By Stephanie Wilkins | June 21, 2023
"Henchman was always focused on the complex contract drafting end of the spectrum, [but] with the rise of all the generative AI, ... there are huge opportunities to create great value, especially within the review process," Henchman co-CEO and founder Jorn Vanysacke told Legaltech News.
By Jim O'Hare, LegalEase Solutions LLC | June 20, 2023
Training AI is an aspect of implementation that vendors need to discuss more with their prospects during sales calls—and one that prospects must educate themselves better on to make more informed CLM purchase decisions.
By Isha Marathe | June 9, 2023
Generative AI tools' coding capabilities may lead to further proliferation of CLM startups. But some argue that, with a dearth of funding, many could become fodder for a significant consolidation wave in the market.
By David Rawson, Factor | June 8, 2023
Data privacy regulations are set to go into effect in five different states this year, with at least 25 other states also considering comprehensive data privacy legislation in 2023. Fortunately, there are contract management strategies that can significantly lighten the burden of increasingly complex regulatory obligations.
By Jared Burden, GreeneHurlocker PLC | May 25, 2023
AI tools can revolutionize certain aspects of corporate legal work, but AI won't replace laywers' years of experience, judgment and reasoning anytime soon.
By Isha Marathe | May 17, 2023
After joining the lineup of CLM companies leveraging generative AI solutions, Evisort also announced that it would be partnering with ServiceNow to offer its contracting capabilities to the organization's customer base.
By Stephanie Wilkins | May 16, 2023
Updates to the company's CLM platform include new pre-signature functionality that allows users to leverage their full contract repository, as well as a GPT-Assist feature that will leverage large language models to power the creation and maintenance of Playbooks and Approval Policies in natural language.
By Stephanie Wilkins | May 16, 2023
LinkSquares Prioritize, a tool designed specifically for legal task management and intake, will join the company's existing CLM offerings in LinkSquares Cloud, an ELM platform that combines legal task management and contract lifecycle management in one place.
By Cassandre Coyer | May 15, 2023
Ontra Synapse is powered by Ontra's proprietary large language models, which were trained on more than 800,000 agreements, Troy Pospisil, Ontra's founder and CEO, told Legaltech News.
By Rhys Dipshan | May 11, 2023
Via a chat interface, ExploreAI allows users to extract insights from their contract data, summarize and translate contracts into different languages, and monitor contracts for certain obligations, among other tasks.
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