Skip to content

10 Reasons Why You Should Use AI-Driven CLM For Legal Operations

According to research conducted by World Commerce & Contracting, poor contract lifecycle management processes decrease the average organization’s profitability by 9.2% annually. Improving your organization’s CLM is no longer a question of “can we afford to do this” — it’s a question of “can we afford not to?”  Fortunately, with the advent of artificial intelligence-powered…

Read More

Why is CLM AI Consulting Important, and What Can You Expect?

Artificial intelligence and machine learning are unlocking unprecedented efficiencies in contract lifecycle management (CLM). These powerful tools can help organizations that find themselves overwhelmed by the volume of their own contract data. But equally overwhelming can be the question of where to get started with an AI focused CLM implementation. Mainspring makes that decision easy.…

Read More

How Can Machine Learning and AI Optimize the Legal Department?

In the never-ending pursuit of greater productivity and efficiency, legal departments are being asked to handle increasing responsibilities without commensurate increases in budget or resources. A greater emphasis on shortening turnaround times also threatens the integrity of legal review. As “doing more with less” becomes a default expectation, legal departments that cannot find ways to…

Read More

What is the Future of AI in Contract Management?

In both subtle and overt ways, artificial intelligence (AI) reaches into our daily lives, and its expansion into contract management is no exception. To those who are not familiar with the trajectory of AI contract management, that can be a source of anxiety. But instead of seeing AI as a threat to the human element…

Read More

Contract AI analysis – Strongest Ally of Risk Management

Artificial Intelligence focused on contracts is the due diligence your contract data needs for highly efficient and effective risk management. Managing your contract data may be one of the most important steps to making your organization more resilient. Knowledge and clarity of your organization’s contract health improves your power to make adjustments during changing times.…

Read More

CLM in a Pandemic World: Recovering with Resilience and Strength through Contract Analytics (Part 3 of 3)

Data-driven companies have been more successful during these trying times. They treat data as an important corporate asset, derive insights from it and make decisions that improve their operations. The pandemic highlights the need for technology and a shift to digital is more critical than ever.  Better analytics lead to business innovation, a greater understanding…

Read More