September 23, 2013

No Rules: Problems With Rules-Based Contract Provision Extraction – Contract Review Software Buyer's Guide Part 4

This Gordon Gecko-esque cell phone is a good metaphor for manual rule-based contract metadata extraction systems: Keyword search systems may be sophisticated compared to the status quo of non-technology-aided humans reviewing contracts from scratch.

September 17, 2013

How Automated Contract Provision Extraction Systems Find Relevant Provisions, And Why "How" Matters – Contract Review Software Buyer’s Guide Part 3

People who review contracts generally need to do this work accurately. In fact, one of the principal problems with the current non-tech enhanced way contracts get reviewed (at law firms and elsewhere) is that people make mistakes in this work.

September 9, 2013

What is Contract Review Software & Why Does it Exist? – Contract Review Software Buyer's Guide Part 2

More and more companies are offering contract review software systems. This post gives more details what these systems do and why there are more of them.

August 30, 2013

Contract Review Software Buyer's Guide - Introduction

The contract review software space is getting more crowded—I came across two new competitors in two days earlier this week.

July 24, 2013

Why Lawyers Should be Required to Keep Abreast of Relevant Technology

Under the American Bar Association’s Model Rules of Professional Conduct Rule 1.1, lawyers have a duty to provide competent representation. Under Comment 8 to the Rule, lawyers must maintain their competence:

August 11, 2011

Law Firms Being More Efficient

Law firms can increase profits by being more efficient. Sure, this is obvious for firms that bill fixed fee: lower production costs (or the less time time spent on matters) mean greater profits, all other things equal.

June 9, 2011

Legal Due Diligence Explained

Continuing our series on the background to what we do (make legal due diligence better, faster and cheaper), here’s an explanation of “legal due diligence” for unfamiliar readers.

May 13, 2011

Programming Law

Marc Lauritsen, in his thoughtful talk at Ignite Law 2011 “Apps for Justice–Code to the Rescue,” argues that law schools should teach students how to program legal apps.

May 10, 2011

What is Due Diligence?

Ever wonder what “due diligence” is? Then we weren’t colleagues during my law firm days. But read on. DiligenceEngine is focussed on making legal due diligence faster, better and cheaper.