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One More Word on How Lawyers Can Use ChatGPT More Responsively

April 26, 2023
April 26, 2023
June 7, 2023

We've frequently discussed the benefits and pitfalls of ChatGPT. It's only prudent to remind folks about the risks of "hallucinations" and the occasional lapses in accuracy that ChatGPT can encounter. It's no surprise that some "ingenious" lawyer already attempted to use it to cite case law and was caught on the spot when an astute judge had their staff cross-check the references. Those skeptical of ChatGPT are now laughing uproariously at this blunder. "I told you so", they say. And yes, it's absurd to ask ChatGPT to cite case law and to trust its references without double-checking the sources. After all, let's remember that ChatGPT is a large language model—it generates content based on context. Precision and accurate sourcing aren't its strong suits. Producing plausible-looking content is more its way of operating. Does this misstep mean that lawyers should abandon ChatGPT? This idea couldn't be further from the truth. Legal documents are, by nature, constructed on context. So, ChatGPT excels at creating templates, generating different drafts of a particular clause, reviewing documents, and suggesting relevant edits, to name just a few uses. So, how should lawyers utilize ChatGPT without tripping up like our colleagues at Levidow, Levidow & Oberman? Here are a few suggestions:

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Driving Innovation in Fully Virtual Teams

April 26, 2023
May 26, 2023

In the wake of the COVID-19 pandemic, our professional environment has undergone a significant transformation. Remote work, once a sporadic luxury or an experiment in progressive companies, has swiftly become the new norm. Questions we once asked, such as "Can I work from home?" or "How many days can I work remotely?" have been flipped on their head. Today, we find ourselves asking, "Do I need to be in the office at all?" or "How often do I really need to be physically present at work?"...

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Ways Startups Can Do To Promote DE&I

April 26, 2023
May 19, 2023

Diversity, Equity, and Inclusion (DE&I) are critical components of building a successful startup. When companies prioritize DE&I, they tend to have more engaged employees, a more innovative culture, and better financial performance. Here are five ways that startups can promote DE&I.

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Why Is ERP Adoption So Difficult? It Doesn't Have To Be

April 26, 2023
March 24, 2023

Back in the day, ERP implementations used to be a nightmare for many companies. We've all heard of horror stories where millions of dollars were spent on planning and implementation, only to be told that the whole thing was a failure. But why is this still happening? With our extensive experience in ERP, we have identified the four main challenges that companies face when selecting and implementing an ERP solution. We are working to create a new generation of ERP systems that are easy to implement, intuitive to use, and adaptable to each organization's unique needs. Stay tuned for our new product roadmap!

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What ChatGPT is Good At and Bad At

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February 28, 2023

A long time ago, we’ve written about the best and worst use of AI when it comes to lawyers. If some of you recall, our original “Sleegal AI” is a ChatGPT style chatbot to help people find lawyers. Before we know it, AI Generated Content (“AIGC”) has become the hottest topic in 2023. With this in mind and deriving from our understanding of AI, legal tech and self-driving cars, what is ChatGPT good and bad at?

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The Five Fallacies Regarding the Need for a Highly Strategic Procurement Team

April 26, 2023
February 4, 2023

When we talk to our potential customers in the field, especially the relatively new startups who are going through hypergrowth, we notice that there is a lot of misunderstanding and confusion about needing a procurement team at all. We have seen hyper-growth companies with a few thousand employees, some of which may even produce and sell hardware, who don’t have a procurement function at all. This is mind-boggling and very dangerous. Here are the common fallacies about whether and why a company needs procurement and our responses to them.

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Procurement Metrics: What is Spend Under Management and Why Does It Matter

April 26, 2023
April 26, 2023
January 17, 2023

In the past we have written extensively about why metrics matter for procurement leaders and why having a system to keep track of them is of essential importance. Today, I’d like to discuss one metric that procurement managers often overlook. Even in cases when they do realize the importance of this metric, it’s one of the metrics that’s more opaque and harder to keep track of. However, this metric is extremely important to keep track of. Keeping this metric under control and strict scrutiny will go a long way to not only cut cost, but increase bottom line. Here is why and how.

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CPOs: The Five Steps To Win Your Seat at the Table

April 26, 2023
December 6, 2022

We have written extensively about why there should be a “Chief Procurement Officer” position and why such leaders should have a seat at the C-suite table, rather than reporting to the CFO or an engineering officer. But how? Like most things in this life, it won’t get handed on a silver platter. I have many fellow procurement leaders who are struggling to receive acknowledgment and achieve a voice. Here are some suggestions.

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The Seven Sins of UX Designers

April 26, 2023
December 1, 2022

User experience designers tend to overthink and complicate things when it comes to product design. Our UX Design team collaborated to provide their top suggestions for enhancing efficiency and improving the user experience by avoiding these common missteps.

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Organizational Design: Where should the Chief Procurement Officer Sit

April 26, 2023
April 26, 2023
November 2, 2022

Since Covid-19 prompted a global supply-chain shortage, procurement has attracted a lot of attention it didn’t previously receive. So where should a Chief Procurement Officer sit within a company? An even better question is: should there be a Chief Procurement Officer at all? Here are some thoughts.

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How Procurement Teams Are Evaluated and Why You Must Have a System to Track Your Metrics

April 26, 2023
October 12, 2022

The procurement leaders should have a neat, sleek dashboard where all the data can be sliced and diced to show management why the team is doing a good job, thus deserving more funding/headcounts.

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What is an RFP and Why You Need a Good System to Conduct One

April 26, 2023
April 26, 2023
September 28, 2022

For procurement managers, the process of running a large-scale RFP with multiple vendors tends to be involved, complex, and chaotic. The bad news is that’s almost by definition what running an RFP means. The good news, however, is that you can use a software system to manage the process to eliminate manual work, consolidate information, collaborate effectively with both the internal and external teams, and ultimately digitalize the RFP process. Here is how.

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