At kitchen tables, workplaces, bars, and various media outlets around the globe AI has been a hot topic. It’s fair to say ‘the hype got real in 2023’, and we at Henchman must admit that all the buzz is quite contagious.

Is AI fatigue looming in 2024 and will we see a survival of the fittest when it comes to AI tools, or will the daggering speed at which new tools are popping like mushrooms continue – and even develop themselves, like some dare to say?

The central question remains clear: what problems are we trying to solve, what specific use cases might apply, and which tech is best suited to solve them?

To keep you fresh, energized, and fueled with ideas, we at Henchman asked a bunch of legal experts within our network what they see happening in the legal world regarding tech, what purpose legal tech should serve, and what they believe the ideal legal tech stack in 2024 (and beyond) looks like.

Curious to discover whether they bought a ticket for the hype train, or if they are suffering from AI fatigue?

Learn from the likes of 8 established thought leaders at Deloitte, Schoenherr Attorneys at Law, Reed Smith LLP, Womble Bond Dickinson (UK), Pryor Cashman, Legal Tech Consultants, Lexis Nexis, and Titans.

You can read the full report here. 

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At kitchen tables, workplaces, bars, and various media outlets around the globe AI has been a hot topic. It’s fair to say ‘the hype got real in 2023’, and we at Henchman must admit that all the buzz is quite contagious.

Is AI fatigue looming in 2024 and will we see a survival of the fittest when it comes to AI tools, or will the daggering speed at which new tools are popping like mushrooms continue – and even develop themselves, like some dare to say?

The central question remains clear: what problems are we trying to solve, what specific use cases might apply, and which tech is best suited to solve them?

To keep you fresh, energized, and fueled with ideas, we at Henchman asked a bunch of legal experts within our network what they see happening in the legal world regarding tech, what purpose legal tech should serve, and what they believe the ideal legal tech stack in 2024 (and beyond) looks like.

Curious to discover whether they bought a ticket for the hype train, or if they are suffering from AI fatigue?

Learn from the likes of 8 established thought leaders at Deloitte, Schoenherr Attorneys at Law, Reed Smith LLP, Womble Bond Dickinson (UK), Pryor Cashman, Legal Tech Consultants, Lexis Nexis, and Titans.

You can read the full report here. 

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Greater attention to the speed and quality of customer journeys has brought with it raised expectations around efficiency, service levels, and value delivered. The legal sector is no exception, with these expectations becoming standard just as much as in any other industry.

Legal practitioners will always be required for their nuanced expertise and inherent understanding of the law. But through embracing AI-powered machine learning tools, their organizations can greatly assist them in deploying their specialized skills at much greater efficiency and value to global clients.

Read our ebook as we explore machine translation as an important component of any legal toolkit, and where it can deliver value to your organization and your clients.

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Henchman, the fastest contract drafting & negotiation experience ever made, welcomed Deloitte as one of its clients, enhancing Deloitte’s legal services capabilities through Henchman’s artificial intelligence (AI)-powered contract drafting and negotiation software. Henchman adds an intelligent layer on top of Deloitte’s existing contract database, making it ideal for their legal professionals to tap into the team’s collective expertise.

Furthermore, the company last week won the Legal AI Supplier of the Year Award at the 2023 NetLaw Media Annual British Legal Technology Awards, on a night that celebrated 12 winners in total. 

Both announcements are additional ripples in the continued wave of momentum the company has generated these past months, from achieving 1300% growth to partnering with Morae Global Corporation.

For more information, check out the full article.

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Epiq acquired Mainspring, a digital transformation specialist firm for contract lifecycle management (CLM) and contracts migration needs.

The acquisition of Mainspring Consulting Group expands Epiq’s existing Contracts Solutions business to help clients effectively manage contracts across people, processes, technology, and data. By delivering CLM system integrations, clients get additional value from the contracting process from creation to post-signature obligations management.

“The need for corporations, and their legal departments, to maximize the value from their contracts technology continues to grow,” said Ziad Mantoura, Senior Vice President of Epiq’s Enterprise Legal and Consulting Solutions. “Mainspring’s CLM strategy, implementation, and integration services will enable our clients to get better value from their CLM technology investments.”

Click to read Press Release.

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CIOReview has named Legal Files as one of the 20 Most Promising Legal Tech Solution Providers for 2023.

In the article that accompanied the recognition, “Streamlining Case and Matter Management,” the editors discuss Legal Files’ collaboration-friendly and highly integrable case and matter management program.

Click to view article.

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Exhibitors and sponsors can upload marketing materials they wish to share with media attending Legalweek before, during and after the event

MINNEAPOLIS, MN, and NEW YORK CITY, NY – December 1, 2023 – Edge Marketing, Inc. (formerly Edge Legal Marketing and Accounting Edge Marketing) announced today that its virtual press room, The Edge Room, is now open for Legalweek 2024.

From today through to February 16th, 2024, Legalweek exhibitors and sponsors can update their company’s profile page on The Edge Room with recent press releases, announcements, articles, white papers, videos, logos and other marketing materials they wish to share with media attending Legalweek.

For prequalified members of the media, The Edge Room enables easier planning and prioritizing of briefings and coverage of breaking news before, during and after Legalweek. Media representatives interested in covering Legalweek can apply for a press pass and access to The Edge Room here.

Click to view the full press release.

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Priori Legal, the leading legal marketplace for in-house legal teams, is proud to announce it received the New Law Company of the Year award at the 2023 Legalweek Leaders in Tech Law Awards. The New Law Company of the Year award highlights the power of Priori’s technology, particularly its new outside counsel decision-making platform, Scout, which received the award, and the industry-changing difference the company is making in using data to change how outside counsel resourcing decisions are made. Additionally, Priori was named as a finalist in three other categories, including Legal Operations, Championing Diversity in Tech and Innovators of the Year for Priori Co-Founder and Chief Product Officer Mirra Levitt.

“We’re honored to be recognized as New Law Company of the Year,” commented Basha Rubin, CEO and Co-Founder of Priori. “In-house teams make outside counsel hiring decisions without the benefit of robust data, which can lead to unsatisfactory results, slow progress on diversity and higher costs. We’re excited to provide a technology platform that improves the process for in-house legal departments with both our Scout and Marketplace products, and gives law firms access to the right opportunities. Our clients are finding new ways to solve their legal problems and save on costs and this award emphasizes that success.”

The New Law Company of the Year award comes on the heels of a year of growth for Priori. In 2022, its flagship Marketplace product grew its Fortune 100 client base by over 50% and expanded its reach to 70 countries, saving those global companies 40-75% on average compared to other outside counsel options. Priori also implemented its award-winning product, Scout, across many corporate legal departments, including Hearst, Marsh McLennan and Zimmer Biomet. Scout onboarded 45 law firms, including five of the AmLaw 15 and nearly 25% of the AmLaw 100. Hearst anticipates Scout will save their legal department 325 hours annually.

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Filevine has released its 2023 Customer Benchmark report providing insights into how legal experts perform their work and leverage technology to solve their daily operating needs. The report was introduced last month at Filevine’s annual user conference, LEX Summit. For a closer look into Filevine’s extensive user data, download the full free report here.

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In the 2023 Annual Legal Analytics Survey, 79% of Legal Professionals report that clients required or expected them to use Legal Analytics

Menlo Park, CA — March 22, 2023 — Lex Machina and LexisNexis recently conducted their annual Impact of Legal Analytics survey. Each year, Lex Machina reaches out to legal professionals, both customers and non-customers, in order to gain insights into how Legal Analytics continues to be used and perceived.

Click to download press release.

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