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Generate Contracts With AI Safely
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SaaS startups are resource and time poor. They tackle this with innovation and problem solving with tools that can automate tasks. One area where a lot of startups are looking to create efficiencies is in their legal contract create and negotiation. If you’re in a B2B SaaS business that has to negotiate custom contracts for…
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Best Tools For Legal Operations
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Legal is more than just the guys that sift through mountains of paperwork and reduce risk. In a SaaS startup your legal team is an essential part of your sales cycle. Getting them the best tools for legal operations will speed up your sales cycle. It will also have great flow on effects to the…
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Five Essential Startup Legal Documents
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So you’ve built a great MVP and now it’s time to get selling? Now, it’s time to position your business for setting up a legal buyer-seller relationship. To get there you’ll need to get five essential startup legal documents into place. These documents are crucial for selling to customers and protecting your business and yourself…
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How To Write a Privacy Policy For A Startup
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Privacy or data policy lies at the heart of every software-as-a-service startup. Ability to deliver a great product. Coupled with your startup terms and conditions it is one of your main legal documents. No matter what the product you are building having data or privacy measures in place builds trust in customers. Knowing how to…
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Difference Between A Statement Of Work And A Work Order
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When building your startup’s legal paperwork and SaaS legal operations, you’ll encounter two terms: Statement of Work and Work Order. Both play integral roles in your contracting and contract administration. They serve different purposes, depending on what you sell, who you sell to, and your average sales value. This blog post aims to clarify the…
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How To Write Terms And Conditions For A Startup
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Terms and conditions for a startup are a tricky thing to get right. In fact a lot of startups take more of a get something in place and iterate on it approach. This is generally effective because by their very nature startups are building and iterating on a product. As your product grows so do…
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Can I Use ChatGPT to Generate Legal Contracts?
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The use of artificial intelligence has revolutionized many aspects of our workday. But it has also triggered a mountain of privacy and intellectual property issues. One question that we’ve been getting asked a lot is whether or not your startup can use ChatGPT to generate legal contracts. With language models like ChatGPT, many individuals and…
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What is Legal Operations?
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Legal operations, often referred to as “LegalOps,” is the strategic and data-driven approach to managing the legal function within an organization. It encompasses a wide range of activities, from managing contracts and regulatory compliance to vendor management and optimizing legal technology. In the context of SaaS startups, legal operations become even more critical as these…
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Ten Tips For Contract Data Management
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Looking for a source of truth for your startup’s reporting? Struggling to rely on the seemingly random numbers that your sales team saves in Hubspot or Salesforce? Contracts often provide the most reliable data. After all that is the legal representation of your sale, it should be correct. To begin using contracts as a source…
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