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Apogee’s M&A announcement

Written by Brian Wick on May 19 2016| 0 Comments

Our friends at ApogeeLegal recently announced their second extraction pack based on Seal – this time for M&A diligence. 

Extraction Packs are encrypted sets of discovery and analysis components that are tailored by our partners to address specific market requirements - in this case M&A. Extraction Packs infuse our machine learning (ML) models and Natural Language Processing (NLP) capabilities with the domain expertise of our partners to provide turnkey modules that shorten the time and lower the costs to find contracts and extract specific data elements.

Seal Wins a “Stevie” Award for Innovation

Written by Brian Wick on May 12 2016| 0 Comments
Right on the heels of our LegalTech News award for Innovation, Seal has now won a Silver “Stevie” Award by the ABA, or American Business Awards. We won for the Most Innovative Company in the 100 employee category, in their 14th annual awards.  
 
The judges chose Seal for our “solid business performance and achievements through effective innovation.”  One judge remarked, “I know my company could use your solution. Good work.” 
 
We get that a lot. 
 

Seal Software Wins LegalTech News 2016 Innovation Award

Written by Brian Wick on May 03 2016| 0 Comments
I am very pleased to announce that Seal Software has won the “LegalTech and Recorder Innovation Awards” for 2016.  They evaluate many legal tech and legal services providers, and review many criteria.  They describe the winners as the “who's who of the legal tech industry collectively moving the needle forward.”
 

Regulatory Compliance and Contracts

Written by Rich Spring on Apr 06 2016| 0 Comments
After one month at Seal, it is clear that what we can do to help organizations find and capture all of the obligations, risk, liabilities, and opportunities buried in thousands of contracts is truly unique and very valuable to our customers. There are many reasons our customers and prospects are interested in Seal, including extracting contract intelligence around M&A activity, GRC initiatives, to discover revenue opportunities hidden in contracts, and there are many others.
 

Dark Data FAQ

Written by Brian Wick on Mar 30 2016| 0 Comments
At Seal, we are finding the term “dark data” really catching steam with analysts and trade press right now. It is an aspect of big data, wherein increased business processes automation produces massive amounts of data, and it takes specialized tools to extract the value of the data for business decisions and refinements. 
 
Gartner Group describes dark data as: "Information assets that organizations collect, process and store in the course of their regular business activity, but generally fail to use for other purposes."  
 

Data Breach – it’s going to happen, and it’s how you react that says most about you

Written by Tim Norman on Mar 24 2016| 0 Comments
To Benjamin Franklin’s list of the certainties of life can be added the fact that an organisation will face a data/system security breach at some point. There is a steady drum beat of stories in the press and in the news about companies being hacked and either losing, or perhaps not, the personal data of their customers and other corporate secrets.  You can be sure that for every instance we hear about, many more are either hushed up or perhaps never uncovered.
 

Solving Contract Analytics Using Machine Learning

Written by Machine Learnin... on Mar 10 2016| 0 Comments

SEAL Software’s promise is to accurately and quickly extract the most important provisions of a contract. Whilst this doesn't involve apocalyptic androids scanning through mountains of paper copies, it does imply creating software smart enough to analyse and comprehend legal language.  

Seal Software Launches New Version of our Contract Discovery and Analytics Platform, Includes Significant Enhancements for Speed, Accuracy and Data Visualization

Written by Mark Rollins on Mar 02 2016| 0 Comments
Today, Seal Software announced the launch of its version 4.1 release, with significant new features and capabilities that address three core areas of the platform: The interactive visualization of contractual information, the accuracy of that information, and the rapidity in which the platform extracts data from contract documents. 
 
A Picture Paints a Thousand Words
 

Fortune 500 Companies Losing Revenue from Inadequate Insight into Contracts

Written by Brian Wick on Feb 22 2016| 0 Comments

Today, we issued a press release that lists the “Top 10” most interesting, damaging, and potentially damaging things Seal has found in our customer’s contracts. Seal is the leading vendor in this space, and after processing upwards of 20 million contracts through our system, we’ve found some very interesting things.

M&A Pricing – pick a number, any number

Written by Tim Norman on Feb 17 2016| 0 Comments
The value of M&A activity in the UK in the first half of last year was over $200 Billion.  I’m no expert on the pricing of these deals, or the reasoning, but I have in mind a vision of the CEOs (with their General Counsels) from a potential acquirer and target company facing off across a teak boardroom table, or perhaps in a West End Club with panelled walls, negotiating on the price.
 
“I’m willing to pay £1.2Bn”
 
“Not a penny under £1.6”
 
“But that’s a 38% premium on your pre deal share price”