05 Dec 2024
Contract Drafting with AI: How Lowenstein Sandler Maximises Firm-Wide Knowledge Management
Breaking Down the Knowledge Silos at Lowenstein Sandler
The sharing mindset is extremely important to large legal offices such as Lowenstein Sandler, says Kristin Taylor, Partner at the organisation. ‘We emphasise collaboration among our colleagues and with our clients. We always want to ensure that institutional knowledge isn’t trapped in the heads of a limited number of people or siloed within groups but instead shared in a broader community of colleagues and clients.’
That knowledge was locked in Lowenstein Sandler’s database management software for years, but like so many law firms, it was searching for a needle in a haystack when someone needed a specific clause. ‘I was often frustrated at the amount of time and effort that had to go into finding the correct precedent or clauses’, Taylor says.
Hear From Our Customer
"Collaboration is the key to success in nearly every case we work on. Capitalising on expertise is something that is evolving every day."
- Nicole Stefanell, Director of Knowledge Management, Lowenstein Sandler
Streamlining Document Management for Enhanced Service Delivery
By integrating Lexis® Create DMS into their workflow, Lowenstein Sandler has transformed how they manage legal knowledge. The firm emphasises:
[emoticon:7e405c0fb3114c2594c00fd89a9d9667] Collaboration
Lexis® Create DMS fosters a culture of shared expertise among colleagues and clients.
[emoticon:7e405c0fb3114c2594c00fd89a9d9667] Accessibility
All lawyers, including junior associates, can access up-to-date legal language and best practices.
[emoticon:7e405c0fb3114c2594c00fd89a9d9667] Efficiency
The elimination of manual document tagging has streamlined their document management process.
[emoticon:7e405c0fb3114c2594c00fd89a9d9667] Seamless Integration
It integrates effortlessly with the firm’s existing database, enhancing their overall efficiency and effectiveness.
Key Benefits
Why it Matters
In today’s fast-paced legal environment, technology is not just an add-on; it’s essential and expected. Lowenstein Sandler’s integration of Lexis® Create DMS positions them as trusted advisors, ready to meet their clients' evolving needs.
About Lexis® Create DMS
Lexis® Create DMS is a next-generation legal drafting tool that enhances the efficiency of legal teams by providing instant access to a comprehensive legal knowledge base. It integrates with existing tools, allowing users to leverage their team's collective knowledge effectively.