Automated Contracts

When Will Blockchain and Smart Contracts Be Important in Legal?

“Blockchain is Hot: More than $1.5 Billion has Been Invested in Blockchain in the Last 18 Months” — Tori Adams, Booz Allen Hamilton NATIONAL HARBOR,…

Joseph Raczynski September 07, 2016

Contract Maturity Model (Part 3): Evolution of Content from One-Offs to Modular Components

This is the third, and last, article in the series of posts on the future of contracting platforms. It focuses on content systems — namely,…

Kingsley Martin July 20, 2016

Infographic: Avoiding Common Pitfalls in Risk Allocation Provisions

Carefully crafted risk allocation provisions are essential to mitigating your client’s or business’ liability and protecting their commercial interests. Follow these steps to avoid common pitfalls.…

Practical Law July 07, 2016

Brexit Legal Impact Seen as the UK Votes to Leave: Après Nous, le Déluge

On June 24, the result of "Brexit" — the United Kingdom's referendum on its European Union (EU) membership — was announced, with a majority of voters deciding that the…

Joanna Morris June 27, 2016

Contract Maturity Model (Part 1): From One-Off Contracting to Portfolio Management

This is the first in a series of three articles examining how contract creation is evolving to meet the needs of modern business. This initial…

Kingsley Martin June 01, 2016

Prof. Davenport to Speak on Impact of Automation on Human Labor at Upcoming Legal Executive Institute Event

Human history has been said to develop along a continuum of evolutionary achievements. From the invention of the cotton gin to the industrial revolution, human…

Thomson Reuters Institute March 22, 2016

Legaltech NY Startups Showcase a Diverse Crowd with Some Common Themes

NEW YORK — Legaltech New York is one of the world's largest events devoted to legal technology, but it has traditionally been dominated by ediscovery…

David Curle February 22, 2016

Video Interview: Automated Contracts Optimize a Firm’s Efficiency, says Kingsley Martin, President & CEO of KM Standards

Ralph Baxter, chairman of Thomson Reuters' Legal Executive Institute, speaks to Kingsley Martin, president and chief executive officer of KM Standards, at the recent COO…

Thomson Reuters Institute December 18, 2015

Legal Technology Barriers — Understanding Language and Exercising Judgement

There is a growing buzz around artificial intelligence (AI) and the law. My next few posts will explore emerging technologies and different approaches, and how…

Kingsley Martin September 24, 2015

A Term Sheet for Every Contract—Expediting Contract Review

Across the board, technology is entering a phase of rapid innovation fueled by financial pressures and the rising capabilities of software. While some may assert…

Kingsley Martin July 21, 2015

Is Big Law Running Out of Work? What Excess Capacity Really Tells Us about the Future of Legal Services

Citing the recent annual Altman Weil survey of law firm leaders, some commentators have interpreted the respondents’ complaints about too many lawyers in the marketplace…

June 24, 2015

Auditable Contracts: Moving from Literary Prose to Machine Code

With the rise of contract analytics, there is a growing interest in—or at least awareness of—computable contracts. This post will seek to explain the concept,…

Kingsley Martin June 04, 2015