Legal budgets are tightening, while contract flow has increased. Many hours are spent performing a review of contracts that are in fact not risky, wasting both time and the firm's money. As a result, in-house lawyers can become reactive, with their jobs frustratingly bogged down by tasks far below their capabilities.
Up to 95% time saved for initial contract review
Up to 80% costs saved for initial contract review
Free your in-house team to focus on strategy, not NDAs
Our pre-screening tool understands the complex information present in a contract and compares your contractual positions against a bespoke playbook. This is rolled up into a single recommended action that a business user or lawyer can easily act upon.
Our pre-screening tool tells lawyers which contracts warrant more attention and where exactly they should look.
We are helping a major U.S. bank to pre-screen service agreements, SOWs and licensing agreements. We are able to help them review these contracts in around 3 minutes at a cost of $35 each; they had previously spent an average of 2-3 hours at a cost of $200 on each review.
Learn how automated contract pre-screening technology can free up an in-house legal team to deliver strategic and commercial value to the wider business.