Get Hands-On with BlackBoiler’s Contract Negotiation Playbook Builder

contract ai playbook

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 tools have been slow and labor-intensive. With the new contract negotiation Playbook Builder, teams will be able to build new editing models in as little as 10 to 15 minutes per Playbook.

Last time, we looked at the benefits of BlackBoiler’s streamlined contract AI platform. Now discover how the new Playbook Builder will work, and what makes it such a tremendous time-saver.

What is the Playbook Builder?

The Playbook Builder empowers BlackBoiler users to build digital contract negotiation Playbooks within the BlackBoiler platform.

The clean and simple user interface guides users through the Playbook setup process in clear and simple steps, with lots of helpful examples. Users of all levels will feel comfortable and confident, with no need for technical or coding know-how.

Once created, each new Playbook powers BlackBoiler’s proprietary automated contract markup technology, so that the platform can quickly redline previously unseen contracts in minutes.

How the Playbook Builder Works – At a Glance

The Playbook Builder will allow users to build their own automated editing models in four ways (figure 1):

  1. Upload Contracts: users will be able to simply drag and drop examples of previously negotiated contracts into the user interface.
  2. Answer Questions: users will be able to complete a simple Q&A on common categories of legal clauses you frequently edit.
  3. Custom Build: users can add rules that will enforce specific edits to all documents of a given type.
  4. Import Rules: users can apply rules they have previously set up for a similar contract, or from BlackBoiler’s pre-populated library of over 200 commonly used rules.
Contract automation playbook builder
Figure 1: Building your model

Building Your Playbook Step 1: Upload Contracts

You will be able to create a new Playbook by simply uploading a few examples of previously redlined contracts; and it’s as easy as dragging a file into a folder on your desktop (Figure 2).

BlackBoiler learns from the edits from the sample contracts you upload to create a bespoke editing model to then instantaneously review and markup previously unseen contracts just as you had in the past.

Contract automation playbook builder
Figure 2: Drag and drop contract uploads

Building Your Playbook Step 2: Answer Questions (Coming Soon)

If you do not have historical contracts, our Q&A feature allows you to easily build a playbook by walking you through common contract clauses and edits that are typically applied to contracts and giving you the opportunity to add the most relevant of these to your model.

By answering a handful of these simple questions (figure 3), you will be able to quickly create your own automated editing model.

As part of Step 2, you’ll be prompted to answer questions such as:

  • What’s your preferred governing law?
  • Will you accept indemnification provisions in an NDA?
  • Do you prefer a liability cap, and if so what’s your preferred liability cap?
  • In the event of a data breach, what’s your preferred notification timeline?

These are common contract clauses and edits. Each response will add a rule to the Digital Playbook in order to refine and customize it to suit your needs.

Contract automation playbook builder
Figure 3: Example Q&A

Building Your Model Step 3: Custom Build

With the Custom Build feature, you can easily select the type of contract edits you prefer to make. You can use the Custom Build capability instead of Upload Contract if you don’t have previously redlined contracts available, to expedite the model build process.

Common edits are broken down into three categories: point edits (sub sentence revisions), full sentence or paragraph inserts (FXIs), and full sentence or paragraph deletes (FXDs) (figure 4). After selecting the type of edits you want to add to your Playbook, you then make a number of example edits that train BlackBoiler’s automated editing engine.

Figure 4: Choosing edit types in Custom Build

An ML loop powers the editing process and continuously applies what it learns to other similar text (figure 5.) This minimizes the level of manual editing you need to make in order to build a robust rule.

Figure 5: Reviewing and approving rules in Custom Build

When you complete the editing cycle by accepting an edit, a rule description is added and the new rule is saved to your Playbook (figure 6).

Figure 6: Confirming the addition of a new rule to your Playbook 

Building Your Model Step 4: Import Rules

BlackBoiler comes pre-trained with over 200 frequently-used editing rules stored in an interactive Rule Library.

You can build new editing models by selecting rules from the Rule Library and importing them into your new Playbook (figure 7). Similarly, when you build a new rule using the Custom Build option, each new editing rule is saved to the Rule Library for you to use in future Playbooks.

Once again, this step can replace the typical process of training your platform using previous contacts should you choose.

Figure 7: Importing rules from the Rule Library

The Way Ahead: A Breakthrough in AI-Powered Contract Negotiation

This addition to the BlackBoiler contract AI platform is a game-changer for in-house legal departments, legal services providers, and any business function that works extensively with complex legal contracts. Now everyone in your team can start accessing the benefits of automated contract markup in minutes, either as a standalone tool, or integrated into your contract lifecycle management (CLM) workflow.

Next Steps

In the final blog in this series, we’ll take a look at why the new BlackBoiler platform is such an important breakthrough for contract negotiations.

Share this article to:

We use cookies to personalize content and to ensure you get the best experience on our website. Thank you for visiting BlackBoiler.com.

View more
Cookies settings
Accept
Privacy & Cookie policy
Privacy & Cookies policy
Cookie name Active

What information do we collect?

We collect information from you when you register on our site or place an order. When ordering or registering on our site, as appropriate, you may be asked to enter your: name, e-mail address or mailing address.

What do we use your information for?

Any of the information we collect from you may be used in one of the following ways: To personalize your experience (your information helps us to better respond to your individual needs) To improve our website (we continually strive to improve our website offerings based on the information and feedback we receive from you) To improve customer service (your information helps us to more effectively respond to your customer service requests and support needs) To process transactions Your information, whether public or private, will not be sold, exchanged, transferred, or given to any other company for any reason whatsoever, without your consent, other than for the express purpose of delivering the purchased product or service requested. To administer a contest, promotion, survey or other site feature To send periodic emails The email address you provide for order processing, will only be used to send you information and updates pertaining to your order.

How do we protect your information?

We implement a variety of security measures to maintain the safety of your personal information when you place an order or enter, submit, or access your personal information. We offer the use of a secure server. All supplied sensitive/credit information is transmitted via Secure Socket Layer (SSL) technology and then encrypted into our Payment gateway providers database only to be accessible by those authorized with special access rights to such systems, and are required to?keep the information confidential. After a transaction, your private information (credit cards, social security numbers, financials, etc.) will not be kept on file for more than 60 days.

Do we use cookies?

Yes (Cookies are small files that a site or its service provider transfers to your computers hard drive through your Web browser (if you allow) that enables the sites or service providers systems to recognize your browser and capture and remember certain information We use cookies to help us remember and process the items in your shopping cart, understand and save your preferences for future visits, keep track of advertisements and compile aggregate data about site traffic and site interaction so that we can offer better site experiences and tools in the future. We may contract with third-party service providers to assist us in better understanding our site visitors. These service providers are not permitted to use the information collected on our behalf except to help us conduct and improve our business. If you prefer, you can choose to have your computer warn you each time a cookie is being sent, or you can choose to turn off all cookies via your browser settings. Like most websites, if you turn your cookies off, some of our services may not function properly. However, you can still place orders by contacting customer service. Google Analytics We use Google Analytics on our sites for anonymous reporting of site usage and for advertising on the site. If you would like to opt-out of Google Analytics monitoring your behaviour on our sites please use this link (https://tools.google.com/dlpage/gaoptout/)

Do we disclose any information to outside parties?

We do not sell, trade, or otherwise transfer to outside parties your personally identifiable information. This does not include trusted third parties who assist us in operating our website, conducting our business, or servicing you, so long as those parties agree to keep this information confidential. We may also release your information when we believe release is appropriate to comply with the law, enforce our site policies, or protect ours or others rights, property, or safety. However, non-personally identifiable visitor information may be provided to other parties for marketing, advertising, or other uses.

Registration

The minimum information we need to register you is your name, email address and a password. We will ask you more questions for different services, including sales promotions. Unless we say otherwise, you have to answer all the registration questions. We may also ask some other, voluntary questions during registration for certain services (for example, professional networks) so we can gain a clearer understanding of who you are. This also allows us to personalise services for you. To assist us in our marketing, in addition to the data that you provide to us if you register, we may also obtain data from trusted third parties to help us understand what you might be interested in. This ‘profiling’ information is produced from a variety of sources, including publicly available data (such as the electoral roll) or from sources such as surveys and polls where you have given your permission for your data to be shared. You can choose not to have such data shared with the Guardian from these sources by logging into your account and changing the settings in the privacy section. After you have registered, and with your permission, we may send you emails we think may interest you. Newsletters may be personalised based on what you have been reading on theguardian.com. At any time you can decide not to receive these emails and will be able to ‘unsubscribe’. Logging in using social networking credentials If you log-in to our sites using a Facebook log-in, you are granting permission to Facebook to share your user details with us. This will include your name, email address, date of birth and location which will then be used to form a Guardian identity. You can also use your picture from Facebook as part of your profile. This will also allow us and Facebook to share your, networks, user ID and any other information you choose to share according to your Facebook account settings. If you remove the Guardian app from your Facebook settings, we will no longer have access to this information. If you log-in to our sites using a Google log-in, you grant permission to Google to share your user details with us. This will include your name, email address, date of birth, sex and location which we will then use to form a Guardian identity. You may use your picture from Google as part of your profile. This also allows us to share your networks, user ID and any other information you choose to share according to your Google account settings. If you remove the Guardian from your Google settings, we will no longer have access to this information. If you log-in to our sites using a twitter log-in, we receive your avatar (the small picture that appears next to your tweets) and twitter username.

Children’s Online Privacy Protection Act Compliance

We are in compliance with the requirements of COPPA (Childrens Online Privacy Protection Act), we do not collect any information from anyone under 13 years of age. Our website, products and services are all directed to people who are at least 13 years old or older.

Updating your personal information

We offer a ‘My details’ page (also known as Dashboard), where you can update your personal information at any time, and change your marketing preferences. You can get to this page from most pages on the site – simply click on the ‘My details’ link at the top of the screen when you are signed in.

Online Privacy Policy Only

This online privacy policy applies only to information collected through our website and not to information collected offline.

Your Consent

By using our site, you consent to our privacy policy.

Changes to our Privacy Policy

If we decide to change our privacy policy, we will post those changes on this page.
Save settings
Cookies settings

BLACKBOILER AI Contract Review Software