Traditional contract review is a lengthy process with negotiations that can last weeks. Contract review is prone to inconsistencies and human errors, which can lead to playbook standards and terms that are either missing or unenforced. Legal teams face enormous...
Legal professionals are tired of high-volume, repetitive work. Traditionally, high-volume, repetitive work used to only be done through achieving higher productivity or costly outsourcing. But thanks to advances in machine learning (ML) and artificial intelligence...
Technology is transforming the legal industry. The pandemic has accelerated this change by forcing firms and organizations to find new ways to move business forward. In a 2020 Altman Weil “Law Firms in Transition survey,” 53.6% of law firms...
In-house legal teams worldwide rely on playbooks for their contract negotiations. Playbooks seek to standardize how legal teams review and negotiate contracts by specifying a company’s standard terms and fallback clauses. However, it is difficult to ensure that...
AI is disrupting the inefficient contract review process. AI-assisted contract review tools like BlackBoiler automate as much as 70% of human review time. AI’s value is shown in real-time — contract review and edits happen instantly. By implementing AI in your...
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