Contract drafting and review assistant, inside Microsoft Word
2x faster, highly secure, tailored for lawyers
- Integrate your own contract playbooks or use industry out-of-the-box
- Apply surgical redlines and suggestions, draft or refine clauses using powerful AI inside Word
- Integrate org standards like Clause Library, Precedents with Term Sheets, LoIs, etc. while creating new drafts
- Ensure full privacy and confidentiality of your data using industry leading 'Moderation Layer'
Review & redline third party drafts with ease, 80% faster
Detect critical risks, ambiguous terms
- Identify top issues using ContractKen's powerful AI and carefully curated knowledge layer
- Navigate to problematic text directly, understand why it's an issue and get a mitigation plan for each issue
1 click redlining and commenting
- Apply recommended redline edits surgically, while adding an explanatory comment automatically
- Review AI suggested edits before applying
Precise drafting for missing clauses
- Automatically detect clauses that are important to protect your party's interests
- Draft clauses with full context of the contract, and any additional instructions you can provide
Use Precedent based drafting to create first draft, within minutes
Use trusted precedents to create new drafts
- Upload your precedent, provide instructions for the new draft that you need and AI does the rest
- Create your first drafts in less than 5 minutes, and spend your valuable time finishing it
Upload term sheets or LoI directly inside Word
- Use the term sheet or LoI (.docx, .xlsx, .pdf formats) to instruct AI on what changes need to be made to the precedent
- AI interprets the uploaded documents and converts them into editable instructions within seconds
Apply changes & get to first draft quickly
- Review each update, addition or deletion to the precedent made by AI or accept all changes at once
- Use integrated clause library to finish off with specific clauses
Build, deploy & distribute your contract playbooks
Bring your org's playbooks inside Word
- Import pre-existing playbooks and run them against contracts
- Navigate to problematic text directly, understand why it's an issue and get a mitigation plan for each issue
Create multiple flavors of your playbooks easily
- Customize default playbooks for clients, practice or department needs & share with other users inside your org.
- Customized suggestions against your org standards (e.g. preferred / fallback language) for each important issue
Download report in Word or Excel format
- Custom reports created after running your playbook flavor against a contract can be downloaded from Word add-in
- Previously run reports are always available on tap
Use Defined Terms & formatting to ensure high quality work
Detect all Defined Terms and any errors
- Review the list of all Defined Terms at one place and navigate easily within the document through all instances of its use
- All Defined Terms errors automatically identified and navigable
Identify placeholders, currency, dates, etc.
- Detect and navigate to any use of currencies (number or word), dates or placeholders
- Configure your custom patterns and reduce 'closing time' of a contract by 60%
Remove inconsistent clause references
- Ensure that delinquent section or clause references are detected and fixed
- Identify and double check references to any external laws, acts
Why ContractKen?
Speed to Value
- White glove onboarding & attention from founding team
- Fast trial to production cycle
- Leverage AI to amplify your expertise in contract drafting, instead of learning new systems
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Security from Ground Up
- Industry leading 'Moderation Layer' keeps your data private and safe
- Continuous investment in audits and tests
- SSO, easy access controls, and audit trails
AI Assisted, Human Driven
- Identify, locate, understand and redline problematic language, inside Word, with a few clicks
- Run third party drafts against your playbooks
- Precedent based drafting helps you create first draft within minutes
ContractKen integrates seamlessly with
Microsoft Word
Microsoft Outlook
Microsoft Teams
Microsoft OneDrive
Salesforce
Dropbox
Google Drive
Sharepoint
Thoughts about contracts, AI and more...
Applying AI in contract review and drafting
We discuss the details of LLM pipeline and other traditional NLP / ML technologies deployed inside ContractKen products.
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A deep dive into contract summaries
Most comprehensive write-up on Contract Summaries - what are these, how to create them, how to use AI to generate different types of contract summaries and what are the key benefits and considerations in using contract summaries .
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What is an AI Copilot?
What is an AI Copilot and why it is the right paradigm to infuse AI into knowledge work, especially legal contract drafting. Discuss development and adoption of Copilots in all knowledge work areas like coding, analytics, contract review and drafting, copywriting, etc.
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