LegalForce (リーガルフォース) AI Contract Review Platform
LegalForce is an AI-powered contract review platform that combines cutting-edge technology with legal expertise to streamline and enhance the contract review process.
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https://legalforce-cloud.com/
Product Information
Updated:12/11/2024
What is LegalForce (リーガルフォース) AI Contract Review Platform
LegalForce (リーガルフォース) is an AI contract review platform developed by LegalOn Technologies, Inc. to improve the quality and efficiency of corporate legal operations. Launched in April 2019, it has rapidly gained traction and is now used by over 3,500 companies and law firms as of December 2023. The platform leverages natural language processing and other AI technologies to provide comprehensive contract review support for approximately 60 types of contracts in both Japanese and English.
Key Features of LegalForce (リーガルフォース) AI Contract Review Platform
LegalForce is an AI-powered contract review platform that combines cutting-edge technology with legal expertise to streamline the contract review process. It offers automatic risk detection, clause comparison, document search, and knowledge management capabilities to improve the quality and efficiency of legal operations for companies and law firms.
AI-powered automatic review: Instantly identifies risks and highlights relevant clauses in contracts, supporting comprehensive risk assessment and preventing oversight of necessary provisions.
Customizable review criteria: Allows users to register company-specific review standards and modify policies to enable reviews based on unique organizational requirements.
Extensive contract template library: Provides access to over 1,600 lawyer-supervised contract templates across various types, enabling quick reference and customization.
Multilingual search capabilities: Enables users to search English contracts using Japanese input, facilitating efficient research of reference clauses in foreign language agreements.
Knowledge management system: Stores and organizes past contracts, company templates, and review histories to build an institutional knowledge base and prevent information silos.
Use Cases of LegalForce (リーガルフォース) AI Contract Review Platform
Small legal departments: Enables thorough contract reviews even with limited manpower, providing efficiency and peace of mind for solo or small legal teams.
Large corporate legal teams: Supports review processes, facilitates knowledge sharing among team members, and aids in team management for mid to large-scale legal departments.
Law firms: Improves response speed to client requests, enhancing client satisfaction and trust in legal services provided.
Startups: Allows startups to maintain high-quality legal operations and protect their technology with limited resources, as seen in the Spider Labs case study.
Pros
Significantly reduces time spent on contract reviews, with some users reporting up to 50% time savings
Improves consistency and quality of contract reviews across an organization
Facilitates knowledge sharing and reduces reliance on individual expertise
Continuously updated to reflect legal changes and new contract types
Cons
May require initial setup and customization to align with specific company needs
Potential learning curve for users unfamiliar with AI-powered legal tech tools
Effectiveness may vary depending on the complexity and uniqueness of contracts being reviewed
How to Use LegalForce (リーガルフォース) AI Contract Review Platform
Upload contract document: Upload your contract file (Word, PDF, or image PDF) to the LegalForce platform.
Select contract type and position: Choose the type of contract from about 60 available categories and specify your company's position (e.g. seller, buyer).
AI automatic review: The AI will instantly analyze the contract and display check points, highlighting relevant clauses to identify potential risks and omissions.
Review AI suggestions: Review the AI's suggestions, which include lawyer-supervised guidance, sample text, and relevant legal information to help with revisions.
Make revisions: Make necessary revisions to the contract based on the AI suggestions, either within LegalForce or by downloading results to edit in Word.
Use additional features: Utilize other features like clause search, template library, custom review criteria, and version management as needed.
Save and manage: Save the reviewed contract in LegalForce to build your company's contract database and knowledge base for future reference.
LegalForce (リーガルフォース) AI Contract Review Platform FAQs
LegalForce is an AI-powered contract review platform that helps improve the quality and efficiency of contract review processes. It uses AI technology to automatically review contracts, detect risks, and provide suggestions for improvements.
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Analytics of LegalForce (リーガルフォース) AI Contract Review Platform Website
LegalForce (リーガルフォース) AI Contract Review Platform Traffic & Rankings
280.8K
Monthly Visits
#121539
Global Rank
#135
Category Rank
Traffic Trends: Jun 2024-Oct 2024
LegalForce (リーガルフォース) AI Contract Review Platform User Insights
00:09:25
Avg. Visit DTabsNavuration
9.55
Pages Per Visit
34.03%
User Bounce Rate
Top Regions of LegalForce (リーガルフォース) AI Contract Review Platform
JP: 100%
Others: NAN%
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