1 - Analyzing and documenting risks
Identifying and processing risky contracts and business relationships can be an onerous task. Build applications that allow you and your team to automatically calculate risks based on previously determined factors and process large amounts of documents in minutes rather than hours.
Contract Risk Assessor
A Contract Risk Assessor builds the foundation for a transparent assessment process to efficiently identify risks associated with contracts using a risk scoring model. The tool analyzes individual clauses against established risk criteria and is able to score a risk profile for each uploaded contract. Via integrations with contract analysis tools such as Kira, Luminance and RAVN, the tool can easily be embedded into existing core IT infrastructure.
Client Due Diligence Tool
Rapidly collate information and transform your existing CDD processes. The tool automatically evaluates both new and existing clients through the entire CDD process, determines whether simplified or enhanced due diligence is required, integrates with identity verification software and issues a written report while escalating any red flags.
Complete your obligations under money laundering regulations efficiently and use the AML Check to complete the entire process internally from data intake and identification all the way to suspect notification. The tool maintains a complete audit trail of all information which helps prove compliance in case of a routine examination by the bar association without any significant time expenditure.
2 - Scaling and distributing knowledge
Corporate clients often face similar legal hurdles and ask for related advice. Allow clients to easily make these decisions themselves by guiding them through an application that guides them through the different options available to them. Integrate your knowledge within your client’s business and build tools that facilitates their everyday decisions when dealing with business partners, customers and suppliers.
Business Entity Advisor
Empower your clients and provide them with a tool that automates the assessment process to determine which type of company best suits a given business project. The tool applies your legal expertise and reasoning while guiding the user through an interactive questionnaire step-by-step.
Transaction Signing Assistant
Easily build tools that navigate your client through the complex signing processes of commercial and financial transactions and involve the required approvers where needed. The legal counsel in charge is guided through the signing process step-by-step and can request and receive signatures from relevant parties in just a few clicks.
Negotiation Playbook Automator
Digitize negotiation playbooks for your organisation as well as your clients’ organisations and build tools that quickly check standard legal documents against standard corporate terms and rulebooks. Underlying risk scoring models determine risk profiles for individual terms and phrases.
3 - Creating standard documents
Spend less time on low-value work and create applications that automate the generation of standard documentation based on a client’s custom requirements
NDA Generator, Sales Agreement T&C Generator, Data Privacy Notice Generator, and many more
Offer customized standard documents at scale and draft agreements, notices and terms and conditions that are in-line with the policies of the client’s organisation in a fraction of the time in would otherwise take to draft them manually. An interactive questionnaire and the underlying modular logic of the tool let you create perfectly drafted documents in minutes.