SpeedLegal saves 550 hours to law firms yearly, reduces risk by 98%, saving thousands
As an individual attorney
I need to review contracts on a daily basis and spot deviations from the standard terms
- I need to keep the cost low for clients in order to keep a good relationship
- I do an initial read through and overall I read the contract 4/5 times
- Going through the documents, understanding if it is the latest version, categorizing and tagging them takes time
- Editing, reviewing, maintaining document version control and checking for duplicates is very time consuming
As a partner at a boutique law firm
I need to coordinate a team of junior lawyers and onboard new clients in a timely matter
- Retrieving, storing and finding the right document takes time
- I need to identify all contracts that have value higher than $100k
- I need to review 100,000 documents and spot liability provisions (e.g. 100k $), IP provisions, etc.
- There are a lot of exhibits and knowing exactly where the charts are within the document is time consuming
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5 Ways to Improve Your Legal Operations with Technology
Legal departments do more than just manage risks—they help businesses succeed. With the rise of digital transformation, it’s essential for legal teams to embrace technology. This blog highlights five ways tech can transform your legal operations: automate routine tasks, use data for smarter decisions, collaborate better with cloud tools, stay compliant with AI, and manage spending efficiently. By adopting these strategies, your legal team can work faster, save money, and add even more value to your organization.
How Contract Automation Can Save Time and Reduce Errors: Enhancing Efficiency in Legal Processes
Contract automation is changing the legal industry by using AI to save time, reduce mistakes, and lower costs. This technology makes it easier to create and review contracts and stay compliant, allowing legal teams to focus on more important work. By adopting contract automation, law firms and legal departments can improve their efficiency and deliver better results.
Avoid the Unknowns
Our automated risk analysis will save precious time and help you understand the key provisions and the risks of any legal document.
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