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How Does AI for Contracts Work?
The capabilities of artificial intelligence (AI) have grown by leaps and bounds in recent years, and the technology is taking nearly every industry by storm. The legal industry is no exception, using it for everything from researching previous contract disputes to navigating other tedious contract-related processes — an area in which AI is proving particularly […]
Can Documents be Stored with Blockchain Technology?
Frequent cyberattacks signal that our data is unsafe from vicious attacks, and we need to safeguard it better. We need advanced technology to protect our documents and control how others access them. The solution is file storage on a blockchain, but is it possible to store documents safely with blockchain technology? Yes, but this answer alone […]
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Should You Sign a HIPAA Form?
In today’s world of cyber attacks and hacks, we have a lot of personal information to protect. While most of us think of our social security number or banking information when we think about sensitive information that we need to protect, there’s another category that you might overlook: your healthcare information. A privacy law is in […]
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How To Sign a Document Sent by Email
Nowadays, signing documents is a regular part of our lives, and technology has made it much easier to do so. After all, we need to sign documents for legal, accounting, and tax purposes, as well as to open a bank account, get a job, and obtain housing. When someone emails you a document, you generally […]
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Here’s How to Sign a Word Document on Android
Printing, scanning and resending documents is wasteful for the environment, time-consuming and worst of all, increasingly difficult in our digitized world. It’s faster and easier to create electronic signatures on our Android smartphones or other electronic devices. Printing and scanning to sign and send documents is a relic of the past. In this article, we’ll […]
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A Complete Guide to Contract Disputes
Contracts allow people and businesses to formalize agreements so everyone understands their legal obligations and benefits. However, even after all of the parties involved sign a contract, they sometimes disagree over definitions, terms, or conditions. These contract disputes make it hard to do business, slow down the delivery of goods or services, and even lead […]
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What Is an Executed Contract?
Business contracts are critical in many different aspects of operations. Contracts outline important details about relationships, exchanges of funds and services, legal requirements, timelines, and pricing. They reduce confusion and ensure all parties are on the same page. Contracts go through several stages before they’re complete. There’s the writing and drafting stage, and then the […]
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Everything You Should Know About Contract Lifecycle
Contracts play a key role in the business world. Partnerships and negotiations are built around legally binding contracts. But few contracts are designed to bind two people or entities forever. Most have contract expiry dates or other clauses that end them. Understanding the contract lifecycle process allows you to build an audit trail that your legal […]
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8 Types of Business Contracts
There are different types of business contracts. Knowing which one you need and when is important, so we’ve put together this guide to help. It covers eight different types of contracts and explains how and when to use each one. 1. Service Contracts Of the many different types of contracts in business, the service contract […]
