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Conferences 11th October 2024

LEDOX365 at Legal Tech Night & Day 2024: A Recap

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On September 18th and 19th, 2024, the Legal Tech Night & Day event took place in Berlin, and once again, LEDOX365 was part of it. Organized by the Legal Tech Verband Deutschland, the event provided deep insights into the latest developments and technologies shaping the future of the legal industry. It was not only an opportunity to engage with industry leaders and companies, but also to explore the exciting role that Legal Tech already plays in the daily operations of legal departments—and how it can continue to drive transformation.

Artificial Intelligence in Contract Management: A Look Into the Future

A central theme of the Legal Tech Day was the integration of artificial intelligence (AI) across various sectors of the legal industry. For us at LEDOX365, this is particularly important as we continuously work on improving the efficiency of contract management processes through innovative technologies.

The use of AI in contract management can help analyze data more quickly, better identify risks, and automate processes that would otherwise be manual and time-consuming. During the event, we saw numerous exciting use cases designed to help legal departments minimize risks and increase transparency through automated clause reviews. With LEDOX365, we already offer the right features to tackle these challenges. Our solution enables the efficient analysis of contract content, early risk identification, and ensures compliance with regulatory requirements through transparent processes.

Inspiring Talks, Initiatives, and Networking Moments

At the Legal Tech Day 2024, the Legal Tech Market Monitor was introduced for the first time. This comprehensive study systematically analyzes the German Legal Tech market. Modeled after the German Startup Monitor, the Market Monitor aims to provide well-founded data and insights for all relevant stakeholders in the legal industry. The study addresses key questions such as: What technologies are users adopting? What can artificial intelligence already achieve in the legal market? And what fosters or hinders the digitization of the legal sector? The initiative for this study comes from the Legal Tech Verband Deutschland, in collaboration with esteemed partners such as C.H.BECK publishing, Legal Tech Colab, and the Bucerius Center on the Legal Profession. The study is also supported by contributions from Dr. Marco Buschmann, Federal Minister of Justice, and Georg Eisenreich, Bavarian Minister of Justice.

Another highlight was the keynote by Prof. Dr. Stefan Heinemann, where he emphasized the ethical aspects of AI development in the legal industry. His focus was on how technology can contribute to creating real value without losing sight of the human element. This reinforced for us that Legal Tech is not just about increasing efficiency and automation, but also about the ethical handling of new technologies.

In addition, the event offered countless networking opportunities. A particularly entertaining highlight was the Networking Bingo at Legal Tech Night, which sparked engaging conversations and fostered new connections. It was inspiring to exchange ideas with like-minded professionals about the latest developments and jointly develop visions for the future of the legal industry.

LEDOX365 and the Role of Digitalization in Contract Management

For LEDOX365, Legal Tech Day was not only an inspiring event but also a confirmation of our mission. We aim to provide digital solutions that simplify contract management, optimize collaboration between legal departments and law firms, and ensure compliance with regulatory requirements.

With our deep integration into Microsoft 365 and our focus on automation and transparency, we are already offering solutions that are revolutionizing contract management. The exchange of ideas at the event showed us that we are on the right path, and we look forward to continuing to drive our vision of a connected and efficient legal world.

A Thank You to the Legal Tech Verband Deutschland

We would like to extend our sincere thanks to the Legal Tech Verband Deutschland for the excellent organization and the opportunity to be part of this inspiring event. The combination of presentations, discussions, and networking was not only informative but also a valuable source of inspiration for our future work. We are excited to participate again next year!

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