Construction Contract Blind Spots to Avoid in Negotiations

construction contracts

Contracts are the starting point of every successful construction project and can have a profound impact on the bottom line, making it important to avoid any construction contract blind spots. However, many subcontractors don’t review their contracts as thoroughly as they should for any number of reasons. They’ve been working with the client for a […]

Construction Contract AI Speeds Negotiations, Mitigates Risk

construction contract AI

No matter what type of construction agreement you’re negotiating, contracts are often long and complex documents with a lot of legal jargon. When you’re dealing with so many complex details, it can be easy to make mistakes or overlook important clauses. Construction contract AI technology can help make the contract process easier for everyone involved. […]

5 Ways Natural Language Processing Improves Contracts

Natural Language Processing

Organizations are increasingly leveraging machine learning and natural language processing (NLP) for contract review, an inherently tedious process that requires strict adherence to specific legal language and corporate objectives. In legal practice, some workflows that require human execution, such as contract review, can benefit from automation made possible by natural language processing, a component of […]

Lean Construction: How AI Contract Review Can Help Construction Teams

Lean Construction

Lean construction has gained significant popularity within the construction industry over the last decade. It is a method of construction that seeks to maximize value for clients while minimizing waste. The cost-saving benefits have led more and more contractors, subcontractors, and even some designers to embrace it. However, many owners have been slow to take […]

What is Contract Review Software?

Contract review software

Traditionally, lawyers spend countless hours reviewing hundreds of contracts every year. The contract review process has long been mired with inefficiencies and cycle times that can seriously impact team output and slow down the speed of business. Contract review software fills a critical gap in improving the efficiencies of corporate legal teams, transforming this time-consuming, […]

Three Key Issues in Digital Health Contracts

Digital Health Contracts

Technological advances have seen people shift to digital solutions, and the health industry is no exception. Pandemic-related challenges also increased the adoption of digital health solutions by patients, hospitals, and consumers. Digital health includes a variety of technology applications such as telehealth, personalized medicine, health tracking, health information technology, software, and software as a service […]

What is Automated Contract Review?

Contract analysis software

We live in a world where time is money. For corporate legal teams, this truism resonates particularly deeply: there are only so many hours in a day to structure transactions, draft documents, negotiate deals, attend meetings and make calls toward those ends. The most rewarding parts of the law profession stem from the problem-solving and analysis […]

Contract Negotiation Best Practices: How to Ensure Contract Compliance

Contract review process

Contract negotiation mistakes can be costly for both business owners and their clients. Whether you’re negotiating a contract as an individual or on behalf of your company, it’s important to know the ins and outs of how to make sure compliance with contractual obligations are being upheld both when you write the contract and once […]

Contract Review Software vs. Contract Lifecycle Management Software

construction contract review

In today’s highly competitive business environment, companies must do everything possible to stay ahead of the curve. Utilizing groundbreaking technology and software is one way to accomplish this. While CRM and database management software are staples for most businesses, not many businesses are familiar with legal AI technology. Legal AI technology can handle everything from […]

BLACKBOILER AI Contract Review Software