Do I Eat My Own Dog Food?

It’s not particularly elegant, but the notion of eating your own dog food is a recognized metaphor in the tech world. Here’s how Wikipedia describes it: Eating your own dog food, also called dogfooding, is a slang term used to reference a scenario in which a company uses its own product to validate the quality […]

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Some Thoughts on “Bloomberg Law: Corporate Transactions”

Last week I noticed this post on Dewey B Strategic about Bloomberg BNA’s new product “Bloomberg Law: Corporate Transactions. (Gotta love the colon, which gives it an action-movie-sequel vibe.) For Bloomberg BNA’s own announcement, go here. I’ll let you find out for yourselves exactly what’s on offer, but here’s the gist of it, according to Bloomberg BNA: The new […]

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Change: Fast or Slow?

It’s clear what’s required to improve the contract-creation side of a company’s contract process: adopt a style guide for contract language, most likely by means of a “statement of style” (here) train your personnel in drafting and reviewing contracts consistent with the style guide overhaul your templates consistent with the style guide automate your templates, […]

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Is There a Downside to Automated Contract Creation?

If you think of yourself as a committed member of the digerati, The Glass Cage: Automation and Us, by Nicholas Carr, might give you pause. Carr shows that as much as automation enriches our lives, it can also impoverish. For example, he describes how all-encompassing flight automation appears to have resulted in a “deskilling” of pilots, leading to […]

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Is Contract Creation an Important Part of Your Contract Automation? Then Don’t Do It Using CLM Software

The contract process divides neatly into two parts: stuff that happens before a contract is signed, and stuff that happens after. I never get involved with what happens after signing, unless it has to do with amending a contract. But I try to keep informed, which is why I’ve sniffed around contract-lifecycle-management (CLM) software. See for example […]

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