What slips away fast, and you can’t get back? TIME. This holiday we are sharing 12 ideas and tips on saving and getting time back with your legal tech.
On the Fifth Day of Giving, My Legal Tech Gave to Me… AI-Assisted Review
We know you are busy. And reviewing contracts can consume a lot of your time. According to a 2021 EY Law survey, 99% of organizations report that managing current contracting workloads is a challenge.
Lucky for you – ContractPodAi was built for lawyers, by lawyers. In fact, we have lawyers on almost every internal team—Sales, Engineering, Product, Customer Success, and of course, our own legal team. So we know what you need. Time. More time to focus on high-priority matters and less time wasted with administrative work.
Introducing Contract Risk and Compliance, better known as AI-assisted contract review. CR&C is like having an assistant that loves to read, analyze contracts, enjoys repetition, never gets bored. CR&C reviews and analyzes contracts and highlights the areas of risks so you can put your focus where it matters. Not only does this benefit YOUR day-to-day operations, but the rest of the organization will also appreciate the results because you’ll get more work done without doing more work.
Drive Performance
Admittedly, AI can’t do everything you do, but there are a few things it does well, including fast contract review and objective risk analysis. The AI performs repetitive tasks so you make the appropriate corrective action and move contracts forward faster.
Manage Risk
With AI, you can review more contracts faster and reduce risk by embedding your legal intelligence into the overall workflow and contracting process through playbooks. Senior legal professionals can delegate and ensure all contracts are reviewed, including the more standard, less risky matters.
Need to take your contract review to the next level? See how ContractPodAi can help with a personalized demo.
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