A CLM provider and procurement solution have joined forces

Ironclad and Zip say their integration will protect legal departments’ time and and help companies strengthen their procurement workflows.

By Lyle Moran • Sept. 12, 2022

Charging a flat fee for legal work on contracts

A contract management company believes its alternative fee approach better incentivizes lawyer efficiency and tech usage than the billable hour.

By Lyle Moran • Sept. 9, 2022

GC took carrot-and-stick approach to get CLM buy-in

An automated contract lifecycle management system provided benefits, but even so adoption wasn’t left to chance, says Mauri Aven of Kyocera AVX.

By Robert Freedman • Sept. 8, 2022

Why legal departments are hiring directors of innovation

These officials assist with technology purchases and process improvements, among other tasks often associated with legal ops.

By Lyle Moran • Sept. 7, 2022

Catching contract price increases before they occur

By sifting through even low-dollar agreements and negotiating with vendors, GCs are saving their organizations an average of 9% of annual revenue.

By Robert Freedman • Sept. 6, 2022

The power of CLM integrations for legal teams

SirionLabs’ integration with Salesforce is one recent example of CLM providers connecting their systems with other software to boost contracting efficiency.

By Lyle Moran • Sept. 2, 2022

Protecting board communications as pre-litigation discovery demands grow

A dedicated portal is said to reduce the likelihood directors will be subject to painful requests for email or texts if a company is targeted by aggressive investors.

By Robert Freedman • Sept. 2, 2022

Legal tech companies make news during ILTACON

LexFusion, Casepoint, LegalEase Solutions, QuisLex and BigHand were among the tech providers making announcements amid the annual gathering.

By Lyle Moran • Aug. 26, 2022

What legal departments need to know about building a data security and privacy program

General counsel play a key role in developing an enterprise-wide infrastructure that can keep pace with the rapidly changing threat landscape and regulatory environment.  

By Kara Hilburger • Aug. 26, 2022

Negotiating a SaaS escrow that fits your cloud operations

Rights issues come into play when you seek the source code to keep your business going if your online platform goes down.

By Robert Freedman • Aug. 23, 2022

How smart contracts and blockchain are evolving NDA workflows

Immutability, stake-of-proof, anonymization and other perks of smart contracts and blockchain can help expedite NDA and CLM processes.

By Naseeha Machingal • Aug. 23, 2022

Using tech to manage and protect trade secrets

Tangibly is a new tool designed to help companies catalog their trade secrets and track who has access to them.

By Lyle Moran • Aug. 22, 2022

7 ways to ruin your CLM technology implementation

Legal teams tend to hit the same roadblocks when implementing contract lifecycle management technology. Here’s a roadmap for avoiding them. 

By Michael Callier • Aug. 8, 2022

Using connected legal tech systems to do more with less

LawVu aims to help in-house legal teams reduce their tech stacks, boost efficiency and improve engagement with other business units. 

By Lyle Moran • Aug. 2, 2022

Using CLM technology to manage risk and strengthen compliance

ContractPodAi says pre-built contract templates make it easier for legal teams to ensure agreements comply with key legal obligations.

By Lyle Moran • Aug. 1, 2022

Legal talent platform Priori announces $15M financing round

The company connecting in-house teams with outside counsel plans to use the funding to speed its growth and enhance its technology.

By Lyle Moran • July 20, 2022

How legal teams can use AI to generate contract insights

Evisort says its new Automation Hub makes it easier for users to generate actionable contract intelligence.

By Lyle Moran • July 19, 2022

How a fintech product can help legal teams review deals

Company leaders say Claira enables in-house teams to focus on higher-order tasks rather than rote work.

By Lyle Moran • July 18, 2022

Cloud-based ediscovery tools gaining traction among legal professionals

The majority of respondents in an Everlaw survey also said they are utilizing in-house platforms for discovery. 

By Lyle Moran • July 13, 2022

New DocuSign legal chief hopes to advance company’s growth

Jim Shaughnessy said he will prioritize promoting the company’s CLM products and aim to collaborate effectively with other new executives. 

By Lyle Moran • July 12, 2022

The case for bringing ediscovery in-house

Legal departments can reduce costs and risk by operating ediscovery systems internally, Casepoint officials said.

By Lyle Moran • July 6, 2022

DOJ posture makes data analytics key to compliance

The agency wants compliance officers to make changes to controls as violations are found so risks of a repeat offense drop as soon as possible.

By Robert Freedman • July 6, 2022

Contract turnaround times have decreased sharply since 2020, report says

A new Ironclad analysis of more than 1 billion contracts also found that legal teams and other business units are making far more contract amendments during the COVID-19 pandemic.

By Lyle Moran • June 28, 2022

Ontra acquires tech platform that helps with subscription documents management

The global contracts-focused company says purchasing FundFormer will benefit its financial services clients and attorney network.

By Lyle Moran • June 28, 2022

In-house teams adopted more tech during the pandemic and want to keep momentum going

Contract management, matter management and e-signature saw the greatest rate of implementation, according to a ContractWorks report. 

By Lyle Moran • June 17, 2022