Question: Can you recommend a tool that automates contract review and finalization for large volumes of contracts?

If you need a system to automate contract review and approval for high volumes of contracts, Maigon is worth a look. The AI-based service is intended to work with a wide range of contracts, including data processing agreements, privacy policies and non-disclosure agreements. It checks for regulatory compliance like GDPR and industry standards, supports more than 50 languages and can be installed on a company's own servers.

Another powerful option is Lawgeex, which marries AI with human expertise for more accurate and transparent contract analysis. It can review and redline contracts according to company policies faster and more accurately, using thousands of prebuilt legal concepts. Lawgeex has shown dramatic cost and time savings, so it's a good choice for financial services, insurance, tech and health care.

If you want a broader contract lifecycle management system, LinkSquares offers a range of tools, including an AI-indexed contract repository, negotiation tool and project management module. The service integrates with tools like Word and Salesforce so contracting work can be more automated and visible, an approach that can be useful for legal teams trying to modernize their operations.

Last, Ironclad offers a lightweight but powerful system for managing and tracking contracts. It includes tools like digital contracts with self-service and control, compliance and approval workflows, and AI-powered analytics dashboards. Ironclad is designed to be collaborative and offers fast and secure contract negotiation and e-signing, so it's a good fit for business and legal teams.