Law Insider

Very soon we'll be switching from Law Insider Search to Law Insider GENERATE. An AI-powered contract and clause drafting tool that brings together the intelligence of the Law Insider database with the power of Open AI. Do you want 10,000 indemnification clauses or do you want one-- drafted to your specifications? I think we know the answer. WARNING: This isn't a product launch! What I'm sharing below is very raw and unfinished. But I invite you to test it out and share your feedback in the comments below. START GENERATING CLAUSES HERE >> lawinsider. com / chat

?? Slow contracts = slow deals. Let’s fix that. ?? Contracts should accelerate business—not stall it. Yet, inefficient workflows, endless redlining, and approval delays slow down deal cycles and impact revenue. On March 5 at 10 AM ET | 3 PM BST, join Electra Japonas and Preston Clark for a live discussion on how legal teams can reduce friction, speed up negotiations, and turn contracts into a revenue enabler. We’ll be covering: ? How legal & sales teams can align to close deals faster ? When standardization & AI actually improve efficiency (and when they don’t) ? Real-world strategies to streamline approvals & reduce redlines If contract bottlenecks are slowing down your business, this session is for you. ?? Register now → https://lnkd.in/eXnjdGiE #contracts #legaltech #AI #contractmanagement

Why contract review tools fail: AI spots risks, but doesn’t tell you if they’re reasonable. Most AI contract review tools can: ? Flag non-standard clauses ? Highlight deviations from your playbook ? Identify risks But do they tell you if those risks actually matter? ?? AI might flag a liability cap as "non-standard"—but is it actually out of line with the market? ?? AI might highlight a termination clause as risky—but is it a real problem or just worded differently? ?? AI might compare a contract to your internal policies—but are those policies actually aligned with industry norms? The real problem? Contracts take too long because we lack standardization. If we all started from the same market-backed foundation, negotiations would be faster, fairer, and less about preference and more about principle. That’s why we built oneSaaS—the first truly standardized cloud services agreement, shaped by real market data. And this is just the start. Imagine a world where you never have to wonder if a clause is fair, balanced, or truly market again. ?? Start with the right foundation. Download oneSaaS and be part of the shift toward standardization. ?? Get it here → https://lnkd.in/eQd8SyBt What’s the one clause you see over-negotiated in SaaS agreements? Drop it in the comments. ?? #contractnegotiation #legaltech #standards

What a pleasure and privilege to speak and moderate at Future Contracts Miami. It was a great conference. A tremendous panel with Teresita Chavez Pedrosa, Kyle Pankratz, Aliza Muller, Jesimin Berman that shared valuable information, insights, and practical real-world experience on AI & Contracting; Evaluation, Selection, Implementation of AI offerings; and ongoing Operationalization and Improvements of AI utilization; and Scaling! Cannot emphasize enough on the many many valuable insights and learnings, from many real-deal people and companies that are actually "doing" vs "just talking".... applying learnings and making use/implementing many terrific takeaways on AI. All the panels were terrific but a particular shout out to Preston Clark on the Keynote and charting the course, and Jana Blount on how legal may best leverage Legal AI. Thanks and appreciation to Cosmonauts, Law Insider, and University of Miami School of Law for organizing and partnering. Thanks and appreciation to our sponsors SimpleDocs, Harvey, Spellbook. LexIQ (Techstars '24), and Legalverse Media

I had a great time this week as a panelist at Future Contracts Miami. If you haven’t had a chance to discussion technology, and particularly #artificialintelligence, with a room full of skeptical lawyers I highly suggest you give it a try. If you can convince just one of them that technology is their friend, consider it a win!! Ha ha. In all seriousness, this was a great opportunity to break down and unpack all of the very real issues and concerns that come along with the deluge of new technology now available to the legal profession. Knowing how to properly leverage these tools is absolutely critical - equally important is knowing what should, and must be, avoided. There is a lot of misinformation floating around, so the more we all communicate the better. A special thanks to Preston Clark and Electra Japonas for including me in the program. Thanks everyone for a GREAT two days at University of Miami School of Law!!

Could standardizing legal agreements such as NDAs and SaaS contracts help in-house legal departments be more efficient? That is the premise behind the development by Law Insider of the open source standards oneNDA and the just-released one SaaS. On the latest LawNext, we discuss whether standardized agreements could transform business contracting. I'm joined by Electra Japonas, the founder of oneNDA and chief legal officer at Law Insider, and Preston Clark, president of Law Insider. You now get the choice of listening to the audio podcast or watching us on YouTube. Find it all here at LawNext: https://lnkd.in/eTQgkDvs '

Just wrapped up an eye-opening few days at Future Contracts Miami at the University of Miami ????? As a transactional attorney, I've come away with some serious food for thought about where our profession is heading ?? -While AI isn't replacing lawyers, it's becoming clear that lawyers who master AI will eclipse those who don't. At my law firm Levacy Legal, where we handle real estate and business transactions, our flat-fee model is perfectly positioned for this shift. Clients are getting savvier about paying traditional billable hours for work that AI could streamline. -The biggest hurdle to mass adoption is security and privacy concerns in legal AI. We're dealing with: Client confidentiality when using third-party AI tools Potential data leaks through public AI models Questions about AI training data and whether client information could be exposed Cross-border data protection compliance But there are promising solutions emerging: Private, closed-source AI models specifically built for legal work Enhanced client consent protocols that clearly outline AI usage Hybrid approaches using AI for initial drafts while keeping sensitive details offline On-premises AI solutions for larger firms -The most exciting part? AI is freeing us up to be better advisors. Instead of getting bogged down in repetitive tasks, we can focus on truly understanding our clients' businesses and delivering strategic value. -Here's the irony though- we as attorneys have been rewarded for perfection since law school.?It sounds like a good thing, but that same quality is actually slowing down our adoption of these powerful tools. We have trust issues! But that's something we need to improve on. What's your experience? Is your company embracing AI or taking a wait-and-see approach? #LegalTech #FutureOfLaw #AIinLaw #LegalInnovation #AttorneyLife Electra Japonas Preston Clark Isabel Parker Jana Blount Or Cohen-Sasson Marcia Narine Weldon Jill Albrecht Clark Juliet Astbury Samir Patel Juan Pablo Sandoval Celis Yonathan Arbel Nicholas Long Nema Daghbandan Kaitlyn Jauregui, Esq. Adam Handfinger Lauren Skidmore Savannah Padgett Silvia M. Garrigo Law Insider Spellbook Harvey SimpleDocs

Big news: oneSaaS is live! ?? After months of collaboration with our legal community, we’re excited to share the oneSaaS Cloud Services Agreement—a free, open standard designed to bring clarity and consistency to SaaS agreements. Whether you’re drafting, negotiating, or just looking for a solid starting point, oneSaaS is here to help. ?? Download it now: https://lnkd.in/g62_fABE Built with the legal community, for the legal community. Now, we’d love to hear from you! What do you think? How will you use oneSaaS? Drop your thoughts in the comments and help us spread the word! #oneSaaS #LegalTech #SaaSContracts

Law Insider today announced the launch of oneSaaS, a standardized template for cloud services agreements, developed through a community-driven process that drew on input from more than 300 legal professionals and software-as-a-service providers and that analyzed nearly 1,000 public SaaS agreements. It is free and open source for anyone to use. Read more about it at LawSites blog. https://lnkd.in/eK6WNUmJ

This is a very big week for Law Insider and SimpleDocs. Easily the biggest week of my professional life. Very energized and humbled! 1. The launch of oneSaaS-- our open-source cloud services agreement-- just hit the wire. And the Law Insider Standards library is officially open for business. (check it out lawinsider com/standards). Electra Japonas has brought together an amazing global community to develop and launch these standards, and we have a lot more standards (and standard AI playbooks!) coming this year. Stay tuned. 2. We're hosting Future Contracts Miami today and tomorrow (Tuesday) at my alma matter the University of Miami School of Law. We're expecting over 300 lawyers from around the world to join us to explore the topic of contract innovation and how AI is changing the future of contracts. Thank you Marcia Narine Weldon for your support! 3. Tomorrow SimpleDocs is bringing SimpleAI out of Beta. This is our new AI-powered Playbook Builder that integrates with the SimpleDocs platform for instant send and eSign functionality. Instant redlining, instant drafting, instant send and sign. I can't wait to share it with you! If you're here with us in Miami today, please stop by for a sneak peek demo and a free 1-month trial to SimpleAI. Dory Lord Jordan Trevino Jennifer Holden Josh McCullough