Legal glossary · Corporate law · Corporate governance
Corporate governance refers to the rules, practices, and processes by which a corporation is directed and controlled. It creates the mechanism through which the corporation achieves its objectives, which aligns with the interests of shareholders, management, employees, customers, and the broader public.
The board of directors is…

The rise of generative artificial intelligence (GenAI) is fundamentally changing how professionals work across various industries. Its impact is particularly powerful in risk and fraud management, where it offers strategic advantages that redefine traditional practices. Instead of replacing human expertise, Gen AI serves as a sophisticated partner, handling routine tasks and freeing up valuable…

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The legal industry is undergoing a significant transformation, driven by the rapid growth of Alternative Legal Service Providers (ALSPs). According to the most recent Alternative Legal Service Providers report from Georgetown Law Center on Ethics and the Legal Profession and the Thomson Reuters Institute, the ALSP market has reached an estimated size…

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If you are in-house counsel, there is one particularly thankless task you face each year: preparing an annual legal department budget.  One difficult challenge is that you must figure out in October what you’ll be spending in August of next year.  It’s not an easy process, and not one law school…

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Westlaw Precision makes it easier than ever to quickly access relevant case information and results in just a few clicks. And this includes docket information. Let’s walk through how to find cases by docket and case citation, and how to quickly understand your docket with AI.

AI news and insights
Industry-leading insights,…

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Winning new clients and growing share of wallet with existing clients is a critical part of your practice. Finding time to meet with prospects or market yourself can be challenging when you’re busy with client work. And associates and more junior partners face the added barrier of not having an established network…

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Legal professionals are increasingly turning to artificial intelligence (AI) to help them do their jobs more quickly and accurately. A full 81% of professionals believe that AI can be applied to their work, and 58% of in-house counsel expect their outside law firms to use AI.  
It’s no wonder why – with…