7 Ways AI is Transforming Construction Contracts
The construction industry has seen a significant transformation in recent years, thanks to the integration of technology into various facets of the field. Among these technological innovations, Artificial Intelligence (AI) has emerged as a game-changer. Particularly, AI is revolutionizing the way construction contracts are managed and executed. In this blog post, we’ll delve into seven […]
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 […]
Pre-Execution Contract Review and Negotiation Technology vs. CLMs: Bridging the Gap for Streamlined Contract Management
Contracts are the lifeblood of any business, serving as the foundation for all transactions and agreements. But managing contracts effectively can be a daunting task, especially when considering the complexities of the contracting process. Contract Lifecycle Management (CLM) technology occupies a big space in legal technology, but it’s not the answer to every contracting need. […]
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 […]
Optimizing Logistics and Shipping Contracts: 5 Strategies for Efficiency and Cost Savings
Logistics and shipping contracts are vital for ensuring smooth operations and cost-effective transportation of goods within the supply chain. To maximize efficiency, minimize expenses and increase the speed of business, here are five strategies that can help organizations optimize logistics and shipping contracts, resulting in streamlined operations, improved customer satisfaction and significant cost savings. Clearly […]
Transforming Contract Review and Markup: Dan Broderick on Constructed Futures
In a recent episode of the Constructed Futures podcast, host Hugh Seaton sat down with Dan Broderick, co-founder and CEO of BlackBoiler, to discuss the company’s patented software and its groundbreaking impact on contract review and markup within the construction industry. Read on for a summary of their conversation. Automating Contract Review and Markup BlackBoiler […]
