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The Last Mile of Contracts: Why Human Teams Are Still Essential

You might think that everything about contracts has been automated. But in fact, that’s not true. Here’s a quick rundown on technology for contracts and why we still need humans to help create, analyze, and manage contracts. Mainstream media regularly reports about robots and artifici

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