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E.g. Luminance, Kira, Realtivity, Diligen
Definition:
Tools powered by AI that provide high quality contract review, helping to cut review time significantly by automatically identifying key provisions, generating summaries, and helping teams manage the contract review process.
2022 Lex Mundi Member Survey
68 participants - which makes the survey accurate + / - 10% (19 times out of 20. We
provided “value for money” and “ease of adoption” only where we have four or more responses.
|
Vendor |
Firms |
|
Kira |
Arthur Cox, Baker Botts L.L.P., Bowmans, Morrison & Foerster LLP, Womble Bond Dickinson |
|
Luminance |
Advokatfirman Vinge KB, Chiromantic, Gide Loyrette Nouel A.A.R.P.I., Houthoff, Morais Leitão, Galvão Teles, Soares da Silva & Associados, Pestalozzi, Rajah & Tann Singapore LLP, Shardul Amarchand Mangaldas & Co |
|
Realtivity |
Clayton Utz |
Note: Lex Mundi has a special offer for member firms for the Diligen document review software (a two-month, free, trial (paid for by Lex Mundi) including training and consulting support).
Tools
From our knowledgebase:
Lists of contract review tools for law firms:
• Legal Tech Hub
• LawNext
• Orrick’s Observatory