Contract Database Management

What is Contract Database Management?

Contract database management systems create organized repositories for contract documents that facilitate easy shared access to relevant documents based on indexed terms and search functionalities, and may include additional functionalities such as document assembly, approval and signature processing, obligation monitoring and notifications, and integration with CRMs.
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Knowable Insights
Law.com's Legaltech News
SirionLabs Acquires Eigen Technologies to Expand Capabilities and Financial Services Footprint
Sirion noted that the deal will allow it to expand its data extraction capabilities to more documents beyond contracts.
Law.com's Legal Tech News
6/6/2024
Legal IT Insider
Zuva and Litera partner with SALI to release open-source document classification taxonomy 
Zuva and Litera have built a document classification taxonomy covering 225 document types which they are open-sourcing via the Standards Advancement for the Legal Industry (SALI) Alliance.  Zuva is today ... Zuva and Litera partner with SALI to release open-source document classification taxonomy  Read More » The post Zuva and Litera partner with SALI to...
Caroline Hill - Editor-in-Chief
10/3/2023
LawSites
oneNDA and SimpleDocs Partner to Launch Free Software to Automate NDA Requests and Negotiations
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....
Bob Ambrogi
9/6/2023
Law.com's Legaltech News
LTN Startup Spotlight: Syntheia Founder on Gaining Traction With Customers as a Startup
Legaltech News caught up with Horace Wu, the CEO and founder of contract analytics startup Syntheia, to discuss what his startup is doing differently from the competition, and how they hope to gain law firm trust.
Law.com's Legal Tech News
8/23/2023
LawSites
Bloomberg Law Launches A Product For Storing, Searching, Drafting and Negotiating Contracts
Does the corporate legal market need yet another contract lifecycle management product? Well, Bloomberg Law thinks it does. Last month, Bloomberg Law released a survey it conducted with legal news and information company ALM that found that nearly 75% of in-house counsel said that their contract workflow technology did not meet their needs, even though...
Bob Ambrogi
5/9/2023
Dewey B Strategic
Bloomberg Law Contract Solutions Offers AI Enabled Drafting for In House Counsel -Launch Even May 11th
Bloomberg Law has announced the launch of Bloomberg Law Contract Solutions,  a new AI enabled contract workflow for In-House Counsel. The product is designed to help lawyers streamline drafting and negotiation with tools for profiling, searching and extracting clauses.  The product was designed in consultation with corporate legal teams.  Live Virtual Event Bloomberg Law Contract...
Jean O'Grady
5/9/2023
Law.com's Legaltech News
Luminance’s CEO on the Future of Lawyers and Why ChatGPT Is Only ‘Dinner Party’ Smart
The use of AI is becoming essential, but humans will always be necessary in the business of law, says the head of one of the legal sector’s fastest growing tech firms.
Law.com's Legal Tech News
4/21/2023
LawSites
Building On Its Acquisition of Parley Pro, LexisNexis Adds Contract Lifecycle Management to CounselLink
Building on its acquisition last year of the contract lifecycle management (CLM) platform Parley Pro, LexisNexis is today announcing the integration of Parley Pro’s CLM capabilities to its cloud-based CounselLink enterprise legal management solution for corporate legal departments. CounselLink is also today introducing work intake features designed to facilitate the submission and management of legal...
Bob Ambrogi
3/1/2023
Law.com's Legaltech News
LexisNexis Expands ELM Solution CounselLink with New Work Intake, CLM Capabilities
LexisNexis’ expansion of its ELM solution offerings fits into its long-term strategy for CounselLink to be a “one-stop shop for legal operations,” Aaron Pierce, vice president of Product Management at CounselLink told Legaltech News.
Law.com's Legal Tech News
3/1/2023
Legal IT Insider
Agiloft launches online ‘university’ in response to rise of contract operations 
Silicon Valley-headquartered contract lifecycle management vendor Agiloft today (12 January) launches an online ‘university’ to train users from across enterprise procurement, sales, and legal teams to become certified Agiloft administrators.  The ... Agiloft launches online ‘university’ in response to rise of contract operations  Read More » The post Agiloft launches online ‘university’ in response to rise...
Caroline Hill - Editor-in-Chief
1/12/2023
Law.com's Legaltech News
Behind the Curtain: How Lexion Harnessed GPT-3.5 for Contracts
As ChatGPT enthralls legal, CLM provider Lexion has successfully incorporated the underlying technology into its offerings. Here they discuss the process and what’s to come from GPT-3.5 technology in legal work.
Law.com's Legal Tech News
1/12/2023
Law.com's Legaltech News
Legal Tech's Predictions for Contract Technology in 2023
Legal industry experts weigh in on what to expect from contract technology in the next year.
Law.com's Legal Tech News
1/5/2023
Above the Law Tech News
The Importance Of Contract Data Management (And How It Works)
Businesses with good contract data management can make better decisions faster. They are also able to identify opportunities and threats more quickly. The post The Importance Of Contract Data Management (And How It Works) appeared first on Above the Law.
Olga V. Mack
12/3/2022
Law.com's Legaltech News
Ironclad-Zip Partnership Underscores Broader Collaboration Need Between Fintech and Legal
With this partnership, Zip and Ironclad aim to make legal teams’ involvement in the procurement process more efficient.
9/12/2022