Contract Lifecycle Management

I am running out the door, but this news just broke. Here is the unedited announcement:
KKR, a leading global investment firm, today announced that a fund managed by KKR has entered into an agreement to acquire a majority stake in Agiloft (“the Company”), a trusted global leader in data-first contract lifecycle management (“CLM”). As part of the transaction FTV
Continue Reading Breaking: Investment Firm KKR Acquires Majority Ownership of CLM Company Agiloft

Contract lifecycle management vendor Agiloft today (2 May) announced the launch of its Generative AI Prompt Lab, which includes pre-configured prompt templates that can leverage customer’s own data – and […]
The post Agiloft launches Gen AI Prompt Lab including ‘bring your own LLM’ capability  appeared first on Legal IT Insider.
Continue Reading Agiloft launches Gen AI Prompt Lab including ‘bring your own LLM’ capability 

It is only Wednesday, but already this week has brought news of four notable investment deals in legal tech.
Luminance
Luminance, a UK-based company that uses artificial intelligence to automate the generation, negotiation and analysis of contracts, and whose product is also used for e-discovery, has raised $40 million in a Series B funding round.
The investment was led
Continue Reading Legal Tech Investment News this Week: Luminance for Contracts, Scrut for GRC, TRĒ for CRM, VXT for VoIP

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 be the perfect gag gifts
Continue Reading This New Catalog for Corporate Legal Teams (Or Any Legal Professional) Brings the Comical to Contracts

From : Blog Entry >> Maureen’s Blog EntryHi ILTAns! This post has new data about legal applications and enterprise software used in #legaltech, including 1Password, KnowBe4, Ironclad, Vanta, Drata, and Microsoft. There is nothing commercial in this content. Pure data and #dataviz . Enjoy! Okta has application usage data which you simply will not find anywhere else. This year’s
Continue Reading Legal Software is 2023 Growth Leader – Okta Businesses at Work Report

Jack Wicks is senior product manager at Agiloft with a maths degree from the University of Warwick. As part of Legal IT Insider’s Career Insights series, which features the most […]
The post Legaltech Career Insights: Jack Wicks, senior product manager for Agiloft’s AI innovation team appeared first on Legal IT Insider.
Continue Reading Legaltech Career Insights: Jack Wicks, senior product manager for Agiloft’s AI innovation team

One of the most talked-about legal technologies of the last few years is contract lifecycle management software. But a survey released today finds that the majority of companies do not use CLM software at all, and of those that do have a dedicated CLM system, most use it only on a limited basis.
Instead of CLM systems, most companies are
Continue Reading Despite All the Hype Over CLM Software, Most Companies Don’t Use It to Manage their Contracts, Survey Finds

Luminance announced today (20 February) that LG Chem has become the first Korean company to adopt its contract negotiation and management product, Luminance Corporate. LG Chem is one of the […]
The post LG Chem becomes first Korean company to adopt Luminance Corporate appeared first on Legal IT Insider.
Continue Reading LG Chem becomes first Korean company to adopt Luminance Corporate