CONTRACT REVIEW FOR THE MODERN LEGAL TEAM
In-house legal teams that use Clearlaw software to assist with their review process mitigate contract risk while helping the business to close deals more quickly.
HOW IT WORKS:
INTRODUCING ALLY, OUR AI-POWERED LEGAL ASSISTANT
CHECK EVERY CLAUSE
We use machine learning algorithms to compare new contracts to your previously executed documents so that you don't have to repeatedly review the same language. Instead, Ally reads every line of an incoming contract and identifies non-standard language. You will know which sections of the contract meet your legal guidelines and which require your review.
Using the contracting decisions you've made before, Ally provides recommendations to better align your contract language with your business objectives. You can reference and review the context behind these suggestions, so you can feel confident you've made a decision supported by your own data.
EASY EDIT & EXPORT
Simultaneously review Ally's suggestions and make revisions to the contract directly within the platform. You can choose to keep the original wording of a flagged clause, accept Ally's suggested language, or edit the language however you'd like. Exporting to Microsoft Word is done by a single click, with no loss of formatting.
ADVANTAGES OF USING CLEARLAW
It's easy to miss a single troublesome clause hidden in a 30-page contract full of "legalese". But Ally reads every single word, every single time. Any language that deviates from your standard preferred terms will be highlighted so that you can't miss it . . . even at the end of the quarter when you're working on limited sleep.
According to a CEB study, 90% of surveyed legal team members think they slow down other business functions. Ally prevents legal teams from being the bottleneck in contract review by providing a self-updating "contract playbook" to guide the team through negotiations. Your team will no longer have to dig through the share drive to find relevant fallback language.
RETAIN INSTITUTIONAL KNOWLEDGE
How valuable is your most experienced team member? Ally absorbs every contracting decision your organization has made and presents that information in an easily accessible manner, allowing leaders to make informed decisions about how their contracts may need to evolve to keep up with the business.