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Wolters Kluwer Legal & Regulatory, U.S.   has announced a suite of new and enhanced features in Legisway.  their legal management software for in-house counsel . Legisway is  an AI enabled SaaS solution which offers to steamline corporate workflows.

Legisway offers AI-powered contract lifecycle management (CLM) that enables document creation, editing and version control, as well as self-service templates and a legal ticketing system. Outside of CLM, users can leverage a range of modules to manage legal entities and corporate governance, intellectual property rights, legal claims, real estate, outside counsel spend, and more. The solution enables flexibility to easily create and manage custom reports, operationalize business processes and create automated alerts on key milestones, and more.

“Users now have access to a suite of tools to enable more streamlined task management, faster contract drafting, and AI-powered risk management,” said Ken Crutchfield, Vice President & General Manager of Legal Markets at Wolters Kluwer Legal & Regulatory U.S. “Wolters Kluwer has a strong, longstanding track record of providing best-in-class solutions for the corporate legal market. With these new additions, we are showing our customers that we are committed to continuously improving an already powerful, intuitive solution that evolves with their needs and brings them the best possible outcomes.”Continue Reading Wolters Kluwer Enhances AI Enabled Workflows in Legisway for In-House Counsel

As fall associates settle into the reality of legal practice, I am taking the opportunity to share a variety of research “best practices.” These rules can be applied across all environments: law firm, corporate, public service and government. New associates are facing the messy reality of needing to harness legal and factual issues that need…

In a prior post  I reported  survey results on products to be purchased in 2020 and 2021… which included a fairly broad spectrum of products. Major vendors Lexis, Westlaw, Bloomberg and Wolters Kluwer were evenly represented at the top of the list. There were dozens of additional products identified by one or two responders. Today I am reporting on responses to the survey results on cancellations which presents a dramatic contrast. One product stood alone  as the most likely to be cancelled. That product is Lex

Continue Reading The Dewey B Strategic 2020-21 Hits and Misses Survey – The Product Most Likely to be Cancelled is — Lex Machina

Last July Thomson Reuters quietly began the  transformation of  their Practitioners Insights publication into a full fledged legal news service called Westlaw Today.  I  met with  Zena Applebaum, director, Proposition Strategy Rebecca Ditsch – manager, Product Development and received a demo of Westlaw Today .Westlaw is owned by Thomson Reuters which also owns Reuters, the multi-media news agency. It is a total “no brainer” that Reuters should collaborate with Westlaw in bringing a legal news product to the market. (In fact, Westlaw did briefly launch a  short lived legal news service “Westlaw News” back in the 1980’s before it was purchased by Thomson Reuters). I think I share the sentiments of my  information professional colleagues when I say “what took so long?” Our next question will be can Westlaw Today challenge the LexisNexis dominance of the legal news market?

The Westlaw Today  platform will allow lawyers to subscribe to  custom newsfeeds tracking law firms, companies and issues. In addition to traditional practice area coverage Westlaw Today has a newsfeed for “Legal industry” and “Legal innovation” two of my favorite topics. They also offer coverage  special topics such as COVID and Voter Rights. Westlaw Today offers news in a variety of slices.

The Westlaw Today main page has the  look and feel of a newspaper website highlighting  a few major stories rather than imitating  the list of recent headlines and blurbs that Law360 made famous. The main page includes a sidebar with most viewed articles, trending law firms and companies, lawyer contributed content and a link where lawyers can submit proposals for articles they would like to write.

Westlaw Today Main Page

 Westlaw Today Practice Area pages offer a curated list of news stories by traditional practice areas. It also offers 
Continue Reading Westlaw Today – Thomson Reuters Launches a Legal News Platform –Offers AALL Program

Today Lexis Nexis is releasing a new M&A analytics tool called Market Standards which helps lawyers identify, compare and analyze publicly files transactions – to optimize the terms of M&A deals.

Market Standards enables a lawyer to analyze, 150+ deal points, in 33,000 deals spanning 10 years. New deals are analyzed and added within 48…

We all knew that law libraries were shrinking. No one suspected that they would be totally “done in” by a virus. Law libraries have been “going digital” for at least 20 years, but few firms tossed out their last “pocket part” update. But as firms plan their post-pandemic re-openings, retaining a collection of shared books is frankly a biohazard. Should librarians develop systems for sanitizing and quarantining books? In today’s digital world -– is it even worth the trouble? 

Does anyone really want to take on the backlog of updating books that are nine months out of date next January when lawyers begin returning to offices?

For the past two decades, many law librarians have been assessing products and developing in-house solutions to support virtual library resources.  

There is no universal solution. The law firms which have the foresight to invest in strategic information professionals are most likely  to have had substantial digital libraries in place last March when COVID-19 brought the world to a screeching halt. Many firms are running parallel digital and print libraries because they are supporting both the last of the “baby boomer partners” and the “born digital” generation of lawyers. COVID-19 has been an unprecedented tipping point which exposes the importance of completing or starting a digital library transition plan.  

  12 Building Blocks Of A Digital Library  

Continue Reading 12 Tips For Building Your Digital Law Library In The Age Of COVID-19

Wolters Kluwer Legal & Regulatory, LexisNexis and Thomson Reuters spent the past week showing off newproductsand features at the annual American Association of Law Libraries ( AALL)  Meeting and Conference in Washington DC.  Since the close of the conference on Tuesday, each has announced a new alliance of some kind.

  • Thompson Reuters acquired HighQ Software

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