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 […]
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 […]
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 […]
How to Get More Attorneys to Adopt AI
Despite all the hype over ChatGPT and generative AI, the fact remains that lawyers largely have not adopted these tools into their typical workflows. Getting attorneys to adopt AI is more than a change management initiative; to increase adoption, AI must be explainable and contextualized for lawyers to become comfortable with the tech. Research released last […]
The 3 Stages of Construction Contract Review
Construction contract review requires constant cycles of negotiation. Agreements between contractors, subcontractors and owners that describe the work to be carried out and payment terms are essentially reviewed three times, at the bid (pre-contract) stage, the negotiation (pre-execution) stage, and again during performance, with contract amendments continuing as the project is underway. This three-fold review […]
Using a Contract Playbook to Increase the Speed of Business
Typically, the buildout of a contract playbook requires many hours of work from a number of professionals within an organization. A playbook helps to frame a company’s contract negotiation tactics and procedures. This process typically involves stakeholders from across the company. Playbooks are used by myriad professionals – from lawyers and paralegals to contract managers, HR, procurement, […]
2023 Resolutions for Improving Your Business Contracts
Many of us start a new year with a list of personal and professional resolutions aimed at improving our lives. When we think about the many processes involved in our day-to-day work, there are any number of changes we can commit to that will make our lives better. This has a net positive impact on […]
