The global smart contracts market was valued at USD 684.3 million in 2022. It is projected to grow at a remarkable compound annual growth rate (CAGR) of 82.2% from 2023 to 2030. This rapid growth is increasing adoption of blockchain technology, which serves as the backbone for these self-executing contracts. [...]
Continue ReadingYou've probably observed the surging interest in artificial intelligence and its transformative potential across various sectors. Even new regulations have been introduced. But what does the future hold for AI in document review? In today's legal landscape, AI is revolutionizing the document review process by automating repetitive tasks and enhancing [...]
Continue ReadingDo you know last year several businesses in the US suffered 3200 data breaches? And the approx. 350 million individuals were affected. So, cybersecurity incidents have become a nightmare for businesses now. We all are on the web today and so are cyber attackers. As businesses are bracing up for [...]
Continue ReadingContract management is all about binding, guiding, and setting the velocity for every transaction, agreement, and partnership in the business landscape. However, the market is continuously evolving, and we can visibly see the rise of new technologies. For instance, in the procurement and supply chain industry, Gartner predicts that by [...]
Continue ReadingDo you know legal leaders planning to accelerate legal tech investments amidst high inflation rates? Global recession and disruptions have forced legal firms and counsels to prioritize legal technology trends and automation to stay ahead of the complex demands. However, 2024 is a year of transformation for legal experts. [...]
Continue Reading