Blog

Avoid the “Redlining Tool” Trap: Why Redlining is Just the Start and How a Comprehensive CLM Changes Everything

In-house legal teams spend a great deal of time negotiating contracts. Whether it’s with brand new customers, customer renewals, vendors, employees or any other contractual relationship, negotiation is a vital part of the job. Naturally, this leads to a lot of redlining activity. And that means legal teams are often seeking a tech tool to simplify and shorten the redlining process.

Avoid the “Redlining Tool” Trap: Why Redlining is Just the Start and How a Comprehensive CLM Changes Everything Read More »

From Chatbots to Co-Pilots to Agents: The Real Power of AI Relies on Data Grounding 

Salesforce CEO Marc Benioff criticized current AI Copilots, likening them to the ineffective “Clippy.” He emphasized the importance of data grounding in accurate, organized enterprise data to transform AI effectiveness. At Pramata, we’ve learned there is a very specific way of doing this data grounding that will lead to huge wins for our customers—especially those who want to use AI to access the data from their contracts to perform sophisticated business analyses.

From Chatbots to Co-Pilots to Agents: The Real Power of AI Relies on Data Grounding  Read More »

The Truth About Heavy Lifting: How Pramata Delivers Where Other CLMs Fall Short

As an attorney who’s worked in CLM software for the last three years, I have a unique perspective on what goes into contract management from both the user and the technical sides. One thing I’ve seen over and over is software promising to make contract management easy for legal teams and other users, both when it comes to getting started and in terms of ongoing upkeep and use. I’ve also seen a pattern of most CLMs falling short of this pledge.

The Truth About Heavy Lifting: How Pramata Delivers Where Other CLMs Fall Short Read More »

How One VP of Legal Ops Wrangled Contract Chaos

Request, generate, negotiate, sign, review, analyze, and so on… In an ideal world, contract workflows should move like a well-oiled machine from pre-signature to final execution, renewals, and beyond. And, if they don’t, the consequences can range from employee burnout to revenue loss. In this quick story (anonymized to protect the innocent victims of contract chaos) one VP of Legal Operations got his company’s contracts under control with the help of Pramata.

How One VP of Legal Ops Wrangled Contract Chaos Read More »