🚀 Exciting things happening at the LegalOps conference, Running Legal Like A Business, in Vegas! TermScout founder and CEO, Otto Hanson, just wrapped up a panel on AI-assisted contract review where he shared insights on how AI is changing the game for legal teams, making contract reviews faster and more efficient. It was great to see so many people engaged with this hot topic alongside other expert speakers. With all the buzz around AI in legal, it’s clear that innovation is the name of the game. ✨#LegalOps #AI #ContractReview #RLLB2024
TermScout
Legal Services
Denver, Colorado 2,606 followers
Delivering daily doses of contract market data from the world's first and largest database of Verified IT contracts.
About us
TermScout is a Denver-based legal-tech company that helps businesses review contracts smarter and faster.
- Website
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http://www.termscout.com
External link for TermScout
- Industry
- Legal Services
- Company size
- 11-50 employees
- Headquarters
- Denver, Colorado
- Type
- Privately Held
- Founded
- 2018
- Specialties
- legaltech, contracts, privacy, clickthroughs, terms&conditions, EULAs, and Contract Ratings
Locations
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Primary
1550 17th St Suite 500
Denver, Colorado 80202, US
Employees at TermScout
Updates
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We're so proud of our customers and love shouting about their successes. TermScout has certified Eightfold.ai's Master Certification Agreement (MSA) as one of the most customer-favorable in the industry, ranking in the top 6% for customer favorability. The achievement not only sets a new standard for fairness in the talent management sector but also demonstrates Eightfold's dedication to building trust with customers and streamlining the negotiation process. Read the full story below. Want to prove the fairness of your contracts and accelerate your sales cycle? Learn more about Certify at TermScout.com. #legaltech #legalinnovation #lawtech #legalAI
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Excited to announce TermScout is sponsoring the LegalOps.com "Running Legal Like A Business" conference in Las Vegas from September 3-6! 🎉 Our founder and CEO, Otto Hanson 👨🚀, will be sharing valuable insights alongside Dina Traugot, Group General Counsel at Travelers, in their session "From Vendor Diligence to Success Metrics: Implementing AI in Vendor Contract Reviews" on Thursday, September 5th, 2-3pm PDT. This session is a must-attend for legal professionals looking to leverage AI for more efficient contract review processes. Don't miss this opportunity to learn from industry leaders and explore cutting-edge solutions. We're thrilled to be part of this annual event that brings together 700+ members of the legal ecosystem for learning, networking, and collaboration. See you in Vegas! #LegalOps #AI #ContractReview #LegalTech
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Exciting news from the world of customer-centric business practices! 🎉 Eightfold has joined the ranks of those prioritizing fairness and transparency in their customer relationships! They've achieved the prestigious 'Customer Favorable' certification from TermScout for their Master Subscription Agreement. Eightfold’s certification speaks volumes about their commitment to equitable risk allocation and customer trust. 🎖 By utilizing TermScout's Certify product, Eightfold has objectively demonstrated that their terms are free from common 'deal breaker' clauses, setting a new standard in the talent management industry. This proactive approach not only enhances customer confidence but also has the potential to streamline contract negotiations and accelerate deal closures. 🤝 This certification reflects a growing trend in the business world, where companies are leveraging legal tech to create more balanced and efficient relationships with their customers. It's a bold step that deserves recognition and sets a benchmark for others to follow. 👏 To explore the details of Eightfold’s customer-favorable terms, check out their Certified Contract Report and the full press release, both linked below. Let's celebrate Eightfold’s commitment to customer-favorable practices and their leadership in fostering trust and transparency in business relationships! 🎊 https://lnkd.in/eGJkYWeZ https://lnkd.in/emFK37S7 #LegalTech #TalentManagement #ContractCertification #PuttingTheCustomerFirst
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OneTrust sets a new standard in customer-centric business practices! They've taken a bold step by having their Master Terms of Service independently certified as 'Customer Favorable' by TermScout, a leading legal AI and contract analysis platform. 👏 Their certification underscores OneTrust's commitment to transparency and fairness in their customer relationships. By leveraging TermScout's Certify product, OneTrust has objectively demonstrated that their terms allocate risks equitably and avoid common 'deal breaker' clauses. 🕵♀️ OneTrust's proactive approach not only enhances customer trust but also streamlines the contract negotiation process, potentially accelerating deal closures. This move reflects a growing trend of using legal tech to create more balanced and efficient business relationships. 🤝 To explore the details of OneTrust's customer-favorable terms, check out their Certified Contract Report and the OneTrust Legal Center, both linked below. Let's applaud OneTrust for leading by example and setting a new benchmark in the industry! 🚀 https://lnkd.in/gVsWxnYF https://lnkd.in/gCGVdmTE
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TermScout reposted this
In the rapidly evolving world of artificial intelligence, large language models (LLMs) are revolutionizing the way legal professionals work and it's crucial to understand the data protection terms governing these powerful tools. Join us for an insightful webinar where lawyer and founder of Tech Contracts Academy, David Tollen, and CTO and AI practitioner, Evan Harris, will provide a comprehensive analysis of the current data protection terms for leading LLMs. Attendees will gain valuable insights into the distinction between data and content ownership when it comes to LLMs, intellectual property rights, and the overall impact of AI on the legal industry. Register now and equip yourself with the knowledge to navigate the legal complexities of LLMs with confidence. #legalAI #legaltech #lawtech #AI #FutureofLaw #AILaw #LegalTechnology
Protecting Your Contract Data in the Age of AI: What Lawyers Need to Know
www.linkedin.com
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Check out these new training options from David Tollen, Founder at Tech Contracts Academy, for legal teams looking to up-level their enterprise skills, especially with AI contracts. #legaltech #legalai
Friends, we have a new set of flexible options for enterprises – options to train the whole team on contracts for artificial intelligence, SaaS, on-premise software, and IT in general. Please check out our customized programs and other enterprise courses ... by clicking the link (not the image) below! https://lnkd.in/g29VNZTD
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We're excited to promote the new AI-powered Microsoft Word add-in by Screens, a game-changer for legal professionals looking to automate systematic and tedious tasks like contract review and redlining. By integrating advanced AI capabilities directly into Microsoft Word, Screens can significantly reduce time and effort, accelerate contract approvals, and improve business outcomes. Learn more and watch a short video on how it works...... https://hubs.la/Q02wpt9k0
Screens | Contract Review with Advanced AI
screens.ai
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TermScout reposted this
Here's how to review and redline a contract with ScreensAI in just a couple minutes. Last week I provided a comparison of leading LLM providers' commercial terms of service. Cohere had the most concerning contract, with language that plausibly allows them to use your input data to train their LLMs. This video shows how to use our product to mark up their contract and negotiate more favorable terms. If they made these changes, they'd be more comparable to other market leaders like OpenAI and Anthropic.