Malbek Unveils Generative AI Functionality to Streamline Contract Insights and Recommendations

ChatGPT will empowers users with deeper insights to streamline negotiation time and shorten review cycles.

Princeton, NJ, March 10, 2023 (GLOBE NEWSWIRE) — Malbek, the most cutting-edge, AI-fueled contract lifecycle management (CLM) platform, announced today the release of its new Generative AI capabilities to streamline contract insights and assist with contract recommendations.

The new functionality featuring ChatGPT (powered by OpenAI’s GPT3) will help Legal, Executive, and Business users alike to easily comprehend the language used in contracts, make revisions, seamlessly accept or reject redlines, and make custom requests – all in plain English. This powerful new feature empowers users to streamline negotiation time and shorten review cycles.

“In the past few months, ChatGPT has been everywhere” said Hemanth Puttaswamy, CEO of Malbek. “The buzz around Generative Artificial Intelligence is undeniable, but businesses want to know whether this tech will actually help them. This is truly a unique innovation that will transform the contracting process, saving users time and making it easier for them to do business.”

Malbek is sponsoring at Legalweek, one of Legal industry’s premier events in New York City. The event will take place March 20-23 at the New York Hilton Midtown. Attendees will have the opportunity to see the technology in action at booth 2109 and learn how it can benefit their organization.

“Balancing tolerance for risk and the need for speed, we’re thrilled to be able to demonstrate how this innovation can be a staple in your business,” added Matt Patel, COO of Malbek.

To learn more about Malbek’s new Generative AI functionality and CLM, be sure to join our session at Legalweek with Matt Patel along with Lizzie Christmas, Assistant Vice President, Legal Operations at Blackstone and Colin Levy, Director of Legal and Evangelist at Malbek on March 21 from 2-3pm ET.

For more information or to request a personalized demo, please visit our website malbek.io.

About Malbek

Malbek is today’s most modern, cutting-edge CLM solution with a proprietary AI core that empowers the enterprise to do more with less. By supporting the growing contracting demands of your entire organization, including Sales, Finance, Procurement, and other critical business units, Malbek’s CLM solution delights every user. Malbek provides end-to-end contract management with out-of-the-box integration to popular business applications, like Salesforce, NetSuite, Slack, Office 365, and others, allowing your contract data to flow seamlessly while dramatically reducing cycle times. That’s contracts reimagined! To learn more, visit www.malbek.io.

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Driving Greater Process Efficiency for Legal and Compliance at a Global Corporation

Case reports that once took hours, now only take a matter of minutes.

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Re-imagine contract review with AI-document understanding and analytics for corporate legal departments.

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At Cosmonauts, we’re specialists at accelerating business’ growth and propelling businesses to new heights by putting the right people in the same space. As a group of dynamic, energetic and strategic professionals, we are committed to delivering excellence in all our services including, capital raising and business development. 

Our London based team consists of seasoned individuals with a wealth of experience in their respective fields who drive the success of Cosmonauts on a day to day basis, guiding and inspiring our talented team to new levels of success. But our team is more than just a group of skilled professionals – we are a group of dynamic and driven individuals who are passionate about helping our clients achieve their goals. From our events coordinators to our business development consultants, every member of our team brings their unique talents and expertise to the table, working together to deliver exceptional results.

So if you’re ready for your business to take off, look no further than Cosmonauts, you found us. 

Meet the Cosmonauts team at booth 3015 for your team photos and a healthy snack!

Click for brochure.

 

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Blue Car Technologies’ are pleased to announce their latest release of their DMS Archiver for iManage Work. It’s a flexible multi-stage archiving solution to meet your DMS Matter compliance requirements through highly configurable workflow.

Solution Highlights

  • Configurable multi-stage workflows:
  • A soft archive to remove or add users as required and make the matter workspace private.
  • A full archive to move the matter workspace, documents and folders to an archive database, making it inaccessible to users.
  • Supports on premises and iManage Cloud.
  • Support for more than one iManage server (both source and destination).
  • Users can request approval for matters to be archived.
  • The ability to move to an archive destination more than once.
  • Deletion / removal of archived content.
  • Users are automatically notified prior to scheduled full archive.
  • Subsequent extensions can be applied before a matter workspace is fully archived.
  • Compliance Officers can accept or deny extension requests.
  • A comprehensive workflow designer to allow custom workflow configurations and provide an audit trail of matter workspace archiving activities.

Take advantage of an advanced DMS archiving solution to improve your governance and compliance.  Contact +441183 382 916 or info@bluecartechnologies.co.uk for a free demo or consultation.

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Care Initiatives is the largest non-profit skilled nursing and long-term care provider in Iowa, with 43 nursing homes and eight hospice offices located throughout the state. When the organization first established an in-house legal team in late 2020, the new in-house lawyer saw an opportunity to move from disjointed contracting operations and manual processes (often involving physical contracts, which posed significant challenges amidst changing public health mandates) to a more centralized approach with consistent approval processes across locations and vendors.

Read how they digitized 33 years’ worth of contracts in just 10 days.

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KLDiscovery’s technology-enabled services and software empower you to complete one-off collections from numerous data sources for matters. Additionally, our data management and eDiscovery solutions with automated workflows increase your organization’s efficiency to support ongoing litigation needs.

Click to view brochure.

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You may have heard that the legal industry (or at least some major sectors of it) are recession-proof, however that doesn’t mean that legal jobs are protected from the same macroeconomic factors that are causing layoffs in tech and other industries. While the outlook for attorneys may be better than the average, layoffs can happen to anyone at any time. And even though the tech sector has received the most press in 2023, law firms have not been immune to the recent layoffs trend. And some are predicting that this unfortunate trend will only continue throughout this year.

Being laid off is incredibly disruptive and frustrating. No matter what position you’re in, there are things you can do to make the situation easier to manage and come out the other end in an even better position.

Click for the full article.

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WINNER! CobbleStone Software is named the Leader in CLM in the Quadrant Knowledge Solutions 2022 SPARK Matrix™ for Contract Lifecycle Management.

LEARN MORE HERE: https://www.cobblestonesoftware.com/complimentary-spark-matrix-report-contract-lifecycle-management

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Consilio Announces Launch of TalentConnect by Complete Enterprise to Simplify Talent Fulfillment & Job Search 

Consilio’s talent solutions portal simplifies access to extensive talent profiles for corporate & law firm employers as well as job opportunities for applicants

WASHINGTON, D.C. – February 21, 2023 – Consilio, the global leader in legal technology solutions and enterprise legal services, today announced the launch of TalentConnect, a new portal leveraging Consilio’s Enterprise Talent Solutions’ extensive database of talent to simplify external role placement within corporate law departments and law firms of all sizes. The new platform also enables access to Consilio’s flexible talent job opportunities serving Consilio clients, in addition to document review roles, and Consilio corporate career options.

“As a leader in legal and non-legal talent solutions, we’ve seen an increasing demand to fill specific talent needs at corporations and law firms, especially during these uncertain economic times,” said Robb Hern, Senior Vice President of Enterprise Legal Services at Consilio. “By leveraging the TalentConnect platform, clients can preview thousands of applicant profiles available within our database and connect with our talent fulfillment experts who can locate and quickly fill roles with the right person for the job. Candidates themselves can leverage TalentConnect to quickly find the right opportunity that meets their career goals and directly apply from within the platform.”

Consilio’s Enterprise Talent Solutions by Complete Enterprise delivers high-quality role placements, including lawyers, eDiscovery professionals, and technical and administrative staff to teams looking to improve their operations. The team has over 1,000 attorneys actively engaged by clients each day and places over 7,000 legal and non-legal positions annually.

“Even with a rapidly shifting economic and employment environment, corporations and law firms are still facing challenges recruiting and retaining the best talent,” said Patty Wise, Executive Director, ELS Flex Talent. “With the help of TalentConnect and our experienced placement teams, we are able to provide our clients with high-quality, flexible talent solutions to quickly fill enterprise resourcing needs without sacrificing quality.” 

In addition to Enterprise Talent Solutions, Consilio provides solutions for Advisory & Transformation, Law Department Operations, and Compliance & Information Governance. For more information on this announcement, visit www.consilio.com. 

About Consilio

Consilio is the global leader in eDiscovery, document review, risk management, and legal consulting services. Through its Consilio Complete suite of capabilities, the company supports multinational law firms and corporations using innovative software, cost-effective managed services, and deep legal and regulatory industry expertise. Consilio has extensive experience in litigation, HSR second requests, internal and regulatory investigations, eDiscovery, document review, information governance, compliance risk assessments, cybersecurity, law department management, contracts management, legal analytics, paper discovery and digital printing, as well as legal recruiting and placement. Consilio employs leading professionals in the industry, applying defensible workflows with patented and industry-proven technology across all phases of the eDiscovery and risk management lifecycle. ISO 27001:2013 certified, the company operates offices, document review and data centers across Europe, Asia, and North America. For more information, please visit us at www.consilio.com.

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