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TermScout Blog

We know contracts inside and out. Our contract experts provide deep expertise and insights into industry trends and updates. Follow our feed to hear from thought leaders in the contract review industry, learn best practices for optimizing your contract review process, and stay up to date on what is happening at TermScout.

Summer 2022 Updates to Ratings: IT Contracts

TermScout periodically reviews contract scoring to ensure that its published favorability ratings on more than 1,000 public IT contracts are as up-to-date and accurate as..

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TermScout Data Explained – IT Contracts

TermScout reviews and determines a party favorability rating that is based on more than 750 bits of structured data points. These data points also serve as the backbone of the..

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Red Hat Customer Agreement: the Good and the Bad

Have you ever found yourself wanting to purchase a good or service that your business needs, but having a moment of panic when you are asked to accept the vendor’s contract terms..

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TermScout’s Beta Platform Launch Showcases how Contracts can be a Competitive Advantage

How many contracts does your company sign in a year? Businesses in the US sign millions of contracts every week, often without knowing what the risks are or how they compare to..

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Key Hires

Meet our new TermScout team members – they’re already shaking things up You may have read our recent funding announcement, one of the most important investments TermScout is..

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[Video] The Scout Report – Episode 3: How Contracts Impact The Software Sales Process

If you’ve ever been in sales or have purchased business critical software, you know that the contract review process is a friction point and has a significant impact on the..

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TermScout Secures $1.25 Million Seed Funding to Grow Legal Tech Offerings and Sales

All of us at TermScout are excited to announce that we’ve closed a $1.25 million funding round – and previous $350,000 convertible note for a combined $1.6 million. The Series..

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The Scout Report Video – Episode 1

Summary Otto Hanson, CEO of TermScout, hosts the show with guest Bill Mooz, Executive Director at The Institute for the Future of Law Practice. Otto and Bill discuss best..

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TermScout joins Techstars 2020 Accelerator Class in Boulder, CO.

Each year, Techstars selects hundreds of companies to join their three-month mentorship-driven accelerators, investing $120K and providing hands-on mentorship and access to the..

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