Document automation in legal has been a thing since the 1990’s and it continues to grow.
There are many technology vendors which either just do document automation or incorporate the capability as part of a wider feature set. This rise in vendors and strategic acquisitions has made it a very challenging for buyers because of the increase in choice and solution fit assessment required.
A big theme at ILTACON 2022 was one of interoperability and integrations. Workflows and the tools that support them should not remain siloed in point solutions and where possible be integrated into the wider tech stack to provide more value and enable the sharing of data and outcomes.
Our working lives have dramatically changed with the onset of remote working. The jury is still out on the pros and cons of shifting away from centralised office life, yet a fundamental truth has not changed: our ability to concoct the right mix of people, process and technology impacts a host of downstream implications for our businesses.
Law firms have access to volumes of data. Data about themselves, their people, how they practice, metrics regarding utilisation and profitability and also an immense amount of client data. However almost all firms, are data rich but information poor.
With economic uncertainty, remote working now a reality and a drive for productivity gains and ultimately profitability, many law firms are focused on automation and workflow optimisation to drive practice efficiency. This often manifests itself in the adoption of document automation as a first step because of the obvious benefits, two of which are risk reduction and standardisation of document generation. However, document automation is just one part of a much broader process optimisation potential.
The latest time warp between social media feeds and our day to day experience talking to customers and prospects about workflow is upon us. On the one hand the promise that generative AI will take away all the pain of structuring your data and workflows and bring powerful automation to the masses (see MS CoPilot etc); on the other hand, operations professionals implementing intake projects to move work from email and Excel to a modern workflow or CLM platform
Autologyx Catalsyt 1.2 was deployed to customers in May and our early adopter clients have been building on the latest platform. The update contains some game changing capabilities making Catalyst even more powerful that we wanted to share with you.
Customer and community feedback has been a core part of how the Autologyx team designs and develops software. A key part of these engagements is our Design for Delight (D4D) sessions, which we held with our community of contacts, including numerous customers and various legal industry professionals, including legal operations managers, innovation managers, legal project managers, and practice solutions people. These sessions provide valuable feedback on the new platform, Autologyx Catalyst, our workflow and process automation solution.
If you’re a customer then you will have either been part of our pilot group, seen a quick demo or have something in the diary for the coming weeks. For those clients and prospects who are piloting the product, it’s been great to finally get business experts, legal engineers and system configurators into the system and to have a ‘play’.
Since I joined Autologyx, ex-colleagues, clients, and industry peers have asked me what type of problems the Autologyx platform solves. Distilling a platform down to specific use cases can be difficult, especially for one designed with adaptability, flexibility, and scalability in mind.
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