The image above is one of 12 panels from this tweet by Jordan Furlong containing his graphic entitled “Types of Future of Law Paper.” It’s a riff on this xkcd webcomic entitled “Types of Scientific Paper.” Document Assembly Has Underperformed Obviously, for that one panel to work, it has to be grounded in reality. Document assembly is a straightforward technology … Read More
I used to keep track of technology related to the contracts process, but now I do so only sporadically—there’s way too much for the casual observer to keep up with. That’s even the case regarding a subset of that technology—products that aim to facilitate review of contracts. That’s of interest to me, as I’m chief content officer of LegalSifter, one … Read More
It’s time for me to remind you all of a modest but essential element in my legaltech toolbox—the Numbering Assistant, a Word add-in by PayneGroup. Why is the Numbering Assistant important to me? Because it allows me, a Word styles doofus, to quickly and easily apply to a contract either the MSCD hanging-indent scheme or the MSCD first-line-indent scheme, each … Read More
I’ve had my Microsoft Surface Pro 4 for three and a half years. It’s a travel laptop, and it’s been perfect for what I do. It’s light, so humping it around the world hasn’t been a problem. It’s plenty powerful and capacious. And I’ve used it in tablet form to do PowerPoint presentations for my “Drafting Clearer Contracts” seminars. Using … Read More
I’m a contract-drafting guy, but I have to acknowledge that drafting contracts might not be the most annoying part of the day-to-day contracts process. Assume that Acme does ten deals with ten different companies in which it drafts the contracts using its templates. Then assume that it does those deals using the other guy’s drafts. Odds are that in the … Read More
Tim Cummins is the head of the International Association for Contract and Commercial Management (IACCM). Over the years I’ve discussed with Tim the future of contracting. After a recent exchange of emails, we decided try a more formal approach. We agreed to address on our respective blogs the following proposition: We want new technologies to sweep away traditional contracting, so … Read More
Yesterday I saw this tweet by the estimable @ronfriedmann: New @LegalSifter ‘Sifts’ Legal Docs to Provides Negotiation Advice. @bobambrogi https://t.co/N96jWk3eEVContract tool ecosystem blossoms — ronfriedmann (@ronfriedmann) September 15, 2017 Every so often Ron says something glass-half-full about software for contracting; ever predictable, I respond glass-half-empty. Or I throw the glass over my shoulder. This is one of those occasions. The … Read More
I noticed this post by Richard Tromans on a new Wolters Kluwer product called M&A Clause Analytics. Here’s some of what Richard says: In terms of what the system actually does, Wolters Kluwer explains that it has the ability to compare an entire document or single clause against the market standard and then provides practical guidance about those clauses and … Read More
This post on Artificial Lawyer by Richard Tromans (@ArtificialLawya) notes that more and more technology is being directed at the contract process. In fact, there’s so much of it that I’ve stopped trying to keep track. The article focuses on a product called Avvoka. I’m not familiar with it, and I certainly haven’t tried it. My purpose is, as usual, … Read More
[Update 30 April 2017: In an email exchange with Dan Rubins, CEO of Legal Robot, I learned that the New York Times article doesn’t reflect at all how Legal Robot handles shall. I’m OK with having written my post based on what was in the article, but the shall part was what prompted me to write the post in first … Read More
