Question: Is there a tool that uses AI to help lawyers review and draft contracts more efficiently?

Maigon is an AI contract review tool that automates contract review so lawyers can spend more time on manual review. It can handle a broad range of contracts, including compliance with regulations like GDPR, and works in more than 50 languages. The company just added OpenAI's GPT-4 to its system for more sophisticated compliance checks, and it's geared for high-volume contract reviews.

Another all-purpose tool is LinkSquares. It's designed to manage the full contract life cycle, from creation to analysis, and uses AI to try to make it more efficient. That includes an AI-indexed contract repository, negotiation tool and project management system that can be integrated with tools like Word and Salesforce. That makes it a good option for in-house legal teams trying to bring their contract work into the modern era.

Another option is Superlegal, which speeds up contract review and lets businesses sign deals faster while cutting legal costs. It can create contracts, collaborate with others and integrate with eSignature tools, and it can handle a range of commercial contracts. It offers market-based and legally verified reviews, which can help you negotiate better deals.

If you're already using Microsoft Word, Spellbook offers AI-powered contract drafting and review. With large language model technology, it can suggest language, flag aggressive terms and generate precise redlines. That can be helpful for transactional lawyers trying to automate routine work and focus on higher-level strategy.