how AI speeds up contract reviews, saving businesses significant time and resources. Register now: https://t.ly/9OP2m #legal #operations #contracts #ai

Studies show that 70% of businesses struggle to manage their contracts efficiently. ❌ However, AI is now changing the narrative! 🚀 Join us for a fun session with the legal expert, Lucy Bassli🎗, to discuss how AI is making contract reviews faster, saving businesses significant time and resources. Register now: https://t.ly/9OP2m #legal #operations #contracts #contractmanagement Sudeep Shukla

Law Firms – Gen AI – Speed/Efficiency -Client Communication – A Possible Effect on Fees? I have just read an article in Legaltech News, delving more into a question I asked a few weeks ago about will Gen AI effects their communication with their clients and their costs. I personally felt that it provided a valuable insights into how Gen AI will impact communication with clients and costs within the legal industry.   The session at Legalweek 2024 addressed key areas such as technology, pricing structures, and compensation to create sustainable engagement in the future. I would like to say that, to me, it's not just about reducing costs but also about enhancing efficiency, speed, and the quality of communication with clients. Also improving investigative speed, efficiency of writing contracts, reports and other documents that could lead to better client service and potentially more time for meaningful client communication. It's encouraging to hear that top law firms are engaging with these discussions and seeking insights to adapt to the changing landscape. It is a concise and interesting article that is definitely worth a read. Gen AI Could Force Lawyers, Clients to Talk Differently About Billable Hour, Legal Pricing | Legaltech News #genai #legalai #legaltech

AI and Automation are always a hot topic for Lucy Bassli🎗! As she has quoted before: "When we have general counsels that are shopping for AI, I��m already scared. They’re shopping for AI, but they don’t know how many contracts their department is dealing with, they don’t know what kind of contracts, they don’t know why some contracts take longer than others. …They don’t have the answer to why." Looking forward to a great discussion - Save your spot below: #CLMReadiness #CLMtech

How Can AI Deliver Compliance and Cost Savings? An uncertain economy, propelled by high inflation and staff reductions, has made managing costs and gaining efficiencies a top priority for corporate legal departments (CLDs). AI can reduce the hundreds of hours it takes a single attorney to review law firm invoices, automatically scan for discrepancies or billing guideline violations, and more. Get an overview of the process and how to get started on the Knowledge Hub >> https://bit.ly/3T5Z2D1 #Knowledgehub #CLA #Lawyers #AI # Savings

Unlock the Power of AI for Your Law Firm! Register here: http://lexn.me/wK9650S6Aci June 12th at 10am (UTC +04:00, GST time) Join us for an insightful webinar to discover how generative AI can revolutionise your legal practice. Alexandre Yérémian, CEO & Co-Founder of Jarvis Legal, will share invaluable insights on leveraging AI assistants like TONI to streamline tasks, automate processes, and save countless hours each month. From creating matters and contacts to scheduling appointments, #TONI empowers lawyers to work smarter, not harder. Explore the boundless potential of AI in the legal realm and gain a competitive edge. Register now! #LexisNexis #Jarvislegal #legal #Middleeast

We are excited to share more about our investment in Streamline AI, which is helping transform the legal intake process for organizations. We’re thrilled to be partnering with Kathy, Julian and the Streamline team on their journey! #legal #legaltech #lawtech #legalinnovation #legalindustry

An amazing webinar on “AI in law firms” that took place last week. I learnt so much from all different perspectives in the legal industry which has been so valuable in adding to my understanding of the topic.

🌟 Get AI-mazed in our upcoming webinar! 🌟 Discover how #AI can revolutionize your #legal tasks. Save your seat now! #CoCounsel https://lnkd.in/dxhbgjgS #legalinnovation #legaltech #genAI #legaldepartments #lawfirms

The demand for efficiency and precision has never been higher. Integrating AI technology into legal practices can offer transformative benefits, revolutionizing legal professionals' operations. Here are 4 ways that IA can help increase the effectiveness and efficiency of your law office: 1.      𝐄𝐧𝐡𝐚𝐧𝐜𝐞 𝐃𝐨𝐜𝐮𝐦𝐞𝐧𝐭 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭: Automate tedious tasks such as sorting, indexing, and reviewing vast legal documents, saving valuable time and resources. 2.      𝐈𝐦𝐩𝐫𝐨𝐯𝐞 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐌𝐚𝐤𝐢𝐧𝐠: Leverage AI-powered analytics to gain deeper insights from case data, enabling more informed and strategic decision-making. 3.      𝐄𝐧𝐡𝐚𝐧𝐜𝐞 𝐂𝐥𝐢𝐞𝐧𝐭 𝐒𝐞𝐫𝐯𝐢𝐜𝐞: Deliver faster, more personalized legal services by utilizing AI chatbots for client communication and support. 4.      𝐄𝐧𝐬𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞: Through the deployment of AI-driven monitoring and risk assessment tools, legal entities can fortify their compliance endeavors. This proactive stance not only safeguards against non-compliance pitfalls but also cultivates a culture of regulatory diligence. #AIinLaw #LegalTech #Efficiency #Precision #TransformativeBenefits