Introducing AI Revise and LegalOn's Official US Launch
April 26, 2023
Today at LegalOn, we are excited to introduce AI Revise, the first AI contract editing tool enhanced by expert legal knowledge. As we shared in our official press release, AI Revise combines detailed legal practical guidance with the latest GPT technology from Azure's OpenAI Service. This groundbreaking technology enables legal to make sophisticated contract revisions in seconds.
We are also announcing that LegalOn is now commercially available to all customers in the United States. Our subscription offerings will soon include AI Revise and many other time-saving and contract-strengthening features.
Turn LegalOn's alerts and suggestions into expert revisions with AI Revise
At LegalOn, our AI automates many of the most tedious parts of contract review. AI Review assists legal teams by spotting risks in third-party contracts and redlines and suggesting solutions to make contracts stronger before you sign. Now, we've taken a leap forward – AI Revise enables users to turn our suggestions into revisions.
Unlike general AI systems, AI Revise is purpose-built for legal contract review. We built AI Revise on top of LegalOn's AI Review and the proprietary legal content and guidance written by our team of experienced attorneys. Our attorneys trained AI Revise with thousands of tests and countless hours of refinement to ensure it is trustworthy and precise.
We focus on our products being usable on Day 1 for customers, with no setup or training of the AI required. AI Revise delivers instant value because we've trained the AI to fix hundreds of nuanced contract risks for every contract type we cover, leveraging our practical guidance content. It's a great example of the unique value we provide with our combination of software and guidance.
What our early access users had to say
We gave early access to our product to more than 60 lawyers and legal professionals in a few dozen select companies and law firms starting in January. LegalOn's AI and legal content helped users save time, control risks, and focus more on other higher-value work. Here's what we heard:
"LegalOn is the best implementation of review technology I've seen," observed Hans Kim, General Counsel to startups and venture capital funds and former Head of Legal at Atrium.
"I use LegalOn consistently," stated Alenda Martin, Senior Contract Manager at Turo. "The AI picks up critical issues quickly and accurately. The guidance and sample language are helpful to fix and negotiate those risks. And now, AI Revise feels like a major advance – it's really exciting to see."
"LegalOn is impressive," noted Josh Schmand, Associate General Counsel at ScribeAmerica. "The AI provided spot-on alerts to identify risky contract terms. The practice notes were excellent and helped me edit more efficiently."
"LegalOn accelerates and enhances our contract review process by helping identify areas that require closer attention," said Chad Perlov, Director of Legal Affairs at OneNeck IT Solutions. "LegalOn's practice notes that guide us on risk and alternative language can also save time and research in the drafting process."
Now with even more contract time-saving and contract-strengthening tools
AI Revise is one of many tools within LegalOn's product suite. Coming out of the early access period, LegalOn's product now includes many new benefits and features, such as:
More contract coverage: instantly review Master Service Agreements, Purchase Agreements, and more with AI trained to spot hundreds of nuanced contract risks specific to each contract type and your negotiating position.
Edit and collaborate: revise contracts and collaborate with colleagues within an in-browser editor.
Search clauses and contracts: search prior contracts and templates to find on-point clauses as you draft and edit.
We are thrilled to launch LegalOn in the US and are thankful for the positive feedback and guidance from our early-access users! If you want to learn more about how LegalOn can help you negotiate stronger contracts faster and save you from the most tedious parts of contract review, sign up for a demo today. We can't wait to help!
LegalOn Technologies is a global leader in AI contract review, trusted by over 4,500 companies and ﬁrms worldwide. Our software helps legal teams find and ﬁx contract risks with industry-leading AI and legal guidance content purpose-built for pre-signature contract review. LegalOn operates globally with businesses in Japan and the United States. Sign up for a demo today and start negotiating stronger contracts faster.
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