Contract Automation and Drafting (Through Signature)

Belgium-founded AI contract review startup LegalFly has raised over €2m seed funding in a round led by Swiss venture capital firm Redalpine, with participation from Mehdi Ghissassi, director of product …
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The contract lifecycle management company SpotDraft today launched a generative AI add-in for Microsoft Word that is designed to help lawyers streamline the process of reviewing contracts — and it is available for anyone to try for free through the end of December.
The new product, called VerifAI, uses generative AI to check contracts against user-specified guidelines, written in
Continue Reading CLM Company SpotDraft Unveils Generative AI Contract Review Add-In for Word (and For A Time It’s Free)

LegalOn, a company that was already one of Japan’s largest providers of AI contract review technology when it launched into the U.S. market last December, today is announcing its expansion into contract drafting with the release of LegalOn Templates, a collection of more than 100 market-standard templates created and kept current by attorneys experienced in the applicable area of
Continue Reading LegalOn Expands from Contract Review to Drafting with Addition of 100+ Lawyer-Drafted Contract Templates

The contract management company Ironclad today announced plans to launch a chat interface for complex contract analysis that it says will open a window into the black box of artificial intelligence by showing users the steps it took to come to a conclusion.
Ironclad also today introduced an open-source visual programming environment for building with generative AI and announced other
Continue Reading Ironclad Opens A Window Into the Black Box of AI with New Chat Interface for Complex Contract Analysis

Legal technology consultancy Morae Global has entered into a strategic partnership with Belgian-headquartered contract drafting and negotiation platform Henchman, to bring law firm and corporate clients a tech + services …
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Businesses spend significant time, money and effort negotiating that most-common of contracts – the non-disclosure agreement. With the goal of simplifying and standardizing those business dealings, the non-profit organization oneNDA developed an open-source NDA that, since its launch in 2021, has been adopted by more than 1,000 companies, including American Express, Google, Novartis and Panasonic.
Now, oneNDA is hoping to
Continue Reading oneNDA and SimpleDocs Partner to Launch Free Software to Automate NDA Requests and Negotiations

Last May, I reported here on the emergence out of its stealth development phase of The Contract Network, whose goal is 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.
Notably, the new company
Continue Reading The Contract Network Raises $8M To Fuel Its Mission To ‘Radically Accelerate’ Contract Negotiations