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LinkSquares Launches MCP Connector, Bringing Agentic Contract Work to Anthropic's Claude
Learn how LinkSquares' new MCP connector empowers legal and business teams to create agreements, manage legal requests, and search their contract repository directly from Claude.
AI
LinkSquares Products
Legal Tech & Trends
LinkSquares Recognized as a 2026 Inc. Power Partner Award Winner for the Fourth Time
Learn why LinkSquares was recognized as an Inc. Power Partner.
AI
Sales Acceleration
Sales Contract Automation: Where Deals Stall — and How to Fix It
Sales contract automation moves deals from verbal yes to signed faster. See where contracts stall, what automation actually covers, and why predictability wins.
AI
Legal Tech & Trends
Enterprise Contract Management Software: What Actually Works at Scale
Enterprise contract management software only pays off with the right governance. See what these platforms actually do, where CLM rollouts fail, and how to buy.
AI
Legal Tech & Trends
Sales Acceleration
Security & Data Privacy
Fundraising and M&A
Earning Your Seat at the Table: Why Legal’s Biggest Barrier Isn’t Lawyering
In-house legal teams don't earn a seat at the leadership table by declaring it — they earn it by proving it. Learn how Legal becomes a true business driver. Read now!
AI
LinkSquares Products
Legal Tech & Trends
LinkSquares Transforms Enterprise-Wide Contract Workflow
New Workflow Builder Agent and Workflow Blueprints turn plain-language business requirements into sophisticated, customizable, and tightly-governed contract processes.
AI
Legal Tech & Trends
Agentic AI for Legal: What It Actually Changes in Practice
Agentic AI for legal teams plans, uses tools, and executes contract workflows end-to-end. See where it works today, the real risks, and how to evaluate it.
AI
LinkSquares Products
Legal Tech & Trends
What an AI Legal Assistant Actually Does for In-House Legal Teams
See how an AI legal assistant can support in-house legal teams by speeding up contract reviews, flagging risk, assisting in redlining, and searching your contract portfolio for key data points.
AI
LinkSquares Products
Legal Tech & Trends
The Million Dollar Reminder: Why Contract Renewal Notifications Belong at the Top of Every GC's Risk Checklist
Contract renewal management is risk management. See why the notice window—not the expiration date—is the real deadline, and how AI-powered CLM cuts renewal risk. Read now!
AI
Legal Tech & Trends
Legal’s AI Opportunity Is Bigger Than Efficiency: How legal can turn AI adoption into business influence
AI for legal teams isn't just about speed. See how in-house legal drives AI governance, adoption, and real business influence with judgment machines can't match.
Fundraising and M&A
M&A Due Diligence Software: Contract Review for Acquisitions
Discover how M&A due diligence software streamlines contract review for acquisitions. Identify risks, obligations, and opportunities faster.
AI
Legal Tech & Trends
Sales Acceleration
5 Ways Contract Intelligence Turns Legal into a Business Driver
Contract intelligence turns legal teams from reactive reviewers into proactive business drivers. See 5 ways AI helps you act on contract data. Read more.
Sales Acceleration
LinkSquares Names Lyle McCutcheon-Schour SVP of Revenue to Drive Agentic CLM Growth
Learn how he will drive the next phase of growth at LinkSquares
AI
Legal Tech & Trends
Legal Operations Software vs. CLM Software: What's the Difference?
Legal operations software manages the legal department's workload, budgets, and internal processes, while contract lifecycle management (CLM) software manages contracts themselves, from drafting through renewal. Both reduce manual work, but they solve different problems: one runs the department, the other runs the paper.
AI
Security & Data Privacy
How to Choose the Best Contract Repository Software
Learn how to evaluate contract repository software based on searchability, security, integrations, and scalability. Compare key features.
AI
Legal Tech & Trends
Contract Lifecycle Management for Procurement: Key Benefits & Use Cases
Explore the benefits of contract lifecycle management for procurement teams. Improve compliance, efficiency, and supplier relationships.
LinkSquares Ranks on the 2026 Inc. 5000 List of America’s Fastest-Growing Private Companies for 6th Straight Year
This recognition solidifies LinkSquares' position as a leading performer in one of the economy's most rapidly evolving sectors
What Is Agentic CLM? A Plain-English Guide for Every Team That Touches a Contract
The phrase agentic CLM recently is popping up in product launches, analyst reports, conference sessions, and vendor demos. Unfortunately, legal teams don't need another AI buzzword. They need a clear answer to a simple question: What is 'agentic CLM,' and why should anyone outside the legal department care? The short answer is that agentic contract lifecycle management (CLM) describes a new generation of contract software that can complete every step of the contract lifecycle short of final revi
Why Your Contract Repository Is Quietly Costing You Deals
Most contract repository conversations are stuck in 2018. The market still debates searchable storage, centralized documents, and audit trails. Those are solved problems. Every modern contract management platform should clear that bar. The real question has changed. A contract repository has one job: reduce the number of decisions people have to make manually. If your repository only answers questions after someone asks them, it has become a digital filing cabinet with better search. That's wher
AI
Sales Acceleration
Legal Tech & Trends
The 10-Step CLM Implementation Roadmap: Lessons From Real Rollouts
Avoid costly errors with this 10-step CLM implementation guide. We use real world lessons to show you the way. Read our tips for a smooth start.
AI
LinkSquares Products
What is Agentic CLM? A Guide by LinkSquares
Agentic CLM changes how you handle legal work. Find out how it uses AI to act on your behalf. Read the LinkSquares guide for a better way.
LinkSquares Advances Contract Intelligence with Rebuilt Smart OCR Engine
Improved document understanding helps organizations turn agreements into reliable business intelligence that supports stronger decisions, relationships, and outcomes
LinkSquares Named Decision Management Solution of the Year in 9th Annual AI Breakthrough Awards Program
The company and its new all-agentic CLM platform were recognized as an AI leader shaping the next era of global innovation
Legal Tech & Trends
Sales Acceleration
The GC’s Definitive Guide to Renewal Notification Platforms
The GC’s Definitive Guide to Renewal Notification Platforms
LinkSquares Products
Sales Acceleration
Contract Management Software for Obligation Tracking
In-House Insights - The 2026 Guide to Contract Management Software for Obligation Tracking
Legal Tech & Trends
Sales Acceleration
AI
7 Top Contract Management Platforms for AI Clause Detection
Compare the top contract management platforms for AI clause detection, payment term extraction, governing law clauses, accuracy, workflows, and integrations.
LinkSquares Announces General Availability of All-Agentic CLM Platform
LinkSquares expands access to its AI-native platform to help legal and business teams agree faster, move together, and put contract intelligence to work
10 Steps for Transactional Lawyers to Write Better AI Prompts
Most AI legal outputs aren’t wrong, they’re just not helpful. The AI isn't broken, but the prompts you're using to coax contract assistance out of a chatbot probably are. Here's how to write AI prompts to generate responses that actually move a deal forward.
LinkSquares Named a Leader in G2 Summer 2026 Grid® Reports for Contract Lifecycle Management
LinkSquares has been named a Leader in the G2 Summer 2026 Grid® Report for Contract Lifecycle Management (CLM) and the Mid-Market Grid® Report for Contract Lifecycle Management. The recognition marks another consecutive quarter of strong customer satisfaction and market momentum for LinkSquares.
Agentic AI for In-House Legal Teams: A SWOT Analysis of What Comes Next
The contract lifecycle management (CLM) market is in the middle of a structural shift. The first wave of AI gave legal teams faster drafting, quicker redlines, and more accessible research. The problem was, these AI improvements were bolted onto or operated separately from legacy platforms, limiting their ability to understand workflows, interact with business systems, or take meaningful action across the contract lifecycle. The next phase in this CLM evolution involves agentic AI, whereAI evolv
5 Prompts for In-House Legal Teams Who Are Done Getting Mediocre AI Output
Generative AI can do great legal work when we bring our analytical precision to the prompting. Lawyers are trained skeptics. When AI output is inconsistent, concluding that the tool isn’t ready for legal work isn't’ a failure of imagination, its professional judgment at work. The real questions isn’t whether AI is ready for Legal work, it’s whether the instructions we give to the AI are ready. Vague prompts produce vague output - this is not an AI problem. It’s a prompting problem, one attorneys
LinkSquares Recognized as a Strong Performer in 2026 Gartner Voice of the Customer Report
LinkSquares, the leader in agentic-first contract lifecycle management (CLM), today announced new customer-driven recognition in the 2026 Gartner Peer Insights™ Voice of the Customer for Contract Lifecycle Management report. This recognition is based entirely on verified customer feedback and we believe reflects how organizations are adopting, experiencing, and realizing value from modern CLM solutions.
LinkSquares Launches the First and Only All-Agentic CLM Platform, Automating Contract Management from Draft to Execution
New AI-native architecture transforms contract management by automating drafting, redlining and contract workflow in minutes, turning contracts into active drivers of business operations
Why LinkSquares Rebuilt Its Platform For an Agentic AI Era
For most of the past decade, contract lifecycle management has focused on one core objective: bringing structure to agreements scattered across inboxes, shared drives, and disconnected systems. That shift gave legal teams visibility into what they had signed, where risk existed, and how contracts shaped the business.
5 Rules for Smarter Contract Negotiations
Contract negotiations often carry a reputation for being slow, combative, and frustrating (just ask any sales representative). But in reality, the best negotiations are collaborative and, when done well, they accelerate business rather than slowing it down. (No, really.) In a recent episode of the LinkSquares podcast, LinkSquares Senior Director of Legal Ashlyn Donahue talked with author, professor, and negotiation expert Moshe Cohen about best practices for contract negotiation in the age of AI
How to Use Metrics to Showcase the Value of Your Legal Team
LinkSquares' Sr. Director of Legal, Ashlyn Donahue, participated in a recent webinar with Shawn Hoyt, commercial legal leader at OutSystems, to debate the best ways to use metrics to communicate the value of your legal team.
LinkSquares Recognized on the Financial Times Fastest Growing Companies in The Americas’ 2026 list
LinkSquares outpaces industry benchmarks for growth and innovation with proven results, earning a spot among the Americas’ most dynamic companies.
The Biggest Risk in 2026: AI ComplAIceny and How to Fight It
Trapped in a driverless car blocking a firetruck...
Best Contract Automation Software: 2026 Buyer’s Guide
In a modern enterprise, the contract lifecycle involves more than just the legal department. Sales needs to close deals fast. Procurement needs onboard vendors without friction. Finance needs accurate payment terms to forecast revenue. Yet, too many organizations still rely on email chains, local hard drives, and manual data entry to generate their most critical business documents. The solution is Automated Contract Creation, often referred to as Document Assembly Software. These tools enable bu
LinkSquares Ranks on the 2026 Inc. Regionals List of Fastest-Growing Private Companies in the Northeast for 4th Time
Recognition reaffirms LinkSquares as a top performer, with companies on the Inc. Regionals: Northeast list achieving a median growth rate of 73 percent.
5 Best AI Contract Redlining Software for Accuracy
Generative AI has a well-known reputation problem: hallucinations. In creative work, that can be a strength. In a contract, it’s a risk. For the modern enterprise, the stakes are high. Sales needs redlines fast to close the quarter. Procurement needs to enforce policy without slowing the business. Finance needs confidence that payment terms stay intact. The best AI contract redlining tools don’t just generate language. They operate with precision. They follow your playbooks, respect fallback pos
Why Legal Teams Should Reconsider a Homegrown CLM Solution
A lot of software industry pundits are screaming that the age-old build vs. buy software question has been turned on its head by new AI tools, since anyone can now vibe-code a custom enterprise app with just a few savvy ChatGPT prompts. This has led a lot of General Counsels and CFOs to ask: Why pay for a contract lifecycle management system when we can stitch together Google Drive folders, a few AI prompts, and maybe a workflow tool or two? The problem? You're creating a Frankenstein's Monster
LinkSquares CLM Earns Top Satisfaction Rating in G2 Spring Grid® Report for CLM
LinkSquares has been named a Leader in G2’s Spring 2026 Grid for Contract Lifecycle Management (CLM). G2, the world’s largest and most trusted software marketplace, awarded this distinction based on genuine user feedback from its CLM Grid Report. This marks the continuation of an impressive streak, as LinkSquares has secured Leader status every quarter for the past five years.
From Filing Cabinets to Superpowers: A Post-COVID Retrospective for Legal Teams
I remember the day vividly. It was early March 2020. Everyone was instructed to work remotely for the day, a relatively routine business continuity exercise to stress-test the work-from-home environment. My team didn’t think much of it, shifting meetings around to when we'd all be back in the office. I distinctly remember the hymn of the repetitive instant message saying, "Let's just review this in person tomorrow when we're back." Later that evening, the state of emergency notification came thr
Legal Tech & Trends
LinkSquares Products
Best Enterprise Contract Management Systems 2026
LinkSquares tops the best enterprise contract management systems with smart search and alerts. Handle thousands of contracts easily. Request a demo right away.
LinkSquares Featured in The Boston Globe’s list of New England’s Fastest Growing Companies 2026
We're proud to announce LinkSquares' inclusion in The Boston Globe’s 2nd annual list of New England‘s Fastest-Growing Companies ranking. This esteemed recognition, presented in collaboration with Statista, the leading global statistics portal and industry ranking provider, highlights LinkSquares' exceptional performance and growth.
LinkSquares is Now Integrated with Ramp: Unifying Legal and Financial Workflows
The path to compliant, efficient corporate spend is often fractured. In most organizations, the process of committing company funds requires a messy dance between Finance, Procurement, and Legal. Finance is focused on the budget, Procurement on the vendor relationship, and Legal on the contract risk and terms. Unfortunately, these three critical functions often operate in silos. Finance works within their financial management platform, while Legal is in their Contract Lifecycle Management (CLM)
Best Legal Workflow Automation Tools: The Complete 2026 Comparison
Eliminating the manual friction in contract cycles is why legal workflow automation has become essential for modern teams managing high-volume approvals and executions. The right platform uses conditional logic to route approvals automatically, empowering Sales, HR, and Procurement to handle standard agreements without creating bottlenecks. This guide compares five leading contract lifecycle management (CLM) platforms: LinkSquares, Ironclad, Conga, Juro, and DocuSign CLM. Each offers distinct st
CLM Workflows That Work: Getting Cross-Functional Buy-In
Rolling out a new contract lifecycle management (CLM) workflow is not just a Legal project, it’s a team effort across the org. Because of that, success relies on both the tool and the people implementing it. Securing cross‑functional buy‑in ensures that the workflow you launch is adopted, trusted, utilized, and championed across the organization. I implemented LinkSquares at Zywave five years ago, and since then I have rolled out a full suite ofworkflows, ranging from company-wide to single depa
LinkSquares Appoints Bill Hewitt as Interim CEO
Veteran SaaS Executive Steps in to Lead Next Phase of Growth for the AI-powered CLM LinkSquares, the leader in AI-powered Contract Lifecycle Management (CLM) solutions, today announced the appointment of Bill Hewitt as Interim Chief Executive Officer, effective immediately. Hewitt brings decades of experience leading high-growth software companies. He previously served as Interim CEO of Wagepoint, MindBridge Analytics, and as President and CEO of Aternity. Earlier in his career, he was President
Best Contract Analytics & Post-Signature Software 2026
A common misconception in business is that the job is done once the contract is signed. For years, organizations have treated the signature page as the finish line. The legal team drafts the document, negotiations conclude, signatures are exchanged, and everyone celebrates. The PDF is filed away in a digital folder, and the team moves on to the next deal in the pipeline. In reality, once that PDF is filed away it contains valuable data that the organization can further leverage, as well as futur
5 Tips for a Successful CLM Implementation
Implementing a new Contract Lifecycle Management (CLM) system can feel like a monumental task. It’s a delicate balance of people, processes, and technology. When things go wrong, it's easy to blame the tech. But often, the root cause lies in human elements like planning and communication. We recently hosted a webinar with legal experts Ashlyn Donahue, Senior Director of Legal at LinkSquares, and Katie Nagel, Assistant General Counsel at Accession Risk Management, to uncover the secrets behind a
How Legal Teams Can Use Data to Drive Business Impact
Legal teams are often seen as necessary, but not strategic; busy, but not influential; helpful, but hard to quantify. That perception isn't a reflection of the work legal teams are doing. It is a reflection of how that work is measured and communicated. Two recent LinkSquares webinars, Tracking and Presenting Data That Compels and Measuring and Communicating the Organizational Value of Your Legal Team, focused on a simple idea: legal data already contains powerful insights; the challenge is turn
Proving AI ROI: How to Drive Business Value with LinkSquares
The Question Every In-House Legal Team Is Getting (Yes, That One) As Director of Legal Operations at PDI Technologies, Inc., I oversee the full contract lifecycle for a global technology company serving the convenience retail and energy ecosystem. My team operates at the intersection of speed, scale, and risk, which means we’re expected to move fast and get it right. As AI adoption accelerates across industries, a familiar question from leadership teams keeps coming up: “How are you using AI, an
LinkSquares Earns Spot on G2’s 2026 Best Software Awards for Best Sales Software Product
We're excited to have been named to G2’s 2026 Best Software Awards, placing #38 on the Best Sales Software Product list. As the world’s largest and most trusted software marketplace, G2 reaches over 100 million buyers annually. Its annual Best Software Awards rank the world’s best software companies and products based on authentic, timely reviews from real users. The recognition in G2’s 2026 Best Software Awards validates our mission to give our customers the clarity and speed they need to aut
2026 Checklist for Effective Contract Management Resolutions
We won’t let you abandon your New Year’s resolutions… the real work begins now. Most companies use the start of a new year as an excuse to revisit their policies and procedures, and the legal team is no exception (not least because they are usually one of the departments driving the practice). To help legal lead by example, we've drummed up this checklist of contract management "resolutions" to help you get your legal house in order: Audit existing contracts Set clear, measurable goals Leverage
5 Predictions for Contract Trends and CLM in 2026
LinkSquares gathered our own legal department leaders and put them on the record for their expectations for legal technology in 2026. How much will artificial intelligence transform in-house legal work in the coming year -- and how much of the current AI contracts hype is premature or outright overblown? The result was a set of five clear expert predictions for CLM and legal AI for 2026. You can read a summarized breakdown below, including quotes from our seasoned legal ops managers and expert i
Introducing Restated Agreements
As contracts evolve and amendments accumulate, key terms become buried across scattered files. If you’ve spent any time in legal, procurement, or finance, you know the pain of the "Frankenstein contract." You start with a pristine Master Services Agreement (MSA) from 2018. It’s clean. It’s logical. But then business happens. Pricing changes, scope creeps, timing changes, and before you know it, that original document is buried under a mountain of addendums, side letters, and amendments.
Legal Teams Guide to Using LLMs Effectively
Large language models (LLMs) have quickly become essential tools for legal teams, transforming how contracts are analyzed, key language is surfaced, and research is conducted. It's like having a junior associate always on hand who never sleeps, never complains, and never fails to follow the ABA style guide. Unfortunately, LLMs have all the same risks as greenhorn legal assistants, but at the speed and scale of software. To use LLMs effectively, attorneys need to understand what LLMs are, how the
LinkSquares 2025 Year in Review
As we close the chapter on 2025, it’s time to take a moment for reflection. For LinkSquares, 2025 was a year defined by relentless innovation, significant growth, and an unwavering commitment to our customers. We pushed the boundaries of what's possible in contract lifecycle management (CLM), solidifying our position as a leader in AI-driven legal technology. From prestigious awards to groundbreaking product enhancements, this year has been nothing short of remarkable.
LinkSquares CLM Earns Top Satisfaction Rating | G2 Winter Grid® Report for CLM
We're proud to announce our recognition as a Leader in G2’s Winter 2026 Grid for Contract Lifecycle Management (CLM). G2, the world’s largest and most trusted software marketplace, awarded this distinction based on genuine user feedback from its CLM Grid Report. This marks the continuation of an impressive streak, as LinkSquares has secured Leader status every quarter for the past five years.
Stronger Contracts = Easier Negotiations (and How the Right CLM Changes Everything)
Strong negotiations are built long before anyone sits down at the table. They begin in the contract creation process from the structure, the clarity, the organization, and the way the legal team prepares. After a decade of leading negotiations as a General Counsel, I’ve learned that the contract itself can accelerate a deal or drag it out. The best negotiators argue well and prepare well.
LinkSquares Named Top 50 Software Company of 2025
LinkSquares receives top software company recognition in 2025 for its overall contributions to the software industry's growth and expertise in the contract lifecycle management (CLM) market.
A Letter From Our CCO
I’m Kellie Snyder, and as the new Chief Customer Officer at LinkSquares, I’m honored to work with our customers and our product to reach new heights in CLM. With my first 90 days now complete, it is hard to believe we are also quickly approaching the end of 2025. Before we charge ahead into the holiday season and 2026, I’d like to take a moment to reflect on this last year and share a few things I find most compelling about LinkSquares. My conversations over the last three months with customers
LinkSquares Ranked 235th Fastest-Growing Company in North America on the 2025 Deloitte Technology Fast 500™
Attributes 346% Revenue Growth to expanded platform capabilities and continued trust from customer base.
LinkSquares Named “Contract Management Company of the Year” By LegalTech Breakthrough
The prestigious annual awards program recognizes companies and products driving innovation in the global legal tech industry.
Beyond the Fire Drill: What Procurement Really Needs to Survive Supply Chain Disruption
The expectation now is that procurement will absorb every new shock: scramble for alternate suppliers, renegotiate costs on the fly, smooth over late deliveries, manage compliance risk, and still deliver savings. We’ve quietly decided this is sustainable. It’s not. I’ve watched talented sourcing professionals — people with deep expertise and impossible workloads — burn out. Not because they weren’t good enough, but because the structure around them was built for yesterday’s business, not today’s
LinkSquares Recognized as a 2025 Inc. Power Partner Award Winner
We are proud to announce our recognition in the Inc. Power Partner Awards. The prestigious list honors B2B organizations that have proven track records offering a best-in-class product or service that help other businesses grow and succeed.
“Tariff nonsense”: How this LinkSquares CSM is helping guide this pharma company and their contracts through new tariffs
The pharmaceutical industry is no stranger to complex regulations, but recent tariff policies have added another layer of complexity and urgency, leading to a significant increase in required documentation and resulting action. One LinkSquares pharma customer, dealing with drug products, clinical trials, and regulatory compliance, including importing chemical reference standards and managing observational studies, is experiencing the tariff pivot in real time. They're facing a surge in amendment
The Legal Trapdoor in Supply Chain Disruption (And How to Close It)
Not All Disasters Are Loud
The CLO of the Future: How to Amplify Your Voice in the Boardroom
Many chief legal officers (CLOs) know the drill: your small legal team gets looped in after key decisions are made, are asked to cram your process into unrealistic timelines, and then gets blamed for slowing things down. When legal is brought in late, treated like a bottleneck, and expected to deliver under pressure, the problem isn’t your team. It’s how the business sees your role. You’re left playing catch-up, trying to prove your value in an environment that doesn’t set you up for success. Fo
New Independent Study Finds LinkSquares’ CLM Delivered 360% ROI
We're excited to announce the findings of a new Total Economic Impact™ (TEI) study that examined the potential return on investment (ROI) enterprises may realize by deploying the LinkSquares contract lifecycle management (CLM) platform. The commissioned study, conducted by Forrester Consulting on behalf of LinkSquares, found that a composite organization, representative of interviewed customers, achieved a 360% ROI over three years.
Unlocking Deal Velocity: The Essential Sales and Legal Alliance
Sales and Legal often exist at opposite sides of an organization, but contracts are where they intersect. Each arrives at this shared touchpoint with different techniques, but the same goal: to win. Yet, the passion and heated deadlines of sales don’t always mix well with the reverence and attention-to-detail of Legal. The resulting roadblocks increase the tension between these winning teams while weakening negotiations and losing deals. But it doesn’t have to be this way. When properly aligned,
What to expect in the first 90 days of adopting a CLM
When it comes to implementing Contract Lifecycle Management (CLM), success starts on day one – or at least it should. With any AI-powered tool, you get what you give. And the onboarding process sets the tone for adoption, user confidence, and the return on your investment. Unfortunately, many organizations learn the hard way that some providers rely on slow, clunky, or third-party-led onboarding processes that leave teams frustrated and behind schedule. At LinkSquares, we have spent more than a
Choosing the Right CLM: Why Companies Choose LinkSquares over Docusign CLM and Ironclad
Managing contracts effectively has become more critical than ever. Missed renewals, redundancies, or even legal violations can quickly become costly setbacks for businesses. As today’s business environment demands greater automation, compliance, and visibility, many organizations are re-evaluating their contract management strategies. Modern contract lifecycle management (CLM) has evolved beyond basic e-signatures and document storage to include intelligent automation, robust compliance monitori
LinkSquares Ranked #1 in G2 Fall 2025 Grid Report
LinkSquares has officially ranked #1 in G2's Fall Mid-Market Grid® Report for CLM and has been named a Leader in G2's Fall Grid® Report for Contract Lifecycle Management (CLM).
10 Questions to ask your Contract Lifecycle Management (CLM) provider before you buy
Choosing the right Contract Lifecycle Management (CLM) solution is a powerful technology decision. Contracts are the source of truth at the heart of business, governing revenue, vendor relationships, compliance obligations, and risk exposure. Yet too many companies still rely on outdated, manual processes or legacy tools that create contract bottlenecks instead of removing them.
Lower Operation Costs with Contract Lifecycle Management (CLM)
The real question isn’t whether operational costs are rising. It’s whether you know where they’re coming from and what you can do about them. For many organizations, contract lifecycle management is a cost center hiding in plain sight. Every inefficient drafting and approval workflow, every missed obligation, and every manual clause review adds friction to your business. That friction has a price. Fortunately, modern AI-driven contract lifecycle management (CLM) software is changing the game. By
LinkSquares Risk Scoring Agent Best Practices: How to Get the Most Out of Your AI-Powered Risk Management
When we introduced the LinkSquares Risk Scoring Agent and Risk Scoring Dashboards, the goal was simple: help legal teams quickly identify, quantify, and prioritize contract risk at scale. But like any powerful tool, your results will depend on how you set it up and how you use it. Based on feedback from early adopters and guidance from our Analyze and Finalize Knowledge Base resources, we’ve put together this best practices guide and FAQ to help you get the most value from your investment so you
LinkSquares Appoints Kellie Snyder as Chief Customer Officer
Seasoned Customer Success Executive Joins LinkSquares to Further Elevate Customer Relationships and Experience LinkSquares, the leader in AI-powered Contract Lifecycle Management (CLM) solutions, proudly announces the appointment of Kellie Snyder as Chief Customer Officer. Snyder brings exceptional global leadership experience and a proven track record of scaling customer success organizations to drive customer value, retention and financial growth.
Smarter, Faster, Safer: How LinkSquares Risk Scoring Agent and Dashboards Are Changing Contract Risk Management
“Risky business” is redundant: all business is risky. And the contract risk that comes with it may be the single biggest problem that corporate counsels are hired to eliminate -- and often the most time-consuming to deal with. That’s why we developed the LinkSquares Risk Scoring Agent, an AI-powered assistant that automates the identification and scoring of contractual risks across your legal agreements. When the stakes are this high, these teams are deserving and in need of the right tools.
The New Essential Metrics for Chief Legal Officers (CLOs) & their teams
You don’t have to tell us the business value of legal teams… the LinkSquares platform has been objectively monitoring and measuring the impact of legal teams for the last decade. But your cross-departmental allies and C-suite may have a murkier vision of legal’s contribution to the bottom line. The pressure is real, and it's rising. Legal departments are facing budget cuts, demand for faster turnaround times, and increased scrutiny from executives more frequently. The question isn't just, “What
LinkSquares Ranks on the 2025 Inc. 5000 List of America’s Fastest-Growing Private Companies for 5th Straight Year
Recognition reaffirms LinkSquares as a top performer within the economy’s most dynamic segment
LinkSquares Strengthens Global Leadership Team with New VP of Sales for Next Phase of Growth in AI-powered Contract Lifecycle Management
International Sales Executive Brings Enterprise-level Growth Experience to LinkSquares.
How to Cut Contract Renewal Risk with AI
Contract renewal management often feels like high-stakes hide-and-seek, except the “hidden” items are deadlines, savings, and clarity. Missed emails, complex contract language, and sneaky auto-renewals can derail even the best teams. If last-minute rushes and budget surprises sound familiar, AI-powered contract management can help you take control of renewals and turn them into a strategic advantage.
Why Contract Teams Fail to Innovate (And How to Fix It)
Contract teams face mounting pressure to deliver faster results while maintaining accuracy and compliance. Yet many remain stuck in outdated processes, drowning in manual tasks, taking away valuable time that can be spent on more business-critical projects. The gap between high-performing teams managing contracts and those struggling to keep up isn't just about resources,it's about embracing innovation.
What is LinkSquares CLM? Contract management software, simplified
Contracts are more than documents -- they’re operational commitments, revenue drivers, and risk vectors. But as organizations grow, managing those contracts gets exponentially more complex. Missed deadlines, unclear obligations, and manual processes don’t just slow your team down -- they introduce real risk.
LinkSquares CLM Earns Top Satisfaction Rating of 98% Approval | G2 Summer Grid® Report for CLM
We're thrilled to announce that LinkSquares has officially ranked #1 in G2's Summer Mid-Market Grid® Report for CLM and has been named a Leader in G2's Summer Grid® Report for Contract Lifecycle Management (CLM).
LinkSquares Unveils Executive Insights Dashboard, Transforming Contract Data into Strategic Business Intelligence
Interactive dashboards track cumulative savings, identify risk, and quantify performance
LinkSquares named “Decision Management Company of the Year” in 2025 AI Breakthrough Awards Program
Prestigious International Awards Program Honors Standout AI Companies & Solutions
LinkSquares Launches AI-Powered Risk Scoring Agent to Automate Contract Risk Management
Automated risk assessment tool eliminates hours of manual reviews, accelerates approvals, and delivers instant risk visibility across contract portfolios.
LinkSquares Recognized for Contract Lifecycle Management Capabilities Based on Customer Feedback
LinkSquares, a leader in AI-powered contract lifecycle management (CLM) technology, today announced several new industry and customer recognitions from organizations and independent research firms including G2, Gartner Peer Insights™, and Forrester. These recognitions are based on direct customer outcomes and input — as well as in-depth analysis across leading contract lifecycle management providers and product capabilities.
LinkSquares Announces Autonomous Agents to Proactively Manage Contract Insights and Reduce Risk
Powered by LinkAI, the new solution will automatically identify risk, renewals, and compliance issues, delivering proactive insights with zero setup or prompting
The Cost of Delaying Legal AI Adoption
Legal teams are notoriously slow adopters of new technology. Lawyers are trained to minimize risk, and many, if not most, legal professionals consider cutting-edge tech like artificial intelligence too risky to adopt.
LinkSquares Recognized as Top 25 AI Company of 2025
LinkSquares receives top AI company recognition in 2025 for overall contributions to AI growth and expertise in the contract lifecycle management (CLM) market.
LinkSquares CLM Earns Top Satisfaction Rating of 98% Approval | G2 Spring Grid® Report for CLM
We're thrilled to announce that LinkSquares has officially ranked #1 in G2's Spring Mid-Market Grid® Report for CLM and has been named a Leader in G2's Spring Grid® Report for Contract Lifecycle Management (CLM).
LinkSquares Announces Agentic AI for Contract Management, Unveiling New Capabilities with Conversational Interface
We are proud to announce a new agentic AI architecture and conversational interface, powered by LinkAI, to reimagine the way AI enhances the end-to-end contracting experience. LinkSquares, the leader in AI-powered contract lifecycle management (CLM) technology, is transforming how businesses manage their contracts. With LinkAI’s agentic framework, teams across legal, sales, finance, and procurement can seamlessly engage with contracts, bringing greater clarity and efficiency to every aspect of t
5 Rules (and Examples) for Writing Effective Generative AI Prompts
Generative AI tools like ChatGPT, Claude, and Gemini have the potential to dramatically boost productivity -- even for highly specialized professionals like legal and contract operations teams. But the value you get from AI depends on how clearly you communicate with it. Effective AI prompts are the difference between vague, generic responses and outputs that are accurate, actionable, and useful in real legal workflows.
5 Ways AI Saves Time on Contracting
Contracts are the foundation of business relationships, governing everything from vendor agreements to partnerships and regulatory compliance. Yet, managing contracts efficiently remains one of legal teams’ most time-consuming and resource-intensive responsibilities. From drafting and reviewing to negotiating and ensuring compliance, these processes often involve repetitive tasks, version control issues, and manual oversight, all of which slow down deal cycles and introduce risk.
Why Smarter Contracts Create Stronger Partnerships
In today’s fast-paced business landscape, partnerships are more than just transactional agreements—they are strategic alliances that require trust, accountability, and efficiency to thrive. Yet, many organizations still rely on manual contracting processes, decentralized documentation, and inconsistent terms, which can lead to miscommunications, compliance risks, operational inefficiencies, and disputes. Without clear visibility into obligations, streamlined negotiations, and proactive risk mana
LinkSquares Recognized as a Strong Performer in The Forrester Wave™: Contract Lifecycle Management Platforms, Q1 2025
LinkSquares is excited to share that we were among the select companies Forrester invited to participate in The Forrester Wave™: Contract Lifecycle Management Platforms, Q1 2025 report. LinkSquares has been recognized as a Strong Performer in this evaluation of contract lifecycle management (CLM) solutions.
Memo: New Tariffs Target Chinese, Canadian, and Mexican Imports
*Key updates, as of March 6, 2025, to President Trump’s February 1 Tariff Executive Order.
AI
Legal Tech & Trends
LinkSquares Products
Sales Acceleration
The Best 2026 AI Contract Review Software: A Comparison Guide
Help your team streamline legal operations with AI technology, automating contract management and document review for faster, better results.
AI
Legal Tech & Trends
LinkSquares Products
Best Contract Management Software 2026: Top CLM Platforms Compared
Help your team streamline legal operations with AI technology, automating contract management and document review for faster, better results.
LinkSquares Strengthens Commitment to Transforming Contract Management with AI Engine, LinkAI
LinkAI delivers leading accuracy, insights, and speed to customers across every stage of the contracting process
The Evolution of AI in SaaS
Enterprise software is headed for an exciting transformation. In the past, shifts like moving to service-oriented architectures and automating workflows paved the way for progress. Now, with the rise of AI technologies, we’re seeing a new level of innovation—changing how software delivers value in powerful ways. Organizations that understand this evolution and embrace AI-first architectures position themselves to:
LinkSquares Announces Leadership Transition: Co-Founder Chris Combs Steps in as Interim CEO
LinkSquares announced today an important transition in leadership at the company. Co-founder and Chief Business Officer Chris Combs has been appointed Interim CEO, taking the helm to drive the company forward in its next phase of growth and innovation.
Memo: New Executive Order Launches 10-to-1 Deregulation Initiative
Date issued: January 31, 2025
Memo: President Trump’s Executive Order Rescinding DEI Programs
Date Issued: January 20, 2025Government Next Steps: Federal agencies will remove Diversity Equity and Inclusion (“DEI”) requirements from contracts and agency policies within 90 days, and all DEI offices and positions shall be terminated within 60 days.Anticipated Outcomes: Increased scrutiny of corporate DEI programs, potential lawsuits from affected employees, and shifting state-level regulations.1
How Contract Dates Drive Strategic Decision-Making
When it comes to contracts, dates aren’t just numbers on a calendar—they’re the backbone of smart decision-making. Key dates like termination, effective, and renewal dates shape how businesses plan, collaborate, and keep things running smoothly. By keeping track of these dates, your company can stay ahead, align teams, and make more proactive decisions. Let’s dive into why contract dates matter and how the right legal tech makes it easy to leverage them for increased efficiency.
How AI Improves the Efficiency of Everyday Tasks
Legal teams have long relied on manual processes for contract management, compliance tracking, and risk assessment. These traditional workflows are time-consuming and prone to error. They also create unnecessary bottlenecks that slow down business operations. As the demands on legal departments grow, many legal professionals are turning to artificial intelligence (AI) to streamline tasks and reduce routine, manual work so they can focus on more strategic matters. Below, we explore five ways AI i
Streamline Contract Workflow and Accelerate Sales Deals
In-house legal teams are often accused of being "blockers" or "bottlenecks" in the sales cycle. Streamlining your contract workflow without abdicating your duty of risk mitigation can be challenging, but the right tools and techniques can actually square this circle. Here are practical tips for in-house legal teams looking to accelerate sales deals through improved contract management.
The Hidden Costs of Legal Ops Inefficiency (And How to Address Them)
Legal departments are expected to deliver results quickly, ensure compliance, and provide strategic insights—all while keeping costs under control. However, inefficient workflows, manual processes, and outdated systems create hidden costs that can drain resources, delay deals, and increase legal risk.
10 Efficiency Hacks for Legal Teams (To Implement Today)
Legal teams are stretched thin, often juggling increasing demands with limited resources. Finding smarter, more efficient ways to work is now essential. Whether managing contracts, handling compliance matters, or providing strategic counsel, the demand for speed and precision has never been greater. However, traditional legal workflows—characterized by manual processes, siloed communication, and document-heavy tasks—often slow teams down, leading to missed deadlines, increased costs, and unneces
10 Contract Terms to Track in 2025
Your organization’s contracts are a treasure trove of useful data, but without the right tech, it can be hard to find the information you need when you need it. For LinkSquares customers, that's where Smart Values come in: key pieces of contract data extracted by AI that break your contracts down into reportable information. So, which contract terms are the most important for your team to track? We crunched the numbers and uncovered the top 10 Smart Values that are most commonly added to saved r
3 Tips to Set Your Team Up for Success in 2025
The workload for in-house legal teams continues to grow, bringing increased complexity and pressure to deliver results efficiently. From navigating evolving regulatory and compliance requirements to managing high volumes of contract reviews, the demands on in-house legal teams are higher than ever. Now is the time to consider the functional measures you can put into place to scale the legal team’s support of the business. Whether it's implementing (or changing) workflows or processes, or leverag
LinkSquares Products
Legal Tech & Trends
How to Manage Vendor Contracts
Effective vendor contract management is key to protecting business interests and building strong supplier relationships. Learn strategies for success.
Embracing AI in the Contract Management Process
In our 2025 industry forecast, LinkSquares surveyed over 150 legal professionals to explore the key legal trends and insights for 2025 that will shape the future of the legal landscape. This blog delves into one of the standout legal tech trends uncovered: the evolving role of AI in contract management and its growing impact on businesses.
AI
Legal Tech & Trends
How is AI Used in Legal Technology?
Help your team streamline legal operations with AI technology, automating contract management and document review for faster, better results.
LinkSquares Products
Legal Tech & Trends
What Is Legal Project Management?
LinkSquares' legal project management centralizes, automates & manages your in-house legal team's work, helping juggle the complexities of your roles with ease.
LinkSquares Products
Legal Tech & Trends
What is Contract Analytics: Everything You Need to Know
What is Contract analytics? Contract Analytics is vital to keeping your finger on legal agreements that your company drafts and enters into.
Know the Difference: Vendor vs. Supplier Contracts
When it comes to contract management, the terms vendor and supplier are often used interchangeably. However, they refer to distinct types of relationships and contracts. While both involve third-party agreements for the provision of goods or services, understanding the subtle differences between vendor contracts and supplier contracts is crucial in efficient contract management. When it comes to contract management, the distinction between vendor vs supplier is often overlooked. While the terms
6 Reasons Why Contract Management is Business Critical
Contract management plays a key role in today’s business world, directly impacting a company’s success. But why is it so important? Let’s break it down. Using contract management solutions can make a big difference in how businesses operate, helping them save time, reduce risks, and improve efficiency. In this guide, we’ll explore how these tools can benefit your business and why they’ve become essential.
LinkSquares 2024 in Review
Happy Holidays from all of us at LinkSquares! As the year winds down, we hope you take some well-deserved time to recharge and reflect. We’re so grateful for everything we’ve accomplished together this year, and can’t wait to see what we’ll achieve in the new year.In 2024, an impressive 1,200 teams took their collaboration to the next level by partnering with LinkSquares. These teams unlocked their full potential, streamlined their workflows, and built stronger, more efficient partnerships.
How CLM Supports Key Stakeholders in the Vendor Management Process
When it comes to vendor management, not all stakeholders wear the same hat. Whether you’re the CFO, CLO, general counsel, VP of vendor relations, or CPO, your responsibilities will look a little different. Understanding your role in the vendor management process and learning how to leverage CLM systems is essential.
5 Steps to Calculate Contract Management ROI
Integrating a contract management solution into your organization can significantly shorten deal cycles, enhance efficiency, and lighten your workload. However, before selecting a solution, organizations need a clear way to calculate contract management ROI and determine whether the investment delivers measurable value. Understanding the return on investment of contract management software allows legal, procurement, and finance leaders to justify spend, forecast impact, and choose the right plat
A Blueprint for Successfully Implementing a Contract Management Solution
Successfully implementing a contract management system to improve your daily tasks can be transformative for your department and business. But pulling it off takes careful planning and flawless execution—no shortcuts here! This blog will guide you through the key steps you need to undertake for a successful contract management software implementation.
Legal Tech & Trends
LinkSquares Products
What Is Legal Operations?
Learn about legal operations core competencies, how they drive efficiency for the business, and the role of technology in legal ops success.
9 Key Contract Management Software Features
Every business needs a system to better manage contracts, streamline processes, enhance efficiency, and minimize risks. Let's dive into the key contract management software features that can elevate your organization's performance.
LinkSquares Appoints Biju Muduli as New Chief Marketing Officer
LinkSquares is excited to announce the appointment of Biju Muduli as its chief marketing officer (CMO). Biju brings more than 20 years of global marketing experience from leading-edge technology companies. Her proven ability to align product, sales, and marketing functions has consistently driven revenue growth and enhanced market presence.
6 Common Types of Vendor Contracts
Vendor contracts come in many forms, each serving different purposes depending on the nature of the goods or services being provided, the business objectives, and the relationship between the buyer and supplier. Regardless of whether you work in procurement, legal, finance, or operations, understanding the most common types of vendor contracts plays a critical role in improving your overall vendor management process. To effectively navigate the complexities of vendor relationships, it's crucial
LinkSquares Ranked #174 Fastest-Growing Company in North America
LinkSquares receives continued recognition in 2024 for exceptional growth, innovation, commitment to customers, and customer-first approach to generative AI.
How to Give Back This Holiday Season
Thanksgiving is not just the pit stop two-thirds of the way through Q4. It’s a time to reflect, especially after a year that’s gone by in the blink of an eye. If your team weathered the storm and came out safely and stronger, Thanksgiving is the time to show your gratitude.
6 Privacy and Security Tips for Legal and IT
Legal professionals are custodians of highly sensitive information. From vendor confidentiality to regulatory compliance, the stakes are high when it comes to safeguarding data. But where should you even start when navigating this maze of modern privacy and security challenges?
LinkSquares named “Contract Management Solution Provider Of The Year” in LegalTech Breakthroughs’ 2024 Awards Program
Prestigious Annual Awards Program Recognizes Companies and Products Driving Innovation in the Global Legal Industry
Tips for Tracking Topline Metrics
For business leaders, topline metrics are primary indicators of performance. They demand attention and ensure everyone understands the current status. But what are topline metrics, exactly? And why should legal professionals and business partners focus on these figures?
Legal Efficiency Hacks: How Contract Repositories Enhance Legal Team Performance
Efficiency is vital for legal teams to meet tight deadlines and ensure smooth operations. In this blog, we’ll explore how contract repositories can significantly improve legal efficiency, helping legal teams become better business partners by aligning their support with organizational goals.
7 Metrics Every Legal Professional Needs to Know
Whether you're an experienced professional or a recent law school graduate, data plays a crucial role in shaping strategy, collaborating with business leaders, and establishing your personal brand as a trusted partner.
Mastering Vendor Management for Legal Teams
Legal teams are expected to juggle numerous tasks – from contract drafting to compliance monitoring. One crucial aspect that often gets overlooked is vendor management. This vital process ensures that legal teams can enable their organization to work efficiently with external service providers while minimizing risks and maintaining compliance. In this blog post, we will explore the significance of vendor management for legal teams and provide invaluable insights into leveraging AI-powered soluti
AI Laws to Watch: Part 1
Recent surveys show that legal teams plan to spend big on GenAI next year, despite the fact that many jurisdictions (notably the EU) have expansive and still-forming regulatory plans for artificial intelligence. Below, we outline some already enacted laws to keep your eye on as you map out your AI adoption strategy.
How Legal Can Contribute to Cybersecurity
As digital landscapes continue to evolve, safeguarding sensitive data has never been more important. While IT departments are often hailed as the key cybersecurity protectors, there’s another team in most organizations that plays a vital role—your in-house legal team. With a blend of technical and legal knowledge, these teams are essential in helping to thwart cybersecurity threats villains and manage organizations' risk. Cybersecurity threats can be diverse and serious, from phishing emails tha
Incident Response Planning: Preparing for Data Breaches and Security Incidents
In a world where data breaches and security incidents are as inevitable as Mondays, in-house legal teams need to be the strategic architects of their organization's defense. An effective incident response plan isn't just a nice-to-have; it's a necessity. It's your blueprint for navigating the choppy waters of a security crisis with finesse and precision.
Risk Reduction: How In-House Legal Teams Can Stay Ahead
The changing landscape of cyber threats has greatly intensified the challenges faced by in-house legal teams. As modern legal departments expand beyond conventional roles, they must prioritize risk mitigation strategies that encompass cybersecurity, data privacy, and compliance. Here are some ways legal teams can stay proactive.
How Legal Can Serve as a Strategic Business Partner
Legal teams adopt technology for a variety of reasons: increased efficiency, risk mitigation, deal acceleration, and/or just to preserve their sanity. However, the reason they pursue those positive business outcomes isn't simply to improve the business but to reframe the legal department as a strategic partner for the rest of the organization. Here's how you can leverage legal technology to become more than "just a cost center."Operationalize with legal-specific task management
Leveraging Generative AI in the Contracting Process with LinkSquares
As investment in generative AI continues to grow, it's clear it's not just a passing trend—generative AI is here to stay. But when it comes to the vast landscape of AI capabilities, it’s easy to be left wondering where to start. What practical ways can in-house legal teams leverage the power of generative AI? The short answer: start with your contract review process.
How Legal Can Reduce Business Risk With CLM
Many legal teams adopt contract lifecycle management (CLM) software for a variety of reasons, but one of the best and most overlooked motives is to reduce business risk. Below, we lay out three areas where your CLM rollout can do the most to mitigate risks to your business.
LinkSquares Named Leader in the G2 Grid Report for CLM | Fall 2024
We’re thrilled to announce that we’ve been named a Leader in G2’s Fall Grid Report for Contract Lifecycle Management (CLM).
Measuring the Impact of Legal Teams With Contract Management Software
In-house legal teams play a vital role as strategic business partners within organizations, significantly contributing to overall success. Their responsibilities go beyond compliance and risk management; they provide essential support for business operations. Recognizing the importance of legal teams and integrating them into the business strategy is key to enhancing their effectiveness and the organization's performance.
Metrics that Matter for Your Organization
Being a legal professional isn’t just about knowing the law—it’s about being a strategic partner who drives value across the entire organization. Gone are the days when the legal team operated in a vacuum, disconnected from broader business objectives. Now, modern legal teams use metrics to become better business partners, aligning efforts with business goals and driving impactful results. Legal professionals are evolving into key players in their organizations, contributing to efficiency, cost
4 Ways Legal and Sales Can Partner to Close the Quarter
This scenario is one you know all too well: sales teams are scrambling to close (and win) all open deals in their pipeline, which means you’re scrambling to create, review, and approve dozens of contracts as quickly as possible. Your Slack or Teams is pinging off the hook with status update requests, sending you down another rabbit hole looking for internal approvals. You’re trying not to be a bottleneck, but the contract review process is seriously slowing you down. This blog was updated on Sep
5 Steps for Ensuring CLM Implementation Success
If you've ever sat through a well-executed demo for a contract lifecycle management (CLM) solution – especially in the age of artificial intelligence -- you've probably left the experience certain that the software in question includes anything and everything you could possibly need to improve your legal operations. Why, then, do many CLM implementations fail to lead to customer satisfaction and actual ROI?
AI to KPI: Leveraging Legal Analytics to Track and Measure Performance
Artificial intelligence (AI) holds great promise for transforming the legal industry, particularly in analytics. While experts rightly exercise caution, AI can safely enhance legal operations, driving smarter and more efficient processes. By adopting AI in this focused area, you prepare your practice for future technological advancements with confidence.
6 Helpful Tips For Legal Teams Establishing AI Governance Policies
The artificial intelligence (AI) revolution has arrived and it's redefining how we work, live, and interact. But what does this mean for your legal team? As AI becomes more entrenched in everyday operations, establishing the right policies is crucial in mitigating potential data breaches and confidentiality issues. With proper guidance, AI opens the doors for different departments to take advantage of new efficient strategies and transformations in the workplace. With nearly every employee havin
What is AI for Legal?
Artificial Intelligence (AI) is no longer a concept of the future. It's here, and it’s revolutionizing the way businesses function, especially in areas like contract lifecycle management (CLM). But why is AI so important in CLM?
Legal Tech for Life Science Companies
Life science companies operate in a world of complexity that far outpaces the average business. From pharmaceuticals to food technology, these organizations generate enormous volumes of contracts while tirelessly working to improve human health and well-being. This intensifies the need for robust, efficient contract management, and unfortunately, many firms may procrastinate until they can no longer keep up with the chaotic tide of contracts.
Data Visualization: Presenting Legal Metrics That Compel
Thanks to modern legal software, you can quantitatively measure and manage the work your legal department undertakes, but that doesn't mean you can throw a spreadsheet at your executives and assume it will convey the business value of your legal team. You have to share the right metrics in the right way. Here's a quick rundown on some metrics that matter, and how to present them in the best light.
Streamline Contract Drafting with Legal Technology
Thanks to technological advancements, legal contract creation and drafting have drastically evolved. The introduction of contract creation and drafting tools has changed how legal teams, marketing teams, and other professionals handle their contractual tasks.
5 Strange Laws Around the World You May Have Broken
Navigating the labyrinth of laws and regulations can feel like a full-time job, even for the most seasoned legal professionals. But while you're busy drafting airtight contracts and keeping up with the latest compliance rules, some of the world's quirkiest laws might slip under your radar. From Europe to the Caribbean, these bizarre regulations could catch even the most vigilant among us off guard. And as we explore these oddities, we'll also touch on how LinkSquares helps legal professionals st
Top 3 Prioritize Intake Paths for Legal Teams
In the legal field, staying ahead is more than just about keeping pace with work. It’s about leveraging the right tools to streamline your projects and tasks effectively. That's where LinkSquares Prioritize comes into play - the ultimate legal project management tool designed to transform how teams manage their workflows, ensuring nothing falls through the cracks.
Using tech to track all of the in-house legal team’s work
LinkSquares says it can help general counsel measure the legal department's contribution to the broader business by channeling requests into an intake tool.
Legal Ops' Path to the Future Is Paved With Generative AI, Teamwork
LinkSquares is a CLM company that has started to expand into areas like ELM.
LinkSquares Named a Leader in Contract Lifecycle Management (CLM) by Independent Research Firm
LinkSquares is recognized as a leader in the Forrester Wave for Contract Lifecycle Management solution.
Inside Track: Why In-House Lawyering Isn't for the Spineless
Tim Parilla, Chief Legal Officer, talks about his journey from DraftKings to LinkSquares and what it takes to make good in-house counsel.
LinkSquares Surpasses 1,000 Customer Milestone Due to Market Demand
Due to the Market Demand, LinkSquares has surpassed the 1,000 customer milestone.
Why You Should Care About Diversifying Hiring
Vishal Sunak, CEO and Co-Founder of LinkSquares, discusses the importance of a diverse team.
[$161M Raised] From Series A Struggles to 400 Employees: LinkSquares' Growth Strategies with Founder Vishal Sunak
Vishal Sunak, CEO and Co-Founder of LinkSquares, shares his journey of building software for legal teams. Listen as he speaks to Sit Down Startup’s host Adam O’Donnell about raising $161 million over five rounds of venture capital, overcoming fundraising struggles, and unlocking the secrets to growth.
News from the week beginning 26th June 2023
LinkSquares is recognized for their 1,000 customer milestone.
5 Things To Know When Starting A Business
LinkSquares CEO and Co-Founder, Vishal Sunak, talks about the importance of finding a mentor when starting a business.
How companies straddle the return-to-office debate
LinkSquares talks about their approach when it comes to remote, hybrid, and in-person working in a post pandemic world.
2023 SaaS Awards Shortlist
LinkSquares is put on the short list for Best SaaS Product For Law and Legal Services in the 2023 SaaS Awards.
The Top 25 CFOs of Massachusetts for 2023
Luigi Testa, Chief Financial Officer at LinkSquares, was named one of the top 25 CFOs of 2023 in Massachusetts.
2023 CFOs of the Year honored at Seaport Hotel (PHOTOS)
The Boston Business Journal shares photos of them honoring its CFOs of the Year at the Seaport Hotel, which includes Luigi Testa, LinkSquares Chief Finance Officer.
Using legal training to take an alternative career path
LinkSquares Chief Legal Officer, Tim Parilla, sits down with Erica Dunn of Priori and talks about how any number of paths can lead to a rewarding career using your legal training even if you end up in a non-legal function.
Vishal Sunak On Raising $161 Million To Create An AI-Powered Contract Management Platform
LinkSquares CEO and Co-Founder, Vishal Sunak, talks with Alejandro Cremades about his upbringing, early career, and the evolution and growth of LinkSquares.
The Startup Playbook: $1M to $10M ARR in 2 Years
LinkSquares CEO and Co-Founder, Vishal Sunak, goes on Founder University to discuss how he took his company from $1M in ARR to $10M ARR in just 2 years.
LinkSquares Announces First Gen AI Capabilities for Redlining and Project Management
We're revolutionizing legal team efficiency, allowing you to drive your business forward faster. We can’t wait for the journey ahead!
Mastering Redlining in Microsoft Word: A Guide for Legal Teams
Redlining is the beating heart of contract negotiation. It’s all about making line edits or substantive changes to a contract’s content to reflect terms both parties can happily shake hands on. It's a must-have skill for legal teams to ensure clarity and mutual satisfaction.
LinkSquares Makes the Inc. 5000 for the Fourth Time
Inc. revealed today that LinkSquares ranks No. 707 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.
Leveraging Legal Project Management Data
The days of relying solely on sticky notes and endless emails to manage legal projects are (thankfully) fading. With the dawn of legal project management tools comes rich data on how your team spends its time. It's time to say hello to your new best friend and showcase your team's impact, pinpoint areas for process change, and plan enhancements.
5 Rules for Empowering Your Team With Legal Metrics
Legal departments are no longer confined to traditional roles. With remote and hybrid working the norm, legal teams are required to adapt, streamline their processes, and demonstrate their value to the business. Advancements in technology have made it possible to use legal metrics to aid in these efforts.
How to Contract: 6 Issues to Address When Evaluating SaaS Contracts
Chances are your business already has one (or several) active contracts for software that’s not installed on any of your local or cloud-based servers. That software isn’t installed on individual laptops or mobile devices either. In fact, you don’t own a license to the software at all. You pay for it on a subscription basis, and you’re not buying the software itself; rather, you’re buying access to the vendor’s service via the SaaS, or software as a service, model.
The Crucial Role of Data Rooms in M&A for Legal and Finance Teams
For mergers and acquisitions, timely access to accurate data is crucial for legal professionals, finance executives, and advisors. The data room plays a vital role in facilitating successful transactions by providing efficient information access.
LinkSquares Named Leader in the G2 Grid Report for CLM | Summer 2024
We’re thrilled to announce that we’ve been named a Leader in G2’s Summer Grid Report for Contract Lifecycle Management (CLM).
Work-Life Readiness for Modern Legal Teams
"Success is not the key to happiness. Happiness is the key to success." We've all heard this phrase before, but what does it mean for legal professionals in the complex, demanding world of in-house counsel? In an era where the lines between work and life often blur, finding that elusive balance might just be a new measure of success.
How Legal Can Show Value in Business Operations
Legal teams play a crucial role that extends beyond being just corporate watchdogs. By offering vital legal services and advice that align with a company's business objectives and operations, legal departments can make a substantial impact. It is imperative for legal functions to work cross-functionally, demonstrating value and impact through the use of legal metrics and key performance indicators to better measure their contributions to the organization.
5 Key Metrics for Legal Team Success
Understanding the vast landscape of corporate legal affairs requires a sturdy compass of critical key metrics. The metrics that a legal team tracks can illuminate the path to improved legal operations, enhanced contract management solutions, and efficient use of AI contract review software.
Customer Stories: Managing Vendor Contracts and Increasing Efficiency
In-house legal teams today are being asked to do more with fewer resources. Managing contracts and vendors efficiently is crucial to meeting these demands. With an all-in-one contract lifecycle management and legal project management platform, you can streamline operations and significantly boost efficiency. CLM tools help legal teams stay organized and productive, ensuring they meet their goals with ease.
How to GC: Driving Strategic Planning and Decision Making
As senior in-house legal counsel, we understand the pivotal role we play in shaping the strategic direction and decision-making processes of our organizations. Gone are the days when legal departments were viewed merely as risk mitigators or compliance enforcers (whew!); today, we are strategic partners at the forefront of driving business success.
Efficient Contract Management with LinkSquares
Discover how LinkSquares revolutionizes contract centralization for legal teams, saving time and enhancing clarity in the contracting process.
AI Cheat Sheet for Legal Professionals
Legal professionals who have yet to embrace AI tools can kickstart their integration journey with practical applications. This could involve utilizing AI-powered search and discovery tools capable of swiftly scanning through documents and contracts, consolidating relevant data points at a pace beyond human capabilities.
Building a Coverage Plan for Your Legal Team
For lawyers on small legal teams (which, according to ACC, are most in-house teams), having a strong sense of your team's workload is crucial.
How to GC: Leveraging Technology in Crisis Management
Corporate operations are high stakes. Crises can strike unexpectedly, testing organizations' resilience and agility. As guardians of legal integrity and risk mitigation, in-house legal counsel plays a pivotal role in crisis management, orchestrating a strategic response to mitigate legal, reputational, and operational risks.
Contract Management Reporting for Your Executive Team
Contracts are integral to the corporate strategic decisions the C-suite must make regarding partnerships, mergers and acquisitions, and business expansions. Reporting gives the C-suite the necessary backdrop from which it can make informed decisions, assess legal implications, and negotiate favorable terms that align with strategic objectives.
3 Essential Tips for Legal Professionals to Master Their Time and Elevate the Business
As a legal professional, time is one of your most valuable assets. The fast-paced nature of the industry means that you often find yourself caught in a whirlwind of tasks and responsibilities, making it crucial to find ways to work efficiently and effectively. In the legal field, every minute counts, and it can sometimes feel like time is slipping through your fingers as you navigate through a sea of complex details and deadlines. However, by implementing the right strategies and tools, you can
How to Increase Visibility with Contract Management
Managing various contracts can be a challenging and time-consuming task for any legal team. Crafting an effective and organized contract management strategy is essential for ensuring visibility across your organization and boosting business productivity. The problem: Disorganization and searchability issues Before implementing legal tech, many legal operations professionals face the same headache: searchability. Have you ever tried looking for a needle in a haystack? Imagine having hundreds or e
From Cost Center to a Value Driver: How Legal Propels Business Growth
In-house legal counsel plays a pivotal role in upholding integrity, ensuring compliance, and driving strategic progress within a company. Yet, despite the pivotal nature of their work, legal departments often find themselves relegated to the label of a mere "cost center" within the organization. It's time to challenge this perception and recognize the invaluable contributions of in-house legal counsel to the company's bottom line and long-term success.
Managing Burnout in Legal Operations: Prioritizing Tasks and Well-being
Being a legal professional is no easy task. Workloads pile up, stress increases and before you know it, burnout looms around the corner.
FTC Ruling Regarding Non-Compete Clauses: What You Need to Know
The new Federal Trade Commission (FTC) ruling regarding non-compete clauses becomes effective on September 4, 2024, after its publishing on May 7, 2024. The rule may be challenged in court, potentially delaying or stopping its implementation.
How to Maximize Your Legal Operations
Driving effectiveness and efficiency in any organization's legal operations can be challenging, especially when confronted with outdated practices and inefficient procedures. However, maximizing your legal team's operations can create added value for your organization.
Key Strategies to Enhance Productivity for Legal Professionals
For legal teams, time is a priceless resource and a relentless taskmaster.
How Finalize for Word Expedites Contract Review with AI
The Microsoft Word integration is designed to keep you in the tool you know and love, ensuring minimal disruption in your day. Not only can you access the best features of Microsoft Word, but you can also edit, review, and approve contracts effortlessly with the power of LinkSquares Finalize. All that’s to say collaborating with your team has never been easier, and you don’t even have to switch platforms. Sounds like it can’t get any better, right? But it did. We’ve recently incorporated game-ch
3 Steps for Playbook Creation for In-House Legal Teams
In-house legal teams have a tough job – providing reliable guidance while enabling business objectives and growth is complex. With so many areas to cover and potential risks to mitigate, how can legal departments operate efficiently and consistently?
4 Ways To Spring Clean Your Contracts for Better Contract Management
In the evolving world of legal operations, the process of contract management is key to staying ahead. Legal contracts can grow outdated or misaligned with legislation or company policy, causing a schism in the efficiency of business processes.
How AI Helps with the Contract Review Process
Contract review is one of the leading causes of bottlenecks in the contract process. Sometimes it takes way too long to get everything in order and ensure you’ve covered all your bases so you don’t open yourself up to more risk, especially in high-value deals. But what can take human reviewers hours or days only takes artificial intelligence (AI) a few seconds. This is why AI contract review is an ace for lean legal teams.
Involving Stakeholders in the Contract Management Lifecycle
In the immortal words of great thinkers from Sun Tzu to Michael Corleone, you should keep your friends close, and your enemies closer. In other words, as much as you’d like to know what your friends are up to, it’s even more important to keep tabs on your enemies so you can prepare to meet them in battle.
Now Available: Generative AI in LinkSquares Prioritize!
It’s a tale as old as time: one minute you're trying to hammer out a detailed plan for a project, the next you're scratching your head, unsure of the right steps. It’s time to say goodbye to confusion and hello to clarity - we’ve introduced generative AI to Prioritize to expedite your project planning like never before. Introducing AI-Suggested Subtasks It all starts with Task Templates – custom, repeatable workflows that ensure consistent intake every time. However, without a foundational under
5 Tips for Legal Teams to Get More Done
Legal project management can be a daunting task for legal teams. With so many moving parts, from contract reviews to compliance, it's easy for in-house teams to lose track and become overwhelmed. But fear not, as smart strategies and innovative tools can transform the way your legal department operates. Here are five game-changing tips to supercharge your productivity.
Stress Less: Mindfulness Techniques for In-House Legal Teams
News flash: being a lawyer is stressful.
How Legal Operations Helps Streamline Processes
In the dynamic environment of in-house legal teams, efficiency transcends being merely a desirable attribute to becoming a crucial requirement. The integration of legal operations teams marks a significant stride towards optimizing work processes and enhancing overall effectiveness. Legal operations serve as the strategic backbone, supporting general gounsels (GCs) and the entire organization by managing the multifaceted business aspects of legal work, from budget management and vendor managemen
LinkSquares Named Leader in the G2 Grid Report for Contract Lifecycle Management (CLM) | Spring 2024
We’re thrilled to announce that we’ve been named a Leader in G2’s Spring Grid Report for Contract Lifecycle Management (CLM).
Legal project management: A secret weapon for in-house teams
The legal and business challenges that in-house counsel face grow more complex every day. For three reasons, better internal and cross-departmental collaboration can be the key to solving those challenges.
Legal overload? Relax with the new GC ASMR video series!
In a world that seemingly never slows down, achieving work-life balance for general counsels can feel impossible. In fact, according to Legal Scientists of America, an overwhelming 75%* of legal teams are so stressed out they can barely hold a cup of coffee.
5 Tips for Redlining and Contract Negotiations
The skills of contract negotiations and redlining aren’t just about navigating legal jargon or asserting terms, but about embracing a philosophy that combines expertise with empathy, and strategy with sincerity. In this delicate equilibrium, businesses can truly set themselves apart and lay the foundations for lasting partnerships and sustained success.
Contract Management 101: Why You Need Legal Technology
Remember that recurring nightmare you have when you’re about to take an exam and haven’t studied for it at all?
Beyond Work-Life Balance: Having "It All" as a Female In-House Counsel
This post is written by Krista Russell. Krista is Deputy GC at Airbus and adjunct professor at Miami School of Law, is a versatile legal professional with a knack for turning complexity into clarity. With a rich background in contract management, she brings a wealth of knowledge to the table. Her passion for law, coupled with her ability to adapt and learn, makes her a visionary leader, constantly driving forward with a playful sense of humor and a data-driven approach. The following blog encaps
Tech Tools You Need for M&A
Merger and acquisition (M&A) deals are often long-haul projects that require accuracy and consistent attention to detail over a long period of time. M&A attorneys and deal teams used to rely on a small tech stack to manage transactions, mostly opting to manage important documents and tracking due diligence manually.
Tech Onboarding: How to Evaluate a SaaS Vendor’s Process
Adopting new legal tech can be scary, considering how many change initiatives fail or how many buyers experience buyer’s remorse. But at the same time, you know that your team will benefit from the engine power of legal technology like contract lifecycle management, matter management, and legal project management. Each day you’re sold more and more on the transformational possibilities of legal tech — now, you just need to find a way to make tech onboarding and implementation less terrifying.
5 Legal Metrics to Start Measuring Today
If you’re serious about proving your value in 2024, now’s the time to start building out your legal metrics dashboard.
The Role of Deal Desk in the Contracting Process
As your company grows and deals become more complex, you’ll have more moving parts to manage, more stakeholders to involve, and more risks to assume. It’s more important — and difficult — than ever to ensure alignment across revenue and risk teams. Luckily, a deal desk helps your legal, sales, finance, product, and CS teams share the burden of an efficient sales process involving non-standard contracts.
Unleash the Power of Your Business Contracts Through Analytics
In the complex world of business agreements, data is at the helm of every contract. This data serves as a gold mine for businesses that seek to make informed and strategic decisions. The key to unleashing these gems? Contract analytics.
Out of the Silos: The Crucial Role of In-House Counsel in Cross-Functional Business Collaboration
This post is written by Krista Russell. Krista is Deputy GC at Airbus and adjunct professor at Miami School of Law, is a versatile legal professional with a knack for turning complexity into clarity. With a rich background in contract management, she brings a wealth of knowledge to the table. Her passion for law, coupled with her ability to adapt and learn, makes her a visionary leader, constantly driving forward with a playful sense of humor and a data-driven approach. The following blog encaps
CFO Series: Uniting Legal and Finance Teams for Success
In the world of Software as a Service (SaaS) companies, achieving a working partnership between legal and finance teams is a business essential. When legal and finance form the dynamic duo required to overcome obstacles and pilot business success, the entire organization gets ahead.
Data You’re Missing Out on Without Legal Technology
Your manual processes are holding you back more than you know. Your legal team is putting in the hours and addressing legal requests as quickly as possible, but trying to get it all done using a spreadsheet, a whiteboard, some index cards, and your inbox makes your work harder than it needs to be. What’s worse, there’s no streamlined way to capture data that shows all the hard work you’re doing for the business. This is where legal technology can close the gap.
G2 Best Software Awards 2024
We’re excited to announce that we’ve been named to G2’s 2024 Best Software Awards, placing at 48 on the Top 50 Sales Products list. This is our third consecutive year on the Top 50 Products list.
How Lean Legal Departments Can Make a Massive Impact
When the business underestimates your tiny legal team, you’re called in too late on key initiatives, your insight is overlooked or ignored, and you end up cramming your process into a small window of time. This makes you look like the bottleneck, when, in reality, you just haven’t been set up for success. Now, you’re left with the burden of proving your value.
How Enterprise Lifecycle Management Improves Marketing and Legal Collaboration
In the age of data privacy and protection, influencer marketing, and social media, legal and marketing have to find new ways to effectively work together without overwhelming legal or delaying marketing’s execution. Thankfully, enterprise lifecycle management (ELM) can help.
3 Legal Tech Myths Debunked
The thing about myths is they’re so widely held, it’s easy to assume they’re true. Who among us has never heard that coffee stunts your growth? Or believed that gum stays in your stomach for seven years if you swallow it? Or warned against swimming after eating? These myths have all been debunked, yet some people continue to believe them. This, unfortunately, is also the case for legal tech.
Tealium Optimizes Contract Storage and Analytics with LinkSquares
Celina Caprio is Manager, Legal Operations at Tealium. Tealium is a Customer Data Platform (CDP) that enables companies to more efficiently collect, standardize, integrate, and activate customer data.
3 Steps for Your Legal Tech Implementation Readiness
The world of legal technology has rapidly evolved in recent years, and legal teams are embracing it to streamline their operations and improve business partnerships. Implementing legal tech requires careful planning, thorough research, and a clear understanding of the needs and requirements of your organization.
Advancing ESG Initiatives with G2 Venture Partners
Ready to dive into the world of environmental, social, and governance (ESG) initiatives? In this exciting Cockpit Counsel episode, LinkSquares CLO Tim Parilla is joined by Jake Tauscher, partner at G2 Venture Partners, to explore the remarkable synergy between the legal function and ESG goals.
What’s New in LinkSquares Prioritize, a Project Management Tool Built for Legal
The list of responsibilities for the in-house legal team keeps growing, despite flat or decreasing budgets. This can leave in-house teams wondering how they can boost efficiency and display the impact of their work.
Why Small Legal Teams Need a CLM
Legal teams are tiny but mighty. As one of the few in-house teams that touch every aspect of the business, you review vendor contracts, negotiate sales contracts, collaborate on company policies and procedures, map out data practices with product … the list goes on. By some miracle, you’re managing to keep it together using spreadsheets and Outlook, but if you feel like you might start to lose it if you don’t have some support soon, it’s time to consider a contract lifecycle management (CLM) too
The Legal Tech Leap: Face Your Fears and Fly in 2024
You may not believe it if you’ve seen one of my Cockpit Counsel episodes as the LinkSquares CLO who’s also a pilot, but I used to be a fairly nervous flier. My first job out of law school required me to do some decent travel, and I didn’t like feeling nervous every time I was in the air. I really hated enduring that feeling of nervousness with every flight and knew that I had to do something. I needed to face the issue head-on and decided I would take flight lessons until the fear and nervousnes
LinkSquares Furthers AI Leadership With Announcement of Generative AI Strategy
New generative AI capabilities across the LinkSquares Cloud will enhance legal workflows while ensuring accuracy and compliance We are excited to announce our 2024 strategy to infuse generative artificial intelligence (AI) across the entire product suite, starting with AI-Assisted Redlining in Finalize for Word and AI-Suggested Subtasks in Prioritize. Our enterprise legal management (ELM) platform combines native AI built exclusively for legal teams with generative AI technology to enhance legal
How Legal Project Management Tools Can Help You Focus on What Really Matters
Legal project management tools are the answer to in-house counsel’s efficiency crisis and mental health burnout.
Resource Rundown: Data Privacy and Compliance
With everything else on your plate, keeping up with data privacy regulation can feel like an extra burden. It’s one more thing you know you need to do to help keep your company safe, but you keep pushing it further and further down your list, until it becomes a permanent fixture that you don’t even realize is there anymore.
Using Enterprise Legal Management Software to Build a Consistent Team
If your legal team wants to be known for being collaborative, efficient, and impactful as strategic partners, consider looking into enterprise legal management (ELM) software to take that next step.
The State of Legal AI Going Into 2024
No doubt, 2023 was a banner year for AI. Professionals in every industry used AI to make their work easier and accomplish more. Even as lawyers enjoyed the benefits of legal AI, there was still some fear about what that might mean for the future. Earlier in 2023, Goldman Sachs published a study that said 44% of legal jobs will be replaced by AI, stirring up old fears that AI will eventually eradicate lawyers. And while AI can’t replace human lawyers, legal AI does make an excellent assistant.
Navigating Cookie Laws in 2024: How Legal Teams Can Stay Ahead with LinkSquares
Data privacy regulations like GDPR and CPRA have made online data privacy a central focus for both regulators and consumers. These cookie laws have changed how businesses like yours operate online by regulating the kinds of data you can collect and the rights users have to control their data. Not only that, but new cookie laws are always popping up, making it crucial to stay on top of the latest info.
Webinar Wisdom: Best Nuggets from LinkSquares Webinars in 2023
In 2023, we hosted insightful webinars with subject matter experts about everything from legal technology and cybersecurity to M&A playbooks and mastering productivity. Here are a few nuggets of wisdom from some of our favorites.
M&A and Events with LinkSquares Analyze and Carbon Health
Michelle Escobar is the VP of Legal Operations at Carbon Health. Carbon Health operates more than 100 primary healthcare and urgent care clinics across the U.S., while also providing telemedicine.
LinkSquares Receives ISO 27001 Certification
At LinkSquares, fostering trust with our customers and stakeholders will always be of the utmost importance to us. As a leader in the legal tech industry, our team takes security very seriously, which is why we’re proud to announce our ISO 27001 certification. But what does that mean for us as an organization — and for you as our customer? Here are some answers.
It’s a Wonderful Link: A Year in Review
In 2023, more than 1,100 legal teams unlocked their full potential with LinkSquares. Before we head into 2024, let’s take a moment to recognize everything we accomplished together – starting with a special thank you from Chief Customer Officer Steve McKenzie:
Legal Resource Planning: Making the Case for Increased Head Count
For weeks, your team has been running on steam trying to close out the year on a good note. Your volume of work has been steadily increasing, which means the business is doing well, but it also means you’re burning the candle at both ends to get it all done. It’s quickly becoming overwhelming, and you know you need help. Unfortunately, as sympathetic as the CFO is, she probably won’t accept your gut feelings and exhaustion as a reason to increase budget. This is why you need solid data to justif
Talk to a TSA: Meet LinkSquares Technical Solutions Attorney Kendra Lena
It’s time to meet another one of our technical solutions attorneys (TSAs) here at LinkSquares. We hope you’ve been enjoying the profiles. But if this is your first time joining us, you may be wondering just what a TSA is. (Hint: It has absolutely nothing to do with the airport.) TSAs are licensed attorneys from various practice areas and sectors. They’ve been in your shoes when it comes to managing workloads and contract processes, so they know your pain points. They also know (and use) our prod
Legal Project Management: How to Control that EOY Inbox Chaos
For some, the last few weeks of the year come with relaxing downtime – but for you, the end-of-year rush usually means a chaotic inbox. Every sales rep is trying to close their open deals, HR wants to run new remote work policies by you, and finance needs a report on contract revenue — all before January. Inbox-zero is a pipe dream, and there’s a permanent red dot on your Slack icon this time of year. If it feels like it’s too much to manage, that’s because it is. But what if you used a legal pr
Peregrine Hospitality Finds Cross-team Visibility with LinkSquares
Ross Greenman is the vice president & general counsel at Peregrine Hospitality in Irvine, California. Peregrine Hospitality is a full-service hospitality company that manages more than 20 world-class resorts across the U.S., U.K., Thailand, Mauritius, and Fiji.
Streamlining Renewals with Backbone Media
Michael Davies is the VP, Finance & Operations at Backbone Media. Backbone Media provides public relations, media planning and buying, social media, and affiliate marketing, with a focus on clients in the active lifestyle market.
LinkSquares Finalize Now on the Salesforce AppExchange
We're excited to announce that LinkSquares Finalize is listed as an official application on the Salesforce AppExchange, a leading enterprise cloud marketplace.
2024 Forecast: Top Trends and Priorities for Legal Teams
As an in-house legal professional, you have a lot on your plate heading into 2024. Your team plays a crucial role in every major business decision, while staying on top of emerging regulatory and technological changes. And let’s face it, chances are your team is under-resourced.
Talk to a TSA: Meet LinkSquares Technical Solutions Attorney Heather Soukas
We know you’ve been dying to meet another one of LinkSquares’ technical solutions attorneys (TSAs) (can’t say we blame you). But if this is your first foray into the topic, here’s a quick overview. TSAs are like your legal technology sidekicks, armed with lawyerly expertise and ready to assist you in finding the perfect solution for your needs. As licensed attorneys, they understand the struggle of balancing various responsibilities while providing strategic support. What's even better? Each TSA
Talk to a TSA: Meet LinkSquares Technical Solutions Attorney Bettina Pancho
In the last few weeks, we’ve been introducing you to LinkSquares’ rockin’ technical solutions attorneys (TSAs). As a refresher, these are licensed attorneys who know exactly what issues you're facing as you search for the right legal technology, and they’re here to help you find the best solution for your needs. TSAs are our secret weapons – they’ve walked in your shoes and understand the challenges of juggling multiple responsibilities while also providing strategic support. The best part? Each
How HotelPlanner Transformed Its Contract Management With LinkSquares
HotelPlanner, a rapidly expanding travel technology company and hotel booking platform, used LinkSquares to revolutionize their contract management process, thereby improving productivity and efficiency.
The Role of Change Management in Legal Technology Implementations
When it comes to implementing new legal technology, there are a lot of unknowns — will it work? Is it worth the price tag? Will it boost productivity and efficiency like it promises? If it doesn’t, you just cost your company thousands with nothing to show for it. You know the potential efficiency gains could be massive, but you’re not sure if the risk is worth it.
Unleash Shawn Hoyt's Deal Desk Secrets for Business Success
Get ready to meet Shawn Hoyt, the vice president of commercial within OutSystems' legal team. He's a master in the art of deal desk operations and is here to spill all his secrets. Imagine a team of superheroes, swooping in to secure those big, special deals. They're innovative problem solvers, tackling complex negotiations with ease. Their mission? Speed up those high-value deals and boost sales. In the latest episode of Cockpit Counsel, Shawn reveals how to transform your deal desk and keep up
Triple Threat: In-House Legal’s Top 3 Challenges (and Solutions)
Being part of an in-house legal team can be tough, but it doesn’t have to be overwhelming. At LinkSquares, our technical solutions attorneys (TSAs) spend their days talking to droves of lawyers across industries and have identified the biggest pain points you may come across in your daily work. We thought we’d highlight the three most common complaints and how our all-in-one legal technology platform can make them disappear. (Poof!)
Talk to a TSA: Meet LinkSquares Technical Solutions Attorney Aidan Sullivan
Wouldn’t it just be the bee’s knees if there were someone who knows exactly what issues you're facing in your quest for the right legal technology? Well, it’s your lucky day because there is. Let us introduce you to one of our technical solutions attorneys (TSAs). TSAs are our superpower here at LinkSquares – they’re licensed attorneys who’ve been in your shoes and know the struggles of trying to manage everything on your plate while also being a strategic partner. They harness their wealth of e
What You Didn’t Learn in Law School About Negotiating Contracts
In law school, you learned the law. Everything else, you’ve had to learn on your own or on the job. Contract negotiation, for example, is one of the most important skills in your in-house role, yet your law school curriculum probably didn’t cover that.
Challenges in Building a Data Privacy Plan (and How to Address Them)
You’ve seen the stats, read the blogs, heard the warnings: a concerning number of data breaches happen each year and cost companies like yours in the millions. There’s always a chance your company could be impacted by a cyberattack, which is why you know how mission-critical a data privacy plan is. The challenge is building a useful one.
Insights to Impact: Reflecting on the 2023 ACC Annual Meeting
It’s hard to believe that the ACC Annual Meeting just wrapped up two weeks ago in San Antonio. As we settle back to autumn in Boston and reflect on the experiences and wisdom we've gathered, we’re thrilled to share some key takeaways with you.
How to Use Contract Lifecycle Management (CLM) to Be a Better Business Partner
Contract lifecycle management (CLM) is crucial for teams like yours that want to be better at cross-functional partnerships.
LinkSquares Ranked 137th Fastest-Growing Company in North America on the 2023 Deloitte Technology Fast 500™
LinkSquares receives continued recognition in 2023 for exceptional growth, innovation, commitment to customers, and leadership excellence
How to Let Legal Project Management Tools Do the Heavy Lifting
Your in-house team already does a lot, but with support from the right legal project management processes and tools, you can accomplish way more with far less effort.
Unlock Your Legal Potential With LinkSquares Industry Events
At LinkSquares, we’re always thinking of ways we can help our legal community unlock their potential, build their networks and teams, and harness the power of legal tech. We're thrilled to announce that we have a jam-packed November planned just for you.
3 Ways CLM Helps Mergers and Acquisitions Attorneys
During the M&A process, there’s a lot you have to juggle and mentally keep track of. Here are three ways CLM can help M&A lawyers with their core responsibilities.
What's a TSA, Anyway? The Role That Sets LinkSquares Apart.
Maybe when you hear the term TSA, you think of the airport. But at LinkSquares, we think of our superpower: technical solutions attorneys. Don’t worry, it's not some fancy legal term to intimidate you – although, it is a term we coined ourselves for these legal professionals who sit at the crossroads of law and technology within our company. The good news is – they’re here for you because they totally understand all the challenges you’re facing as part of an in-house legal team and are armed wit
What You Need to Know About the SEC’s New Data Privacy Law
It feels like ever since GDPR went live in 2018, there’s been a new data privacy law every other day. Recently, the Securities Exchange Commission (SEC) adopted a new data privacy law that will “standardize and enhance” cybersecurity incident and risk disclosures. Essentially, if you’re a public company based in the U.S. or a foreign-based private company, soon you’ll have to start filing cybersecurity disclosures with the SEC.
Cybersecurity 101 for Legal Teams
October marks the time of year when your company props up skeletal decorations in the office, makes a spooky version of your logo, and prepares for your annual Halloween party. It’s also Cybersecurity Awareness Month, which can drive terror into the hearts of the unprepared. But by tracking cybersecurity laws and making sure your systems and processes are compliant, your legal team becomes a critical line of defense against cyberattacks.
Cybersecurity Unmasked: A Q&A With LinkSquares VP of IT & Security Robb McCune
Cybersecurity isn’t just a buzzword – it's a necessity for today's B2B tech companies, like us at LinkSquares. And it can also be a terrifying concept if your company doesn’t have a plan in place to protect your data (maybe that’s why Cybersecurity Awareness Month is so close to Halloween). This begs the question: What are the most pressing cybersecurity threats we face today? And it's a question that warrants a look into our approach to IT security and how we've adapted to an ever-changing thre
Legal Operations Software: How to Enable Your Enterprise Legal Team
Sometimes, despite your best efforts, your legal ops function isn’t driving the kind of efficiency you know it can. It often feels like a slog getting tasks over the finish line, and some asks still manage to get lost in the shuffle no matter how well you organize your inbox or color-coordinate your post-its. Managing legal operations with duct-taped processes and shoe-stringed software all but ensures that you stay stuck playing catch-up. To improve your flagging processes, consider working wit
Managing Your Contract Management Process
After you’ve agreed on terms, gotten final approval from stakeholders, and signed on the (virtual) dotted line, you’ve officially executed your contract. You might get so excited after closing the deal that you keep it stored in your inbox or just throw it in one of a few drive folders labeled “contracts.” But when it’s time to review your terms, understand your obligations, or compare contract data across contracts — that’s the contract management process, and it’s just as important as contract
LinkSquares' New Legal Technology Innovations Unlock Data, Productivity, and Efficiency for Legal Teams
AI advancements, enhanced reporting, and expanded integrations maximize legal’s business impact.
How to Navigate the Changing Landscape of Data Privacy Laws
If you play, work, or do business on the internet, data privacy laws are probably not new to you.
Contract Database: Examples of a Contract Repository
Nostalgic salespeople remember their first-ever sale — the hopefulness, the excitement, the increased motivation. Years later, the memory lives on, but the contract, without a contract database, does not.
Make a Splash at ACC with LinkSquares
LinkSquares at ACC 2023 is not just another conference, it's a journey of discovery and innovation in the legal landscape.
Steve Travaglini announced as CRO of the Year at the inaugural GTM Awards
We’re thrilled to announce that Pavilion, the leading global community for revenue executives, CEOs, and founders in the B2B software space, in partnership with G2, announced that LinkSquares’ Steve Travaglini was named CRO of the Year at the inaugural GTM Awards. The GTM Awards is an esteemed industry-wide recognition program with the goal of celebrating top go-to-market leaders and companies that have demonstrated excellence, innovation, and success within the B2B SaaS sector.
Crisis Management for Legal Teams: Ensuring Business Continuity During Disaster
A phone call at 3 a.m. on a Friday morning wakes you up — it’s your CEO telling you there’s been a fire at the office. You didn’t see it coming — no one did. And the burning question is: Do you have a crisis management plan to help keep the business going?
Contract Negotiation: How to Get It Right
Let's talk contract negotiation – it can be tough, time-consuming, and outright disappointing when a deal gets delayed or falls apart because the process didn't go well. We've all been there, and we feel you.
Contract Lifecycle Management Process: From Creation to Termination
The contract lifecycle management process tracks a contract from the moment it’s created through its full execution.
Leveraging Legal Tech: An ROI Refresh Q&A With LinkSquares CLO Tim Parilla
Let’s be honest – technology can be overwhelming, especially when you think of all the tools you toggle between at work. And we’re saying this as the people who build a tech platform. Tech touches nearly every part of our lives and spans all industries, including law. And while it’s true that legal has lagged behind when it comes to adopting and implementing digital resources, that’s now changing as the role of in-house counsel evolves from reactive cost centers to proactive drivers of value and
Doing More with Less: A Disciplined Use of Legal Tech
Legal leaders can no longer be distracted by bells, whistles, and gimmicks, and instead must focus on identifying and implementing meaningful tools that enable in-house teams to be true catalysts for change across the business.
How Legal Intake is Different than Legal Project Management
In-house legal teams are often on call, fielding requests from across the business – and from all angles. When you’re bombarded with emails, phone calls, and Slack messages, keeping track of all your priorities is no easy feat.
CBORD finds success by finding contracts with LinkSquares
Founded in 1975 and headquartered in Ithaca, New York, CBORD provides integrated technology solutions powering access, food service, nutrition, commerce, and card systems to college, healthcare, and business campuses. With CBORD’s solutions, these facilities can administer a wide range of services – from electronic security to inventory management to mobile payments – through a single provider. Guided by customer-centric development and support, CBORD’s solutions are used by more than 10,000 org
Your Guide to Data Privacy Compliance
Even though data privacy compliance isn’t a legal matter that generates revenue, it can cost companies millions when done incorrectly.
What Is Matter Management and How Can It Help Legal Teams?
Legal teams have a lot on their plates. From contracts and disputes to compliance and intellectual property matters, it feels like there's always a mountain of work waiting to be done. So, how do you keep your head on straight? The answer lies in effective legal matter management.
LinkSquares Appoints Steve McKenzie to Chief Customer Officer
We are excited to announce that Steve McKenzie is joining LinkSquares as chief customer officer (CCO). Steve has global responsibility over the company’s customer experience, leading customer success and account management, and helping to develop and strengthen functional areas across the business that meet and exceed customer needs and expectations throughout every stage of their LinkSquares journey.
3 Ways to Automate Legal Work
We hear a lot about the tech stacks of sales and marketing teams, but what about legal? What tools are needed to support the modern in-house legal team? Unlike a decade or so ago, today’s legal teams have access to tools specifically built for legal workflows.
A Comprehensive Guide to Legal Technology
Legal technology has come a long way in the last 70 years. Dictation machines were the height of sophistication in the 1950s, and lawyers still had to go through librarians to complete research.
How to Optimize Your Legal Intake Process
As much as we try to iron out the kinks in our legal operations, sometimes things still slip through the cracks. Let's take the legal intake process, for instance. Loads of teams use a whole mixed bag of channels — think email, Slack, calls, texts — to gather legal requests. It sounds flexible, but it's quite easy for stuff to get lost in the shuffle.
Introducing the LinkSquares Finalize for Slack Integration
Today’s in-house legal teams wear many hats – whether they’re keeping up with business as usual, tracking contracts under negotiation, or putting out unexpected fires.
5 Best Practices for Using Templates in LinkSquares Finalize
Templates are the backbone of LinkSquares Finalize because they help you create custom and flexible workflows that power your contract creation processes. Given that they’re crucial to any legal team’s success, how should you use templates? And how do you get them right? The answer lies in our five best practices below. Follow our advice, and you’re golden.
Legal Task Management: Common Mistakes and How to Fix Them
Legal task management — also known as legal project management — is crucial for a well-oiled in-house legal team.
How AI Contract Analysis Can Impact Time to Value and Why That Matters
Evaluating a contract management solution with AI contract analysis can make an already difficult process more complex. Even though AI is really good at taking on the tedious parts of legal tasks, it can take a while to bring it up to speed.
Everything You Need to Know About Contract Management
As the backbone of business transactions and relationships, contracts are key to overall business success. As a result, efficient contract management allows companies to do more business and maintain good standing with customers post-purchase.
Why Implementation can Make-or-Break Your CLM (and how to avoid it)
In-house legal teams at enterprise companies face unique challenges that require efficient and effective contract lifecycle management (CLM) software. But the crucial task isn’t just about choosing the right software. The implementation process also plays a significant role in ensuring user adoption and the ultimate goal; the smooth running of business operations. There are several tips and tricks to make your CLM software implementation as smooth as possible.
Now Live: Similarity Terms in LinkSquares Analyze
Today we announce Similarity Terms in Analyze, functionality that allows you to create AI-assisted terms in minutes to track language unique to your business.
3 Reasons CLM Needs a Salesforce Integration
Cross-functional alignment is more than just a SaaS buzzword — it’s an integral component of a thriving business. To operate as a unit and successfully go to market, every function of the business needs to be aware of what the others are doing.
The Legal Ops Manager’s Guide to the First 90 Days
Whether you've just been appointed as a Legal Operations Manager or you're well-versed in the legal industry, the first 90 days at the helm can be a delicate balancing act. This period is vital for setting the course and building relationships that'll define your tenure. Each day counts. So, how can you navigate these waters with confidence? Here’s your guide.
How the Right CLM Solution Can Transform Your Finance Team
Did you know you don’t have to spend hours searching for your contracts? And that you don’t have to guess what’s in them? A lot of the pain that CFOs may have thought they’d have to grin and bear is actually solvable. The right CLM solution can transform your whole finance team. Yes, the promised land is attainable — but you need to partner with the right tool.
How Legal Ops Can Help Navigate Risk in Hard Economic Times
When the market conditions and macroeconomic climate are unstable, legal, like other departments, has to be more resourceful–and mindful of potential risks.
LinkSquares Makes the Inc. 5000 for the Third Time
Inc. revealed today that LinkSquares ranks No. 549 on the 2023 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment — its independent, entrepreneurial businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other household name brands gained their first national exposure as honorees on the Inc. 5000.
3 Steps to Vote for LinkSquares at SXSW
Calling all dreamers, doers, and lovers of cutting-edge ideas. If you’re a technology, film, culture, or music buff, you’ve definitely heard about the iconic annual South by Southwest SXSW Conference.
eIDAS and LinkSquares Sign
The world of contracting has evolved significantly over time. Gone are the days of paper contracts signed with wet ink. Businesses and individuals have now come to expect and rely on digital contracts and electronic signatures.
Proactively Managing Vendor Risk: Coffee & Compliance Webinar Recap
Data breaches are costing companies millions. Even when the cause of the breach traces back to your vendor, you’re still the one who pays the price.
Unlocking Efficiency: The Multifaceted Benefits of a Legal Project Management Tool
In the fast-paced world of legal work, tasks are numerous, varied, and often complex. From reviewing marketing content to managing long-term litigation projects, your team has a lot on its plate.
How eSignature for Legal Teams Can Help Close Deals Faster
The true villain of the end-of-quarter rush is manual signing.
How to Build a Better Deal Desk
Every successful enterprise understands the importance of closing deals fast, ensuring profitability, meeting compliance standards, and delivering unparalleled customer satisfaction. However, making all of this happen at the same time isn't always easy. That's where a dedicated deal desk comes into play. This post explores the benefits of a deal desk and how it can streamline your business processes.
TIME Provides Secure Self-Service Drafting and Execution with LinkSquares
TIME, the legendary publishing company, likes to call itself a century-old start-up. They’re dedicated to its iconic print magazine, but not afraid to dive into modern mediums to tell important stories. From producing Emmy Award®-winning films, TV programming, and documentaries through TIME Studios to exploring the latest version of the internet with their Web3 department, they're at the forefront of content creation and delivery. As TIME’s headcount grew and the business expanded into new mediu
Training Tips for Small Teams Adopting Project Management Tools
The more people in an organization use project management software, the more useful it is for improving project outcomes. While 22% of companies adopt project management software, internal adoption rates vary depending on how well the tool has been championed, along with end-user buy-in. To facilitate project management software adoption across your small team, you have to communicate the anticipated changes and train them on the platform.
Legal Intake vs. Legal Task Management
In-house legal teams are often on call, fielding requests from all over the business. But there’s no pager; instead they’re bombarded with emails, phone calls, and Slack messages. Keeping track of all those requests and projects is no easy feat.
4 Ways to Boost Productivity
Ahh, productivity – the elusive holy grail of the modern workforce. Sadly, too many people work from sunup to sun down without making a dent in their to-do list or achieving any of their goals.
Unlocking OCR: A Game-Changer for Your Business
Have you ever found yourself in a sea of unsorted, unreadable documents, desperately trying to make sense of them all? If so, then you're certainly not alone. In-house legal teams are inundated with piles of documents and contracts each day and the challenges that come with managing them can be significant. Enter Optical Character Recognition (OCR) technology, the savior you didn't know your business needed.
Compliance and Audit Management with CLM
It’s possible to forget about a contract after it’s been signed, but that’s a costly mistake. Instead, legal teams and compliance stakeholders, including IT and finance, need to keep track of contracts and contract data — e.g. privacy clauses, renewal dates, obligations — after the agreement has been signed in order to manage risk.
3 Red Flags That Your Contract Management Processes Are Inefficient
If you store your agreements in a spreadsheet that you expect your team to update regularly and have a dedicated folder where you keep your executed agreement, you technically have a contract management process — just not an efficient one.
How Contract Analytics Promotes Data-Driven Decision-Making
Imagine your company is raising a funding round to expand the business and scale the go-to-market strategy. This is a great opportunity to solidify legal’s reputation as the competent problem-solvers they are.
The Power of a Playbook
A well-thought-out and comprehensive playbook will empower your team to make quicker decisions autonomously. It will also help them be more confident in their decisions and align with your company’s risk tolerance. Rapidly growing legal teams can use a playbook to give their team the necessary resources to ensure individuals are prioritizing effectively and providing consistent support to their business partners.
7 Types of Business Documents Every Company Needs
Managing company documentation can feel overwhelming for business and legal teams, especially when agreements, records, and compliance materials are scattered across systems. To guide you through the process, here’s more information on 7 common types of business documents that you and your organization should be using to help streamline your business processes. Types of Business Documents Companies Should Maintain
How Legal and Finance Departments Can Collaborate on M&A Transactions
An M&A deal can take up to 9 months — even longer for bigger companies. It’s months on end of talking to investors and the board, negotiating and renegotiating, and organizing internal documents to share between buyers and sellers.
How to Streamline Tasks, Reduce Stress, and Prioritize Yourself
Lawyers are the protectors of the business. They ensure that the company and each function within it have what they need to dominate the market without taking on unnecessary risk.
How Legal AI Supports (Smaller) Legal Teams
Managing everything from reviewing marketing materials to negotiating M&A deals, legal teams have to both protect the business and contribute to the bottom line.
Optimizing Your Contract Workflows with CLM
Too many legal teams suffer from manual, ad hoc processes — or worse, having no process at all. It’s why deals take longer to close and the reason for friction between legal and sales at the end of the quarter.
What is SOC 2? Why Your Vendors Must Have It
LinkSquares is proud to announce that it has successfully undergone a Service Organization Control (SOC) 2 Type II examination by an independent, 3rd party auditor. We wanted to provide an overview of what this is, what it means for our customers, and why it’s important. The short answer is that SOC 2 is proof that your customers can rely on you. For the long answer, read on.
What is a Contract Repository and How is it Used?
A contract repository is a fancy term for the method you use to store and organize all your organization's legal agreements, but a modern contract repository solution offers a great deal more than any filing cabinet ever could. In today's world, a contract repository is part of your contract lifecycle management software solution -- one that offers some very specific advantages over other document management tools.
The Biggest Risk of AI Contract Management
Most modern contract management solutions have embraced artificial intelligence technology to build better, smarter software. But AI comes with risks most legal teams don't consider. We're talking about how can lengthen your time to value, which can then endanger your ROI.
Cockpit Counsel: Building Your GC Brand
"I want to be somebody leaders want in the room when discussing the hardest possible things." - Andy Dale, General Counsel & Chief Privacy Officer at Alyce
Unleashing the Power of Legal Metrics with Custom Dashboards
In today's business landscape, data is the most valuable currency. Organizations must make data-driven decisions, and as such, it’s critical for in-house legal teams to adapt and bring their own metrics to the table.
The Top 3 Legal Docs Every Startup Needs
Starting a business and introducing a new product to the market is an exhilarating and fulfilling experience. Once your company is established, you may have developed documents covering corporate operations, stock options, and capitalization. However, these documents may not be sufficient, especially when dealing with other businesses (B2B). To attract your first customers, it is essential to have several key legal documents in place. In this post, we'll take a closer look at the three most impo
5 Benefits of Contract Tracking
How do you currently store your contracts? Do you use DropBox, Google Drive or your local shared drive? Or have you taken steps to implement a contract management solution? Contracts are a critical component of any legal team's day-to-day operations. This blog post will discuss five benefits of implementing an automated contract tracking system into your processes. Whether you're just getting started or looking to optimize existing practices, learn how investing in practical solutions can save t
Cloud vs. On-Prem Tools for Legal Teams
So, you're in the market for some software, eh? Well, before you go making any decisions, let's talk about the age-old question: on-premise or cloud-based? Trust us; you'll want to go with the cloud-based option. Here's why:
5 Spreadsheet Functions Every Sales Person Needs to Know
Do you cringe when you hear the word “spreadsheet” or dread using Microsoft Excel or Google Sheets to perform a task? Well fear not, we are here to turn you into the Superman of spreadsheets! With a few essential spreadsheet functions and Excel formulas, sales reps can analyze data faster, reduce manual work, and get more value out of every Excel sales spreadsheet.
Due Diligence: Boxes to Check Before Signing a Contract
According to Wikipedia, “due diligence” is an investigation of a person or business prior to signing a contract. But this simple definition doesn’t do this term justice. Due diligence is about knowing everything there is to know about the company, product, stakeholders, financials, risks, and rewards of a deal. It's up to the person doing the deal to act as the legal representative and not miss any details.
Employee Spotlight: Shelby Gast
Meet Shelby Gast, the Team Lead for Sales Strategy here at LinkSquares.
LinkSquares Surpasses 1,000 Customer Milestone Due to Market Demand
LinkSquares, the leading AI-powered legal technology partner of choice, has surpassed the 1,000 customer milestone due to skyrocketing demand for its award-winning, custom-built legal solutions. In-house legal teams at Wayfair, Igloo, ProPharma, The Boston Celtics, Commvault, and more, trust LinkSquares to manage their entire workload effectively and efficiently — and clarify their impact across the business with data-backed insights.
What Are ESIGN and UETA?
If you work in-house on a legal team, chances are you've come across the terms Uniform Electronic Transactions Act (UETA) and United States Electronic Signatures in Global and National Commerce (ESIGN) Acts. But what do these acts actually cover? What's the difference between the two? Read on for a quick and dirty overview.
How OCR Tools Work for Contract Management
Every legal team needs OCR tools to adequately function in the modern business environment, but OCR tools are particularly relevant for contract management. When a staggering percentage of contracts are still stored or signed on paper, you need a means to digitize these paper agreements so they can be usefully loaded into your contract management solutions.
MBO Partners’ finance team accelerates financial reporting and risk management with LinkSquares
MBO Partners is a technology platform that streamlines business relationships between skilled independent professionals and large enterprise organizations. Founded in 1996, MBO has experienced significant growth in recent years, fueled in part by the surge in remote work and the subsequent rise in demand for independent contractors. As a lean company dedicated to providing exceptional service to its roster of well-known enterprise customers, MBO is continually seeking to develop and maximize eff
Asana vs. Monday vs. Jira vs. Zendesk vs. LinkSquares Prioritize: Choosing the Right Tool for Legal Task Management
At the core of an organization lies the legal team. Nearly every team in an organization relies on legal, whether it’s to review agreements, content, licensing, or handle litigation. And they have the hectic to-do list to prove it.
Tips for Contract Redlining to Close More Deals
Welcome to How to Redline, presented by LinkSquares. Our goal here is simple: We want to help you close deals with ease with the best redlining practices. So, let's dive right in! In this post, we'll cover common redlining mistakes to avoid and share tips and tricks to help you close those deals smoothly. Read on and equip yourself with the tools you need to negotiate efficiently and close deals in no time.
Boston Business Journal Names LinkSquares a 2023 Best Places to Work Company
We are thrilled to share that the Boston Business Journal has named LinkSquares to its 2023 Best Places to Work list, ranking No. 3 within the Large Firm category. The Best Places to Work is BBJ’s exclusive ranking of the Massachusetts companies that have built outstanding work environments for their people.
How CLM Helps With SOX and Contract Compliance
In the early 2000s, corporations like Enron and Worldcom mismanaged their funds, hid their losses, and lied about it to investors. This left a bad taste in the American public’s mouth, so government regulators enacted the SOX Act to mandate contract compliance and prevent future corporate scandals as much as possible.
Revenue Operations Software: Why CLM Needs to Be a Part of RevOps Tech Stack
Revenue Operations — or RevOps — is one of the fastest-growing job functions in modern business. Many companies are starting to see the value of incorporating a function whose primary role is optimizing the revenue generation process.
What is enterprise legal management?
Enterprise legal management (ELM) has become essential to both legal departments and the company as a whole. From contract lifecycle management (CLM) to task management, many legal to-dos have become easier to execute thanks to digital transformation in legal departments.
Contract Analysis for Procurement Professionals
Managing vendors is no small task, and today's procurement teams are faced with a large number of contracts to manage on a regular basis. Without the right tools and workflows in place, organizing so many vendor relationships can prove tedious and complex. Often, procurement professionals are working across the company with a combination of one-time, short-term, and long-term contracts. Is this the only way? Surely, we can do better. So, how can procurement experts simplify this process? With AI
What Are Customizable Contracts?
Given the speed of modern business, creating a new contract from scratch for every new deal isn’t feasible or efficient. Instead, your business — and overburdened legal team — should take advantage of customizable contracts and contract templates.
Employee Spotlight: Jason SanMarco
Meet Jason SanMarco, a Senior Product Designer here at LinkSquares.
Pros and Cons of Building vs. Buying Your CLM Software
While most legal professionals understand the benefits of CLM, there is still a debate about whether or not to build their CLM solution in-house or buy it from a third-party vendor. We’ve written about why a homegrown CLM is a lousy idea – check out that perspective here. That said, there are pros and cons to consider for everything, and legal leaders need to weigh each choice against business goals, needs, and capacity before making a truly informed decision about which one is right for them.
Why Legal AI Can’t Replace Lawyers
The radio. VHS tapes. Computers. When these technologies hit the scene, the public nearly lost its mind. Filmmakers fretted that VHS would put an end to the movie industry, the creator of the radio worried that invention would do more harm than good, and in the 90s, lots of people suddenly came down with bouts of “computerphobia.”
LinkSquares Named a Leader in The Forrester Wave™: Contract Lifecycle Management, Q2 2023 Report
We are thrilled to announce that LinkSquares was among the select companies Forrester invited to participate in The Forrester Wave™: Contract Lifecycle Management, Q2 2023 report. In this evaluation, LinkSquares was named a Leader in Contract Lifecycle Management (CLM). Forrester used 26 criteria to evaluate contract lifecycle management providers, separating them into Leaders, Strong Performers, Contenders, and Challengers. The Forrester Wave™ focused on the 13 most significant players in the s
What Are Document and Contract Redlines?
Contract redlines are a central — and sometimes painful — aspect of any contracting process. Redlines are essential to strategic alignment with external stakeholders as part of the negotiation process.
3 Things They Didn’t Teach You in Law School
In law school, you become proficient in researching case law, preparing arguments, and comprehending readings to participate in class discussions. However, that just meets the pre-requisite for working in the legal field, especially in-house. To really be successful, you need an all-around education—like knowing how to negotiate commercial contracts, maintain a healthy work-lief balance, and build strong relationships with sales. But, they don't teach you all that in law school.
Workflows for Better Collaboration Between Legal, Finance, and Procurement
Legal, finance, and procurement are the backbone of a healthy company. Without them, money, contracts, and tech — 3 essentials for any business — are all at risk. Business growth will inevitably be stunted when they aren’t aligned and lack collaborative workflows for shared processes.
How to Find Mentors for CEOs
Throughout our careers, we often need someone to turn to for advice, whether it be a manager, colleague, or coach. As a CEO, however, there are very few people you can turn to for direct and ongoing advice as your responsibilities increase exponentially. And, well, you don’t know everything about everything. You need someone who has (or is) facing similar issues and opportunities, who has effectively handled the growth of their own business, and who can give you unvarnished and thoughtful input.
Benefits of Cloud-Based Legal Software
Believe it or not, there was once a time when lawyers through a word processor and fax machine were enough. Spoiler alert: they weren’t.
3 Benefits of a Centralized Contract Management System
Not all contract management is created equal. One method leans on spreadsheets, emails, hope, and prayer. The other is a centralized contract management system where everything from contract creation to storage and renewals happens in one place.
The Growing Role of Legal Tech in M&As and Fundraising
Things are not quite business as usual in the venture capital world these days (or in most industries, for that matter). Year-over-year global VC funding dropped 53 percent in the first quarter of 2023 from the same period last year. Entering this year, the venture investments were at very low levels, and the recent collapse of Silicon Valley Bank has stunted a potential rebound anytime soon. With uncertainty across the economic landscape, it's not just VCs who are executing caution; global merg
Contract Negotiation Confidential: 5 Essential Tips
When handling contracts, agreements, and disputes with third parties, in-house legal teams are the first point of contact. Our new guide, Contract Negotiation Confidential, explores how to maximize your negotiation outcomes and sharpen your skills based on advice from seasoned lawyers. Below are five negotiation tips and strategies that can help you navigate through complex situations. Better yet, grab the complete guide to negotiating here.
Do You Feel the Need for Contract Speed?
ICYMI: CLOC CGI 2023 I just returned from Las Vegas after a great few days with the LinkSquad sponsoring and speaking at the 2023 CLOC Global Institute conference (CGI 2023) in Las Vegas. This annual gathering brings together legal operations, GCs, technologists, and industry experts from across the globe to discuss innovative strategies and approaches to the legal profession. This year, I had the privilege of hearing from a wide variety of expert speakers, including Alisa De Dominicis, Celina C
The GC’s Guide to the First 90 Days
First-time General Counsel? Or, did you just start at a new company? Either way, those initial few months are crucial to setting the tone for your own success. For anyone looking for advice on how to get started, we’ve put together a collection of day-one and long-term advice from our very own CLO, Tim Parilla, who’s been there a time or two.
What Is A DPIA and Why Is It Important?
General Data Privacy Regulation (GDPR) has been one of the major players in changing business and public attitudes toward data privacy and protection. It went live in 2018 with some of the most stringent privacy directives companies had seen to date and hefty fines for noncompliance.
What is OCR and Why Do Legal Teams Need It?
What is OCR: Optical character recognition (OCR) is a technology that automatically extracts text from images and converts it into a machine-readable format.Why Legal Teams Need OCR: OCR allows legal teams to convert legacy scanned or faxed legal contracts into searchable, editable text that can be efficiently integrated into modern legal document management and contract analysis systems Lawyers deal with lots of jargon and acronyms, but one your legal team absolutely should add to their lexicon
Build Your Network: Legal Groups and Leaders to Follow
If you’re a legal leader looking for a community, advice, or mentorship – this post is for you. Finding insights from professionals you trust isn’t always easy. We took feedback from legal experts and have put together a list of the industry groups to join and leaders to follow. The education and network you need as an in-house legal hero are closer than you think. Check it out.
6 MUST-LISTEN Podcasts for In-House Legal
Back in the day, when legal professionals wanted to learn more about their industry, they visited the law library, attended conferences, and read white papers. Today, in addition to these traditional resources, they have access to thought leaders and subject matter experts via YouTube, LinkedIn, podcasts, and even TikTok.
LinkSquares Introduces Enterprise Legal Management Platform
Today, we are thrilled to announce the LinkSquares Cloud, an enterprise legal management platform purpose-built to meet the increasing needs of the legal function and extend its impact across the organization. We’re doubling down on our investment in SaaS solutions designed specifically for the legal buyer. Our deep customer insights into the growing influence of legal departments make this first step beyond CLM – towards a multi-solution company – a natural evolution.
3 Ways CLM Benefits Revenue Operations
The revenue operations team, or RevOps for short, is all about streamlining earnings generation and making it both predictable and scalable. To do this well, they must unify the revenue engine — marketing, sales, product, and customer success (CS) functions — through goals, processes, and technology.
LinkSquares Launches ELM Platform in First Offering Beyond CLM
LinkSquares unveiled LinkSquares Prioritize, a legal task management and intake tool. The offering will be part of LinkSquares Cloud, a new enterprise legal management (ELM) platform.
Employee Spotlight: Heather Soukas
Meet Heather Soukas, a Senior Technical Solutions Attorney here at LinkSquares and proud mom.
Compliance Best Practices
Strong compliance is more than just policies — it’s a culture fostered by compliance officers and the rest of the business. On a recent episode of Cockpit Counsel, Danielle Maglente, General Counsel at Plum Voice, shared insights on how she navigated this space early on in her career – and how she runs successful programs today. Below I dive into some of the main takeaways.
LinkSquares Named to Inc. Magazine’s Annual List of Best Workplaces for 2023
We are thrilled to announce that LinkSquares has been named to Inc. magazine’s annual Best Workplaces list. Inc.’s 2023 list is the result of a comprehensive measurement of American companies that have excelled in creating exceptional workplaces and company culture, whether operating in a physical or a virtual facility.
5 Female Legal Leaders In Boston to Follow
As of April 2023, women make up 55% of the American workforce. In every industry imaginable, women are making strides and achieving amazing goals in their chosen field — from sports to pharmaceuticals. And the legal industry is no different!
Now Live: Dynamic Language in LinkSquares Finalize
We are thrilled to announce that Dynamic Language is now LIVE in LinkSquares Finalize!
What’s on Third-Party Paper? Here’s How to Figure It Out.
Try as they might, legal teams don’t draft every agreement their organization signs. Sometimes, you have to sign someone else's contract, otherwise known as third-party paper. It isn't a problem when third-party paper is managed responsibly, but too many businesses don't have a handle on the liabilities hidden in their external agreements.
Pros and Cons of Generative AI for Legal
We’ve been paying close attention as generative AI, thanks to ChatGPT, has exploded onto the market as the next frontier of artificial intelligence (AI). Generative AI is a rapidly evolving technology that has shown great promise in many areas, including the legal profession. However, as with any new technology, implementation has pros and cons. In this post, we’ll explore some of the advantages and disadvantages of using generative AI for legal that we’ve seen to date:
Guide to Cross-Functional Collaboration for Legal Teams
In 2023, silos are out, and cross-functional collaboration is in.
What Legal Teams Need to Know About Generative AI
Generative artificial intelligence (AI) is a rapidly emerging technology that has the potential to revolutionize many professions, including legal. This blog post will answer frequently asked questions about generative AI and what legal teams should know about it.
3 Alternative Ways to Use Your JD
For many law students and graduates, there are two possible paths after law school: big law or in-house. Even then, grads often lean towards law firms because the traditional path encourages them to spend a few years in big law before moving in-house.
The New and Improved LinkSquares Knowledge Base
We’re excited to share that LinkSquares Knowledge Base has been updated to better empower our users! I’m Ethan Walfish, and I lead the Support Team here at LinkSquares. As I think about supporting our customers, one of the most important elements is having the information users need readily available.
What Lawyers Should Know About Smart Contracts in 2023
From contract management to AI, legal teams are embracing the digital revolution of modern businesses. So many tools that can help legal make light work of their overburdened to-do list are cropping up on the market, and savvy legal teams are adopting them with increasing frequency.
CLM Salesforce Integration: 3 Benefits You Should Know
Peanut butter and jelly. Bonnie and Clyde. Salt and pepper. Each piece of these pairings is good enough on its own, but together, they are iconic.
Grow Your Legal Team With These 8 KPIs
Back in the day (before a global pandemic entered our collective reality in 2020), the number of people in the office from Monday to Friday accurately depicted a team’s size. But now, remote and hybrid teams are the new normal. As a Forbes article on the future of work put it, “there is no way to put this genie back in the bottle.” Work-life won’t go back to the way it used to be.
Employee Spotlight: Tucker Myhre
Meet Tucker Myhre, one of the newest members of the LinkSquad. Tucker is an Implementation Consultant within the Customer Success division of our organization. He guides customers through our product, customizes it to their specific needs, and provides plenty of good vibes and positivity while doing it. Although he’s busy, Tucker is also an active participant and valued leader on our DEI&B Committee.
A Deep Dive into the LinkSquares Finalize for Microsoft Word Integration
Every integration has unique features, and LinkSquares Finalize for Microsoft Word integration definitely stands out in the market. The Microsoft Word integration was meticulously designed to keep you in the tool you know and love, ensuring minimal disruption to your already established workflow. You have access to all the features of Microsoft Word but also can edit, review, and approve contracts effortlessly using LinkSquares Finalize. Our integration also lets you closely collaborate with you
DocuSign vs. Adobe Sign vs. DropBox Sign vs. PandaDoc vs. LinkSquares Sign
DocuSign vs. Adobe Sign vs. DropBox Sign vs. PandaDoc: We break down the pros and cons of each esignature solution to help legal teams select the best for business.
Introducing the LinkSquares Finalize API
We are so excited to introduce the LinkSquares Finalize API, rounding out our LinkSquares API. With the Finalize API, you can integrate virtually any system with LinkSquares Finalize.
Tips for Smooth Change Management in Legal
As businesses become more sophisticated, legal departments are going through an internal transformation. More legal teams are adopting new technology to reduce their workload, better processes to improve efficiency, and cultivate a more innovative mindset to step into the 21st century.
4 New Approaches to Leadership During This Time of Tech Anxiety
Nobody is immune from economy-fueled anxiety, least of all leaders in a sector that’s seeing companies big and small downsize. There is little doubt the year ahead will be tough for you, your customers, and your partners. It will also test your friends and employees, plus other business leaders you know.
Machines with Meaning: LinkSquares’ Path to Tackling Legal Pains with Artificial Intelligence
It’s an exciting time in the world of artificial intelligence (AI). As the news cycle has erupted with bylines such as "The AI Arms Race is Changing Everything," you may be a bit overwhelmed as you evaluate contract lifecycle management (CLM) providers that tout AI capabilities. It’s helpful to break this topic down by asking not what the state of AI is overall but what AI can do for you and your business needs. This unprecedented time of innovation brings us back to the root of why and how we b
How CLM Strengthens Business Operations
Every business unit in the entire organization can benefit from the unique capabilities of contract lifecycle management (CLM). A well-implemented CLM system streamlines and improves the contracting processes, strengthens partnerships, and increases transparency and productivity. Adoption of legal technology, such as CLM, is rapidly increasing across all stages of businesses, and the benefits to the legal teams and the businesses as a whole are elevating the status of the legal function from mer
How to Redline
Trading contract redlines back-and-forth can feel like a tennis match, and it’s not just about making edits. Knowing how to redline effectively will save time and create a better experience for all stakeholders involved. Ineffective redlining can also push internal customers (like sales, customer success, or marketing) towards viewing legal as a roadblock instead of a partner. Knowing how to redline well saves time and creates a better experience for all stakeholders involved.
Esusu accelerated deal cycles and reduced redlining by two business days with LinkSquares
Embodying the adage of “doing well by doing good,” New York-based Esusu is the leading financial technology company advancing rent reporting and data solutions for credit building across the United States. Esusu's rent reporting platform captures rental payment data and reports it to credit bureaus to boost credit scores. In addition to earning credit improvement, renters also have access to apply for 0% interest rent relief in times of financial hardship, and can access a suite of resources lik
Why eSignature Is Crucial to the Contracting Process
No matter how many deals you have in your pipeline or how talented your sales reps are, without a streamlined way to collect signatures on your contracts, you won’t be able to close deals quickly and collect revenue on time.
3 Data Privacy Changes for Legal Teams to be Aware of
As privacy regulations have evolved and changed over the years, so has the role of in-house legal teams–especially enterprise organizations looking to scale. The year 2023 marks the fifth anniversary of the notorious EU General Data Protection Regulation (GDPR) legislation, which ushered in a new era of heightened worldwide security and data privacy expectations. While in-house legal should still focus on monitoring and staying compliant with the GDPR, they should also arm themselves against som
How to Prevent Revenue Leakage Due to Auto-Renewals
To avoid the tedium and process errors that come with manual renewals, subscription-based SaaS companies have implemented auto-renewals. Auto-renewals allow companies to collect payments regularly — monthly, quarterly, or yearly — to generate predictable income and forecast accurately.
Introducing PinkyLink: The John Hancock of the 22nd Century
As part of a busy legal team, you’re always looking for ways to make the contract process more efficient. You’re also trying to usher your legal team into the 22nd century.
What You Need to Know About NDAs
To maintain competitive advantage, businesses often have to play their cards close to the chest. This means crucial information like business metrics, product roadmaps, and strategic plans need to stay in-house and are only circulated among trusted people.
3 Best Practices to Navigate Return-to-Work Mandates
The dust has begun to settle for many employers in a nearly post-pandemic world, and conversations around return-to-work mandates are rapidly evolving. As McKinsey put it, “The flexible working world was born of a frenzied reaction to a sudden crisis but has remained as a desirable job feature for millions.” So if your company is one of many establishing a return-to-work mandate, how do you effectively navigate the transition as in-house counsel? In this blog post, we'll explore three best pract
LIBOR Transition: 2023 Updates
As the June 30, 2023 expiration date for London Interbank Offer Rate (LIBOR) approaches, businesses should assess impacted contracts and ensure adequate benchmark fallbacks are in place. Here is a rundown of what you need to know before the June 2023 LIBOR replacement date.
Making Good Legal Hiring Decisions
The nature of the legal function has drastically shifted from reactive to proactive. As a result, the criteria for making smart legal hires has also changed. As LinkSquares Chief Legal Officer (CLO) Tim Parilla writes, “Gone are the days where being a good lawyer was good enough; the best in-house attorneys can succinctly and effectively provide actionable perspectives from both the business and the legal perspectives.” This means making good hiring decisions requires more than just hiring candi
How to Master Contract Review with LinkSquares
Contract review is a critical component of any legal team’s workflow. Some legal team members even spend the majority of their time reviewing contracts. Contract review requires a good amount of time and resources, especially if it’s being conducted manually.
How to Build a Sales Contracting Process
On the day of the big game, you don’t send a quarterback into the field unless they know the team playbook backwards and forwards. Otherwise, they won’t know which plays to call, and you end up with a team running aimlessly around the gridiron and hoping for the best. Similarly, your sales team needs a contract playbook to know what plays to call during the sales cycle. For example, do your reps know what to do when the signer proposes new terms for your standard MSA? Do they punt it back to leg
CPRA: How Legal & Marketing Can Collaborate to Ensure Compliance
Despite a few roadblocks at the end of 2022, the California Privacy Rights Act (CPRA) will go into effect early 2023. The clock for ensuring that your website is compliant has officially started. The CPRA, an update to the California Consumer Privacy Act (CCPA), is a privacy regulation that gives consumers more control over how their data is used. The regulation applies to businesses that collect personal data from more than 100,000 California residents, whose gross annual revenue exceeds $25 mi
How to Redline a PDF Contract
Welcome back to our series on redlining, a crucial activity for in-house legal teams. Since contracts are central to all business transactions, redlining — the process of making substantive or line edits to contracts during the negotiation process — is pivotal to protecting the business.
How to Redline in Google Docs: Step-by-Step Contract Redlining Process
What is Redlining? Redlining a contract is the process of proposing tracked edits to agreement language during negotiation so all parties can review, approve, or reject changes transparently. And without the right tools, it can be painful. Since redlining is one of the most critical steps in the contract lifecycle management process, it’s important that it is as seamless as possible.
How to Redline a Contract In Word
Redlining, a central component of the contract negotiation process, is the process of making line edits or substantive changes to the content of a contract to reflect terms that each party is satisfied with.
What Generative AI Means for the Future of Legal
Before writing an essay, you need basic knowledge of the topic. So you read articles and research reports, listen to experts, and do your homework. Without this foundational knowledge, your content will be flat, and people familiar with this topic will be able to tell you didn’t do your homework.
Employee Spotlight: Erin O'Leary
Erin O'Leary is an Enterprise Sales Director and a LinkSquares OG. She joined the LinkSquad back in 2018 and has never looked back since.
How Legal Can Facilitate Sales Deals With a CLM and Salesforce Integration
Let’s say you have the hottest sales team on the block — you were lucky enough to recruit high-performing reps, and you’ve structured a well-balanced team with AEs, BDRs, and sales managers who are clever and driven. They know your product and your audience and how to sell the former to the latter. You feel really good about your chances of improving your sales performance because you have good people on your team. Now the question is, do you have good processes to support your all-star team? Ev
3 Ways to Hit the Ground Running with LinkSquares CLM
Procuring a new Contract Lifecycle Management (CLM) tool is like going to the new all-you-can-eat spot down the street. Everyone is talking about it so you know it’s good, and the range of options offered is exhilarating. But when the time comes to dig in, you don’t know where to start. Suddenly the choices feel overwhelming, and you freeze. In the grand scheme of things, this is one of the better problems to have — certainly better than knowing what you need without understanding how to get it.
Why You Need CLM for M&A Due Diligence
Going through mergers and acquisitions is a powerful strategy for market domination. Two companies uniting their product lines and updating the solutions they offer their customer base is a smart way to get ahead of the competition. But M&A activity can also be hectic, especially when a company is disorganized. Companies that don’t undergo M&A activities regularly can quickly find themselves overwhelmed when performing due diligence, the most necessary evil. Due diligence is essentially the proc
3 Things You Need to Know About Pay Disclosure Laws
Pay disclosure laws, or wage transparency laws, have been a d topic of conversation in HR and legal spaces over the past couple of years. The discussion has been renewed as New York state – following on the heels of the New York City Local Law 59 – recently approved a salary transparency bill that takes effect in September 2023. These laws make it a legal requirement for employers to list the minimum and maximum salary ranges for new job listings “in good faith.” Supporters of this legislation s
The Inexact Science of Titles for the Legal Department
There are many ways to structure a legal department. As the saying goes, there’s more than one way to skin a cat.
10 Outdated Laws That You Might Have Broken
As society evolves, new laws are created in order for governments to adapt to the changing needs of their citizens. However, this means that many old laws become obsolete with these changes. While some get removed from the books or updated, some fly under the radar, staying active for years after their relevance has declined. Here are a few funny old laws that are still on the books today.
2023 Planning Checklist: How to Stay on Track Each Quarter
It’s never too early to plan for the end-of-quarter rush. It’s crucial to start strong so you don’t get stuck playing catch-up at such a high-stakes time for the company.
Should Robots Practice Law? (According to ChatGPT)
There is much hype, excitement, and potential promise in the new AI Chatbot technology ChatGPT from OpenAI. What is it? Why is it so groundbreaking? How can it potentially be used with legal language? Should it be used to practice law? I decided to go straight to the horse's mouth for the answer, and below is the discussion that resulted.
Employee Spotlight: Ann Zissu
Today’s employee spotlight features Ann Zissu, a Sr. People Success Partner and invaluable member of the LinkSquad. Ann is committed to helping employees achieve their goals here at LinkSquares, whether it’s performance management, holding a leadership position on our Diversity, Equity, Inclusion & Belonging (DEI&B) committee, or organizing employee recognition programs.
How CLM Benefits Other Teams
While Contract Lifecycle Management (CLM) software is a big help to overburdened legal teams everywhere, you unlock its full potential when you bring in other departments.
The GDPR Impact on Corporate Legal Teams
The General Data Protection Regulation (GDPR) has been in effect since 2018 and continues to impact corporate legal teams in the UK. The GDPR is an EU regulation that requires organizations to protect the personal data and privacy of their customers and employees. As a result, many corporate legal teams have had to make changes to their processes and policies in order to remain compliant with the new regulations.
What is an API?
In today’s workplace, we rely heavily on software to manage and track our work. Organizations have, on average, 254 apps in their tech stack. While that number seems staggering, it’s hard to imagine where we’d be without our myriad of tools.
Prepare for a Leave of Absence with LinkSquares
Life as an in-house legal professional gets hectic, fast. The day-to-day includes working with different departments on various requests with differing due dates and reporting needs.
3 Reasons You Need a CLM With Built-in eSignature
With budgets tightening these days, many legal teams are searching for ways to become more efficient and do more with less. It’s become increasingly difficult to justify the time and money spent on standalone tools that only do one thing – no matter how well they do it. Consolidating your vendor list is one of many ways to increase your legal team's efficiency.
Breaking Down Silos: The Power of Legal and Procurement Alignment
If you're part of a legal or procurement team, chances are you've seen it firsthand: the time-consuming and inefficient process of getting new contracts vetted, approved, and signed. While it's natural for the two departments to work independently, silos can lead to inefficiencies and prevent teams from realizing their full potential. But here's the good news: by encouraging collaborative partnerships between legal and procurement—breaking down silos—teams can start seeing major improvements to
5 Signs It’s Time to Invest in a CLM Solution
Contract Lifecycle Management (CLM) software just makes life easier. Legal teams that use CLM get more done with less, collaborate efficiently with other departments, and orchestrate a smooth contracting process for the entire business.
3 Game-Changing Legal Ops Trends
The legal industry is changing rapidly with new technology that allows in-house legal teams to make massive productivity improvements. It’s important to stay up to date on these trends to stay at the top of your game. Here are some of the biggest legal operations technology trends that you should know about.
Employee Spotlight: Bowie Sieli
Bowie is a person with many talents, interests, and hobbies. His day job involves lots of one-on-one time with new hires on the Revenue Operations and Implementation teams and deep dives into developing training content.
LinkSquares Earns Spot on G2’s 2023 Best Software Awards
We’re so excited to announce that we have been named to G2’s 2023 Best Software Awards, placing No. 44 on the Top 50 Sales Products list and No. 89 on the Top 100 Fastest Growing Products list. This is our second year in a row being on the Top 50 Products list and the first year on the Top 100 Fastest Growing Companies list.
Are eSignatures Legally Binding?
With the world increasingly going digital, it's no surprise that more and more businesses are relying on electronic signatures (eSignatures) to get things done. But are eSignatures legally binding?
3 Steps to Minimize Contract Management’s “Time to Value”
Any time you are evaluating software solutions, you need to think about “time to value,” or the amount of time it takes for a technology to deliver value. Think of it as the amount of time it takes a tool to either save you money or make you money. This is especially relevant for legal professionals since they have a specific dollar value on each hour of their time.
Dispatchhealth Uses Linksquares to Stay Compliant and Reduce Employment Agreement Creation Time by 50%
Founded in 2012 and headquartered in Denver, Colorado, DispatchHealth brings hospital-level care to patients in their homes in nearly 50 markets across 30 U.S. states. To serve such a large geography, DispatchHealth leverages thousands of clinical employees, including physicians, physician assistants, nurse practitioners, registered nurses, and medical technicians. They deliver comprehensive and convenient in-home healthcare experiences, ranging from urgent responses for one-time injuries to ong
6 Tips for Smoother Contract Workflows in 2023
When each stage of your contract process flows smoothly from one to the other, you’re less likely to experience delays. Your contracts go where they need to, and they get there fast. A seamless process means your deals close faster, your cross-functional teams are on the same page, and your business recognizes revenue on time every quarter.
Why Legal Needs the Best OCR Software
So, you’ve grown tired of seeing your legal team cry into their coffee and have finally decided that contract management software is the way to go. Good call. Contract Lifecycle Management (CLM) software is a powerful way to organize and streamline your contracts and reduce the strain manual contract management puts on your team.
How Legal Can Improve Deal Acceleration by Partnering With Sales and CS
After a doozy of an economic year in 2022, business leaders are setting new goals. The last few years have shown that when companies balance being practical with having an exciting vision, they are well-positioned to withstand challenging circumstances. Going into this new year, strategic units across the business are starting strong by improving deal acceleration.
A People-Focused Approach to Wellness at LinkSquares
I’m Kayla Stockman, a Sr. People Operations Specialist at LinkSquares. Being part of the LinkSquad is something I'm passionate about, and my goal is to help create an environment where our entire organization can thrive. From onboarding and offboarding to benefits coverage and wellness initiatives, I believe that having a holistic approach to wellness is essential for start-ups.
The Right Work Culture for In-House Lawyers
Looking for the perfect work culture fit can be challenging, especially when you're an in-house legal professional. It's important to pay close attention during your job interviews and not just focus on what a company has to offer - it’s equally important that they meet YOUR needs too! Are there certain questions or red flags you should look out for? Absolutely! Let’s explore those now, so you know exactly how to spot potential bad apples before committing yourself.
Building A Customer-Driven Product
“LinkSquares is a high-powered solution with excellent user-friendliness and customer service.” - Lance A. Manager of Legal Operations at a Mid-Market Company.
Automated Contract Analysis: The State of Legal AI in 2023
Artificial Intelligence (AI) technology and automated contract analysis have developed rapidly – enabling cutting-edge work in legal departments across industries.
Get Ahead of the Cookie Curve in 2023
In today’s digital age, data privacy is a hot-button issue. With each new development in technology, legal teams have to be on top of their game when it comes to company policy and data privacy efforts. It’s essential that organizations create an effective data collection and consent process for cookies within their organization. That’s why we created our new guide, 2023 Cookie Laws Across the US, to help legal teams stay ahead of the curve and get up to date on all of the latest developments in
Selling the Dream: 3 Trends That Will Impact In-House Legal in 2023
Now is an exciting time to be an in-house lawyer. Business stakeholders realize the tremendous value General Counsels can add to an organization, which is no surprise considering the role legal leaders have played in guiding companies through what has been, on many levels, a tumultuous 2022. As the past year’s challenges carry over into 2023 and new issues surface, in-house teams will be expected to continue driving substantial value to the business.
G2 Names LinkSquares a Contract Management Leader for the Fifth Consecutive Quarter
G2 recently released their Grid Report for Contract Management | Winter 2023, and we’re proud to share that we have been named a contract management Leader for the fifth consecutive quarter! Of the 55 contract management vendors assessed, LinkSquares placed second overall thanks to exceptional scores across the two key metrics: Satisfaction and Market Presence*.
Get Ahead with These Helpful Resources for Busy Lawyers
Welcome back to our third and final installment in this “tips for busy lawyers” series, which is dedicated to helping busy in-house lawyers manage their time, take care of themselves, and find helpful resources to get ahead. If you missed parts one and two, make sure you check them out. Today, we will list some great resources for lawyers looking to stay organized, productive, and successful in their practice.
The Truth About Cloud-Based Editors
Welcome back to the final installment of The Truth About Contract Lifecycle Management (CLM) series where we’re debunking common misconceptions in the CLM space. If you missed the first three posts in the series, you can check those out here, here, and here. If you're all up to date, let's dive in. Today's 4th and final myth is all about cloud-based editors.
3 Tips for In-House Legal Job Hunting in 2023
As the new year approaches, now is the perfect time to start thinking about if you’re happy in your current role. Maybe you’ve been considering making a change, taking on a more challenging role, or even specializing in something new. Looking for a new job can be daunting, especially if you’re an in-house legal professional. But with the right resources, you can land your dream gig. Let’s look at some of the best tactics for job hunting as an in-house legal professional in 2023 and beyond.
Employee Spotlight: Jin Jin Heipler
Meet Jin Jin Heipler, a Front-End Developer here at LinkSquares. When they’re not coding like crazy for our LinkSquares products, they enjoy crushing it in CrossFit (literally), hanging out with their partner B and their friends, and co-leading LinkSquares’ new Employee Resource Group (ERG), LinksQueers.
Managing Anxiety: Tips for Busy Lawyers
Welcome to our blog series on time management and self-care tips for busy lawyers. If you missed part one, check it out here. You’re probably already familiar with the impacts of stress and anxiety. You may have felt overwhelmed or anxious in the past, but the effects of the current economic downturn can make managing your anxiety even more difficult. Fortunately, there are strategies that you can implement today to start changing your life for the better.
The Truth About Optical Character Recognition (OCR)
Welcome back to our series revealing the truth about contract lifecycle management (CLM) solutions. With the help of some new friends, we're tackling common misconceptions about CLM solutions. Need to catch up? Head back to the first two installations of the series here and here. Otherwise, let’s talk about why having a human quality assurance (QA) of your Optical Character Recognition (OCR) is always a good idea.
Playvox Leverages LinkSquares to Onboard Companies Post-M&A and Drive Faster Sales
Founded in 2012, Playvox provides workforce management software to help companies improve quality assurance, streamline employee scheduling, capture customer feedback, and provide improved coaching and training. Since 2020, Playvox acquired two other companies, bringing their total headcount to approximately 250 employees globally, with entities in Colombia, Australia, the UK, and the US.
8 Ways In-House Legal Can Extinguish Burnout
In-house legal professionals have one of the most stressful jobs out there. Balancing business goals, hustle culture, and work-life balance can be a daunting task. With so much responsibility, it’s no wonder that burnout is a common issue for many in-house legal teams. Thankfully, our new guide has 8 Ways In-House Legal Can Extinguish Burnout and start making positive changes today to combat this issue.
4 Contract Storage Best Practices for 2023
While contract storage is only one part of the contract management process, it is crucial for legal teams to get it right for the overall health of your business agreements.
Time Management Tips & Self-Care Strategies for Busy Lawyers
For busy legal professionals, time management and self-care are essential components of a successful career. With increasing job responsibilities and scope of work, it’s hard to find the time to take care of yourself while still being able to handle everything that needs to be done. In this series, we’ll cover some of the top resources available for busy lawyers looking to get more out of their day and prioritize their own well-being.
How to Use CLM Data to Track Legal Team Performance
A decade ago, tracking most kinds of metrics in the legal department was like playing a guessing game. Quantifying legal’s work and the overall team’s performance likely involved some sketchy math.
How CLM Helps You Retain Contract Value
The price of everything has gone up. Whatever came to mind as you read that — isn’t it way more expensive now than it was a year ago? The economy is facing a steady downturn, and in order for companies to weather the storm, they need to tighten their belts and be more strategic in the way they spend money.
Top Moments of 2022 at LinkSquares
Here at LinkSquares, 2022 was an incredible year. From being recognized as one of North America’s fastest-growing companies to winning the AI Breakthrough Award to raising a $100M Series C funding round, we achieved several significant milestones. Before we set our sights on new goals, let’s take a look at the top moments of 2022.
3 Ways to Ensure Your Contracts Are Enforceable
Every company runs on contracts. They set forth the rights and duties of both parties involved and ensure that everyone knows what to expect. Countless potential issues should be considered when drafting and entering into these relationships. Here are three tips to help you make sure your contracts are both enforceable and compliant from the start.
5 In-House Things You Should Have Learned in Law School
The law school curriculum prepares you to be successful in a modern law firm. You learn how to brief a case, what areas of law you’re interested in, and how to argue a point. In theory, this could apply to any practice of law, not just law firms. But how much did your law school education prepare you for life in-house?
Top 5 Legal Technology Trends to Watch in 2023
As we move further into the 21st century, technology continues to play an increasingly important role in our lives—including in the legal profession. The use of legal technology is growing so rapidly that it can be hard to keep up with the latest trends. To help you stay ahead of the curve, we've put together a list of the five legal technology trends that we think will be most important in 2023.
Employee Spotlight: Kiren Latka
Kiren Latka has been part of the LinkSquad for over five years, which is a long time in start-up years. As our Director of Legal Engineering, Kiren oversees how we build strong, accurate, and valuable AI models for LinkSquares customers. She is an invaluable part of our organization with many interests and accomplishments, including an undergraduate degree in English Literature and a Juris Doctor (JD) degree.
Landing a Legal Job During a Recession
Like many job roles, legal professionals have been deeply affected by the global economic downturn. If you're one of these people looking for a new job, you're not alone.
Getting the Band Together: How to Build a World-Class Team
How do the world's best bands work? Alignment and accountability for one. Playing off each other's strengths. Winning and losing together through the great gigs and bad gigs, and boldly improvising and innovating as a team.
How Technology Helps You to Do More With Less
It’s winter again. The clocks have turned back and the daylight hours shrunk. That means you’re probably getting tired earlier and have an unexplainable urge to can some vegetables. Even though your body may want to hibernate, contract requests are at their peak of the year.
LinkSquares Top 10 Features of 2022
The end of the year is approaching, and what an incredible year it has been. We’re rounding out 2022 with a look back at everything we’ve been able to accomplish together.
5 Best Practices for Extracting Value From Legal Tech
Legal technology has gained a secure foothold in the legal industry and has now reached a critical tipping point. Lawyers can no longer be distracted by the bells and whistles, and instead must be focused on identifying and implementing meaningful tools that enable in-house legal leaders to be true catalysts for change across the business. Selling the Dream is a monthly series that separates what is hype from what is real and provides tips for using technology to elevate the status of the in-hou
The Legal Team of One: A Trail Map to Success
The good news is that there has never been a better time to be a legal team of one. GCs and senior legal professionals bring specialized knowledge and skills that are indispensable to the business.Executives need strategic, adaptable thinkers to propel the business forward, and lawyers bring a unique set of skills and, oftentimes a different perspective to the mix when joining a company as an in-house attorney.Becoming a true partner embedded within the business is essential for success, and it
Artificial Intelligence (AI) for Beginners
Artificial Intelligence (AI) is all the rage in the business world. It’s become a status marker, indicating to the public that the company uses AI technology and therefore is a business of the future. Unfortunately, more businesses tout AI than actually use it in their business.
How Legal Operations Helps Boost Company ROI
In the wake of economic uncertainty, it's no secret that many companies are looking for ways to boost their ROI. Many organizations associate functions like sales or customer support as the most valuable contributors. But for legal teams, there is a significant benefit in focusing on the underdog–legal operations.
The Truth About Tags vs. Folders
Welcome back to our four-part series uncovering the truth about Contract Lifecycle Management (CLM). We’re debunking common misconceptions encountered in the CLM evaluation process with the help of some new puppet friends.
The Business Case for CLM
You’ve done enough research and seen enough demos to know that Contract Lifecycle Management (CLM) is exactly what your legal team needs. Your contract process is bulky and weighs the whole team down, and you know that software is the way to streamline your workflow and get better insights into the contracts themselves.
Partnering with Sales to Drive for Q4 Wins
With the end of 2022 in sight, now is the time businesses become hyper-focused on closing deals. Sales activity levels will likely escalate, which means contract requests will not only go through the roof, but each contract will also become the most important contract ever, needing to go out immediately.
Revenue Leakage, Runway, and Burn Rate: What In-House Legal Needs to Know
Legal teams are used to being scrappy and resourceful – always looking for ways to do more with less. But what happens when the economy takes a turn for the worse, as we’re seeing today? If you’re like the majority of businesses, the company is feeling the squeeze, and everyone is looking to legal for help.
Leverage Technology to Boost Your Legal Team’s Status
Welcome back to the blog series all about boosting your legal team’s reputation. If you missed the first posts in this series, start here. Finally, here’s the last step: Let technology work for you.
The Truth About Legal AI
As you search for the best Contract Lifecycle Management (CLM) tool for your legal team, you’ll likely hear some myths about how to best evaluate a solution based on your needs. To help you in your search, we’ve put together a four-part blog series. With the help of some new friends, we’ll tackle the most common misconceptions about CLM solutions.
Cookie Laws Across the US
Data privacy laws are increasingly shaping how websites operate across the globe, and cookie laws in the US are a key part of that landscape. As of today, the United States does not have a single federal cookie law, but a growing patchwork of US data privacy legislation, especially at the state level, governs how companies must handle cookies, consent, and personal data. Consumer awareness of these issues is on the rise, and studies show that most users are unlikely to do business with a brand t
In-House Legal Salary Trends for 2023
As we move into the new year, many in-house legal departments are wondering what the top in-house legal salary increases and trends will be for 2023. While no crystal ball can tell us definitively what the future holds, we can take a look at recent trends and make some informed predictions. Here are a few of the top in-house legal salary increases and trends to keep an eye on in 2023.
How to Get Ahead With Contract Analytics
Quick question: How many contracts did your company execute in the last year? If that’s too far back (which it shouldn’t be), how about the last two quarters? What about how many contracts are currently in effect? Which contracts have the highest value, and how many contain the most up-to-date version of your indemnification clause?
Saatva Saves $50,000 After Two Months of Leveraging LinkSquares
“Democratize sleep.” That has been the goal of Saatva’s founders since they launched their direct-to-consumer mattress brand in 2010. By selling directly to their customers, Saatva eliminated retail space costs and middle party mark-ups to sell luxury mattresses at competitive prices. By 2020, the company reached $375 million in annual revenue and is expected to surpass that in 2022 with their continued growth and expansion in the home furnishings space. Throughout this rapid growth, Saatva reli
A Guide for CLOs and GCs to Optimize the Legal Function
Corporate legal functions are rapidly changing. By and large, general counsels (GCs) and chief legal officers (CLOs) understand the evolving nature of the role. Today’s CEOs are expecting more from legal leaders. Gone are the days where being a good lawyer was good enough; the best in-house attorneys can succinctly and effectively provide actionable perspectives from both the business and the legal perspectives.
Developing a Data Devotion on Your Legal Team
Welcome back to the blog series on transforming legal operations at your company. If you still need to complete the first two posts, start here. If you’re all caught up – let’s just right in and talk data!
4 Ways to Develop a Contract Management Process
Before the dotted line is signed, contracts can face a long journey. Like vulnerable creatures leaving home for the first time, they often face challenges along the way (we’re talking about YOU, scanned PDFs.)
LinkSquares Ranked 100th Fastest-Growing Company in North America on the 2022 Deloitte Technology Fast 500™
LinkSquares, the company behind the AI-powered contract management platform of choice, announced today that its award-winning year continues as the company ranked 100 on the Deloitte Technology Fast 500™ list, earning a top position for the second year in a row. The company also announced its inclusion in the Inc. Power Partners Awards, an inaugural list featuring B2B companies that consistently exceed customer expectations. Additionally, LinkSquares’ leadership team members, Chief Marketing Off
Ways Your Company Can Give Back This Thanksgiving
Thanksgiving is not just the pit stop between Halloween and Christmas. It’s a time to be thankful, especially after a year that’s been so challenging for many businesses. If your team weathered the storm and came out on the other end safe and stronger, Thanksgiving is the time to show your gratitude.
4 Things You Didn’t Know About Cybersecurity
Halloween is over, but the same can’t be said for the cybersecurity risks that haunt legal every day. With Cybersecurity Awareness Month behind us, it would be nice to pack up data privacy concerns with the fake spiderwebs and trick-or-treat candy buckets of yester-month.
Employee Spotlight: Gig Walsh
LinkSquares appreciates all those who have served in the military. This Veterans Day, we’ve got an extra-special employee spotlight featuring our Senior Director of Security and Compliance, Gig Walsh, who served in the Marine Corps for 6 years.
How to Build an Innovative Legal Ops Team
Building out a legal ops function that overshoots the mark isn’t easy, but it’s worth it. In this blog series, we’ll cover the three principles that will transform your legal ops practices. If you missed the first principle, check it out here. All caught up? Let’s dive in.
Use Data to Enhance Your Legal Team’s Influence
Welcome back! We’re showing legal leaders how to boost their teams’ influence and reputation. These tips will help deliver the distinction they deserve. If you missed tip #1, check it out here. Let’s dive into our next tip: how to leverage data to influence change.
What Happened in Vegas: An Overview of ACC 2022
The Association of Corporate Counsel (ACC) is the world's largest organization of in-house counsel, with more than 45,000 members in 85 countries. Every year they hold their annual meeting to discuss the latest trends and issues facing the legal profession. This year, the ACC's annual meeting was held in Las Vegas, and we were lucky enough to be in attendance.
National Coming Out Day
October 11th was National Coming Out Day, and everybody has a different coming out story. Some look back and recall how much their hands shook and heart raced as they worked up the courage to say those two words. Others, however, were not afforded the luxury of planning. They were forced out, before they were ready, with the deepest parts of themselves exposed for the world to see. There were also those who didn’t “come out” at all—at least not in the traditional sense. Those people always knew
How to Strengthen Legal Ops at Your Company
The role of legal operations is having its well-deserved moment in the spotlight. We’ve written on the blog about legal ops and the wide-ranging benefits of adding this team of professional efficiency drivers to your team. Publishing firm Legal 500 also pushes General Counsels (GCs) to “unbundle internally” – and establish a legal operations department to improve planning, technology, communication, and financial management – everything beyond giving legal advice.
How to Boost Your Legal Team’s Reputation
The legal team supports every business unit in some way, from HR onboarding to sales closed. Even after you identify, track, and present specific metrics that quantify high performance, there’s another bridge to cross – and it can prove just as challenging.
LinkSquares Legal: Meet Jonathan Greenblatt
In 2021, LinkSquares had the definition of a lean legal team. General Counsel (GC) and CLO Tim Parilla joined the team in March of that year and held it down as the sole legal team member for half a year before making his first legal hire: Jonathan Greenblatt, VP of Legal at LinkSquares.
3 Reasons You Should Embrace Digitizing Your Contracts
The Digital Revolution has evolved in ways that many never imagined possible. In just a few short decades since the 1950s, technology - like the internet, mobile phones, and social media - have changed how we communicate with each other forever.
Why You Should Care About Cybersecurity Awareness Month
October is not just spooky season — it’s also Cybersecurity Awareness Month. Nothing says scary like a data breach in the middle of the night that you don’t have a crisis management plan for. Yikes.
Does Your Document Retention Policy Change With the Times?
It’s no surprise that with the hybrid work model’s growing popularity, more employees work remotely. For businesses, this opens you up to a larger pool of talent. Your employees can come from almost anywhere, which ultimately diversifies your company’s capacity for problem-solving. As your company culture shifts to a more remote-friendly and global perspective, so should your data retention policies.
Employee Spotlight: Stephen Stone
LinkSquares has many amazing customers and partners, including The Boston Celtics. Ever heard of them?
More LinkSquares Smart Values for Cybersecurity
Welcome back! Here’s the final post in the three-part blog series, outlining how you can use LinkSquares to improve your contract management and your cybersecurity posture. If you missed parts one and two, start here.
3 Must-Attend Legal Conferences to Register for Today
You can know the law to a T and understand the business vision like the back of your hand, but it’s hard to beat the insight that comes from experience. Networking with other general counsels (GCs) and legal professionals is just as important – if not more – to the job as reading contracts.
History of Legal Tech: A LexisNexis Company Spotlight
The history of legal tech is closely tied to how the legal industry has managed legal documents over time, from researching case law to creating, organizing, and storing information. While many industries have taken to technology like fire to paper, legal has lagged behind.
Blaze the Path for your Legal Team: Join Us at ACC!
2022 has been an amazing year here at LinkSquares – especially because we’ve returned to in-person events for face-to-face networking. We’ve had such an energizing year and we’re ready to bring that momentum into Q4. In just one week, we’re thrilled to set up camp in Las Vegas to show how LinkSquares CLM can blaze the path to your legal team’s highest peak.
LinkSquares Smart Values for Cybersecurity
Welcome back to the cybersecurity awareness month blog series, all about how contract management can help you improve your cybersecurity posture! If you missed the first post, check it out here.
5 CLM Implementation Red Flags
Contract Lifecycle Management (CLM) implementation can be risky business. Not only do most of them fail, but many vendors fail to deliver on what they promised. Failed implementation can waste time and money and disrupt your business in ways that have far-reaching consequences.
What to Look For in Your Next Legal Hire
Legal teams are often small, but mighty. According to ACC, smaller businesses tend to have around three legal staff, two of whom are lawyers.
How to Create a Data Privacy Program
Cyber attacks have doubled over the past two years, and they continue to be on the rise. This has caused an interesting evolution in legal roles. Gone are the days where IT was the only department that needed to worry about data privacy issues. Executives often expect legal teams to spearhead these security processes in tandem with other departments.
4 Security Stipulations to Demand
October is cybersecurity awareness month – and we’re here to lend a helping hand. In this three-part blog series, we’ll outline how you can use LinkSquares to improve your contract management and your cybersecurity posture. No time to waste – let’s go!
Why Contracts Should Not Live In Email
Are your contracts getting lost in your inbox? Don’t waste time searching through emails manually. It is not a good use of your degree, and there is a better way.
The Modern GC: 5 Questions to Ask Yourself
Welcome back! Last week we shared part one of this two-part blog series on how to build a brand as a general counsel (GC). Check it out here if you missed it. If you’re up to date, let’s jump into the final two principles – and the questions you need to ask yourself while getting started.
5 Cybersecurity Risks Every GC Needs to Know About
As a General Counsel (GC), you protect your company's confidential information. But with the evolving landscape of cybersecurity threats, it’s hard to know where to start. Here are five of the most common cybersecurity risks you need to be aware of and tips on staying safe out there.
Five Skills I Didn’t Realize I Needed to Be a CEO
The best way to prepare for a role is to follow a career path there. Are you looking to be a CMO? Start in marketing and work your way up. Are you hoping to lead a legal division? You’ll spend time as an in-house counsel before then.
Legal's Role in Creating Hybrid Work Policies
Over the last three years, there have been many greats: the Great Resignation, the Great Recession, and the Great Reset. The economy is in decline, companies have to do more with less, and employees are leaving their jobs (or getting laid off) in droves. Altogether, these spell out a great change in the world that businesses can’t afford to ignore.
The Modern GC: A Business Leader with a Legal Background
The General Counsel (GC) role is evolving, serving as an opportunity for organizational growth. On a recent episode of Cockpit Counsel, Ari Buchler – an investor, advisor, and business leader with an impressive succession of GC roles – stated, "Because of your leadership skills and your knowledge of the business, you might be given another function to manage. That's an opportunity to divorce, or at least apply, your management and leadership skills outside of an area of your expertise. I think t
Why Improper Contract Storage Is a Business Problem
Even though contracts touch almost every aspect of the business, when most people hear “contract” they think of legal. From sales to customer success and every department between, contracts govern some of the most crucial activities within a company. So if there’s a problem with contracts, there’s a problem within the business.
The Benefits of a Data-Driven Legal Team
Once upon a time, in-house legal had one job: to protect the business from risk. Using their expertise, legal swatted away unseen dangers and kept the business out of trouble. But in the last decade, their roles shifted along with the business landscape.
How to Redline: 4 Mistakes to Avoid
Let’s set the scene. Your sales team has been hard at work trying to secure this logo and it's finally paid off. Closing this deal will boost revenue and cement your company as a true competitor in your industry. As legal counsel, you don’t want to delay the deal, so you’re eager to finalize the contract. There’s just one problem: you want to change literally everything on the page.
6 Legal Trailblazers You Need to Know
The legal field continues to grow because of innovators who use their legal expertise to build a new, more equitable future. As this industry undergoes massive change and adapts to the modern world, those in the field are using their lived experiences to make an impact.
3 Key Takeaways from Cockpit Counsel
Summer may be winding down, but things on the Cockpit Counsel Podcast are heating up.
CLM for Cybersecurity: How Contract Management Helps Protect Your Business
Every business is at risk of a cybersecurity attack, even yours.
How to Select a CLM Vendor
Don’t you just hate it when you go shopping for a new TV, and you get the model that the salesperson insists is the best out there, but when you get home, you realize the picture quality is far less than advertised? To add insult to injury, when you finally research the brand (which you should have done ahead of time), you realize that other buyers have been talking about this problem online for a long time. Makes you want to kick yourself, doesn’t it?
LinkSquares Shortlisted for 2022 SaaS Awards
Well, it’s fair to say we’ve had one hell of an award season here at LinkSquares.
How CLM Helps You Comply With Data Privacy Regulations
There are so many data privacy regulations it’s hard to keep track of them all. As a General Counsel (GC), compliance with these laws often falls on your desk.
Creating an Award-Winning Work Culture
It’s no secret that we’ve had a lot going on at LinkSquares lately. Between our #379 ranking on the 2022 Inc 5000 list and being named one of Forbes’ Next Billion Dollar Startups, we’re doing a lot of celebrating! But what is it really like to work at LinkSquares? And how did we establish our award-winning work culture?
Going In-House? Here’s What You Need to Know
Even though companies are scaling down their teams, there is always a need for legal talent.
CLM for Biotech: Using CLM as an Extension of Your Lean Team
On top of gathering study participants, setting clinical trials, researching new drugs, and much more, biotech companies need to ensure they’re following strict compliance regulations. Contracts are at the center of this crucial requirement.
Four Steps to Building a Data Privacy Program
Digital transformation has come for all organizations; it doesn’t discern between industries, and it doesn’t care if your organization is a fledgling startup or an established multinational corporation. Emerging technologies such as virtual reality and artificial intelligence present unique business needs and challenges. One of the most demanding is the requirements on companies and governments to protect user data and privacy in an ever-changing technological environment.
Roll Call: Our Most Popular Blogs This Year
A little nostalgia is good for the soul. (We see you, ‘90s kids.)
Navigating the Recession With a Lean Legal Team
Let’s face it: these are hard times. For everyone. All over the news (and LinkedIn), there are stories about companies laying off their staff in droves, some even going as far as to shutter their entire business. The companies that are still standing need to weather the storm by doing more with less.
4 Steps to Managing a Data Breach Incident
A data breach is one of the most jarring experiences a GC can have. It happens all the time and is becoming more and more frequent, yet the day it happens to you can be the most unnerving day in your career.
Employee Spotlight: Jaden Smith
Jaden Smith is a Marketing Operations intern here at LinkSquares. (No, not that Jaden Smith. But our Jaden Smith says he gets that comparison all the time!)
So You Bought LinkSquares CLM, Now What?
Congratulations! You just bought a Contract Lifecycle Management (CLM) solution for your company. In no time, you’ll have all your contracts organized, your pre-signature process revolutionized, and you’ll be hailed as the champion of all things legal at your company. Right?
6 Items to Review Before Signing the Dotted Line
Welcome to our blog series on navigating the wild world of legal reviews, audits, and due diligence. In part one, we explored ways to navigate your contract review process. In part two, we outlined how to prioritize contracts by importance level. In this third installment, we’ll close out this series by reviewing the boxes to check before you sign a contract.
Why Homegrown CLM is a Bad Idea
More and more legal teams are attempting to construct their contract lifecycle management (CLM) solution. While it may seem like a good idea to build your system in-house, the truth is that this approach brings serious issues down the line. In this post, we’ll outline what homegrown CLM is and why it’s not a wise investment.
Best Practices for a Legal Team of One: Part 2
Welcome back to the two-part blog series on how to thrive as a legal team of one. It’s a challenging task. Legal can be seen as the team of “no” if you aren’t intentional about adding value and building internal allies. Don’t worry; we’re here with your roadmap.
LinkSquares Named to Forbes’ Next Billion-Dollar Startups for 2022
LinkSquares, the company behind the AI-powered contract management platform of choice, has been named to Forbes' Next Billion-Dollar Startups list for 2022. This list identifies an elite group of 25 venture-backed startups that members from Forbes' editorial team and TrueBridge Capital Partners believe are most likely to become unicorns with billion-dollar valuations. The contract lifecycle management (CLM) leader receives the honor alongside a new appointment to the Board of Directors and addit
Surviving and Thriving During Contract Review Scenarios
Welcome back to our exploration of legal review audits and diligence best practices. Last week, we explored strategies to navigate the wild world of legal reviews. Today, we’ll discuss how to survive and thrive in contract review scenarios.
LinkSquares Ranks on Acclaimed Inc. 5000 List for 2nd Consecutive Year
Today, Inc. revealed that LinkSquares is #379 on the 2022 Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. LinkSquares was also ranked #9 in Boston, #10 in Massachusetts, and #39 in the Software category. This is the second consecutive year on the list for LinkSquares.
Operating in an Economic Downturn
Running a business, large or small, is challenging at the best of times. You have to balance countless moving parts, weigh stakes, and make tough decisions that have lasting implications for you and your team. It's an exercise fraught with risks as you attempt to operate in a volatile environment where external factors beyond your control enormously impact your company.
Top 5 Aspects of the GC Role
In-house legal careers are changing rapidly – for the better. You’ve got a real shot at an executive role and beyond. This summer, Ari Buchler was on Cockpit Counsel discussing his in-house legal career path. Ari is currently an advisor, investor, and business leader. Before that, he had an impressive succession of general counsel (GC) roles.
OmniTRAX Onboards LinkSquares in Six Weeks to Meet Critical Deadline and Streamline Compliance Process
In the United States, there are more than 140,000 miles of railroad track dedicated to hauling freight, handling about a third of all U.S. exports and 40% of long-distance cargo shipments. Each day, domestic and global supply chains rely on an integrated rail network that transport cargo thousands of miles across North America. These critical rail operators unlock rail access to thousands of cargo shipments each day. This is where Denver, Colorado-based OmniTRAX comes in. OmniTRAX is one of Nort
Navigating Unlimited Liability
Legal can’t overlook liabilities during contract negotiation – even when you're trying to close a deal with a strategic customer. That said, there are times that the deal simply needs to get done. Here's what you need to know to manage and mitigate risk while finalizing agreements.
Best Practices for a Legal Team of One: Part 1
Often the first in-house legal employee joins the company during rapid growth or when there’s a problem on the horizon. Whether you’re a fresh hire or have been operating as a one-person band for some time, it’s a difficult role to play.
Navigating the Wild World of Legal Reviews
Due diligence in the contract management process is an important responsibility on legal teams’ shoulders. It is defined as “a reasonable investigation of a proposed investment deal and of the principals offering it before the transaction is finalized to check out an investment’s worthiness.”
5 Final Ways to Rid Your Life of Scanned PDFs
Welcome to our third and final blog post about why scanned PDFs are the worst. Worse than your ex from college, worse than the haircut your mom gave you in the 5th grade, and worse than standing in an endless security line at the airport.
Is Your Legal Team a Profit Partner?
Between negotiating contracts that help close deals and mitigating financial risk for the company, it’s clear that in-house legal teams contribute to the bottom line. When you partner with other teams across the organization, the impact goes even further. Today, we’re sharing the techniques your team needs to be an efficient profit partner at your organization.
4 Tips for Surviving a Data Breach
There was a record-breaking number of cybersecurity attacks last year. According to IBM's Cost of a Data Breach Report 2021, the volume of data privacy incidents doubled in 2021 compared to 2020. Reasons include the sharp increase in remote work and complicated regulatory changes. Every state in the USA can develop its own policy on any given privacy regulation, resulting in hundreds of opportunities for unmitigated risk and liability.
Job Hunting? Read These Tips for In-house Legal
We’re in a time of uncertainty. Many talented people are looking for a new job and the next step in their careers. Rise to the top of the in-house legal candidate pool by exploring what you want in your next role, identifying the best opportunities, and avoiding common interview mistakes.
3 Ways to Boost Your Legal Team's Reputation
Legal leaders spend countless hours on all kinds of issues. Many of these involve independent, back-end work that comes with low visibility. While sales and marketing teams may receive consistent evaluation with clear metrics, it can be challenging for legal teams to receive the same level of recognition. How do you show your value if you’re not assessed by something as tangible as revenue or leads?
Employee Spotlight: Eliana Lee
Legal Engineer Eliana Lee sat down with the LinkSquares People Team to discuss what a typical day is like for her (spoiler alert: it’s never typical.) She also discusses the reason she pursued a data science degree in addition to her JD, and why she chose LinkSquares over other employment opportunities.
3 More Reasons to Get Rid of Scanned PDFs
Welcome back to our smear campaign for scanned PDFs. You already know some of the logistical and practical challenges with scanned PDFs, from personal experience or reading our related post.
3 Ways You Can Access Cockpit Counsel This Summer
Summer is a time for travel and new, exciting opportunities. In the spirit of adventure, LinkSquares is excited to announce the launch of our Cockpit Counsel Podcast Series, hosted by our resident pilot and Chief Legal Officer Tim Parilla.
Why AI is Both Over and Underhyped
Legal needs to deploy modern technology, but the value of AI-powered solutions can be particularly hard to make sense of. Keep reading for a practical overview of AI for legal from Cockpit Counsel guest and Dianthus founder and CTO, Rob May.
3 Reasons to Get Rid of Scanned PDFs
Your hilarious college roommate is your friend. Scanned PDFs? Not your friend! At least not in the world of contract management.
How to Evaluate Legal AI Tools
Despite what scare-tactic news has to say about robots, aka artificial intelligence (AI), stealing all of our human jobs, we know that AI-powered legal tools will not replace legal professionals (read more about why here.) The truth is that these solutions bring efficiency, freeing up your time for more complex and strategic work. Now that sounds… niiiice.
In-house Legal? Your Summer Reading List is Here
There’s no shortage of new knowledge or news in the legal space. If you’re an in-house legal leader, you need to stay current. We took feedback from legal experts and have put together a list of books to read and news groups to follow – so that you’re always at your best and in the know. Check it out.
Quickly Summarize the Terms Governing your Contractual Relationships
LinkSquares Analyze is the powerhouse platform that provides a central, organized repository for contract storage while delivering impactful insights to help you understand your entire portfolio. Managing contractual relationships tends to get messy, but LinkSquares gives you the tools to stay organized without sacrificing contract visibility.
Pow! How to Defeat Non-Standard Contract Supervillainy
Hidden legal liabilities are everywhere when it comes to contract management. General counsels (GCs) and Chief Legal Officers (CLOs) act as legal superheroes, protecting the organization from hidden threats - and for a good reason. Many organizations have notoriously complicated Non-Standard Contracts that act as a legal team’s kryptonite.
The Startup's High-Growth Playbook: $0 to $10M ARR in Two Years
Growing up, I was fortunate enough to watch my dad start a company from our basement and grow it to several hundred employees. Like him, I studied engineering and fell in love with the problem-solving that came with it.
6 Growth Metrics for Legal to Present
To be seen as a business partner, legal teams need to drive growth (and show that they do). Successful legal teams measure, manage, and present key performance indicators (KPIs) specifically related to growth to make a case for increased headcount and show all of their team's work.
Proactive Data Privacy: How Legal Can Prepare for 2023 and Beyond
The Problem Picture this: the smell of fresh coffee wafts throughout your company’s headquarters. The conference room is aglow with 9 AM sunshine. The light from your MacBook emphasizes the worried face of your general counsel colleague as she addresses the room. “We’ve had a cybersecurity incident,” she begins. Suddenly your coffee tastes like ash in your mouth. “We’ve been notified,” she continues, “that our company information has been leaked onto the dark web. We have no plan for this.” The
LinkSquares Is One of G2’s Contract Management Leaders… Again
Well, it’s that time again. G2 just released their Summer 2022 Reports for Contract Management, Contract Lifecycle Management, and Contract Analytics – and we’re proud to share that LinkSquares was named a Leader in each category for the second consecutive quarter!
LinkSquares Wins 2022 Artificial Intelligence Breakthrough Award
We’re excited to share that LinkSquares has been recognized as the winner of the “Best Natural Language Generation Platform” award in the fifth annual AI Breakthrough Awards program conducted by AI Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies, and products in the global Artificial Intelligence (AI) market today.
Draft and Review Agreements in Microsoft Word
How many of us can count on one hand the number of open applications we have on our computer? Not many. All the open tabs and the constant back and forth between systems can start to seem like an occupational hazard. That’s especially true when it comes to drafting and editing contracts.
BBJ Names LinkSquares #1 On 2022 Best Places to Work List
We’re excited to announce that The Boston Business Journal (BBJ) has named LinkSquares to its 2022 Best Places to Work list — the BBJ’s exclusive ranking of the Massachusetts companies that have built outstanding work environments for their people.
Why Biotech Companies Need CLM
From pharma to food tech, the complexities of the biotech industry stand alone. These companies generate massive contract volume through product development, commercialization, and M&A. *This post was updated August 2024.
3 Ways AI Empowers Legal Teams
Many of us have embraced Artificial Intelligence (AI) in our everyday lives, using it to navigate our driving or unlock our phones with facial recognition. AI is here to stay in the legal tech space, but many lawyers have been slow to adopt it. This often stems from myths that AI won't play well with important applications like Microsoft Word, or that it may even replace lawyers altogether.
How to Leverage Contract Data with LinkSquares API
From finance to legal to procurement, every team across an organization runs on contracts. But they work within their disparate systems, creating data silos that waste time and strain relationships.
4 Ways to Improve Your Contract Workflow
Contracts are getting more complex every day, and your contract management processes need to keep pace. We recently highlighted three ways to improve your contract management workflow; check it out here if you missed it. Today, we’ll go over four more processes to take your legal team efficiency to the next level. *Blog post updated: July 31, 2024 to reflect product changes and improvements.
3 Types of Documents You Need to Run a Modern Business
Modern document storage and management solutions make it almost effortless to save every written document your organization produces. So, why do many companies fail to document critical information? The short answer: backup made us lazy.
What Is a Contract Repository?
A contract repository is used to store and organize the contracts that your business runs on. A modern contract lifecycle management (CLM) solution offers more than a filing cabinet ever could.
3 More Ways Contracts Get Stuck and How to Fix Them
Welcome back to the blog series where we identify the six stages of the contract lifecycle, note the most common reasons contracts get "stuck" in each stage, and show you how to speed up the contract workflow. If you missed the first post, check it out here. If you’re all caught up, here are three more ways.
Why Is OCR Important?
Welcome back to the two-part blog series on Optical Character Recognition (OCR). In part one, we covered what OCR is. Now that you know what OCR is, how do you choose a tool? We’ve got you covered. Here’s an overview of free tools, Adobe, Microsoft, and others.
Common CLM Myths: Part 2
Searching for the right Contract Lifecycle Management (CLM) tool? You’ll hear many myths along your journey. We’re here to debunk those misbeliefs – and help you make an educated decision. If you missed part one in this blog series, check it out here. If you’re up to date, let’s jump into the final two misconceptions.
3 Ways Contracts Get Stuck and How to Fix Them
Here’s a fact: You need a contract dashboard. In many businesses, the rate at which you can draft and execute legal agreements directly affects your bottom line. Contract flow determines deal flow determines cash flow.
What is Optical Character Recognition (OCR)?
Lawyers deal with lots of jargon and acronyms, but one term your legal team must understand in 2022 is OCR. Simply put, Optical Character Recognition (OCR) technology reads text from images. With OCR, you can convert PDFs, faxes, and even photographs of documents into searchable text files. Let your team edit and search a document, even if it’s a blurry scan or photo.
4 Key Benefits of CLM Software
Contract Lifecycle Management (CLM) software helps legal teams organize their agreements, increase productivity, and position themselves as business partners. These solutions manage the contract lifecycle, which means they help with all the steps in the contracting process, from draft to signature to storage and analysis.
Take Your Legal Team Into the 22nd Century: Join Us at CLOC!
For many, CLOC 2022 will mark the return of large in-person conferences, and the LinkSquares team couldn’t be more excited to celebrate with you. We’ve had such an explosive year so far – from raising our Series C to growing the company to nearly 300 employees, and much more. In just a few weeks, we’re thrilled to bring the party to Las Vegas and spread the word about how LinkSquares CLM can launch your department and company into the future.
SCC Updates: Info for Legal Teams
When it comes to the GDPR and SCCs, change is the only constant. There are important SCC deadlines ahead for legal teams. This post includes a roundup of FAQs and updates to keep you informed.
From G2 Venture Partners: Why We Invested in LinkSquares
This was originally posted on the G2 Venture Partners blog. Check it out here.
Contract Management Best Practices: Cutting Costs
We’re sharing more contract management best practices to help your team save time and money. If you missed part one of this helpful blog series, check it out here. Today, we’ll go over how to cut costs with client contract renewals and how to standardize sales contracts. Let’s dig in.
Choosing the Best eSignature Tool
It’s a new dawn for the industry as legal tech solutions are helping legal teams automate many of the processes once bogged down by pen and paper. Armed with these tools, legal teams are becoming more efficient and adding even more value to their businesses. E-signature solutions are critical to digitizing the legal function.
How To Write Contracts That Help You Survive A Data Breach
Welcome back! This post is part two in a series teaching you how to prevent and survive a data breach. If you missed part 1 about listening to experts and being proactive, check it out here. In this post, we’ll get into the third and final step in the process: how to write contracts that set you up for success. Let’s dive in.
LinkSquares’ Approach to Developing AI
Written by: Gavril Bilev, PhD, Senior Data Scientist, Mark Mace, PhD, Senior Data Scientist; Kiren Latka, JD, Director of Legal Engineering, and Eliana Lee, JD, MSDS, Legal Engineer
Contract Management Best Practices: Cost Savings
Cutting costs? Here’s some good news: Many legal agreements have more "wiggle room" than non-legal employees may suspect. Finding those cost-saving and revenue-boosting opportunities are some of the best services a legal team can provide during difficult economic conditions.
Accelerate Your Contract Execution with LinkSquares Sign
When it’s finally time to get your contract signed, and your deal closed, the last thing you need is a delay. To help you keep things moving, we’re excited to announce our newest product, LinkSquares Sign.
How to Prevent and Survive A Data Breach
Data breaches require a team response. Many organizations consider themselves prepared for a data breach if their Chief Information Officer (CIO), Chief Technology Officer (CTO), or Chief Security Officer (CSO) feels prepared to handle a cyberattack. Unfortunately, they’re wrong. Preparing your company for a data breach requires the entire executive team’s effort.
Speed up Redline Review with Document Comparison
As you work through your contract review process, reading and comparing document versions, you want to know all of the changes the counterparty has made to the agreement. But manually reading documents is both time-consuming and error-prone: missing key language that could have dire consequences for your business.
LinkSquares has nearly a billion-dollar valuation. Cheers to our journey!
At the start of the LinkSquares saga in 2015, we learned from conversations with potential customers that there was an urgent need for a legal operating system. Even so, the speed with which digital transformation has come to the industry is remarkable. Today, we’re excited to announce a $100M Series C funding round. We’re raising this capital only nine months from our Series B, a true sign of the amazing future ahead. When it comes to contract lifecycle management (CLM), there has never been a
9 Contract Management Best Practices
Contract management goes beyond just drafting a good agreement and then remembering what you agreed to; it's a rigorous process of measuring, managing and (where possible) automating the development and execution of contracts. It's a repeatable process that ensures legally agreed to obligations are met and legal opportunities aren't missed.
LinkSquares: Your Dedicated Team of Experts
At LinkSquares, we pride ourselves on being a reliable and educated resource for legal teams. In this post, we’ll highlight some of the different experts across the company and how they empower us to provide the best experience to our customers.
ProPharma Uses LinkSquares to Accelerate Their Support of Pharmaceutical Companies
Founded in 2001 and headquartered in Overland Park, Kansas, ProPharma Group is the leading global, single-source provider of regulatory, clinical, and compliance services serving pharmaceutical, biotechnology, and medical device companies. ProPharma offers services across six lines of business, including regulatory affairs, pharmacovigilance, medical information and clinical research solutions, all with the goal of improving patient health and safety.
LinkSquares Ranks No.19 on Inc. Magazine’s List of Fastest-Growing Private Companies
Inc. magazine revealed that LinkSquares is No. 19 on its third annual Inc. 5000 Regionals: Northeast list, the most prestigious ranking of the fastest-growing private companies based in Connecticut, Massachusetts, Maine, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island, and Vermont. Companies on the 2022 Inc. 5000 Regionals Northeast list had an average growth rate of 208% percent.
How Modern Legal Teams Benefit from CLM
With today’s technology, legal teams are able to get organized and work more efficiently than ever. The days of manually combing through contracts and excel spreadsheets are over. Here’s what you have to look forward to when you adopt a modern Contract Lifecycle Management (CLM) solution.
LinkSquares Ranks #5 on Fast Company’s Most Innovative Companies List
🎉 We're excited and honored to be ranked in spot #5 on the 2022 Fast Company's Most Innovative Companies list, securing a top spot in the Artificial Intelligence (AI) category, which recognizes algorithmically powered products that are changing how humans interact with computers. This ranking is a testament to the hard work of our team, showcasing our unwavering commitment toward innovation within our industry. Read more about this honor here.
LinkSquares Earns Spot on G2’s 2022 Best Software Awards
We’re thrilled to share that LinkSquares has been named to G2’s 2022 Best Software Awards on the Sales Products List! Software that provides exceptional value and creates community climbs the Best Software ranks. The Sales Product awards are earned by software products and companies that provide best-in-class customer service products and experiences for their customers.
What is Contract Lifecycle Management and Why Legal Teams Need It
Modern legal teams face an increasing volume of contracts, complex workflows, and the need to support business operations beyond traditional legal tasks. Contract Lifecycle Management (CLM) software has emerged as a critical tool for organizing agreements, improving productivity, and positioning legal departments as strategic business partners.
Steps to Success: Legal Team of One
Experienced General Counsels (GCs) know the struggles of flying solo in a high-growth company. With their specialized knowledge and skillset, attorneys add value to a company that others simply cannot. Being successful in this role and showing your worth takes determination, organization, and an ability to build the right relationships.
5 Fundraising Questions for Your GC to Answer
The best funding rounds are smooth and efficient, and your legal team helps make that happen. Fundraising is based on valuation, and valuation is based on assets and liabilities, including legal liabilities. No team member is more critical to your fundraising success than your General Counsel (GC).
What Makes a Good GC?
The crypto industry operates with different principles related to contract requirements. In this episode of Cockpit Counsel, Tim Parilla, CLO of LinkSquares, spoke with Dave Balter, CEO at Flipside Crypto, all about contracts and cryptocurrency. During their discussion, Parilla asked Balter what a good Chief Legal Officer or General Counsel means to him. Here’s what Dave had to say about that:
LinkSquares Wins Built In’s 2022 Best Places To Work Award
We’re excited to share that LinkSquares has been included on Built In Boston’s 2022 Best Places To Work list! The annual awards program includes companies of all sizes, from startups to those in the enterprise, and honors both remote-first employers as well as companies in the eight largest tech markets across the United States. LinkSquares ranked #33 for midsize companies in Boston.
AI-Powered Legal Tools Are Not Going To Replace You
There is a common misconception that all artificial intelligence (AI) will replace humans. While in some cases there may be truth to it, AI-powered legal tools are not going to replace the people on your legal team. They are, however, going to empower you to have a more substantial impact on the business. To explain this further, let’s first take a look at how AI-powered contract lifecycle management (CLM) software is created.
2021 in Review
2021 was a critical period of transformation for GCs and their teams. They were asked to take a more strategic role in business growth and contribute data-driven analyses at a time of continued upheaval. They’ve answered the call brilliantly, and we’re thrilled to play a part in their efforts.
Key Strategies for Legal Tech in 2022
This post is an excerpt from the final edition of The Link for 2021. Check out the whole digital magazine here.
6 Best Practices for a Successful Legal Team of One
This post is an excerpt from the final edition of The Link for 2021. Check out the whole digital magazine here.
Announcing Our 100th Smart Value!
As 2021 comes to an end, we are excited to announce a momentous milestone, 100 Smart Values! This further solidifies LinkSquares as the industry leader in end-to-end contract management and legal AI, providing users with greater access to their contract information, enhancing insights, and simplifying the contracting process.
Contract Management Software Needs Advanced OCR
Optical character recognition (OCR) software has changed the game for businesses across industries by converting scanned documents into searchable, edit-ready text files. Sophisticated artificial intelligence (AI) identifies the language in a scanned doc and converts it automatically into a text file.
Effectively Audit Your Customer Contracts: Part 1
When it comes to contract management best practices, legal teams are encouraged to audit contracts to identify any overlooked legal liabilities. But that’s not the only audit you need to complete. It’s also important to audit your customer contracts to identify the revenue you're at risk of losing.
How to Evaluate Contract Management Software: Step 3
You’ve reached the final post in our three-part series on how to evaluate contract management solutions. If you missed the first or second post, check them out. If you’ve reached this step, congratulations! You know your pain points and have them prioritized, it's time to start evaluating contract management vendors.
How to Evaluate Contract Management Software: Step 2
Welcome back to the blog series on evaluating contract management solutions. We went over step one in the process yesterday, which is all about identifying your needs. Check it out here if you missed it. Now that you've identified the teams and individuals involved in your contract lifecycle, the worst mistake you can make is asking each of those stakeholders exactly what they want from a contract management system. Gathering a wishlist of features sets an unrealistic expectation for a fantasy s
Partnership Between Legal and Sales: Step #1
The alliance between Legal and Sales is underdeveloped at many companies. Their sum is greater than their parts. Your legal team can be your sales team’s secret weapon, ultimately creating a fierce and highly profitable partnership.
LinkSquares Ranked on the 2021 Deloitte Fast 500™
We are proud to announce that LinkSquares was ranked the 90th fastest-growing company in North America on the 2021 Deloitte Technology Fast 500™. The Deloitte Fast 500 list is a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 27th year.
Study These Tips to Help You Budget Time and Scale Your Biz
This article was originally published in Inc. Masters on 11/03/2021. Not every new CEO knows where or how to spend their time. And just when they feel they're getting the hang of it, the job evolves and it's time to expand.
How Standardized Contract Language Reshapes Legal Practices
The process of drafting and negotiating contracts isn’t always a smooth one. When language is inconsistent from one draft to the next, keeping up with deviations and their intended meanings can quickly become both frustrating and time-consuming. Standardization has become a common solution for a variety of issues, but what exactly does standardization in contracts mean? Today we will provide a brief overview of what it means and - more importantly - how it can ultimately transform legal practice
GDPR Compliance: Primary Contract Clauses to Focus On
Welcome back to our blog series all about General Data Protection Regulation (GDPR) compliance. Yesterday we covered the relevant terms and provisions of GDPR. Today, we’ll go over the primary contract clauses that need to be brought up to GDPR standards.
Legal Operations: What It Is and Where to Start
Legal Operations is essentially the in-house version of the managing partners and staff that run private law firms. Most legal departments don’t have their own Legal Ops team. Let’s dive into that.
6 Key Performance Indicators for Your Legal Team
Modern legal teams are partners to the overall business. They drive profits and move their companies forward, as opposed to solely mitigating risk. To ensure that they are viewed as true business partners throughout the organization, legal teams are adopting business best practices and measuring and managing key performance indicators (KPIs).
Bringing it in-house: What to look for when hiring a general counsel
This article was originally published in TechCrunch on October 15th, 2021.
3 Tips for Running A Remote Legal Team (Successfully)
The world of remote work is here to stay in one form or another. Whether you are remote-only or remote-optional, the challenge of managing teams from afar remains. I tuned in to the second episode of Cockpit Counsel featuring Danielle Sheer, General Counsel at Bottomline Technologies, and picked up some great tips for managing a remote legal team. Here’s what I learned.
The Link: Letter from the CEO
Welcome to our third edition of The Link. We’re talking today about something that underpins the success of in-house legal teams, and how they operate: data.
Why Legal Teams in Healthcare Need CLM Software
Healthcare in the United States is a unique industry, but it’s especially unusual in how it deals with contracts. When a healthcare administrator talks about “contract management,” they’re referring to the contracts that dictate how much they are paid by insurance companies, otherwise known as payer contracts. Healthcare businesses spend hundreds of millions of dollars each year on software to help them manage payer contracts.
How to Strengthen Cybersecurity With Contract Management
The following is an article by Ari Buchler, a board member, operating partner, advisor, and angel investor to several software companies and private equity firms. He has held numerous business and legal executive roles, including Chief Legal Officer at Intralinks and General Counsel at Sophos. He has served as an advisor to LinkSquares since 2016.
Organize Your Legal Agreements Like A Boss
Tags Scale, but Folders Fail There’s an old axiom that software developers have relied on since the early 2000s, when tag-based taxonomies cropped up in the earliest days of interactive web applications: tags scale, but folders fail. At LinkSquares, this philosophy -- and the logic behind it -- explains why we organize your legal agreements using tags, rather than copying over the old folder arrangements that exist in your current storage systems.
Healthcare Needs “Traditional” CLM Software, Too
From the outside, Contract Lifecycle Management (CLM) software would seem to be a natural fit for healthcare organizations. After all, contracts between healthcare providers and insurance companies -- known in the industry as payer contracts -- define the bulk of the income for virtually every medical professional in the United States. Those contracts should obviously be managed.
Contract Problems Your Healthcare Organization is Ignoring
Healthcare organizations rightfully pay a great deal of attention to their payer contracts, as these legal agreements dictate how much revenue is received from insurance companies for medical services rendered to patients. Payer contracts are the lifeblood of healthcare businesses, so they are taken very seriously.
An Introduction to Contract Lifecycle Management (CLM) Software
As advancements in technology continue to transform the way we work, many legal teams have come to the conclusion that they need some sort of contract management software to organize the abundance of contracts they have. There’s a lot of information out there about Contract Lifecycle Management (CLM) software. In this blog, we’ll go over what CLM is, how it can be applied in practice, and the multitude of ways it can benefit legal teams and their partners and collaborators across an organization
LinkSquares Raised a $40 Million Series B
As CEO of LinkSquares, I'm thrilled to announce that we've raised a $40 million Series B, led by Sorenson Capital. New investors Catalyst Investors, Xerox, Bottomline Technologies, DraftKings' founders and key legal and compliance executives, as well as our existing investors participated in the round which will help accelerate our rollout into new partnerships and new markets.
New Features in LinkSquares Finalize and Analyze
June is a particularly exciting month for many reasons. For some, it means the start of summer with warmer weather. For those in the world of Legal, it means the end of a quarter and an influx of contracts to be drafted, reviewed, and signed. For LinkSquares, it means new feature releases that help legal teams manage their contracts more efficiently. Let’s dive in:
Integration Can Make or Break Your CLM Solution's Success
Modern Contract Lifecycle Management (CLM) solutions offer a host of stunning features that can revolutionize the productivity and strategic contributions of your legal team -- assuming they can integrate with other software tools effectively. Nothing undermines the potential of a CLM suite as badly as poor software integration options.
Why Integration Matters Most When Choosing an eSignature
The entire point of an e-signature solution is to simplify the process of executing legal agreements, but you can undermine that value proposition if your e-signature app doesn't offer the right software integrations. When you're evaluating an e-signature tool, integration should be among the most important criteria you use.
Top KPIs for Legal Teams
Identifying and tracking key performance indicators, or “KPIs,” can be transformative for even the most established and successful companies -- and their legal teams. The emergence of sophisticated contract management and analytics platforms has allowed the value of these metrics to explode, putting new legal applications for KPIs into play.
The Importance of KPIs for Legal Teams
Key Performance Indicators (KPIs) have long been an essential tool for many businesses, but recent technological advancements have made the benefits of KPIs much easier to realize -- especially for legal teams. In fact, there are many reasons why KPIs are uniquely valuable to the overall growth and sustainability of legal operations.
Reliable Collaboration Between Legal and Sales
As the end of a quarter approaches, everyone wants to do their part to make sure past goals are met, new goals are established, and that momentum is flowing in the right direction for growth. Sales reps want to close more deals, and legal teams want to make sure those deals are protected against possible liability. As the pressure ramps up, it seems only natural that some tension might arise between Legal and Sales.
The Link: News and Looking Ahead
The following is an excerpt from The Link, LinkSquares' quarterly publication. Check out the full publication here.
Customer Spotlight: Bottomline Technologies
The following is an excerpt from The Link, LinkSquares' quarterly publication. Check out the full publication here.
Letter from the CEO
Welcome to the second edition of The Link. Today, I’d like to talk to you about something that is extremely important to us here at LinkSquares: enabling our customers to work where they want to work.
Contract Management ROI in 3 Steps
Trying to accurately calculate the ROI of contract management software isn’t always straightforward. Legal teams are often encouraged to audit their contract repositories to identify any overlooked legal liabilities, but you need to know how to audit your contracts to identify revenue you're at risk of losing, hidden expenses, and time lost to manual work in order to prove ROI. Here’s a helpful way to break it down.
AI Makes Legal Teams Extremely Effective, Not Replaceable
In today’s technologically advanced climate, there are very few aspects of our daily lives that haven’t been affected by artificial intelligence (AI) in one meaningful way or another. Everyday things as simple as the phones we carry around in our pockets, or the fitness trackers we wear around our wrists, vastly influence the ways we interact with our immediate surroundings. And while we tend not to worry too much about the potentially negative impact of AI when it comes to our personal devices,
The Link: News & Looking Ahead
The following is an excerpt from The Link, LinkSquares' quarterly publication. Check out the full publication here.
Accelerate Contract Analysis for GDPR and HIPAA
LinkSquares, provider of the fastest and most comprehensive AI-powered contract lifecycle management and analysis tool, today announced new features to help legal teams identify key insights from specific terms and clauses across all contracts and track strategic initiatives of importance to the business. The new capabilities include Strategic Values, which are expert-selected terms to help uncover topics related to GDPR, HIPAA, mergers and acquisitions, procurement, nondisclosure agreements (ND
Salesforce and DocuSign Integrations
Efficiency is always highest when people can do their work inside the systems they know. To that end, we are very excited to share that LinkSquares Finalize now integrates with Salesforce and DocuSign, helping to streamline and accelerate your contracting process from initial request to final signature.
LinkSquares Appoints Tim Parilla as Chief Legal Officer
BOSTON--(BUSINESS WIRE)--LinkSquares, provider of the top AI-powered contract lifecycle management and analysis tool, today announced the appointment of Tim Parilla as the company’s Chief Legal Officer. Parilla has extensive experience leading legal operations in public and private companies in regulated markets. In his new role, he will oversee LinkSquares’s legal posture and act as strategic advisor to the company’s management and corporate counsel customer base. The company also expanded its
LinkSquares Is More Than Just a Contract Repository
Quick quiz: What's the difference between a contract repository and a contract lifecycle management (CLM) solution? If you don't know, you're not alone: Most people use the two terms interchangeably, but they have distinct differences and benefits for those in the legal profession. Here's an easy way to distinguish between them: Dropbox is a contract repository; LinkSquares is a full, end-to-end CLM solution.
What is "Legal Ops"?
When it comes to modern businesses, the Chief Technology Officer (CTO) or Chief Information Officer (CIO) often gets more attention and respect than the Chief Legal Officer (CLO) -- and the reason why has far more to do with staffing and organization than the CTO actually being more vital to profits than the CLO.
5 Insights on Company Culture, Entrepreneurship, and More
Company culture and start-up life is something that we're all invested in here at LinkSquares-- and it all starts at the top. To give you a peek into our world, here’s a round-up of some key insights from Vishal Sunak, CEO at LinkSquares. Keep reading for the top 5 insights he’s shared on various podcasts.
Introducing: LinkSquares Dashboard
Today, we're excited to launch LinkSquares Dashboard as the first in-app business intelligence tool for your contracts, bringing a new level of transparency and clarity to all of the information within your contracts.
LinkSquares Product Spotlight: 50 Smart Values
We're starting the year off strong here at LinkSquares! Today, we're excited to spotlight an exciting milestone -- we now offer 50 Smart Values. This feels like the perfect time to highlight 5 Smart Values that we've created, specifically based on feedback we’ve received from customers on key data they'd like to extract from their contracts.
DocuSign vs. Adobe Sign vs. PandaDoc vs. HelloSign
Every modern legal team needs an e-signature solution to expedite and execute their legal agreements, especially in the era of COVID-19. But of the leading e-signature tools -- Adobe Sign, DocuSign, HelloSign, PandaDoc, and LinkSquares Sign -- which one best meets your company's legal and technical needs?
What California Proposition 24 Means for Your Legal Team
Lost in the noise of the recent U.S. Presidential election was the fact that California residents passed Ballot Proposition 24, which created the California Privacy Rights and Enforcement Act (CPRA) -- and created a whole lot of potential headaches for any company doing business on the Internet. If you're on a legal team for an organization that deals with online data, you need to get a handle on the CPRA as soon as possible.
LinkSquares Named Gartner Cool Vendor In Contract Management
LinkSquares, provider of the fastest and most comprehensive AI-powered contract lifecycle management and analysis tool, today announced that it has been named a 2020 Cool Vendor in Contract Lifecycle Management and Advanced Contract Analytics by Gartner. According to the report, “Extreme market volatility has many organizations revisiting their ability to quickly identify, analyze and manage third-party contract risk.”
What Brazil's New Data Protection Law Means for Your Legal Team
Back in September, Brazil quietly completed passage of its national data protection law and, in so doing, unleashed some legal consequences for which many organizations are not prepared. If your company does business in Brazil, or ever has a user interact with your online services from within Brazilian territory, then you have some data housekeeping and contractual updates to perform ASAP.
The 10 Types of Contracts Every Business Needs
Every organization should have a set of contracts that reflect the risks, obligations, and expectations of your regular business activities. And you should have a base contract template for each contract on hand, already worked out with your legal team, so you don't have to reinvent the wheel every time that type of contract is needed.
How to Land an Engineering Job at LinkSquares
Engineers have a notoriously low tolerance for "marketing speak," so, for those software developers considering coming to work at LinkSquares, here's some straightforward advice on how to land a job with us. TL;DR it's all about culture.
How Do Lawyers and Legal Teams Use AI?
Lawyers are uniquely positioned to benefit from artificial intelligence because the legal profession has spent literal centuries documenting and annotating case law and sample contracts. And most of this data is easily accessible with a LexisNexis account. Every legal AI developer has access to a treasure trove of good training data.
3 Things You Should Standardize in Your Sales Contracts
If you're like many CFOs and similar business leaders, you're shifting your focus to cutting costs through unpleasant methods like spending freezes, budget cuts, hiring freezes, or even layoffs. Fortunately, you have other options for addressing revenue shortfalls. You can still sell during COVID-19, but nothing slows down the sales process like having to negotiate a contract from scratch for every deal. Having a standard contract that is the basis for all sales is a great way to lower this fric
How AI Has Transformed Contract Analytics
"You can't manage what you don't measure" is a business truism, but most organizations don't view contracts and legal agreements as business assets that you can quantify and analyze. In truth, contract analytics have always been possible, but the advent of artificial intelligence has made contract analytics practical and perhaps even indispensable.
How to Turn Automated Analysis into Contract Workflow and Rules
Now that you have all this structured contract data, what good is it? With a little reporting and some basic process changes, you can use contract analysis to drive better contract policies and workflow.
Evaluating Contract Management Software: 4 Key Considerations
Contracts are the backbone of any business. These documents hold crucial information about how the organization relates to its partners, customers, suppliers and employees.
Internal Video Conference Policy Must-Haves
After you’ve adopted your system of choice, it’s important to put internal controls in place to further protect your company’s data. Video conference solutions are designed to make it easy for anyone and everyone to join a call; their bias is toward removing barriers to call access, not necessarily ensuring the security of those calls. Such openness can make it easy for unwanted interlopers to "crash" a video call. These intentional or unintentional interlopers could be people inside your organi
Introducing Finalize, Our Contract Automation Solution
Today, I'm excited to announce that LinkSquares has introduced Finalize, our new contract automation solution. We've designed Finalize to help you create better contracts using data-driven analytics. You can get more details in our official Finalize press release, and see a preview of Finalize in action with this video.
Let Automation Find the Contract Liabilities You Can't See
Staying on top of your ever-expanding contract liabilities is a full-time job, and most companies need their in-house counsel to do more than just re-read old contracts all day. Fortunately, modern software automation can help your legal team stay on top of your liability profile, and we discuss the particulars in our latest eBook: "Limit Unseen Liability by Automating Contract Analysis".
How Legal Can Help IT Handle Privacy and Data Breaches
When your organization is the victim of a data breach by cyberattackers, the last thing your IT department is thinking about is the contract implication of the attack. Proactive legal teams, however, can be a real asset during data breaches, provided they know how to help their technical colleagues. Below are the three areas of clarity and assistance that legal can lend to IT.
How to Stop Tracking Contract Terms in Excel
Every time your legal team produces a new contract, it creates another set of obligations and liabilities into the world on behalf of your company -- and those risks and rewards need to be monitored both individually, and at scale. Unfortunately, too many legal departments resort to the manual, time-intensive method of tracking contract terms in Microsoft Excel, Salesforce, or some other not-intended-for-legal-work database or spreadsheet. Attention in-house counsels: You don't have to live like
We’ve raised a $14.5M Series A
Today, I’m thrilled to share the news that LinkSquares has raised a $14.5M Series A financing. The round is being led by Jump Capital, with new investors First Ascent Ventures joining as well as our existing investors Hyperplane Venture Capital and MassMutual Ventures participating. You can get all the details in our Series A press release, here.Today, however, I want to talk about why LinkSquares raised this Series A, with these specific investors, at this particular time. Because the truth is,
Steps to Take Before Adopting a Contract Management Solution
Contract management software is a term that has many meanings (thanks to marketers), but most of this software is designed around the premise of "never writing or signing another bad contract." But what about the contracts you've already signed?
Contract Management Best Practices: Contract Backlogs
The traditional legal-team response to a backlog of uncatalogued and unanalyzed legal agreements has been to throw people at the problem. This is all fine and good if you're in private practice and want to rack up some billable hours for a client, but for in-house counsel, there needs to be a better response to a contract backlog than "a truckload of interns."
Salesforce is a Sales Tool, Not a Contract Management Solution
For sales-centric organizations, there is a temptation to have Salesforce software manage more than just your sales cycle, but also your customer support, your project management, and even your contract portfolio. The only problem with this strategy is that Salesforce is a sales tool, not a contact management tool, and trying to force that square peg into a round hole has a number of negative consequences for your organization.
Let's Taco-bout a Great Networking Event
Last night the LinkSquares team, along with our friends at T3 Advisors, hosted a Cinco de Mayo networking event in the Seaport district in Boston. Yes, we know it’s not technically Cinco de Mayo yet, but we love a chance to get together for some margaritas and networking, so we started the fun early! And we’re glad we did - many Boston area legal and finance professionals turned out to enjoy the festivities. It was a great chance for leaders from diverse industries to meet and network outside of
What We’re Looking Forward to CLOC 2019
The LinkSquares team is gearing up to exhibit at CLOC 2019, taking place in Las Vegas from May 14-16. CLOC’s mission is “to help legal operations professionals and other core corporate legal industry players (e.g. tech providers, law firms, LPO’s, law schools, etc.) to optimize the legal service delivery models needed by small, medium and large legal departments and government entities to support their clients.”
The Challenges of Contracts in Mergers and Acquisitions
Mergers and Acquisitions are an influential aspect of the business world, but these major transitions can cause incredible amounts of stress for those involved. Of course, there are employee concerns and company culture challenges that arise, but there are also a large amount of technical concerns that come with a merger or acquisition. In fact, LinkSquares was born out of the contract analysis complications that the company’s founders faced in previous roles while their company underwent an acq
LinkSquares raises $4.8M Seed Extension
LinkSquares team in Boston, MA Today, I am happy to announce that LinkSquares has raised a $4.8M Seed Extension. I’m proud of the work we’ve done over the last year and I want to share my thoughts with you. But first, a trip down memory lane.
Contract Analysis for Finance Teams
We’re sure you’ve heard the phrase “time is money,” and in the finance world, it’s certainly true. Finance teams manage a vast number of contracts, and keeping track of the data within these contracts is time consuming and complex. Now that AI technology is becoming more prevalent, many teams are turning to contract analysis tools that help finance professionals work more efficiently. Here are three ways that finance teams can use contract analysis tools.
Thoughts on the Legal Tech Industry for 2019
January in New England is always the same - the winter begins, the New England Patriots are usually in the playoffs, and companies plan their company and sales goals. We held our 2019 Sales Kickoff meeting here at LinkSquares last week, which got us thinking about what we can expect to see in the industry and how we can stay ahead of the curve this coming year.
2018: Our best year yet
The LinkSquares team was hard at work in 2018 building features, gathering customer feedback, and optimizing systems. Our contract management system is safer, flashier, and more productive than ever before - here’s a peek at what we rolled out in 2018.
How to Get a Contract Signed in Adobe Sign
What is Adobe Sign Adobe Sign is a secure cloud-based software that enables documents to be prepared, sent, e-signed and returned from any device in just minutes.
What is a Non-Disclosure Agreement (NDA)?
A Non-Disclosure Agreement (NDA), also referred to as a confidentiality agreement, is a legally binding contract under U.S. law that protects sensitive information by restricting parties from sharing it with unauthorized individuals. Businesses, legal professionals, and entrepreneurs commonly use NDAs to safeguard trade secrets, intellectual property, business strategies, and other confidential data.
DocuSign vs. Adobe Sign: Which is Right for Your Business?
The right e-signature platform makes doing remote business easier, gives your company "green" status, and improves document security and administration. Adobe Sign and DocuSign are both leading electronic signature platforms. Plus, LinkSquares Sign was released in April of 2022. They all have important differences, however - let's take a look and see which is best for your business.
Buying Contract Management Software? 4 Things to Know
All companies have one thing in common: the need to leverage technology in order to gain a competitive advantage. Software products allow businesses to streamline tasks and optimize processes, thereby giving them an edge in the marketplace.
Solera Health Highlights LinkSquares Growth into Healthcare
Solera Health, the Phoenix-based company that has created a marketplace for digital and in-person diabetes prevention programs, has chosen LinkSquares as their contract analysis partner. The company has seen recent significant growth and was looking for a contract solution that could help with ongoing monthly reporting requirements around customer contracts and tracking time-based obligations like renewals and audits.
The New ASC-606 Revenue Recognition Standards
It has been 15 years since the Financial Accounting Standards Board issued sweeping changes to generally accepted accounting principles (U.S. GAAP). But we are only months away from the ASC 606 New Revenue Recognition Standards taking effect, and many businesses are scrambling to get their finance and legal teams in order.
5 Steps to Properly Recognizing and Reporting Revenue
By now, most companies have heard about the Financial Accounting Standards Board Accounting Standards Update called "Revenue from Contracts with Customers". This standard removes general accounting inconsistencies and provides companies throughout different industries with a more robust framework for analyzing revenue.
Legal Outlook with Veteran Startup Lawyer
Scott Bleier is a veteran member of Morse, Barnes-Brown & Pendleton’s practice group and focuses on the representation of entrepreneurs, start-up and emerging growth companies, and venture capital investors. His specialties include corporate and securities law, private financings, and mergers and acquisitions. Scott is a frequent guest speaker on entrepreneurship, start-up companies, and financings, addressing audiences in venues as varied as at the Cambridge Innovation Center, Swissnex Boston,
LinkSquares Use Case: Fundraising and M&A Due Diligence
Before someone buys or sells a company, M&A due diligence is required. You want to know what you are buying and what types of obligations will be transferred your way. This includes the review of litigation risks, intellectual property issues, contingent liabilities, problematic contracts and much more.
Creating an Incident Outreach Plan
Your company just got hacked. Sensitive information was stolen, and you need to respond quickly. Waiting too long to address the issue could have a long-lasting effect on your business.
Legal Debt vs. Technical Debt
In the world of engineering teams, there is a term called “technical debt.” An informal definition of this term is “a concept in programming that reflects the extra development work that arises when code that is easy to implement in the short run is used instead of applying the best overall solution.” Another way of phrasing it is the re-work that must occur to pieces of code that weren’t written to withstand all conditions and cases. These pieces of code are deployed into general availability t
Storing Legal Contracts in Salesforce? 3 Things To Know
Last year, Salesforce reported that they had 150,000 customers and over 3.75 million subscribers. They have many different products, including their Customer Relationship Management (CRM) software named the Sales Cloud. The Sales Cloud is a very useful technology for managing the business and sales process, but there are some other things to be aware of. I’m going to share three reasons why you shouldn’t use it for document storage, especially legal contracts.
Why Salesforce Isn't for Legal Teams
Salesforce.com has built an empire in the cloud software space. over the last 10 years. Through their acquisitions and growth, they’ve build a “cloud” for almost every department inside a company. There’s a cloud for service, sales, support, marketing, and community. Salesforce deserves our respect and admiration for bringing software to the cloud and providing products that help millions of businesses function all with software running on the internet. However, there is an increasing push for a
New eBook Launch! "Contract Negotiation Playbook 101"
We are excited to announce our next eBook series around contract negotiation. You can download it here. Below is a short excerpt:
Due Diligence: Contract Review Scenarios
The technology industry moves fast – and legal departments are expected to keep up. As an up and coming company, keeping your contracts organized and developing a strategy for scaling is key. When a board member or executive asks you for important information, you have to get it right. There is no margin for error.
5 Contract Negotiation Scenarios
Every situation is different in a contract negotiation and it’s nearly impossible to predict what’s going to happen. You do see trends and have seen many reactions to proposals at the table. I’ve personally learned many lessons dealing with them. To help you understand some of the common ones, I’ve put together a quick FAQ of sorts for scenarios you may come across in a contract negotiation.
Save Your Sales Rep's Time in Contracts
Saving time is the main goal of many sales and business operations today. There are always new ways you can save your sales reps time when they’d normally spend be doing manual work. If successful, you can allow reps to spend more time to focus on revenue generating activities like prospecting or closing deals.
Why Microsoft Word Sucks for Contract Negotiation
In this two part series we will be reviewing some of the common problems teams have when they use Microsoft Word to negotiate important contracts and agreements for their company. Here are a few of the major issues:
Sharing Articles & Content With Your Team
Everyday teams share links and articles across your company. An interesting article about your market, a press release from a competitor, or an industry review featuring your company.






























































































































































































































































































































































































