Audience
Law Firms, In-house legal teams of mid-sized to large organizations
About ContractKen
What are the main use cases addressed by ContractKen?
1. Contract Review & Redlining: Leverages AI to identify, locate, explain, mitigate and redline edit key risks, ambiguous terms, missing clauses, etc. in the contract.
2. Integrate your Playbooks: Run drafts against your organization checklists or playbooks. Screen for terms / clauses which comply or deviate from approved standards and make a redline edit. Download the report within minutes.
3. Precedent based Drafting: Use your trusted precedents to create first drafts. Add instructions manually or upload term sheet, and let AI do the rest. Reduce time to first draft by up to 80%.
4. Formatting & Proof-Reading: Identify and navigate to all typical errors or oversight related to Defined Terms, Clause References, Money / Dates / To-do’s, etc., that creep in while the contract goes through multiple revisions / review cycles. This helps speed up the final check list work significantly.
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VerifAI
VerifAI is a generative AI powered MS-Word add-in which helps save 15+ hours/week in contract review
HIGHLIGHTS
• Reduce contract review time from 3 hours to 3 minutes with an AI tailored for lawyers
• Save over $4,000 per month on contract reviews
• Spend 15 hours less every week on reviewing contracts
• Pick from our rich gallery of contract playbooks and review guides
CAPABILITIES
• Flag contract risks against your personalized review guidelines
• Choose from a gallery of contract review guides tailored to your industry and contract
• Suggest redlines tailored to your guidelines
• Ask open-ended questions to an AI ChatGPT, tailored specifically for lawyers
HOW IT WORKS
1. Sign up for free and install VerifAI as an Microsoft Word Add-In
2. Open a contract you want to review
3. Choose your contract playbook, or pick from our templates
4. Instantly review the contract against your playbook guidelines
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Pricing
Pricing Details:
Custom
Free Trial:
Free Trial available.
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Company Information
ContractKen
Founded: 2021
United States
www.contractken.com
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