Law Insider

SimpleAI now includes more than 50 expert-developed, data-informed negotiation playbooks covering the most commonly negotiated commercial agreements. Built in collaboration with the Law Insider Standards community, these playbooks give legal teams structured, configurable guidance directly inside Microsoft Word.

More than 50 expert-developed, data-informed negotiation playbooks are now available inside SimpleAI, our award-winning contract review and redlining software.

Welcome to the AI-powered contract revolution. 

In this episode of Future Contracts, Electra sits down with Marcia Narine Weldon—law professor and former GC/COO—to explore how legal education is evolving to meet the demands of modern in-house roles.

In this episode of Future Contracts, Electra sits down with Astrid Kohlmeier—lawyer, legal designer, and co-author of The Legal Design Book—to unpack how design thinking is reshaping legal systems from the inside out.

This tutorial shows how to use the Law Insider Word Add-In to draft missing clauses from scratch and instantly benchmark them using the Law Insider Index.

This tutorial shows how to use the Compare feature in the Law Insider Word Add-In to spot differences between a contract and a term sheet.

This quick tutorial demonstrates a powerful shortcut for legal professionals: using the Law Insider Word Add-In to instantly redline a contract to match a term sheet.

This tutorial explains how to preview and modify the rules within a standard playbook before using it to review a contract—ensuring the review reflects your own legal preferences.

This tutorial demonstrates how to change a rule in a playbook during an active contract review using the Law Insider Word Add-In. This flexibility allows legal professionals to adapt their playbooks in real time—without restarting the review process.

This tutorial walks you through how to create a new AI-powered playbook from scratch using the Law Insider Microsoft Word Add-In. Playbooks enable structured, automated contract review tailored to your team’s policies and preferences.

In this tutorial, we demonstrate how to use Law Insider’s standard and custom playbooks to review a real Master Services Agreement (MSA) directly within Microsoft Word using the Law Insider Add-In.

In this hands-on module, we demonstrate how to review a real Master Services Agreement (MSA) using the AI Review Tool inside the Law Insider Word Add-In. This walkthrough is perfect for legal professionals who want to speed up contract review, detect risks faster, and apply structured review standards—all without leaving Microsoft Word.

Welcome to Law Insider. This video tutorial walks you through how to get started with the Law Insider Microsoft Word Add-In—your AI-powered contract review assistant built directly into Word.

In this episode of Future Contracts, host Electra Japonas interviews legal transformation expert Jana Blount to explore the future of legal innovation, legal operations, and the role of AI in modern legal departments.

Electra Japonas sits down with Terra Potter, General Counsel at Dalberg, to explore how AI is reshaping the legal profession. They dive into how the role of lawyers is evolving—from risk spotters to strategic system designers—and why legal training needs a serious overhaul. It’s a fast-paced look at the future of legal work, what AI can (and can’t) do, and the human judgment that remains essential.

In this episode of Future Contracts, Electra talks with Darryl Chiang, Legal Director at Google, about how AI is changing contract review—and where it falls short. They dive into the operational challenges legal teams face, the value of standardization, and the need for smarter, simpler workflows.

In this episode of the Future Contracts Podcast, Electra Japonas sits down with Preston Clark—CEO of SimpleDocs and President of Law Insider—to talk about how legal workflows are shifting, why the CLM monolith is breaking apart, and what the future of contracting looks like from the trenches.

Award honors Miami Law 3L for excellence in client-focused contract drafting, negotiation, and real-world legal training.

Our comprehensive guide, "IP and Cloud Services Risk Analyzer," helps you pinpoint vulnerabilities and safeguard your company’s most critical intellectual property and data.

Part 2 of our series of ebooks on privacy policies. In it, author Shefali Lakhani shares what comes after the first draft. Learn how to make changes to a privacy policy, distribute it well, and use outside examples effectively.

Learn the basics of a Master Service Agreement (MSA) and download a template contract. This agreement facilitates ongoing services between two parties.

Learn the basics of a Purchase Agreement, a contract that facilitates the sale of of goods.

Learn the basics of the Data Processing Addendum (DPA), a document that governs the management of personal data in business relationships.

An NDA (non-disclosure agreement) is a confidentiality agreement and a binding contract in which one party agrees to provide sensitive information to another, with the latter agreeing not to share it with any outsiders. The agreement helps protect intellectual property (IP) and sensitive information by outlining that everything must remain private with zero release of any details to the public.

Contract repository software stores all contracts in a centralized location so companies maintain an efficient organization system. As per the American Bar Association, an average Fortune 1000 corporation oversees between 20,000 and 40,000 active contracts at any given time. At least 10% are lost, difficult to discover, or otherwise neglected or poorly maintained. In the past, originals and copies of paper documents were frequently stored in contract repositories. A contract repository is a solution that has several distinct benefits over other records management technologies. 

Following the best contract management practices helps you manage contracts and clients and accommodate their needs to draft fool-proof agreements. Here are some best practices to consider.

There are many types of commercial contracts that are signed among companies like NDAs, Employment Agreements, Settlement Agreements, and more. Commercial contracts legally bind all the parties involved and obligate them to perform their duties and meet the terms of the contract. Commercial agreements can be signed for commercial rental properties while hiring candidates or exchanging goods and services. Within a contract, everything is clearly stated, such as the cost, tenure, and what each party must do. 

Contract renewal strategy focuses on maximizing existing accounts instead of relying on new business for companies. When contracts are signed, a fixed duration is also stated. The contract is applicable only within this period, known as tenure. After the tenure ends, the agreement is null and void. If all parties are satisfied with the contract, they may renew the same agreement. While renewing the contract, the parties can also change the existing terms as needed.

Contract review automation technology examines and evaluates a contract's important clauses using artificial intelligence (AI) and machine learning. And by doing this, the automation software streamlines the contract review procedure, making it simpler than utilizing a human approach to screen contracts for mistakes and potential threats. 

A contract management strategy is a tool used by businesses for implementing and overseeing all stages of a contract to increase efficiency and decrease risk. Examining your contract management duration and finding areas for efficiency improvement is the first step in improving your contract management approach. 

Contract management organization is the extensive process of overseeing contracts, from their creation to their implementation by the selected person and the eventual termination of the agreement. Moreover, fundamental activities involve performance research against the contract provisions to improve functional and economic performance and to determine and reduce financial and reputational threats through non-compliance with contractual prerequisites. 

Contract management, also known as contract lifecycle management (CLM), is the comprehensive procedure of handling contracts, from creation to implementation and eventually to renewal or termination of the contract. Furthermore, fundamental activities incorporated in contract management comprise clause negotiation and contract drafting, maximizing functional and economic performance, and performance analysis and risk mitigation, both reputational and financial (e.g., business associations get sabotaged by defaulting on contract provisions).

An SOW (statement of work) is a contract between the contracting officer and the service provider. All the terms of the agreement are clearly stated in this contract. It is essential to both parties and helps protect and safeguard their rights. An SOW contract is often a part of the request proposal so that the exact terms of the agreement are highlighted and cleared out before starting the project. 

A secure contract repository is a place - online, in an office, or in an off-site storage facility - where all contracts and agreements are filed and stored securely. While in-office files are traditional, online private contract repositories run by professional contract management companies such as LawInsider are best for security and document retrieval.

Contract Lifecycle Management (CLM) is streamlining and automating contractual procedures. CLM software offers improved enterprise spending visibility, builds greater contract cycle efficiencies, and reduces administrative expenses. 

Contract analytics is the extensive procedure of evaluating and obtaining data from a business's contracts to improve risk governance. The data extracted from statutory records and paper documents are converted into an organized format using artificial intelligence and machine learning.

Automatic Renewal Clauses are contract clauses that automatically renew the contract after a specified period. If you want to stop using the product or service, you must contact the company and cancel your subscription before the original term expires. Otherwise, you will continue paying for another term, at the end of which, you will likely receive another renewal notice prompting you to renew your subscription again.

The process of contract management defines a company's relationships with its stakeholders, suppliers, partners, and customers. The most effective contract management builds strong ties and creates long-term benefits for your company. The success or failure of the organization depends on the contract management procedure that will direct the contracts throughout their lifecycle.

The contract process involves various stages and tasks to manage and organize the contracts that all companies need. A contract is a legally enforceable agreement between two or more parties and can be either verbal or written. Oral agreements are more difficult to uphold and should be avoided, however, specific contracts, such as those involving sizable sums of money, are legally binding.

A contract repository is a centralized database where an organization stores its contracts. It helps manage the contract portfolio by offering advanced capabilities to keep past and existing documents under a single platform. So, the repository becomes a rich storehouse of data from which the teams can access documents at any time without juggling between files and folders. 

Contract automation refers to the process of streamlining admin tasks, reducing business overhead, and providing an overview of all contracts. The technology-assisted process enables legal and non-legal teams of an organization to use software to draft and review contracts while saving the time of conducting the task manually and reducing errors and discrepancies.

Contract renewal is the final stage in a contract lifecycle where there is an extension of an existing contract for a new term. This stage comes when businesses decide after the end of an agreement and the parties decide if they would like to continue the business relationship.