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CobbleStone Contract Insight leverages VISDOM, its powerful AI engine backed by machine learning (ML) that streamlines data insertion, extraction, evaluation, and risk identification. The post Navigating The Complexity: CobbleStone Contract Insight Delivers Centralized And AI-Backed ContractManagement appeared first on Above the Law.
DocuSign today (6 May) announced that it has agreed to acquire AI-powered contractmanagement software provider Lexion for $165m in cash, as DocuSign continues to strengthen its offerings in the […] The post DocuSign to acquire contractmanagement vendor Lexion for $165m appeared first on Legal IT Insider.
Deciding to pivot is a big decision for any business, but PocketLaw chose to do it. Artificial Lawyer spoke to Kira Unger Sderlind, CEO and co-founder, to hear about the move. The company, which h
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Cloud contractmanagement software is the solution. In this guide, well dive into what cloud-based contractmanagement software is, how it stands out from traditional methods, and why its become a must-have for the legal world. What is Cloud-Based ContractManagement Software?
Between tracking deadlines, chasing approvals, and making sure everything is airtight, contractmanagement can quickly turn into a headache. Thats why contractmanagement software exists. And legal teams are catching on 67% are actively investing in contractmanagement tools , according to a recent joint study.
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Lexion, a platform that utilizes AI for contractmanagement and streamlining operations workflow, has declared a Series B funding round worth $20 million.
5 Ways ALOE Will Streamline Your ContractManagement: Outlook Integration, ALOE Edit, and DocuSign Efficient contractmanagement is essential for smooth operations and legal compliance. From drafting and negotiating contracts to signing and archiving, businesses rely on multiple tools.
Despite how crucial they are, contractmanagement is still a headache for many businesses. Thats where contractmanagement software comes init keeps everything organized, speeds up the approval process , and reduces legal risks. What Is ContractManagement Software?
Thats why enterprises need contractmanagement software that automates approvals, tracks risks, and keeps everything in one place. Let’s talk about the best enterprise contractmanagement software of 2025. What is ContractManagement Software? What Do Enterprises Need In a ContractManagement System?
Contractmanagement is one of those tasks that takes way longer than it shoulddrafting, approvals, negotiations, and endless back-and-forth emails can drag on for weeks. Automation of contractmanagement processes accelerates negotiation cycles by 50%, according to Weshare. What Is an Automated ContractManagement Tool?
Seattle-headquartered contractmanagement vendor Lexion has raised a $20m Series B funding round led by Point72 Ventures, with participation from Citi Ventures, and existing investors Khosla Ventures, Madrona Venture Group, … Contractmanagement: Lexion raises $20m Series B Read More » The post Contractmanagement: Lexion raises $20m Series (..)
Wolters Kluwer’s Legal & Regulatory division has launched new AI-enhanced functionality for Legisway , the company’s award-winning and all-in-one SaaS legal information and contractmanagement solution for corporate legal departments.
Contractmanagement 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. Into the Thick of It.
Onit, the leading provider of legal workflow solutions, today announced Onit Catalyst for Contracts, a ground-breaking software application that intelligently transforms the contract lifecycle using Generative AI and Large Language Models (LLMs) to enhance pre-signature and post-signature contract activities.
Pramata Launches AI Design Studio Contractmanagement platform. Here’s some of the stories you may have missed this week, plus AL’s Editorial Christmas Holiday dates.
software company with products for contractmanagement, virtual deal rooms and electronic signatures. In November 2020, Onit acquired McCarthyFinch , provider of a suite of AI-driven contractmanagement software, then, a month later, it acquired AXDRAFT , developer of contract automation software.
Top 2025 priorities include artificial intelligence (AI) adoption and usage, streamlining contractmanagement, and building the legal brand. Of the survey of more than 250 U.S. legal professionals, 55% cited compliance and regulatory issues as key drivers of the transformation.
Pramata, the leading end-to-end contractmanagement solution provider, today announced the latest version of its contractmanagement platform at the CLOC Global Institute Conference, with next generation functionality that flips the script on traditional CLM capabilities.
Panoram, a leading provider of enterprise legal software solutions, is thrilled to announce the launch of Panoram Contracts, an innovative new contract lifecycle management (CLM) suite designed to transform enterprise-wide contract collaboration.
Major financing news today, as LinkSquares , the Boston-based company that provides an AI-powered contractmanagement 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
In the latest installment of How It Works , we learn about Evisort , a leading provider of contractmanagement and AI solutions for legal, procurement, sales, finance, and IT teams. After providing an introduction to Evisort, Hawkins demonstrates how to: Turn contracts into data.
Paperwork doesn’t intimidate lawyers — until towers of contracts sway and teeter off the edge of their desks. However, balancing multiple clients and their respective contracts calls for impeccable organization. Along with understanding the content of paperwork, law firms must know how to manage it.
Paperwork doesn’t intimidate lawyers — until towers of contracts sway and teeter off the edge of their desks. However, balancing multiple clients and their respective contracts calls for impeccable organization. Along with understanding the content of paperwork, law firms must know how to manage it.
ContractManagement Systems Contractmanagement systems streamline entire contract lifecycles from their creation to their execution and eventual storage in one easily accessible location. These systems ensure compliance and are designed to mitigate the risks that can come with contractmanagement.
Jared Correia - Non-Eventcast Podcast speaks with Colin Levy, Vishal Sunak, Daniel Barnes, and Shashank Bijapur about contractmanagement and the risk management systems, and the best practices for lawyers and law firms. 3:23 - What risks are involved in the risk management and contractmanagement spaces? -
The Walk phase of contractmanagement transforms your operations and sets the stage for faster approvals, transparent processes, and seamless execution.
Contracts are often seen as the "low-hanging fruit" for in-house Legal Departments: the easiest starting point for streamlining processes and gathering valuable data. How can you leverage contractmanagement to achieve quick wins and demonstrate value to your stakeholders?
4 Secrets to Successful ContractManagementContractmanagement has become a hot topic in the legal industry in recent years. Non-lawyer executives are acknowledging what lawyers have been saying for a long time: getting a handle on agreements is a sure way to manage risk and save money.
Today Lexion, the AI-powered contractmanagement and operations workflow platform, introduced a new stand-alone suite of tools to transform the way businesses managecontracts.
Lexion , an AI-powered contractmanagement system for mid-market corporations that emerged out of the Allen Institute for AI , the AI research institute created by Microsoft cofounder Paul Allen, said today that it has raised $20 million in Series B funding, bringing its total amount raised to more than $35 million.
Optimizing ContractManagementContractmanagement can be streamlined significantly through the use of AI-driven legal tech tools, but these tools are only as good as the professionals interpreting their outputs.
The Why and How of Digital ContractManagement in 2023 Digital contractmanagement should be on the minds of general counsels and chief legal officers everywhere considering that analysts predict [.] The post The Why and How of Digital ContractManagement in 2023 appeared first on Exigent.
If youre still managingcontracts manually, relying on email chains, or searching through cluttered folders for key agreements, you might just be playing the biggest April Fools jokeon yourself. The Cost of Foolish ContractManagement Lets face it: contracts are the backbone of your business.
What’s The Importance of Collaboration in ContractManagement? Managingcontracts isnt just about paperworkits about getting teams on the same page without wasting time. Thats why collaboration is such a big deal in contractmanagement. Does All ContractManagement Software Have Collaboration Features?
While most people focus on dusting off their homes and organizing their closets, its just as important to declutter your digital spaces and tidy up your contractmanagement processes. Search and retrieve contracts instantly with advanced filtering. Thats where ALOE comes in! Ready to start your spring cleaning?
The Problem: Contracts Are a Necessary Headache Contracts are the backbone of business operations, but managing them manually (or with clunky, outdated systems) turns an essential process into an overwhelming burden. Lets talk about how ALOE can transform your contractmanagement process and make work enjoyable again.
Seattle-headquartered contractmanagement vendor Lexion has raised a $20m Series B funding round led by Point72 Ventures, with participation from Citi Ventures, and existing investors Khosla Ventures, Madrona Venture Group, Contractmanagement: Lexion raises $20m Series B Read More » The post Contractmanagement: Lexion raises $20m Series B appeared (..)
7 Ways to Sell ALOE to Your Team Introducing new software to your organization can be challenging, especially when it involves a critical function like contractmanagement. Identify Pain Points Before introducing a CLM solution, identify the key challenges your team faces with current contractmanagement processes.
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The market research and advisory firm Aragon Research has named the contractmanagement company Evisort as one of three emerging “hot vendors” in workflow and content automation. The full Hot Vendors report is available for purchase from Aragon for $495.
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