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Explore how ChatGPT, GenAI, & LLMs shape the future of law for both lawyers & non-lawyers. Discover the impact of AI on legal landscape now & beyond.

SpeedLegal's experience at TechCrunch Disrupt 2023

Avoid costly contract mistakes! Discover the consequences of not reading contracts before signing.

There are more than 2500 tools for the legal industry at the moment. On the surface level, many of them might look similar, but a few are truly innovative and disruptive in the Legaltech sector. Which ones are they? Read this article to find out.

Did you know? On average, each contract gets reviewed 10+ times and it takes 3-4 weeks to get approved. How can you understand what’s standard and non-standard? Which Standards is SpeedLegal comparing your contracts to? And how do we create Market Standard at SpeedLegal? Read this article to get all the answers.

The top legal tech companies always seem to be on the brink of failure. Why do you think that could be? Read the article to know about it.

86% of lawyers view legal technology as an imminent threat to client business. Some lawyers fear that the profession could be “taken over” by automation and technology, with human lawyers being completely replaced. Others see their role as expanding: technology can perform routine tasks, freeing up legal professionals to focus on more creative work. But what does this mean for those who want to become lawyers? Will it be possible for them to find a place in this new world?

Freelancing is fun, but it also comes with tasks like handling payments, negotiations, and contracts. These contracts can be tricky if you are not familiar with the legal words and clauses. Here are six important aspects you should pay attention to -

AI has come a long way and is already automating a lot of work. But can you automate drafting non-complicated documents with AI?📄 Here’s why we believe it’s possible sooner than you might think👇🏻

Is AI taking over the world? What does it mean for the legal industry?🧑🏻‍⚖️ The possibilities of what AI can achieve are endless. Learn how companies are using AI to reach the next level of automation.🤖 Read the full article here👇🏻

Storing and managing 100s of contracts and documents is tiring. And not being able to find a specific one from them when you need it is just so frustrating.😖 Thanks to AI and Contract management systems, now they don’t have to be. Learn how AI can help you in organizing and managing contracts better👇🏻

Remember the Facebook data breach of 2019? Sensitive data of more than 530M users (including some of us) was made public on the internet. What steps are you taking to ensure your business’s data doesn’t get hacked like this? Learn how you can protect your company from such data breaches.👇🏻

When dealing with any type of goods, a sales agreement is a must to seal the agreed conditions and make the deal legally binding. But what all to look out for in your sales agreement?🤔 We made a brief guide for you to understand sales agreements better. Read the full article here👇🏻

Starting a law firm is the best decision for a lot of people.💸 But is it the best decision for you?🤔 Here are some pros and cons of starting your own law firm to help you make the right choice👇🏻

Real estate is a complicated business.🏠 The only thing more complicated than this is the documentation and paperwork you need to do for finalizing your property.🤕 Make sure you have these terms sorted out before you sign your real estate purchase agreement.👇🏻

Can a lawyer be a programmer?🤔 What a weird question right?🙄 Turns out you can. And in fact a good one. But should you even try?🤷‍♂️ Here’s why we believe you should👇🏻

Employment contracts can be tricky.📃 And you don’t always know what EXACTLY you are signing up for. Here’s a guide you can refer to before signing any employment contract. This will help you understand what to look for in such contracts and what to beware of.👀

Do you know that legal chatbots are available 24/7, offering instant support to clients and eliminating the need to call or email a law firm’s staff?

‍Before reading this guide have you asked yourself: Are you prepared to market your law firm in 2022? If yes, then learn how to create a robust marketing strategy. Don’t skip it, this article is for you!

A Legal Trends Report 2020, believes that attorneys on average record only 2.5 billable hours per day, with the rest of their day consumed by less important non-billable tasks.

The security of clients’ data should be the top priority for any business, especially if it’s a legal profession. The American Bar Association’s (ABA) Ethical and Model Rules of Professional Conduct mandate lawyers to make every reasonable effort in protecting the client’s information, otherwise face serious legal implications if a breach occurs. 

What will it take to be a successful law firm in 2022? As the world is not yet over with the pandemic and the industries worldwide are dealing with its consequences, it’s now more important than ever for lawyers to stay acquainted with legal technology trends that they should consider adopting in their private practice, or for their firms. 

Delay in the signing of NDA = Delay in sharing of confidential information = Delay in business projects

“Digital adoption has taken a quantum leap” due to the pandemic, with companies transitioning to remote work “40 times more quickly than [executives] thought possible,” according to an October 2020 McKinsey report.

That old cliché “time is money “is as useful for a Big Law as for a Solo law firm. Find out how you to save 30% of the legal team’s time with technology, which means more money.

Are you overwhelmed by spending precious business hours on reading and managing tons of contracts than getting real-work done? Let’s automate contracts.

Can AI really help businesses make better-informed decisions and eventually optimize profitability? Some good numbers and stats in this article.

Having a good set of questions to ask before talking to any legaltech vendor and a checklist of the state-of-the-art functionalities that modern Legal AI software should have, is really important.

The real estate industry has assimilated technology in a way that has made it more resilient, invincible and given it a new and vibrant dynamism.

Are you signing an NDA? Check whether each clause is in line with market standards. This article provides data-driven insights into how NDAs are actually used in practice.

Lawyer’s during more recent times are trying to develop methods of decreasing their timing on particular cases for more clients and more cases...

In recent years Blockchain has created quite a buzz, and could quickly make its way into the legaltech sphere. However...

Natural Language Processing And Computer Vision Will Transform The Document Review Landscape.

SpeedLegal Allows Legal And Business Operators To Understand Contracts At Scale In Minutes Rather Than Hours.

Research Shows That Inefficient Contracting Causes Firms To Lose Between 5% To 40% Of The Value On A Given Deal.

The impact of a new technology is typically overestimated in the short term, but underestimated in the long term...

Inside The Article, All The Major Advancements That Have Contributed To The Further Digitalization Of The Legal Profession.

COVID-19 Has Forced Essentially Every Industry, Including Law, To Digitalize. Although The Resistance To Innovation Of This Sector Is Strong...

Looking At History, The Legal Sector Has Taken More Time Than Other Sectors, On Average, To Adopt New Technologies.

AI Has Made Its Own Niche In Optimizing An Attorney’s Work. This Paradigm-Shift Has Led To Certain Gaps In The Implication Of Professional Ethics...

As New Tools Are Made, What Will Soon Separate Success From Failure Is The Ability To Use These Tools In A Fast And Effective Way.

Those Lawyers Not Adopting Legal Technology Could Ultimately Miss Out On "A Very, Very Unfair Advantage".

No doubt real estate transactions involve intricate processes -beginning with a letter of intent and finishing with a final closing agreement...

Real estate transactions carry the reputation of conservative practices involving a lot of paperwork, making it difficult for lawyers to review large piles of documents. However...

There are many software applications that have been introduced in the legal field with the usage of Artificial Intelligence, but not necessarily each and every lawyer...