In-house legal departments often struggle with a common challenge: how to efficiently review and negotiate the constant flow of routine contracts without sacrificing quality or consistency.
Aiming to help them tackle that challenge, SimpleDocs, known for its AutoNDA contract automation software, has launched SimpleAI, a Microsoft Word-integrated tool that enables in-house legal teams…
In a further expansion of the CoCounsel AI legal assistant it acquired last year through its purchase of Casetext, Thomson Reuters today unveiled CoCounsel Drafting, a document drafting tool that works within Microsoft Word and that leverages both the generative AI capabilities of CoCounsel and the practical content of Practical Law.
Launching today in…
LexisNexis Legal & Professional said today that it has entered into an agreement to acquire Henchman, a Belgium-based contract drafting legal technology company.
LexisNexis said it is acquiring the company for its document management system that enable faster document drafting. It say its technology enriches a law firm’s internal work product,…
Almost exactly one year ago, a new legal tech startup, The Contract Network, came out of stealth, with a mission to “radically accelerate the time for contract negotiations” through an AI-powered contract collaboration platform where all parties to a deal engage in a secure and neutral environment.
The company’s cofounder and CEO, Jim…
A remote-controlled race car that redlines documents? A slingshot for launching litigation? A “Yes, But …” button for testing out your legal theories?
These are just some of the products available through the new online store LawLawLand, launched by the contract management company SpotDraft.
While oriented towards inhouse legal teams, the products could…
A new company coming out of stealth today, The Contract Network, aims to “radically accelerate the time for contract negotiations” by providing an AI-powered collaboration platform that can be used by all parties to a transaction to more quickly “get to the point” in their negotiations.
It is led by CEO Jim Wagner,…
Subscribers to Cheetah for Corporate Counsel, a legal research platform from Wolters Kluwer Legal & Regulatory U.S., now have direct access to Lawgood, a practice tool for drafting contracts and clauses using market standards.
Through a partnership between the two companies, access to Lawgood’s functionality is included with a subscription to the Cheetah…
The document technology company Litera has acquired Bestpractix, a three-year-old, Israel-based company whose platform for contract review, negotiation and drafting uses natural language processing and machine learning to provide contract-drafting recommendations based on both a firm’s own previously negotiated agreements and on publicly available agreements.
Founded in 2017 by CEO Omer Hayun,…
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