Category: contract
Updated on December 17, 2019
Metrics that Matter: Using Legal Data to Make Informed Business Decisions
By Nicole Arbiv The legal industry is evolving at breakneck speed. Legal departments are expected to run as a business and drive cost-effective processes that benefit the entire organization. General counsels too are required to invest in the …
Posted on October 23, 2018
20 top lawyers were beaten by legal AI. Here are their surprising responses
In a landmark study, 20 top US corporate lawyers with decades of experience in corporate law and contract review were pitted against an AI. Their task was to spot issues in five Non-Disclosure Agreements (NDAs), which are a …
Updated on November 14, 2018
Blockchain, CryptoKitties, and Why NDAs Still May Not Protect Your Ideas
Lauri Donahue, Director of Legal Content at LawGeex As we blogged about back in the day, Many people make others sign non-disclosure agreements (NDAs) before they reveal their business ideas to them. They assume that an NDA will …
Updated on September 25, 2018
Contracts take center stage as LegalTech funding on course to top $1billion in 2018
Noory Bechor, CEO, and co-founder of LawGeex In 2018, LegalTech investments are rapidly closing in on the $1billion mark, with three months of the year still remaining.
Posted on July 11, 2018
The 5 Most Awesome Online Training Tools For Lawyers
Online training has become ubiquitous. This learning, entirely through the internet, has grown with the popularity of multimedia elements gamifying study through graphics, audio, quizzes, and video.
Updated on March 8, 2018
How You Can Quickly Up Your Contract Game With This One Simple Tactic
Lauri Donahue, LawGeex’s Director of Legal Content, on a game-changing tool that streamlines contract review I remember the first time I was asked to review a contract. It was more than 30 years ago, and I was fresh …
Updated on March 6, 2018
AI vs. Lawyers: The Ultimate Showdown
Artificial intelligence has overtaken lawyers for the first time in a staple of the legal profession — accurately spotting risks in everyday business contracts. In a new study, LawGeex has achieved an average 94% accuracy rate at surfacing …
Updated on October 26, 2017
Cost of processing a basic contract soars to $6900
We asked our friends at the International Association for Contract & Commercial Management (IACCM) how much a contract costs a business. Tim Cummins, President of the IACCM, says inefficiency is pushing up the price of getting a basic …