CLM Adoption: Optimism vs. Reality
We’ve previously written about the challenges of contract lifecycle management (CLM) adoption, advocating that legal departments take a more incremental approach to contract management. It’s crucial to first tackle the contract negotiation phase, the biggest time and resource sink in the CLM process, before attempting to implement CLM across multiple departments and stakeholders. However, the […]
Progress in Artificial Intelligence Will Not Be Linear
The field of artificial intelligence (AI) is rapidly evolving and creating buzz in nearly every industry. With generative AI entering the scene and opening a range of new AI capabilities, it makes sense that some may have the expectation that AI will continue to grow at this rapid rate. But the thing to remember is […]
5 Things AI Can Do for Contract Review
Whether it’s an NDA, a service agreement or construction project, when you are negotiating terms of a deal, contract review is often a tedious, inefficient process with a potentially high level of risk. AI-based contract review allows businesses to streamline and improve complex processes and assist lawyers in reviewing the contract terms within minutes or […]
Construction AI Software: A Guide to Optimal Project Management
When embarking on a construction project, choosing the right type of contract is crucial for ensuring a smooth and successful outcome. The selection of a construction contract can significantly impact the project’s timeline, cost, and risk distribution. In this article, we’ll explore some of the most common types of construction contracts to use for various […]
BlackBoiler Secures 12th Patent for AI Contract Review
Today, we proudly announce BlackBoiler has been issued a new patent from the United States Patent and Trademark Office (USPTO) for editing parameters, a unique component of our AI contract review software. While protecting our intellectual property is important, we are most committed to putting users in control of their AI. An 85% text match […]
How to Get More Attorneys to Adopt AI
Despite all the hype over ChatGPT and generative AI, the fact remains that lawyers largely have not adopted these tools into their typical workflows. Getting attorneys to adopt AI is more than a change management initiative; to increase adoption, AI must be explainable and contextualized for lawyers to become comfortable with the tech. Research released last […]
