Legartis
Overview of Legartis
Legartis: AI-Powered Contract Review and Analysis
What is Legartis?
Legartis is a leading AI platform designed to automate contract review, analysis, and playbook creation. It empowers legal, sales, and procurement teams to streamline their contract workflows, extract essential data, and ensure compliance, regardless of contract type or language.
How does Legartis work?
Legartis leverages advanced Agentic Legal AI, incorporating Large Language Models (LLMs), to deliver consistently high-quality analysis results. The platform offers features such as automated contract playbook creation, contract review, and legal analytics. It can identify clauses, assess risks, and extract key performance indicators (KPIs) from thousands of contracts within minutes.
Key Features and Benefits:
- AI Contract Playbook Creation: Generates customized playbooks rapidly for any contract type, simplifying complex legal processes.
- AI Contract Review: Accelerates contract review in every European language, ensuring high precision and platform independence.
- AI Legal Analytics: Extracts relevant data from active contracts, providing actionable insights and seamless synchronization with Contract Lifecycle Management (CLM) systems.
- High AI Quality: Achieves an F1 score of over 90%, balancing precision and recall in its analysis.
- Significant Acceleration: Enables highly customizable automation, accelerating contract review processes by over 85%.
- Versatile Language Support: Recognizes and analyzes contracts in every European language.
Why Choose Legartis?
- Save Time and Resources: Automates routine contract review tasks, freeing up valuable resources for more complex challenges.
- Ensure Compliance: Helps teams comply with company requirements and navigate contracts smoothly to closure.
- Increase Efficiency: Streamlines purchasing processes, allowing teams to focus on designing optimal contract conditions.
- Seamless Integration: Offers an Open API for effortless CLM integration, ensuring seamless synchronization of key contract data.
- GDPR Compliance: Processes all contract data exclusively on GDPR-compliant servers in Switzerland.
Who is Legartis for?
Legartis is designed for:
- Legal Teams: Automates contract review, enabling focus on more complex challenges.
- Sales Teams: Ensures compliance with company requirements, guiding them smoothly to contract closure.
- Procurement Teams: Increases efficiency in purchasing and allows them to design optimal contract conditions.
How to use Legartis?
- Request a Demo: Get a personalized demonstration of Legartis and its features.
- Integrate with CLM: Use the Open API for seamless synchronization with your existing CLM system.
- Automate Contract Workflows: Leverage Legartis' AI to automate contract playbook creation, review, and data extraction.
What our Customers Say:
- Norbert Knapp, Chief Commercial Officer, Publicis Gruppe: "With Legartis AI, the routine task of contract review is handled more efficiently than by costly back-office resources."
- Dr. Marc Hansmann, Director Legal & Compliance, Arvato Supply Chain Solutions: "The initial review of a DPA has been reduced from 45-60 minutes to under 10 minutes with Legartis."
Legartis FAQ:
- What does automated contract review mean? Automated contract review uses AI to identify and extract key information from contracts, assess risks, and ensure compliance.
- How accurate is the Legartis AI? Legartis AI achieves an F1 score of over 90%, balancing precision and recall.
- What languages does Legartis’ AI speak? Legartis' AI supports every European language.
- How does Legartis fit into the tech stack? Legartis integrates seamlessly with existing CLM systems through its Open API.
- What cost savings can we expect from implementing Legal AI? Implementing Legal AI can lead to significant cost savings by automating routine tasks and freeing up valuable resources.
Best way to accelerate contract reviews?
The best way to accelerate contract reviews is by using AI-powered platforms like Legartis. These platforms automate the review process, extract key data, and ensure compliance, saving time and resources.
In conclusion, Legartis offers a comprehensive AI-powered solution for automating contract review and analysis, enabling legal, sales, and procurement teams to manage contracts efficiently, reduce risks, and ensure compliance. Its high AI quality, versatile language support, and seamless integration capabilities make it a valuable asset for organizations seeking to streamline their contract workflows.
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