RESOURCES

Contracts for Cures: Streamlining Clinical Trial Agreements to Save Time and Lives

In the world of clinical trials, time is everything. Every day lost to administrative delay is a day longer that patients must wait for potential life-saving therapies. Yet despite this urgency, the average Clinical Trial Agreement (CTA) negotiation drags on for 64 days—a timeline that, given the stakes for all parties involved, is simply unacceptable.

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NOV 05, 2024

Latest blog posts & press releases

Global Law Firm Bortstein Legal Group Launches an AI-Powered Privacy Contracting Solution in Collaboration with The Contract Network

Last quarter, our clients eliminated between 50-80% of their negotiations relative to their historical benchmarks. Agreements were signed with less friction and in a fraction of the time. We’re proud of delivering such incredible and demonstrable outcomes.

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Bortstein Legal Group

PRESS RELEASE

NOV 14, 2024

Want to Negotiate Your Contracts Faster? Try Empathy

Last quarter, our clients eliminated between 50-80% of their negotiations relative to their historical benchmarks. Agreements were signed with less friction and in a fraction of the time. We’re proud of delivering such incredible and demonstrable outcomes.

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THE CONTRACT NETWORK

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OCT 04, 2024

Embracing AI as a New Colleague: Lessons from Stanford Physicians and GPT

AI has become an undeniable force in reshaping the way knowledge workers operate across various industries. From lawyers to doctors, AI has moved from being a futuristic concept to a present reality that professionals must navigate. But one thing is clear: working with AI isn’t about merely treating it as a tool or an enhancement—it’s about learning to collaborate with a new kind of peer.

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THE CONTRACT NETWORK

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OCT 04, 2024

Put Down the Pen – Using Market Data to Reduce Negotiations by 50% – 80%

Investments banks using TCN and Integreon last quarter were 5x more likely to get their NDA signed without negotiation than the status quo.

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THE CONTRACT NETWORK

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sep 13, 2024

“Thinking, Fast and Slow” about the Legal World and Contract Negotiations

The world lost a brilliant mind this week with the passing of Daniel Kahneman, the renowned psychologist and Nobel laureate whose groundbreaking work, “Thinking, Fast and Slow,” sparked an enhanced understanding and dialogue about human decision making.

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THE CONTRACT NETWORK

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MAR 29, 2024

Landmark Case Study on M&A Finds More Than 80% of NDA Negotiations are Wasted Effort

TCN today announced the release of its transformative case study, “NDA Moneyball: The Results of M&A NDA Negotiations Don’t Change.” The case study, facilitated by The Contract Network’s innovative use of generative AI to analyze over 20,000 anonymized M&A NDA negotiation points, challenges traditional views on negotiation power dynamics in middle-market M&A.

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THE CONTRACT NETWORK

PRESS RELEASE

FEB 28, 2024

NDA Moneyball: The Results of M&A NDA Negotiations Don’t Change

In the world of private market mergers and acquisitions, the Non-Disclosure Agreement (NDA) serves as the “opening act,” setting the stage for the process to follow. The common assumption is that NDA negotiations are a necessary evil and that the seller, as the author of the initial draft agreement, dictates the course of the negotiations.

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THE CONTRACT NETWORK

BLOG

FEB 28, 2024

The Contract Network Launches Pioneering Solution to Transform Private Markets Deal Negotiations

TCN announced the launch of its private markets solution, focused on bringing private companies, investors and their advisors together more efficiently.

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INTEGREON

PRESS RELEASE

JAN 23, 2024

Integreon Partners with The Contract Network Bringing a Transformational Combination of GenAI Technology and Managed Services to the Contracts Process

Industry veterans deliver a collaborative platform and deep domain expertise to significantly enhance contracting and negotiations

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INTEGREON

PRESS RELEASE

JAN 23, 2024

The Contract Network Announces $8M in Seed Funding to Streamline Contracting with Collaboration Platform

TCN announced that it has raised $8M in Seed funding. The round was led by Tusk Venture Partners, with participation from Andrew Sieja (Founder of Relativity), The Legal Tech Fund, Mayo Clinic, Toba Capital, and GC&H Investments, an investment fund associated with Cooley LLP.

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TUSK VENTURE PARTNERS

PRESS RELEASE

AUG 17, 2023

Designing The Contract Network: A Modern Solution for Contract Collaboration

Since February 2022, we’ve had the privilege of collaborating closely with The Contract Network. Biscuit took on the exciting challenge of designing both the branding and marketing materials, as well as the platform interface with enthusiasm and creativity.

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BISCUIT STUDIOS

MEDIA

JUN 02, 2023

Why We Invested in TCN by The LegalTech Fund

One of the most inefficient processes in the business world today is contract negotiation. Jim Wagner and Bill Murphy, seasoned professionals with extensive experience in large corporations, were all too familiar with the wasted time and resources that plagued contract negotiations.

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the legaltech fund

MEDIA

MAY 22, 2023

Aiming to ‘Radically Accelerate’ Contract Negotiations, ‘The Contract Network’ Comes Out Of Stealth Today, Led By Legal Tech Veteran

A new company coming out of stealth today, The Contract Network, aims to “radically accelerate the time for contract negotiations” by providing an AI-powered collaboration platform that can be used by all parties to a transaction to more quickly “get to the point” in their negotiations.

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Bob Ambrogi

MEDIA

MAY 18, 2023

Introducing The Contract Network: AI-Powered Contract Collaboration by Experienced Entrepreneurs Jim Wagner and Bill Murphy

The platform aims to reshape how all stakeholders to a transaction – including business principals, legal counsel, investment banks, and brokers – can “collaborate and close” up to 10x faster.

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THE CONTRACT NETWORK

MEDIA

MAY 15, 2023

Founder’s Introduction to AI on The Contract Network

We are incredibly excited to introduce you to our collaborative contracting platform – The Contract Network. We are a destination where all parties to a transaction and their advisors can come together to get deals done faster and to simplify contract compliance.

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Jim Wagner

BLOG

MAY 15, 2023

Delivering Outcomes, Not Just Experiments, With AI in Legal Technology

Introducing The Contract Network – the world’s first AI-powered contract collaboration platform that revolutionizes contract negotiations. By harnessing the power of AI, every participant in a negotiation, from contracting parties to their counsel, gains a powerful ally. 

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Phil Richards

BLOG

MAY 12, 2023

Empowering Advisors: Unleashing the Potential of Collaborative Contracting Spaces

Today’s business advisors face fierce competition, pricing constraints, limited resources, and high demand for speed. Collaborative contracting offers a game-changing solution to overcome these challenges and deliver exceptional results.

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BETTINA DRAKE

BLOG

MAY 12, 2023

The Contract Network Collaborates with Mayo Clinic to Streamline Clinical Trial Agreements

The Contract Network, a startup collaboration platform focused on radically accelerating contract negotiations and simplifying contract compliance, has entered into a know-how agreement with Mayo Clinic to build a solution that will simplify the management and accelerate the negotiation of clinical trial agreements.

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Press Release

APR 04, 2023

Revolutionizing Agreement Collaboration with The Contract Network

Innovation starts with a single vision, a desire to change the world for the better. At The Contract Network, we believe that it’s time to revolutionize the way businesses collaborate with respect to their agreements.

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Jim Wagner

BLOG

APR 04, 2023