5 Benefits of Having a Contract Drafted
LegalReader
APRIL 20, 2022
To ensure that a written contract is sound, it needs to be reviewed by legal counsel, and a written contract is a lot easier to enforce than a verbal contract.
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4 Tips to Effectively Manage Contract Disputes
LegalReader
OCTOBER 12, 2022
Since conflicts may have a negative impact on you, you must develop techniques to manage contract disputes properly. Business Breach of Contract breach of contract lawsuit breached contract contract contract arbitration contract drafting contract law contract litigation
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How Lawyers Can Reduce Stress by Using Contract Review Software
LegalReader
AUGUST 10, 2021
Business contract contract drafting contract lifecycle contract lifecycle management contract review contract review softwareI can’t stress this enough: to bring value to your clients, you don’t need to burn yourself out.
Evisort Enters New Era with Generative AI for Contract Intelligence
LegalReader
JANUARY 6, 2023
Evisort AI Labs is pioneering new ways to draft and negotiate contracts with generative AI. Business contract lifecycle contract lifecycle management contract lifecycle management software generative AI generative artificial intelligence
Contract Logix Experiences Triple-Digit Percentage Growth in Usage as Organizations Rapidly Digitize Contracts and Processes
LegalReader
APRIL 9, 2021
Leading contract management software provider helps customers accelerate digital transformation efforts with data-driven platform. Business CLM contract drafting contract law contract lifecycle contract management contract management software contracts
Cheetah for Corporate Counsel Now Allows Access to Lawgood For Contract Drafting
LawSites
JULY 15, 2021
now have direct access to Lawgood , a practice tool for drafting contracts and clauses using market standards. Using a slider bar when viewing contract clauses, lawyers can change the favorability of clauses based on client and deal specifics, such as location and industry.
How Smart Contracts are Changing Legal Contracts
LawTechnologyToday
DECEMBER 11, 2020
While a world free of lawyers will most likely never come to fruition (to many parties’ chagrin), new technology in the form of smart contracts is changing how legal matters are drafted. A smart contract is a software program that automates the execution of contract terms.
How to Review Incoming Contracts Like A Pro
InHouseBlog
JANUARY 18, 2023
Landed an in-house counsel job that requires reviewing incoming contracts? A significant number of in-house counsel jobs involve contracting skills , and in many cases you are reviewing contracts developed by your counterparty rather than your own organization’s library of templates.
When is it Appropriate to Hire a Business Lawyer?
LegalReader
MARCH 23, 2021
Business business disputes business format business formation contract drafting contract reviewWhen a business dispute arises, it’s important to know what to do and where to turn.
Turnkey Contracts and Substituted Performance
LexForti
OCTOBER 27, 2022
Summary: This article highlights the challenges of invoking the remedy of ‘substituted performance’ in case of breach of turnkey contracts, and suggests potential solutions for the same. First, it shall examine the distinctive features of turnkey contracts. Contract
Corporate Lawyer Representation: A Smart Approach to Business Success!
LegalReader
JANUARY 31, 2023
Business business law corporate attorneys corporate law drafting contracts employment agreements entrepreneurial entrepreneurs exit strategy
Building On Its Acquisition of Parley Pro, LexisNexis Adds Contract Lifecycle Management to CounselLink
LawSites
MARCH 1, 2023
Building on its acquisition last year of the contract lifecycle management (CLM) platform Parley Pro , LexisNexis is today announcing the integration of Parley Pro’s CLM capabilities to its cloud-based CounselLink enterprise legal management solution for corporate legal departments.
Contract Management Software for a Growing Legal Practice
Attorney at Work
OCTOBER 26, 2022
Contract management software and recent technology like artificial intelligence and natural language processing are helping law firms and legal departments confront the many challenges of contracts. Contracts are hard. Advances in Contract Automation and Management.
Akin Gump Loses Bid To Dismiss Legal Tech Company’s Counterclaims In Suit Over Ownership Of Bill-Drafting Software
LawSites
FEBRUARY 22, 2023
The law firm Akin Gump Strauss Hauer & Feld has lost its bid to dismiss four of five counterclaims filed by the legal technology company Xcential Legislative Technologies in a lawsuit over ownership rights to legislation-drafting software that each side says was its idea.
Expert Corner – Three things to consider while entering into a contract with a Social Media Influencer
LexForti
APRIL 8, 2022
In this article, we get to understand, the three considerations that one should give a thought to while entering into a contract with a Social Media Influencer. Contract Expert Corner Interviews Media LawNadia Bubennikova | Head – BuzzGuru.
Top 30 global Contract Lifecycle Management Providers that you should know of
Cenza
AUGUST 11, 2021
With a phenomenal upward trend over the last decade, the contract management industry has evolved into a critical business-shaping legal function. Global enterprises needed to craft new contract structures to match the rapid and dynamic nature of the businesses. Contract Logix.
New GPT-Based Chat App from LawDroid Is A Lawyer’s ‘Copilot’ for Research, Drafting, Brainstorming and More
LawSites
JANUARY 25, 2023
to serve as a lawyer’s virtual legal assistant, able to help with researching legal issues, drafting emails and letters, summarizing documents, brainstorming blog ideas, and even just conversational chatting. Draft an email. Draft email.
Australia: Proper contract can protect party in dispute - Mellor Olsson Lawyers
Mondaq
JULY 6, 2022
When drafting the contract, there are a number of essential clauses that should be incorporated
Three Super Helpful Workarounds for Redlining Contracts Using MS Word Track Changes
Attorney at Work
SEPTEMBER 7, 2022
Attorneys spend a lot of valuable time redlining and negotiating contracts. According to a recent poll , 91% of contract negotiators (myself included) use MS Word Track Changes to redline contracts.
A Sample draft of Franchise Agreement
LexForti
SEPTEMBER 28, 2021
FRANCHISE AGREEMENT SAMPLE DRAFT. All payments shall be made by the Franchisee by way of a bankers cheque/demand draft made payable at ……………… (place) in favour of the Franchisor. ContractFRANCHISE-AGREEMENT. FRANCHISE AGREEMENT.
How to adopt Effective Contract Management for your organization?
Cenza
SEPTEMBER 9, 2021
Contract Management often considered a back-end legal operation that has nothing to do with critical business impact, can be the most significant engine of an organization. The more efficient the Contract Management, the better your value proposition will be. Contract Management CLM
Australia: Formula One contract dispute demonstrates the importance of finalising your contracts - Piper Alderman
Mondaq
SEPTEMBER 27, 2022
Clarity and certainty are fundamental in drafting and negotiating contracts to avoid any potential disputes
The Building Blocks of a Mergers and Acquisitions Contract
Hoban Law Group
MAY 18, 2021
Nevertheless, businesses seeking to buy, sell, or merge with, another business will face common contract provisions and structures. This is the very beginning of a contract and sets forth the identities of the parties, the date, and the name of the document.
US Supreme Court reform commission releases draft materials on membership, size of court
JURIST
OCTOBER 15, 2021
US President Joe Biden’s commission to study proposed US Supreme Court reforms released draft materials Thursday addressing the membership and size of the court. .
Contract vs Copyright and Crowdsourcing of Lyrics
Patently O
DECEMBER 13, 2022
The appellate court sided with Google, holding that the Copyright Act preempts a breach-of-contract claim because it is “equivalent to … exclusive rights within the general scope of copyright,” 17 U.S.C. § Other circuits have held that similar contracts are not preempted by the Copyright Act. Question presented: Does the Copyright Act’s preemption clause allow a business to invoke traditional state-law contract remedies to enforce a promise not to copy and use its content?
With the Mission of Turning Contracts into Data, TermScout Raises $5M in Seed Funding
LawSites
MAY 5, 2022
Last year, I wrote about the launch of TermScout , a unique legal technology startup devoted to reviewing, rating and comparing contracts. The company cites a 2018 World Commerce and Contracting study that found that businesses spend an average of $6,900 reviewing even simple contracts.
How to create efficiencies in contract management through digitization?
Cenza
FEBRUARY 17, 2021
A company’s contracts are its lifeblood. Without contracts, companies would not be able to function efficiently. Contracts facilitate relationships between two or more parties while outlining measures for dispute resolution if required. Benefits of contract digitization.
Australia: Poor contract drafting to blame for dispute - Bennett & Philp Lawyers
Mondaq
FEBRUARY 8, 2022
Recent case highlights risks involved in poor drafting of legal documents
Huge News from LinkSquares, As the Contract Management Company Raises $100M Series C
LawSites
APRIL 4, 2022
Major financing news today, as LinkSquares , the Boston-based company that provides an AI-powered contract management and analysis platform, said it has raised $100 million in Series C financing, less than a year after raising a $40 million Series B round, and bringing its total raise to $161.5
OAN Loses Breach Of Contract Case Against AT&T In CA, Refiles It In DC As Tort Suit
Above The Law
FEBRUARY 9, 2023
Well, they already had it drafted. The post OAN Loses Breach Of Contract Case Against AT&T In CA, Refiles It In DC As Tort Suit appeared first on Above the Law. Don't want to waste a pleading.
What Can Be Done About Breached Business Contracts?
Blumberg
DECEMBER 21, 2021
Drafting a legal business contract is important to minimize risks and provide legal protection for both you and your company. Even so, these business contracts can be breached, causing stress and panic. Understanding A Breach of Contract in Business.
Avoiding IPR via Contract
Patently O
OCTOBER 7, 2021
US Courts typically enforce choice-of-forum provisions found within contracts between two business entities. But, they did not enter such a contract. by Dennis Crouch. Kannuu Pty. LTD v. Samsung Electronics Co., LTD (Fed. 2021)( KannuuSamsungDecision ).
On LawNext Podcast: Former Tesla Lawyer Laura Frederick on How to Teach Contracting Skills for the Real World
LawSites
FEBRUARY 24, 2022
Is there a better way to train lawyers to draft and negotiate contracts? This former Tesla and BigLaw commercial contracts attorney is the founder of How to Contract , a learning platform that trains lawyers and professionals how to draft and negotiate contracts in the real world.
United States: What Should We Do About The Draft CPRA Regulations?: Contracts - Sheppard Mullin Richter & Hampton
Mondaq
JUNE 30, 2022
In this third post of our ongoing series, we examine key takeaways for companies in light of the recently released draft CPRA regulations. Today's focus is on contractual requirements
Analysis of Sec. 2(h) of Indian Contract Act 1872
LexForti
FEBRUARY 16, 2022
2(h) of Indian Contract Act 1872. Section 2 (h) of the Indian Contract Act , 1872 states that “ an agreement enforceable by law is a contract.” It also mentions the fact that all contracts are agreement but all agreements are not contract. Drafting Of Observation.
The top players in the AI-powered contract management space
Cenza
NOVEMBER 25, 2020
We’ve compiled a list of some of the best companies in the world that operate in the contracts space and leverage the power of artificial intelligence (AI) and machine learning (ML). Akorda offers legal review and contract management software.
Why is human-machine collaboration critical for contract analysis AI tools ?
Cenza
JULY 8, 2021
Artificial Intelligence (AI) plays a crucial role in enhancing the efficiency of Contract Lifecycle Management (CLM) systems by adding the ability to seamlessly track key terms and clauses in a digital contract repository. AI and ML contract analysis Contract Management
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