TermScout

Why Transparency in Contracts is a Powerful Marketing Advantage https://hubs.la/Q03bzN2s0

Discover how data-driven contracting is revolutionizing the way we approach agreements, transforming them from obstacles to revenue catalysts. By leveraging independent contract certification and objective data, companies can accelerate sales cycles, reduce legal bottlenecks, and enhance customer trust. https://hubs.la/Q03bqKYR0

In her article "Becoming a T-Shaped Lawyer: Why In-House Lawyers Should Embrace This Framework", Olga V. Mack emphasizes the need for legal professionals to combine deep legal expertise with broad business acumen. Today's lawyers are crucial business partners who provide strategic input well beyond legal advice. Businesses need in-house counsel as revenue partners to help accelerate the sales cycle and close deals faster. Legal can help streamline negotiations, build trust with stakeholders, and position themselves as true business partners in an era of rapid change. Making sure contracts are fair and balanced to both customers and vendors is a major first step. At TermScout, our business was built on the notion that legal needs a seat at the revenue table and that our products like our Contract Certification arm legal pros with the ROI they need to prove that fair and balanced contracts mean less redlines and negotiations! https://hubs.la/Q038-KhZ0 .#aiforlaw #contractcertification #legaltech

As we enter the age of AI-driven contract management, ensuring fairness and compliance in agreements is more crucial than ever. DocuSign's 2025 trend report highlights the growing role of generative AI in contract processes, from summarizing content to auto-tagging agreement metadata. We're proud to call Docusign a customer and we're helping them demonstrate the fairness of their service terms. As businesses leverage AI to streamline agreement processes, our certification ensures that customer-favorable terms remain at the forefront, building trust and accelerating deal closures in this new era of intelligent contract management. #contractfairness #legaltech #aiforlaw https://hubs.la/Q038m96B0

Exciting developments in AI are reshaping the legal landscape! Thomson Reuters has published their 2025 report on major impacts of AI on the practice of law. As we navigate this transformative era, it's crucial for legal professionals to stay informed about how generative AI is enhancing efficiency in legal research, document management, and due diligence. Ethical considerations and risks are a big issue, which means customers are paying even closer attention to how vendors negotiate data rights, liability caps, and indemnifications. At TermScout, we're all about helping companies be transparent with their terms and ensure their contracts reflect customer fairness as well as vendor fairness. #aiforlaw #legaltech #legaltrends https://hubs.la/Q038mGnd0

A recent LexisNexis survey revealing that 11% of lawyers, rising to 19% at larger firms, would consider leaving their jobs if their firms fail to embrace AI. This trend underscores the growing importance of AI in legal practice and the expectations of legal professionals.?Read more about this trend in Richard Tromans article "Give Us Legal AI Or We're Leaving". As the demand for AI in legal services increases, it's crucial for companies to ensure their contracts (especially AI services) are fair and customer-friendly. At TermScout, we provide certification that allows companies to demonstrate the fairness of their contracts. By certifying contracts are fair, businesses can build trust with clients, stay competitive in the evolving legal landscape, and meet the rising expectations for AI adoption in the legal field. Don't fall behind in the AI revolution! Certify your contracts and show your commitment to fairness and innovation in legal tech. #legalinnovation #AIforlaw #contractcertification https://lnkd.in/gSGRB_d9

Congratulations to Everbridge for their commitment to customer-friendly service agreements! Their contract terms have been ranked among the most favorable, with an impressive 80% favorability rating - outperforming 92% of over 1,500 similar contracts analyzed.?This recognition highlights the importance of transparent and fair business practices in building trust with customers. At TermScout, we're proud to work with companies like Everbridge who are setting new standards in the SaaS industry. By prioritizing clarity, fairness, and customer interests in their agreements, Everbridge is not only protecting their clients but also fostering stronger, more trusting business relationships. This achievement demonstrates how companies can balance their interests with those of their customers, creating a win-win situation. It's a testament to the value of fair and balanced contracts in today's business landscape, where transparency and trust are more crucial than ever. #customersuccess #SaaStrust #contractcertification #LawAI

Don't sign another IT contract without checking these 19 crucial clauses! Our comprehensive checklist covers everything from liability caps to data security standards. Whether you're a small business or a large enterprise, this guide will help you save time, increase consistency, and reduce overall risk in your contract reviews. Get your free contract review checklist and start optimizing your IT agreements today. https://hubs.la/Q036L8200 #legaltech #aiforlaw #contractlaw

Ever wondered what's inside the contract clause database? We've broken down IT contracts into more than 750 structured data points, enabling accurate comparisons across vendors and topics. From liability caps to data security standards, explore the key elements that make up a balanced IT contract. Dive into the details and see how your contracts measure up. https://hubs.la/Q036L3Qr0 #contractlaw #legaltech #aiforlaw

At TermScout, we're revolutionizing contract review by converting unstructured contract language into structured data. Discover how our public repository of contractual language can provide unparalleled insights into your own contracts and the broader market. Learn more about how the Verified? Contract Database is shaping the future of legal tech. https://hubs.la/Q036KY_F0 #legaltech #contractlaw #ailaw #legalinnovation