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Ironclad's Focus on People Drives Our Growth, Diversity, Culture and Momentum

Digitizing and bringing data-driven insights to the contracting process, by our estimates, is a $60+ billion market. By streamlining contract workflows, from creation and approvals to compliance and insights, Ironclad is freeing GCs and in-house legal teams to become the strategic advisors they’re meant to be for their organizations....

5 Software Engineering Concepts Changing the Way Lawyers Work

Intro The legal profession has remained largely unchanged for hundreds of years. Sure, lawyers use emails and word documents today, but legal processes are still heavy on manual review and unstructured back-and-forth between counterparts. In that sense, legal processes like contract review operate in much the same way as they did in the days of quill and ink....

Meet Jo Vong, Legal Operations Manager at Branch

Last week, at CLOC Vegas 2019, we partnered with Jo Vong, Legal Operations Manager at Branch, to deliver a product demo of Blueprint, our walk-up usable, no-code workflow builder. Jo stole the show, delivering a thoughtful, compelling presentation on both the Ironclad platform and her broader legal ops philosophy. We followed up with Jo to learn more about her journey from law firm to tech company, why she chose to focus on legal ops, and how she and her team use Ironclad to streamline contract processing across the business....

How lawyers can be more like coders: CLOC 2018 revisited

Six years ago, when I was a Corporate Attorney at Fenwick & West, I began taking coding classes on the weekends. I had a hunch that technology could speed up many of the routine tasks that came across my desk, and I wanted to know if I was right....

Achieving Business Impact With Data: How Process Metrics Can Improve Your Legal Team's Operations

In previous posts, we explained why data is critical to your legal operations strategy and how metrics can prove your team’s value. The main theme of those two posts? Metrics put you in the driver’s seat. They help orient your team in the right direction and take the guesswork out of long-term planning....

How to Think About Legal AI

Two years ago, Deloitte predicted that artificial intelligence (AI) would automate about ⅓ of the jobs in the legal sector in the next twenty years.  Which is it? Are lawyers on the brink of extinction, or have the capabilities of AI been vastly oversold? Recently, Eyal Dechter, a cognitive scientist at MIT, judged that AI is still “many, many generations” away from being able to complete the types of tasks that lawyers do. Dechter said, “It’s not that computers can’t replace lawyers because lawyers do really complicated things. It’s because lawyers read and talk to people. It’s not like we’re close. We’re so far.”...

How to achieve broad adoption of your contract management platform

Software implementation is difficult. The list of things that could go wrong is practically endless, and includes things like office politics, technical debt, and lack of software support. But the biggest and most common hurdle is product adoption....

Introducing Blueprint with Lucy Li, Product Lead

Lucy Li is a Product Lead at Ironclad. A Carnegie Mellon-educated engineer, she led the front-end mobile web development of Salesforce's early tablet and phone product before joining Ironclad in 2015. She was the creative force behind many of Ironclad's core features, like red-line previewing and complex approvals. Most recently, she lead development of our most recent major product release, called Blueprint....

Balance Visibility and Control with Granular Access Permissions

At Ironclad, we’ve been thinking hard about how to give Legal control over their contracts without sacrificing visibility to the rest of the organization. On the one hand, Legal needs to make sure sensitive information stays within Legal. On the other, contracting requires cross-functional collaboration from business counterparts who need access to contracts information to accomplish their goals....

How Costly Are Manual Contracting Processes...Really?

There’s a light bulb moment that we’ve seen over and over at our customers--it’s when companies realize just how much money they’ve been spending on processing contracts, and why that matters. The average company spends almost $7,000 processing a low-risk contract, according to the International Association for Contract & Commercial Management (IACCM). Think about that. If your company signs a $100,000 contract, 7% of the contract value is out the window before contract fulfillment begins....