Remove 2021 Remove Contract Remove Drafting
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ClauseBase Expands to Provide All-in-One Legal Drafting and Reviewing Within Word

LawSites

The Belgium document automation company ClauseBase has launched a major expansion of its product to add new capabilities for clause extraction, AI-powered document review, and automated proofreading, all with the goal of providing an all-in-one platform, within Microsoft Word, for contract drafting, reviewing and negotiating.

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Aiming to ‘Radically Accelerate’ Contract Negotiations, ‘The Contract Network’ Comes Out Of Stealth Today, Led By Legal Tech Veteran

LawSites

A new company coming out of stealth today, The Contract Network , aims to “radically accelerate the time for contract negotiations” by providing an AI-powered collaboration platform that can be used by all parties to a transaction to more quickly “get to the point” in their negotiations. ” The redline rut.

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LinkSquares Adds AI Capabilities to its Pre-Signature Contract Tool, Creating End-to-End AI CLM Platform

LawSites

It is extending the same AI that powers Analyze to the pre-signature stage, enabling AI-powered, first-pass contract review designed to help general counsel and legal teams automatically identify key clauses within contracts. Ranked on the 2021 Deloitte Technology Fast 500 as the 90th Fastest-Growing Company in North America.

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Clients Are Spending More on Legal Tech: Can Smaller Firms Keep Up?

Attorney at Work

As business clients deploy new technology to manage litigation, contracts and communications, they will prefer working with equally tech-focused outside counsel. Related: “8 Legal Practice Areas Growing in 2021 and Beyond” Document automation levels up. Rising cyberthreats.

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With the Mission of Turning Contracts into Data, TermScout Raises $5M in Seed Funding

LawSites

Last year, I wrote about the launch of TermScout , a unique legal technology startup devoted to reviewing, rating and comparing contracts. The company cites a 2018 World Commerce and Contracting study that found that businesses spend an average of $6,900 reviewing even simple contracts. Benchmark Contracts.

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What Will Legal Innovation Look Like in 2021?

LawTechnologyToday

But what will that change look like in 2021? 2021 should be the year that demand begins to meet supply. Still grossly underutilised, expect this product to become more prolific in 2021. That won’t quite happen, but 2021 should be the year that this concept finally comes to fruition and becomes a tool to aid contract lawyers.

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Australia: How will the Unfair Contract Terms legislation affect franchise agreements? - LegalVision

Mondaq

These draft 2021 legislative changes will affect franchisors and franchisees and what they should do to prepare.