Spellbook Description
With AI, it is 3x easier to draft contracts. Spellbook uses GPT-3 to review your contracts and suggest language, right from Microsoft Word. Spellbook is a legal text expert that can instantly suggest language for your contracts. Close better deals, faster. Spellbook takes out the nitty gritty so you can concentrate on creating strategic value. Spellbook is more than a contract-speaker. It has been trained using Wikipedia, books, and the Internet to be able to reference facts about the world. Spellbook is powered OpenAI's GPT-3, a large large language model that provides incredible performance. Spellbook is the only GPT-3-powered tool that has been tuned to contracting and integrated with Word.
Spellbook Alternatives
DraftWise
Connecting lawyers to their best language for faster and more accurate contracts. Automate your tedious drafting. DraftWise can quickly and efficiently generate the first markups of any contract by referencing past deals. Connect your lawyers to their best language. Search deal history, compare clauses and instantly redline in Microsoft Word and Outlook. Surface critical insights for understanding "what is market", and refer to what opposing counsel has previously accepted, to ensure comprehensive negotiations tactics at every stage. Our culture is committed to excellence in data protection. DraftWise is an AI solution that empowers lawyers at every stage of the process, from contract writing to negotiation, by leveraging the breadth and depth of your deal history. You can easily tackle complex agreements while keeping your team focused on more strategic tasks.
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VerifAI
VerifAI is an AI add-in for MS-Word. It saves 15 hours/week for lawyers when reviewing contracts.
HIGHLIGHTS
• Review a contract in 3 minutes instead of 3 hours with the latest AI technology for legal
• Save up to $4,088 per month with contract reviews
• Increase your revenue per employee by 5x in the legal department
Choose from our extensive collection of contract playbooks, guidelines and other documents.
CAPABILITIES
• Mark contract risks against the personalized guidelines you set
Choose from a selection of contract guidelines that are tailored to your industry or contract.
Please suggest redlines that are tailored to your guidelines
• Ask open-ended legal questions to a trained AI ChatGPT.
How it works
1. Install VerifAI for free as a Microsoft Add-In
2. Open the contract you wish to review
3. Choose from our templates or your own contract playbook.
4. Instantly compare the contract with your playbook guidelines
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Lexion
Lexion integrates and synchronizes contracts across your systems to create a single source for truth. It is tedious and slow to manually track vital information. Lexion's AI finds the information you need automatically and gives you tools for verification. Reduce time spent on manual review, data entry and common contract questions. To assess compliance, pull up reports. Prepare for audits, financing, or M&A. You should have plenty of notice to cancel or renegotiate contracts. Our white-glove Onboarding provides a fully organized repository for contracts with key terms populated by Lexion’s AI. From the ground up, Lexion is designed with enterprise security, performance, SLA requirements, and enterprise security. Lexion was developed at an acclaimed AI research institute and is funded by a prominent venture fund. Our team is a proven success story in building innovative companies and cutting-edge AI products. We also have the ability to create productivity applications that people want and love.
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Onit Catalyst for Contracts
Catalyst for Contracts is designed to "work where you are," integrating seamlessly with your users' preferred tools. It uses conversational AI to assist legal professionals in quickly and confidently drafting language, finding inconsistent terms, explaining clauses, rewriting positions, etc. Use AI and NLP to extract contract data and process legal text quickly to understand your exposure to regulatory changes, identify contract trends and get answers to important business questions. You can quickly resolve complex issues by using fallback positions that have been approved or by comparing clauses to your embedded clause library. AI tools in contracts can help you speed up contract reviews by identifying defined terms, cross references, and potentially risky language.
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Integrations
Company Details
Company:
Rally
Year Founded:
2018
Headquarters:
Canada
Website:
www.spellbook.legal/
Media
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Product Details
Platforms
SaaS
Windows
Mac
Type of Training
Documentation
Customer Support
Online
Spellbook Features and Options
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