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Contract Review: While not a replacement for a human lawyer, ChatGPT can help identify and highlight potential areas of concern in a contract, such as overly restrictive clauses or terms that are unfavorable. Legal Definitions: Quickly get definitions for specific legal terms or phrases found within contracts.
Once the AI is trained, users can input a contract and let the AI compare it to existing examples and highlight any glaring issues. Some AI contract tools simply point out problems, but others can suggest changes and revise the contract directly.
For example, Juro users simply submit a prompt in the platform asking for a contract or specific clause to be drafted. The contract AI then drafts the contract based on the information in your prompt and any additional guardrails and conditions you've set up.
Legly reviews business contracts in seconds and highlights deal-breakers and missing clauses for you before signing.
Lawgeex. Lawgeex is what you need if you want to automate the contract review process. The app uses AI-driven tools to review and redline contracts in ance with your company's policies, guidelines, and other legal concepts.