A Paralegal’s Guide to Effortless Contract Analysis and Data Extraction

By Mark Nastasi on 02/1/19

 

This post was originally shared in the Paralegals Connect January 2019 Newsletter

Contract review is a daunting task for paralegals.  In most cases, having an extra set of eyes to review contract terms is critical to ensure no "bad" clauses slip through the cracks.  The duty of reviewing agreement terms and clauses is a time-staking task, making the effort and focus it takes to review contracts priceless to an organization.  Moreover, paralegals bear a great amount of work to complete the contract negotiation and signing process quickly — all while preventing unwanted or risk associated clauses from being overlooked in the contract’s final review.  Having a smart assistant handle contract data extraction, data entry, and contract tracking can be a lifesaver to the busy paralegal and, in many cases, can provide assurance that your organization’s contracts will be mistake proof. 

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Text Extraction & Data Mining Makes Contract Analysis Easy

By Mark Nastasi on 01/7/19

Manually importing and analyzing contracts can be time-consuming, frustrating, and often results in lost documents or other mistakes.  Having an expert handle data extraction for your organization can provide better results and a seamlessly organized contract repository.  Artificial Intelligence (AI) can detect and prevent predicaments that cause your organization to be at risk.  Learn from this real-world case study how a CobbleStone Software client utilized contract data extraction services and text mining smart tools, transforming their contract management process to be supported with data-driven strategy.

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The #1 Reason Contract Lifecycle Management Fails

By Maisie Brooks on 08/20/18

Many organizations understand the potential value, positive impact, and negative impact of their contracts. They reach a point where they’re committed to creating a strategic contract lifecycle management process that’s supported with the right contract software, tools, and people.

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