LawSites

JULY 15, 2021

now have direct access to Lawgood , a practice tool for drafting contracts and clauses using market standards. Wolters Kluwer says this provides “another important component to our comprehensive solution as it allows legal departments to create and update their contracts in-house effectively.”. Click image for animation.)

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LawSites

JULY 24, 2024

Last month, Henchman, a generative AI-driven platform that promises to deliver “the fastest contract drafting experience ever made,” announced that it was to be acquired by LexisNexis Legal & Professional. You have been hearing about it in the news, now see how it works. So what […]

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OneLegal

JUNE 23, 2023

Can non-lawyers draft contracts? Delegation is key to what makes a firm work, but attorneys should know where they stand on contracts. The post Can non-lawyers and paralegals draft contracts? appeared first on One Legal.

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LawSites

MAY 9, 2023

Does the corporate legal market need yet another contract lifecycle management product? Bloomberg Law says it is because existing contract solutions are difficult to deploy, difficult to use, and not designed for attorney workflows. Well, Bloomberg Law thinks it does. Why is this?

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LawSites

MARCH 25, 2025

Legal technology platform Law Insider announced today the launch of its AI-powered contract drafting, review and redlining tools for its global community of 1.2 million registered legal users.

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Above The Law

JUNE 4, 2024

The post LexisNexis Purchases Contract Drafting Tool, Brazilian Butt Lift appeared first on Above the Law. LexisNexis bought Henchman for the technology. the sense of humor came free.

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Knackly

MARCH 25, 2025

Ever since Lawyaw became Clio Draft, things havent been the same. If youre considering Clio Draft but have heard mixed reviews, or youre already using it and running into frustrations, youre not alone. Luckily, there are plenty of Clio Draft alternatives that dont come with the restrictions of its Clio Draft transition.

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Above The Law

JULY 22, 2024

Drafting contracts has been simplified in CobbleStone through the power of several native AI tools. CobbleStone Contract Insight leverages VISDOM, its powerful AI engine backed by machine learning (ML) that streamlines data insertion, extraction, evaluation, and risk identification.

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LawTechnologyToday

DECEMBER 11, 2020

While a world free of lawyers will most likely never come to fruition (to many parties’ chagrin), new technology in the form of smart contracts is changing how legal matters are drafted. This data then informs the automated terms of a contract by posting results and accompanying proof to the blocks.

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Contract Legal Legal Technology 121

ABA Journal

NOVEMBER 9, 2023

Two energy companies allege that Winston & Strawn bungled two intertwined contracts involving the purchase of Southern California oil and gas wells, leading the two…

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ABA Journal

MAY 17, 2023

A Massachusetts judge has refused to toss a $636 million malpractice lawsuit contending that a botched contract drafted by Proskauer Rose caused its client’s loss…

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LawSites

JUNE 3, 2024

LexisNexis Legal & Professional said today that it has entered into an agreement to acquire Henchman, a Belgium-based contract drafting legal technology company. LexisNexis said it is acquiring the company for its document management system that enable faster document drafting.

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LawSites

MAY 10, 2023

Two months after raising $26 million in Series A funding, SpotDraft , a cloud-based contract lifecycle management platform for in-house legal teams, is today launching a deep integration with Microsoft Word that it says will simplify the contract drafting and review process for businesses of all sizes.

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Above The Law

AUGUST 29, 2023

The post Less Sexy Than Generative AI Drafting Contracts, But Bringing AI Into Cybersecurity Is Pretty Important appeared first on Above the Law. An interesting law firm use case for AI.

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LawSites

JUNE 11, 2024

LexIQ, an early-stage startup focused on using artificial intelligence to draft and review contracts in Microsoft Word, is today launching its waitlist for corporate legal departments and law firms interested in joining is beta program.

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CARET Legal

OCTOBER 21, 2024

Effective law firm contract management can simplify workflows, enhance compliance, and improve client service. Managing contracts manually is a time-consuming task for many law firms. The high volume of contracts, combined with the need to maintain accuracy and ensure compliance, creates a significant challenge.

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NCBA Law Practice Management Blog

MARCH 1, 2025

This is the easiest sort of document assembly operation there is, because you simply need to draft/update language + determine where it goes. For the most part, those contracts are all boilerplate, save for the scope and fee/basis of rate clause.

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LawSites

SEPTEMBER 21, 2023

LegalOn , a company that was already one of Japan’s largest providers of AI contract review technology when it launched into the U.S. Even for companies that already have their own collections of contract templates, LegalOn’s templates address nuances that their own may not, Lewis said. ”

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Drafting Contract Lawyer Lawyers 72

LawSites

MARCH 21, 2024

Ai.law , a legal technology startup that uses artificial intelligence to generate litigation documents, has added a new module that will draft the complaint to initiate a lawsuit. The draft complaints include jurisdictional allegations, general allegations, claims with elements that are supported by facts, and a demand section.

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LawSites

MARCH 6, 2024

“Leveraging advanced algorithms and metadata, this synergy facilitates more accurate answers and boosts drafting efficiency, all while tapping into a legal team’s wealth of collective knowledge,” the company says.

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LawSites

OCTOBER 20, 2023

The contract lifecycle management company SpotDraft today launched a generative AI add-in for Microsoft Word that is designed to help lawyers streamline the process of reviewing contracts — and it is available for anyone to try for free through the end of December. The user can adopt these comments as generated by VerifAI or edit them.

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LegalReader

JANUARY 6, 2023

Evisort AI Labs is pioneering new ways to draft and negotiate contracts with generative AI.

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Attorney at Work

SEPTEMBER 29, 2021

Another lawyer who saw an opportunity and swiftly capitalized on it is Laura Frederick of Laura Frederick Law, a boutique firm that helps businesses with vendor contracts. O]ne day I just started posting my advice on contracts,” Frederick says in a LinkedIn post on her profile. Creative Writing With J.W.

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OneLegal

OCTOBER 23, 2023

When it comes to writing contracts, clarity and conciseness rule the day. If you’re new to drafting contracts, here are some tips that will help you avoid some costly mistakes. The post Top attorney tips for how to write contracts and agreements appeared first on One Legal.

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LawSites

JANUARY 31, 2024

TermScout , an AI contract review company, has launched a first-of-its-kind AI marketplace where lawyers and other contracting experts can build and sell their own contract review AIs, developed based on their unique expertise. In effect, users can get an expert review of a contract with just a few clicks.

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LawSites

FEBRUARY 20, 2024

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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LawSites

MAY 15, 2023

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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LawSites

MARCH 1, 2023

After all, this is the company that had already launched the powerful neural net search technology AllSearch and that had pioneered products such as Compose , to help lawyers draft litigation briefs, and, in 2016 , CARA, the first product to use AI to analyze briefs. Contract policy compliance. Extract data from contracts.

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Above The Law

JUNE 14, 2023

The post Artificial Intelligence Already Being Used In Transactional Drafting: An Interview With The CEO Of Spellbook appeared first on Above the Law. Spellbook recently announced $10.9 million in new funding from several major venture capital firms.

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LawSites

FEBRUARY 24, 2022

Is there a better way to train lawyers to draft and negotiate contracts? This former Tesla and BigLaw commercial contracts attorney is the founder of How to Contract , a learning platform that trains lawyers and professionals how to draft and negotiate contracts in the real world.

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CARET Legal

NOVEMBER 12, 2024

By automating time-consuming tasks like initial document review or contract analysis, lawyers can dedicate more time to strategic thinking, client counseling, and complex problem-solving—the areas where human expertise truly shines. Perhaps most importantly, AI tools are freeing up attorneys to focus on higher-value work.

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OneLegal

NOVEMBER 20, 2024

Master the essentials of contract drafting with this guide, covering clarity, enforceability, and customization for client needs. The post A guide to quality contract drafting for legal professionals appeared first on One Legal.

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LawSites

FEBRUARY 11, 2025

In-house legal departments often struggle with a common challenge: how to efficiently review and negotiate the constant flow of routine contracts without sacrificing quality or consistency.

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Contract Legal Legal Drafting 52

Above The Law

FEBRUARY 5, 2025

Perhaps the biggest + of the new additions, however, is the full integration of Lexis contract lifecycle management system into CounselLinks Enterprise Legal Management solution. If you drill down on the in-progress contracts, youll find numerous metrics. CounselLink+ does also support the traditional redline method.)

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The Estrin Report

DECEMBER 26, 2024

Alternative Careers Requiring a Legal Background These roles capitalize on your specific legal expertise, making the most of your education and experience in the field. Alternative Careers Requiring a Legal Background These roles capitalize on your specific legal expertise, making the most of your education and experience in the field.

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Above The Law

FEBRUARY 10, 2025

His team conducted experiments where law students used GPT-4 for tasks like drafting memos, contracts, and complaints. From brainstorming contract clauses to summarizing depositions, AI shines when paired with experienced lawyers who can validate its output and refine its suggestions. The results? and start trying it out.

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LawSites

MARCH 1, 2023

Building on its acquisition last year of the contract lifecycle management (CLM) platform Parley Pro , LexisNexis is today announcing the integration of Parley Pro’s CLM capabilities to its cloud-based CounselLink enterprise legal management solution for corporate legal departments. Marking up a contract draft from within CounselLink.

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