Q1 Product update – Amplifying the legal workspace

In-house legal teams are facing increasing pressure, with higher workloads and more complexity than ever before. The LawVu legal workspace is a unified platform for managing matters, contracts and spend all in one place, and now, with the Q1 2024 product update, it’s even more powerful. This update delivers a number of new features across multiple workflows that are designed to significantly enhance the efficiency and decision-making capabilities of in-house legal teams.

Let’s take a closer look at these new features and how they’re amplifying the value of the legal workspace.

Workspace Intelligence: Transforming your legal repository into a powerhouse of legal data and intelligence

Workspace Intelligence is an embedded Q&A tool that leverages the power of AI and natural language processing, making it easier than ever to get meaningful, relevant answers and insights from across the entire workspace so you can work faster. This means that each time you generate valuable intelligence with each workflow, you can find the information and insights you need from your legal repository – fast. There are endless ways to work faster, unlock insights, and accelerate legal workflows for your business, such as:

• Process contracts faster: Find clauses, get summaries, or ask anything about contracts to accelerate contract creation and review
• Manage risk, obligations, and projects at scale: Find all the work in progress and historical information to get the context you need to streamline deals, projects, and negotiations
• Unlock legal knowledge and enhance workflows: Make internal policies, knowledge, templates, and advice more accessible to reduce risk and move faster

Click here to learn more about Workspace Intelligence.

LawVu’s connector for Power Platform: Easily automate more legal workflows and processes

Integration and automation are key to speeding up legal processes. LawVu’s connector for Power Platform, coupled with starter templates, make it easy for legal teams to tailor their workspace to fit their unique needs. Designed specifically for legal operations, this connector allows teams to create bespoke automation workflows with Microsoft’s Power Automate without heavy IT involvement. Whether it’s creating custom automated workflows or connecting additional business tools, LawVu’s connector for Power Platform ensures that your legal workspace is as efficient as possible.

Click here to learn more about LawVu’s connector for Power Platform.

BlackBoiler integration: Speed up contract review and redlines

Looking to speed up your contract review process? Legal teams can now redline NDAs in minutes with BlackBoiler integration in LawVu, saving you valuable time for higher value work. Leveraging your predefined playbook, BlackBoiler automatically reviews and returns a redlined version of a contract, significantly reducing time, cost, and risk associated with contract negotiations.

Click here to learn more about LawVu’s integration with BlackBoiler.

Enhanced legal service providers directory and reporting

It’s crucial to have a comprehensive database of your legal service providers and outside counsel, and the latest improvements to LawVu’s legal service providers directory make managing this information a breeze. With detailed information about locations, expertise, billing guidelines, and engagement letters all centralized, finding and collaborating with the right service providers is now faster and more efficient than before.

Remove data entry with AI-powered invoice extraction

The introduction of AI-powered invoice extraction tackles one of the most tedious aspects of legal operations – invoice management. By automating the data entry for PDF invoices from legal service providers, this feature not only saves time but also minimizes the risk of human error. It simplifies centralizing invoice information, streamlining workflows, and makes it easy to control costs using data.

Click here to learn more about enhanced spend management with AI.

Enhanced email experience: Improving the way you work with emails and attachments

Last but not least, the enhanced email experience improves how legal teams work with emails and attachments in LawVu. Say goodbye to cluttered inboxes and time spent searching for information you need from your emails. Organizing information, finding relevant documents, navigating between email and files, and providing visibility for your team has never been easier. This update delivers so many ways to boost your legal team’s efficiency and brings decision-making powers to new heights. The power of AI, automation, and an overall enhanced legal workspace empowers your team to move faster and make smarter decisions. Utilize these exciting new features to stay ahead in the dynamic legal landscape.

Like what you see?

Read the full Q1 product update here.

Or, to experience these features in the legal workspace for yourself, click here to request a personalized demo.