Glossary

What are smart contracts?

What are smart contracts?

Smart contracts, also known as intelligent contracts, are digital agreements that facilitate any type of transaction. They are becoming more and more important in the legal world. Fueled by the exponential popularity of blockchain technology, they are becoming more and more popular...

What is the Sapin II law?

What is the Sapin II law?

According to a study conducted by the AFJE and Ethicorp, 21% of lawyers said they did not have a clear vision of the Sapin II law, in 2019. This is a pity! Because this law encourages companies to install reflexes internally in order to fight, in particular, against the...

What is a legal clause?

What is a legal clause?

Did you say clau... what? Like many professionals who are not necessarily lawyers, you may not be familiar with the definition of legal clausier. No problem, it's not irreparable. In this article, we will explain to you what is a...

What is the RGPD?

What is the RGPD?

Since its implementation in May 2018, we have been hearing a lot about the RGPD, or General Data Protection Regulation. Indeed, this regulation has largely impacted companies of all sizes, now obliged to strengthen their data control...

IFRS 16: everything you need to know about the standard

IFRS 16: everything you need to know about the standard

For several years now, the regulations in terms of accounting for leases have changed for companies. Everything is defined by the - very dark - IFRS 16 standard which is sometimes difficult to understand. We shed light on its impacts in this article...

What is a synallagmatic contract?

What is a synallagmatic contract?

Contract law distinguishes between unilateral contracts and synallagmatic contracts. Although the latter is little known to the general public by its name, it is in fact very common, since contracts of sale and real estate leases belong to this category.

What is Intelligent Contract Management?

What is Intelligent Contract Management?

Within a company, contract management refers to all the processes involved in drafting, managing and monitoring contracts. In companies that handle large volumes of contracts, these represent a major legal and financial challenge, which is why it is so important to...

What is a legal service?

What is a legal service?

In 2021, three out of four legal directors will be involved in their company's COMEX/CODIR, compared with two out of three in 2018. The strategic role of the legal department has therefore become more pronounced in recent years, and rightly so. Why has this happened? What are the...

What is compliance?

What is compliance?

Even if more than 85% of companies have compliance systems, nearly 60% of them are only partially up to date with their obligations (source: study on the state of compliance and anti-corruption in companies,...

What is a summary sheet?

What is a summary sheet?

A recent study reveals that 23% of companies track their contractual commitments with Excel, 19% with alerts on an electronic calendar and only 16% via a contract management tool. It is therefore difficult to have an exhaustive view of the...

What is Artificial Intelligence?

What is Artificial Intelligence?

Everyone has heard about it, everyone thinks they know and have an opinion about it, but what is it really? Hyperlex decided in 2017, when it was created, to use artificial intelligence, which will make it easier to manage contracts by...

What is a Contract Manager?

What is a Contract Manager?

A job that is becoming increasingly popular with the rise of contract management, the Contract Manager is not necessarily who you think he is. And for good reason: he or she is not always a lawyer. Would you like to know more? You've come to the right place. In this article, we take a look at...

What is Blockchain?

What is Blockchain?

Blockchain is the revolutionary technology behind Bitcoin and other crypto-currencies. But beyond the buzzword, it is revolutionising a number of sectors including health, finance or contracting...

What is the Cloud?

What is the Cloud?

Certainly the most fashionable technology in the corporate world. Cloud computing", understand "informatique en nuage" in French, divides. Holy Grail of collaborative work for some, threat to information security for others....

What is a contract audit?

What is a contract audit?

Analyzing all of its contractual data in order to draw conclusions and make decisions is a very tangible reality in business. Regulatory changes, financial operations or major events such as the coronavirus crisis, there are many reasons why...

What is a contract database?

What is a contract database?

Don't panic, in this article we will explain to you simply and in non-scientific jargon what a database is. Also called "DBD" or "database", databases are generally present in companies to store and analyze information about their customers....

What are legal KPIs?

What are legal KPIs?

The legal directorates have long been exempt from evaluation based on quantified performance criteria. Rather expected on regulatory issues, their position in the company is being reinvented and they are being asked to be true business partners....

What is legal digitalisation?

What is legal digitalisation?

We are talking about the digitalisation or digital transformation of the legal function. Contrary to popular belief, legal digitisation does not refer to the tools used. The tools are the means to respond to the daily difficulties of the...

What is a validation workflow?

What is a validation workflow?

As teams are becoming more and more mobile and the volume of contracts is constantly increasing in companies, this greatly complicates the control and monitoring of commitments. Internal validations involve many professionals, which can slow down...

Qu’est-ce qu’un parapheur électronique ?

Qu’est-ce qu’un parapheur électronique ?

Le parapheur électronique vient remplacer son homologue papier et ses nombreux intercalaires. Mais les fonctionnalités offertes par la version électronique sont bien plus nombreuses. Les circuits de validation sont digitalisés ce qui permet d’accélérer les processus...

What is contract management software?

What is contract management software?

Contract management software, also known as "CLM software" or "contract management software", is a tool for all your employees. Indeed, it allows the legal, commercial, purchasing, financial and other teams to

What does legaltech mean?

What does legaltech mean?

Having become key players in the legal landscape, legaltechs are numerous on their market. The Village de la Justice lists more than 200 of them! Some legaltechs are aimed at the litigants, others at legal professionals, lawyers, notaries,...

What is Contract Management?

What is Contract Management?

Contract management, or contract management, which is essential to the economic health of the company, requires the collaboration of the various internal players. The legal department and the operational departments are users of the contract and must work together....

[Definition] ECLM

[Definition] ECLM

Our Anglo-Saxon neighbours speak of Contract Lifecycle Management (ECLM), which we will translate as Enterprise Contract Lifecycle Management. It is a term we regularly hear in business, but you should know that it does not refer to a company's...

Definition] Contract Management

Definition] Contract Management

Hyperlex deciphers "contract management" for you. It is used everywhere and has even given rise to a new profession, the contract manager, but what does it really mean? We give you all the keys to understanding the challenges of contract management...