The relationship between different business functions and legal teams is fundamental to the speed, adaptability, and value achieved within their individual functions and, by proxy, the organization itself. But what is that relationship like?
Continue Reading Survey on the intersection of Legal & Business (268)
In Post 228, Paula Doyle, Chief Legal Innovation Officer at the World Commerce and Contracting Association (WorldCC), made the claim that inefficiencies in the current commercial contracting process likely cost the global economy more than $1 trillion annually. We reach this figure by adding up the massive second-order effects caused by excessive contract complexity and poor process:
Continue Reading Case study: impact of AI and Big Data on low-risk contract negotiations (236)