Cyberattacks on networks, systems, data and hardware are extremely common these days, and they have skyrocketed in frequency in 2020. Malware, phishing, spyware, DDoS attacks and other forms of digital breaches and data theft are not only frequent but come at a huge cost for the companies affected. According to IBM’s 2020 Cost of a
The digitalization of life is pushing companies to reexamine the way they do business, and the legal industry is no exception. If lawyers were slow to evolve their services, they are now at a point where they must adapt to changing client expectations, or risk being outpaced by competition. While some legal providers are innovating
2020 was a thrilling and pivotal year for both Closd and the legal industry, with the COVID crisis accelerating a digital shift that was lagging but imperative. As legal professionals made the switch to remote working and incorporated different technologies into their workflow, they found that solutions they had resisted in fact saved them a
The average volume of data held by companies jumped 40% between 2018 and 2020. However, these sensitive documents are still often stored on unsecured equipment. Here are 5 reasons you should invest in an archiving system with probative value.
Across the board, legal professionals that invest in legaltech perform better financially than firms that don’t. How do you evaluate the benefits a legaltech solution will bring your firm, both short and long term?
Maryline Pic-Dehongher et Sophie Gsell, partners specialized in M&A and private equity at the firm Lamartine Conseil, talk about how Closd precisely meets the needs of their practices.
The Covid-19 crisis is accelerating digitalization for legal professionals. Grégoire Debit, co-founder of the legaltech company Closd - which allows deals to be carried out remotely - explains how some tasks can be simplified and automated in complete safety.
This article was published in Lettre des Juristes d'Affaires (LJA) on September 28, 2020.
Carrying out transactions is mired in inefficiencies from end to end, but many of the pitfalls in the legal transaction process can be avoided. Legal transaction management software aims to mitigate these issues through automation, adding tremendous value to law firms.