Contract Insights

According to Gartner®: “by 2027, the global legal technology market will double in size because of GenAI — and legal leaders face growing pressure to respond."^[1] This projection underscores the rapid evolution of legal operations due to tools such as generative AI and agentic AI. Legal technology is no longer a far-fetched concept but a presently integrated part of the modern legal operations landscape. The key drivers behind this transformation include the increased complexities of legal work, an increased demand for efficiency as contract volume grows, and increased client expectations. But what does legal technology look like in 2025? This blog post provides a comprehensive overview of legal tech's impact on present and future legal professionals.

In a critical ruling on September 19, 2024, the Court of Justice of the European Union (CJEU) banned the use of online price parity clauses. This decision significantly impacts the way businesses operate within the EU. The ruling, particularly affecting platforms like Booking.com, marks a pivotal moment in EU competition law. For organizations navigating this new regulatory change, CobbleStone Contract Insight^® contract lifecycle management (CLM) software serves as a vital tool for managing contracts and ensuring compliance.

Did you remember to read all of our blog posts from April? Don't worry; we have outlined each of them for you. Stay up-to-date with industry topics, real-world case studies, and contract management software and procurement best practices in May by reading the latest CobbleStone^® content.

This recent executive order stresses the importance of artificial intelligence (AI) education for American youth. Understanding and leveraging AI properly is critical to preparing the next generation for the AI-driven economy and workforce. CobbleStone Software's VISDOM^® AI, contract artificial intelligence powered by machine learning, offers a unique and practical application of AI. CobbleStone Software's VISDOM+ generative AI presents exciting possibilities for shaping how future professionals interact with and utilize generative AI.

The April 2025 Presidential Executive Order, “Lowering Drug Prices by Once Again Putting Americans First,” brings forth a restructuring of the regulatory landscape for pharmaceutical and healthcare entities. These organizations are urgently analyzing current contracts and generating new agreements to comply with impending federal reforms aimed at reducing medication costs. In the heat of this scramble, powerful pharma contract management and healthcare agreement software solutions have gone from optional resources to essential assets for legal and procurement teams.

To that end, let's examine how integrated pharma contract management, healthcare agreement, and hospital procurement software solutions can help organizations easily navigate new drug pricing reforms.

The recent April 2025 executive order, "Restoring Common Sense to Federal Procurement," is part of a significant push toward more efficient and straightforward government acquisitions. While the order details broad principles for such improvement, its successful implementation hinges on attention to detail, specifically concerning the Federal Acquisition Regulation (FAR). In this rapidly evolving procurement landscape, CobbleStone Software emerges as a helpful partner, offering advanced oversight and control of these essential clauses.

Understanding liability and risk transfer is paramount for any organization managing contracts. A critical instrument that facilitates this mutual understanding is the hold harmless agreement. Encountering a hold harmless clause or document is incredibly common in both the public and private sectors. As such, this blog post aims to demystify the concept of held harmless agreements.

As 2025 continues to unfold, legal regulatory landscapes are shifting faster than ever. This year's shifts include the current administration's changes to evolving import tariffs, AI governance practices, ESG mandates, and the heightened need for legal operations modernization. For legal, procurement, and compliance teams, staying ahead of these changes isn’t just about reading the latest policy brief—it's about transforming how contracts are managed, tracked, and enforced.

Enter CobbleStone Contract Insight® contract lifecycle management (CLM) software—not just a nice-to-have legal tech tool but a strategic shield against non-compliance and operational bottlenecks.