Chatgpt took the world by storm in 2023, capturing collective attention and introducing “Gen AI” across business sectors. This innovation became more ubiquitous with its large language models (LLMs). We are all fascinated by the unique ways businesses use technology. However, one aspect that has witnessed immense transformation is generative [...]
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Drafting legal documents is the most important stage in the creation of legal instruments. It follows the concept -- You get it right at the beginning, and it will flow right up to the end. Constructing legal instruments such as contracts, agreements, pleadings, and regulations is a specialized area. It [...]
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With cyber-attacks ranking as the fifth highest risk, the need for cybersecurity measures in law firms has become imperative. According to Astra, “Cybersecurity statistics indicate that there are 2,200 cyber-attacks per day, with a cyber-attack happening every 39 seconds on average. In the U.S., a data breach costs an average [...]
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According to the National Contract Management Association, Virginia, “Contract Management is the process of managing contracts, deliverables, deadlines, contract terms and conditions while ensuring customer satisfaction. Public and private organizations know that purchasing does not end when the contract is awarded.” The contract management process, therefore, goes beyond the awarding [...]
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A paper published on Managing Risk: The Importance of Management in the Law Office in Wisbar.org, laid down categorically, “…It is the function of management to release more time for important matters and to enable the lawyer to conserve his brain energy and concentrate his highest legal attainments upon the [...]
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