AI and Legal Tech - From Bottleneck to Business Enabler: Modernising CLM in the Enterprise Legal Stack

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14th Annual Legal Era India Conclave 2025 | Panel On AI and Legal Tech - From Bottleneck to Business Enabler: Modernising CLM in the Enterprise Legal Stack

The panel discussion explores the transformative impact of AI-powered Contract Lifecycle Management (CLM) tools on legal departments and corporate environments. Industry leaders—including legal tech founders and experienced in-house General Counsels—delve into how AI-driven CLMs elevate contract management from a routine administrative task to a strategic function that enhances efficiency, risk mitigation, and collaboration. The conversation emphasizes the critical balance between AI automation and human legal judgment, while addressing technical, cultural, and regulatory challenges involved in adoption and integration.

Key Highlights:

• AI CLMs as Dynamic Orchestrators: Function best as “Formula 1 team principals”, adapting workflows according to contract complexity and organizational needs rather than rigid automation.
• Success Factors: Clear objectives, stakeholder engagement, cultural adoption, and defined roles are critical.
• AI Literacy: Legal professionals must understand machine learning concepts to critically assess AI outputs and collaborate effectively with technologists.
• Risk and Accountability: AI CLMs provide audit trails for contract risk approvals, increasing accountability and reducing disputes.
• Integration Challenges: Seamless integration with enterprise systems (SAP, Salesforce) and adherence to data privacy laws like the DPDP Act are essential for scalability and compliance.
• Future Innovations: Voice-activated contract generation, AI-driven due diligence, blockchain smart contracts, and tokenized assets will transform contract management.

Featured Panelists:

• Akshat Singhal, Founder and CEO, Legistify Services Pvt. Ltd.
• Srivals Kumar, External GC & Corporate Legal Consultant
• Meenal Maheshwari, CXO - Group General Counsel and Head Public Policy, Angel One
• Rabindra Purohit, Vice President Legal, Compliance & CS, Deepak Fertilisers And Petrochemicals Corp. Ltd.

Moderator:

• Digish Rawal, Senior Director Legal, Asia Pacific, SAS

Session Partner: VEDERA

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