LegalForce
LegalForce is an intelligent contract analysis and cloud-based management solution that leverages artificial intelligence to streamline legal workflows, boost precision, and accelerate the entire contract lifecycle for businesses and law firms.
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Introduction
What is LegalForce?
LegalForce is a cutting-edge contract intelligence platform that utilizes artificial intelligence for automated contract analysis and cloud-based management. It employs advanced natural language understanding and machine learning algorithms to swiftly pinpoint critical metadata, potential risks, and discrepancies within legal documents. The system offers end-to-end contract lifecycle oversight, integrates seamlessly with popular e-signature providers, and includes powerful tools for search, version tracking, and organizational knowledge building, trusted by more than 2,000 corporate and legal clients worldwide.
Key Features
Intelligent Contract Analysis
Utilizes sophisticated AI to swiftly identify missing clauses, potential hazards, and inconsistencies in agreements, significantly cutting down review duration without compromising on thoroughness.
Automated Data Capture
Intelligently pulls out vital details like contract names, involved parties, effective dates, and renewal conditions, building a well-structured and easily searchable repository.
End-to-End Contract Oversight
Orchestrates the entire contract journey from drafting to expiration, featuring version history, progress monitoring, and permission settings to simplify cross-team collaboration.
E-Signature and Security Integration
Connects via API with leading electronic signature services and security systems to enable secure single sign-on and multi-factor authentication for safe execution.
Multi-language and Template Library
Capable of analyzing dozens of contract varieties, including those in English, backed by an extensive collection of templates and the ability to search by specific clauses.
Knowledge Base Development
Learns from past contract analyses to build a shared knowledge repository, enabling continuous improvement and smarter future assessments.
Use Cases
Corporate Legal Teams: Increases the speed and reliability of contract examinations, freeing legal professionals to concentrate on strategic work by automating standard reviews.
Legal Practices: Empowers attorneys by minimizing time invested in risk assessment and meticulous proofreading, thereby elevating the standard of service delivered to clients.
Holistic Contract Lifecycle Oversight: Systematically manages agreements from initiation through to renewal, guaranteeing adherence to terms and prompt handling of key dates.
Seamless Business Process Integration: Works in harmony with e-signature and security infrastructure to create a fluid and protected contract approval and signing pipeline.
Cross-border Contract Analysis: Simplifies the review of multilingual documents, including English agreements under New York law, with assistance for translation needs.
