Category: Technology

Extremely difficult to apply

On the front flap of A New Approach to the Standard Form of Building Contract (which refers to the 1963 RIBA form), the publishers say: By the nature of its legal terminology and complex provisions, [the form] is extremely difficult to apply in everyday practice without constant advice The book

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Smart contracts and trust

As you know, I believe one of the key things missing from contractual relationships is trust. The prevailing view is that smart contracts will assist with that. But is that really true? Trust in digital In my digital-first survey, trust with contracting partners was most closely associated with companies the

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Data-driven contracting

My 2020 survey asked more than 50 respondents across the globe and different sectors to consider various issues on digital-first contracting. From my studies on the legal technology and innovation certificate, I was aware that data should drive techno-contracting. Algorithms depend on and use historical information in the form of

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Are we ready for techno-contracting?

In the last decade, advances in technology have significantly changed our lives, from our homes to our businesses. Techno-contracting – the use of AI, machine learning or blockchain – will change the way businesses write, create, review, negotiate and sign business deals. 2020 saw a massive increase in the use

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Role of tech in contracts

What do we want? Legal revolution. When do we want it? Um…. now? The LawTech Report 2021 confirms that technology is ‘an enabler of fundamental change in the frontline delivery of legal and court services, and a mechanism for doing things differently, setting new standards, and importantly, putting user outcomes

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Preparing for the march of technology

Are you ready for digital first contracting? My survey seeks to find out broad opinions on current practices in contracting, and what the future may hold. It’s great to get a real-world view from across sectors and continents. However, low confidence in your organisation’s ability to manage the march of

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Will machines jeopardise your working relationships?

My sneak peak at the responses so far to the 500words digital-first contracting survey shows some interesting trends on how current practices in contracting vary and how they might change in the future. So how might changes to the business landscape impact construction contracting? Will contracts embrace the rise of

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The playbook and modular

The UK Government’s Construction Playbook has 14 key policies for reforming and modernising aspects of public sector projects (and perhaps, with luck and trickle down, the private sector too). However, it will need some robust contract tools to bring those ideas to fruition. In a series of posts, I consider

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The playbook and digital

The UK Government’s Construction Playbook has 14 key policies for reforming and modernising aspects of public sector projects (and perhaps, with luck and trickle down, the private sector too). However, it will need some robust contract tools to bring those ideas to fruition. In a series of posts, I consider

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WFH: the rise of virtual signatures

The technology to allow parties to a contract to sign, execute, witness and complete contracts without leaving their home office is not new. However, with nearly 50% of the UK working from home, the time for electronic or digital signatures is ripe. Rather than considering the relative merits of the

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