Horty Springer has partnered with LegalSifter!
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Together, we offer a “Combined Intelligence” solution for contract review and negotiation by in-house legal, compliance and operations teams.
What is Combined Intelligence?
Combined Intelligence is the solution that uses LegalSifter‘s AI + HortySpringer’s analysis. This gives you the ability to:
- quickly review documents from other parties with “sifters” customized to reflect your organization’s preferred legal and commercial positions
- drive consistency and reduce risk by providing consistent legal terms and best practices during the contract review and negotiation process
- deliver strategic value by streamlining business-as-usual contract review
What are “Sifters”?
Sifters are bits of software that are trained to read text, look for concepts that may be required for specific legal documents, and learn from experience and improve over time. These sifters will review a document and then identify important concepts that demand attention or are missing entirely. Once sifted, you can then review a contract in a matter of minutes using AI combined with the customized analysis and sample contract language from HortySpringer.
How Does LegalSifter Work?
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It is a very simple 3-step process.
LegalSifter allows you to review contracts in a minute or two using artificial intelligence and HortySpringer’s analysis. The process starts by a client/user uploading a draft contract into LegalSifter. Sifters review the document and then identify important concepts that demand attention or are missing entirely. The Sifters trigger Help Text and in-context analysis and sample language that can be tailored to the client’s business and negotiation position. The whole process takes a matter of minutes.
What are the Benefits of Using LegalSifter?
Contract review in a minute or two…
- Documents are reviewed quickly using SIFTERS that are customized to spot specifics and to reflect preferred legal and commercial positions;
- Legal budgets can be managed by working smarter and faster;
- Alternative terms can be quickly and efficiently incorporated into a redline; and
- Transactions can be completed more effectively and efficiently.
Combined intelligence is a new standard for quality…
- Sifters provide a second set of eyes.
- Sifters read your document to find important concepts that demand attention or are missing entirely.
- Risks are reduced by providing consistent legal terms and best practices during the contract review and negotiation process.
The value potential of your people is increased…
- Fewer back-and-forths in negotiations lower costs.
- Work can be more efficiently allocated.
- You can focus on delivering strategic value by streamlining business-as-usual contract review.
Example of How LegalSifter Works:
“LegalSifter has empowered our firm to provide quick and efficient review of legal contracts for our clients. AI has made tremendous leaps and bounds, and it has become a productivity enhancer, especially in applications of the law. It’s a win all around for law firms and their clients.”