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Building your CLM system with Contract Metadata

Cenza

And this is very true for contracts and other enterprise legal documents as well. However, the genesis of Contract Management Systems (CMS) has centralized the entire process, starting from storing, organizing, accessing, and reviewing, no matter the location. Contract Metadata – the invisible protagonist.

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Planning Your Contract Management System

Paralegal Bootcamp

When paralegals are looking at alternative paralegal careers outside the popular litigation paralegal field, contract management does not usually come to mind. However, there seems to be an increase in paralegal job opportunities in the field of contract management. But what exactly is contract management? Retrieved 2008-07-10].

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An in-depth guide on successful contract migration and CLM implementation

Cenza

Contract lifecycle management (CLM) has not been a straightforward exercise and here’s why it requires expert legal understanding and understanding of information that contains legal language. Finally, legal teams are seeing the value in having an effective contract management process. Creating a central repository of legacy contracts.

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Israeli Co. Gets Meta's Data Scraping Suit Trimmed

Law 360

A California federal judge trimmed Meta's breach of contract claims from its lawsuit alleging Bright Data unlawfully collects information from Meta's social media platforms to sell to third parties, finding that the Israeli company obtained only public data from Facebook and Instagram, and Bright Data isn't bound by Meta's contracts.

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AI Contract Drafting Startup Henchman Unveils Microsoft Copilot Integration, Calling It First of Its Kind

LawSites

“Leveraging advanced algorithms and metadata, this synergy facilitates more accurate answers and boosts drafting efficiency, all while tapping into a legal team’s wealth of collective knowledge,” the company says.

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Ironclad Opens A Window Into the Black Box of AI with New Chat Interface for Complex Contract Analysis

LawSites

The contract management company Ironclad today announced plans to launch a chat interface for complex contract analysis that it says will open a window into the black box of artificial intelligence by showing users the steps it took to come to a conclusion. Where most generative AI is a black box, CAI is an open book.” .”

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Despite All the Hype Over CLM Software, Most Companies Don’t Use It to Manage their Contracts, Survey Finds

LawSites

One of the most talked-about legal technologies of the last few years is contract lifecycle management software. Instead of CLM systems, most companies are using document management systems to store and manage their contracts — systems such as SharePoint, Google Drive, local drives, or commercial DMS products. CLM adoption lags.