Blogs

Blogs

Can Artificial Intelligence Make Bad Decisions About Contract Analysis?

September 12, 2024 in Blogs, Contract Analysis Services

 

How attorneys review, summarize, and abstract contracts has undergone some extensive changes in recent years. Technology-assisted structured data reviews changed the game, and now artificial intelligence promises to finish the transition into faster, more efficient, and more detailed contract insights. However, there are limitations to what artificial intelligence can do. At the bottom of any […]

 

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Blogs

Why Serial Acquirers Need a Contract Analysis Partner During Due Diligence

August 19, 2024 in Blogs, Contract Analysis Services

 

Strong returns and low risk are the perfect outcome for any acquisition, but it’s not one that’s easy to replicate. Successful programmatic acquirers pinpoint multiple small-to-mid-sized acquisition targets each year and navigate the closing process while generating shareholder value upon completion. What’s their secret to success? The answer depends on who you ask. McKinsey & […]

 

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Blogs

The Human Advantage: Why Expertise Matters in AI Contract Review

June 17, 2024 in Blogs, Contract Analysis Services

 

Over the last decade, we’ve seen a dramatic shift in how contracts are reviewed, summarized, and abstracted. Our industry started with traditional legal summary memos and moved towards technology-assisted, structured data reviews. Now we’re fully immersed in AI-powered contract review solutions. Despite all the exciting possibilities these tools offer, there is a crucial element that […]

 

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Blogs

Don’t Trust Your Contract Clause Library? Try Template Rationalization

May 21, 2024 in Blogs, Contract Analysis Services

 

As in-house counsel, there’s always an expectation to maximize your time and effort. However, not every request for legal input will be a cost-effective use of your time. Take contract review, for example. Some agreements require a nuanced and tailored approach to drafting and negotiation. Other agreements, once written, can be repeatedly reused as templates […]

 

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Blogs

4 Ways Machine Learning Enhances Your CLM and Other Legal Operations (And Why It’s Only Part of the Picture)

February 15, 2024 in Blogs, Contract Analysis Services

 

Each new technology has offered opportunities and obstacles for the legal profession, whether it’s the introduction of online legal databases and filings or automated case management. Rather than shy away from new frontiers, adaptable legal professionals have embraced innovation to give them an edge in regulatory compliance, M&A activity, contract management, and more. Machine learning […]

 

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Blogs

Can the Right Due Diligence Support Partner Maximize Your M&A Risk Assessments?

February 5, 2024 in Blogs, Contract Analysis Services

 

For every successful mega merger that generates billions in revenue, amplifies production, or reshapes the industry with its innovation, there are numerous M&A deals that fizzle or fall short of aspirations. Most seasoned M&A experts would tell you that one contributing factor in realizing the full value of an acquisition is the degree to which […]

 

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Blogs

How the Right Contract Data Simplifies Your Quest to Reduce Legal Costs

January 31, 2024 in Blogs, Contract Analysis Services

 

Corporations are always looking to improve their P&L by reducing expenses, but not all cost-cutting measures are created equally. In fact, an Orgvue survey found 93% of 500 corporate leaders made snap cost-cutting decisions within the last year—and 38% regretted the outcome. So, what are costs that the legal department can safely cut? Unrestrained outside […]

 

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