New AI-powered contract review capabilities speed negotiations, eliminate time-consuming processes
LinkSquares, provider of the fastest and most comprehensive AI-powered contract lifecycle management and analysis tool, today announced new artificial intelligence capabilities for LinkSquares Finalize, its pre-signature technology. With AI-Powered Contract Review in LinkSquares Finalize, general counsels and legal teams can automate reviews and surface critical information from contracts to accelerate deals, minimize risk, and decrease manual processes. By extending the power of LinkSquares’ AI from Analyze, LinkSquares’ post-signature tool, into Finalize, LinkSquares now offers the first end-to-end AI-powered contract lifecycle management platform.
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“General counsels, chief legal officers and legal teams are using the power of AI across contract analysis, management and review to accelerate their function and strategically transform their businesses”
Legal departments and procurement teams routinely review third-party contracts to identify terms and clauses that could introduce risk to their organization. Legal teams often have to manually read through each term in lengthy external contracts, and comparing third-party language to in-house terms can make the process even more time-consuming. The AI-Powered Contract Review in Finalize helps legal and procurement professionals automate the first pass of contract reviews, eliminating manual reviews and focusing teams on critical terms of negotiation.
AI-Powered Contract Review helps legal teams:
- Quickly surface clauses that require attention and speed the contracting process
- Eliminate manual reviews and time-consuming processes to focus on negotiations and high-value strategy instead
- Minimize risk with the assurance that legal teams have reviewed every important term and clause within third-party contracts
“General counsels, chief legal officers and legal teams are using the power of AI across contract analysis, management and review to accelerate their function and strategically transform their businesses,” said Vishal Sunak, CEO and co-founder of LinkSquares. “The new AI capabilities in LinkSquares Finalize is one of the first approaches to grant contract stakeholders more insights and data than any other pre-signature solution.”