November 14 by Eric Dreshfield
Efficiency is the new hallmark of corporate law departments. To embrace this new paradigm, in-house leaders must refocus their efforts on technology that enhances productivity and supports corporate objectives. This era of legal efficiency is fueled by the promise of artificial intelligence (AI) that anticipates the need to gather information, offers predictions and draws conclusions. Those who deploy these new tools will attain a competitive advantage over slower-moving companies.
Capitalizing on the power of artificial intelligence, these legal leaders are delivering consistent execution of best practices across the contract lifecycle. Organizations that combine contract management with AI quickly reduce risk and contract cycle time, as well as enhance efficiency in drafting agreements and improve negotiating outcomes.