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The Future of Contract Management

What is the future of contract management? I ask for two reasons. First, we have seen an explosion in software start-ups focused on various elements of drafting or managing contracts. And second, in the last month I saw demos of synergist.io and LawGeex. Synergist’s tag line is

How BT Manages Contracts: Provision Extraction with AI (live IACCM event)

The session Contracts and Big Data Analytics is the opening for a DC-area IACCM contract management event; it covers how BT manages contracts and extracts provisions with AI. The presenter is Paul Branch, Head of Deal Assurance at BT Americas. This is a live post; please forgive typos

ILTA Recap – Spot Video Interviews and Blog Posts

Last week I attended ILTACon, the 2016 conference of the International Legal Technology Association. Here is a recap of my activities for the week. The first section has links to the three sessions I attended and live blogged. The second has a pictorial summary of the session on the b

Law Department Trends + Contract Management Opportunities

Now is law department survey season. In my prior post, GCs Now Do Less Law, I reported on the Altman Weil survey of Chief Legal Officers. Here, I report highlights of two other recent surveys: The Annual Law Department Operations Survey by the Blickstein Group  surveys law department

The Future of Law & Contracting (live from IACCM)

This is a live blog post from the International Association for Contracting & Commercial Professionals (IACCM) Americas Forum. [Please forgive any typos or misunderstandings in meaning.] This session is The Future of Law & Contracting (live from IACCM) with Mark Harris, Founde

Optimizing Contracting Processes + Practices (live from IACCM)

This is a live blog post from the International Association for Contracting & Commercial Professionals (IACCM) Americas Forum. [Please forgiven any typos or misunderstandings in meaning.] This session is Optimizing Contracting Processes + Practices with Arne Byberg, Vice President

Looking at Contracting Risk Holistically (live from IACCM)

This is a live blog post from the International Association for Contracting & Commercial Professionals (IACCM) Americas Forum. [Please forgiven any typos or misunderstandings in meaning.] This session is Breaking Out of the Box: Looking at Risk Holistically with Rod Wade, Vice Pre

Contracts as Code: Q&A with Ethereum on the Future of Contracting

Introduction I have long thought about applying technology to improve contract creation and management. My first blog post on the topic dates from 2004 (see my contract management posts here.) Recently, I have read several articles about how blockchain technology – which underlies Bit

Finally, A Law Firm Offers Contract Management Software and Service

Introduction Law firms make good money drafting contracts. Absent a dispute, however, executing a contract ends a law firm’s business on that contract. That has long struck me as a lost opportunity. Why only set up the rights and obligation; why not also track and help enforce them? I

IBM Watson for Contract Analytics at Legal OnRamp

In a prior post on IBM Watson, I noted that Legal OnRamp uses Watson “to process and understand high volumes of contracts.” I describe here more about this and provide context about Watson and contract analytics. Legal OnRamp Uses IBM Watson to Analyze Contracts OnRamp describes itsel