CASE STUDY: How MSD improves contract management with Legisway

published on Cloud technology, Computable Contracts, Contract Management, Entity Management, General Counsel

For companies operating several departmental databases, there is the prevalent issue of decentralized contract management whereby contract information is scattered around the buisiness. And should a potential investor come along or a merger take place, that issue becomes a big problem – especially for the legal department. This very well could have been the case for Elisabeth Hondius, legal head of biopharmaceutical company, MSD. She recalls how she used to have enough difficulty finding information as it was before her company merged with another. A familiar plight for in-house lawyers everywhere, she says many departments would manage their own contracts, giving her little insight and control.

Computational Law: the next logical step in the legal system?

published on Computable Contracts

On April 30th, CodeX – The Stanford Center for Legal Informatics hosted the third annual FutureLaw 2015 conference, which focuses on how technology is changing the landscape of the legal profession and law as a whole. The program brought together academics, entrepreneurs, lawyers, and policymakers at the forefront of the technological transformation in the industry

The origin of smart contracts

published on Computable Contracts, Contract Management

In 1997, Nick Szabo wrote a visionary article on smart contracts. Today, we are witnessing a revolution in the concept of contracts based on this work. Bitcoin, Ethereum and other cryptocurrencies are developing the next generation legal networks that will help us create smarter contracts.

Harm Bavinck on the expert panel at the IACCM conference

published on Computable Contracts

Our founder Harm Bavinck was last week on the expert panel at the annual conference of the IACCM. The topic was “5 Predictions for Procurement, Sales/Commercial, Contracting, Legal, BPO & Technology”.