Legal Operations: The Catalyst for Digital Transformation in Corporates
A recent report commissioned by the leading integrated legal services provider, Cimplifi highlights the increasingly strategic role being enjoyed by legal operations leaders in large-scale organizations. The report is based on a series of in-depth interviews with more than 30 senior legal operations professionals from a range of industries including financial services, life sciences, telco/technology, […]
Why BlackBoiler’s latest Contract Markup Platform is a Game Changer for Legal Contract AI
BlackBoiler’s new user interface and Playbook Builder will make it dramatically faster and easier to realize the efficiency gains of contract automation. This is set to be a game-changer for in-house legal teams, law firms and alternate legal services providers, and business functions like Sales and Procurement that regularly handle complex contract work. We’ve looked […]
Get Hands-On with BlackBoiler’s Contract Negotiation Playbook Builder
The new contract negotiation Playbook Builder in BlackBoiler’s automated contract markup platform is set to be a huge time and cost saver for everyone who negotiates legal contracts. Beneficiaries include corporate legal departments, law firms, Sales and Procurement teams, and alternative legal services providers. Until now, the process of training AI-powered contract management and review […]
New and Advanced Contract Markup Platform is Groundbreaking for Legal AI Companies
It’s a red-letter day for the legal AI companies. That’s because the new version of BlackBoiler’s AI contract review and markup platform is set to dramatically simplify and accelerate the contract review process. In the first of three blogs, we take a look at what’s coming up in the new BlackBoiler UI, and how it […]
Legal technology investments: How to maximize value?
Investment in legal tech appears to be continuing unabated. As Tracxn, a VC and Investor analytics and advisory firm report, over $5bn has been invested into the sector in the last 3 years alone, across approximately 1,200 companies. The received view that legal departments and law firms are in the backwater of technology adoption, is […]
The Impact of Artificial Intelligence in the Legal Industry
The use of artificial intelligence is a key trend driving change across many sectors. Retail, Big Tech, entertainment, and gaming are some of the many industries that have been quick to adopt AI and use it to their benefit. However, one sector that is yet to fully embrace artificial intelligence is the legal industry. Most […]
How Contract Automation Can Increase Sales
Introduction Traditional sales cycles in companies require sales teams to do manual work that AI can do in minutes. Finalizing a deal is difficult, and it is made even more difficult when contract negotiation comes into play. Sales teams spend a large amount of time negotiating contract terms or waiting for the legal team to […]
5 Contract Tech Trends To Watch Out In 2022
Introduction The lens from which contract tech was viewed has shifted from a “nice to have” conversation to a massive competitive advantage. Businesses have struggled with numerous contract inefficiencies in the past. Changes in the contract tech space are a reflection of what businesses value in the upcoming economy. In Gartner’s Top Data and Analytics […]
How Sales Contract Automation Can Drive Efficiency
Procurement and sales contracts are an integral part of any business operation. They serve as both an operational and a legal tool that dictates the terms of the sales made by a company. Even the simplest of sales contracts are made up of a lot of different parts, all of which need to be drafted […]
