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AI Tool
Transform Your Contract Management with AI Assist
Streamline your contract lifecycle with powerful AI features for drafting and redlining.
Instant contract redlining and drafting with GPT-4 for speed and accuracy.Customize AI to match your unique contract language for better outcomes.Enhance collaboration with tracked changes and user permission settings.
Tags
VerticalsLegalContracts
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overview
What is Ironclad AI Assist?
Ironclad AI Assist is an advanced contract lifecycle platform that utilizes cutting-edge AI technology to enhance the efficiency of contract management. With its capability for instant redlining and drafting, it empowers legal professionals to make rapid edits while ensuring oversight and accuracy.
- Utilizes OpenAI’s GPT-4 technology.
- Supports corporate legal departments and contract professionals.
- Enhances contract review and negotiation processes.
features
Key Features of AI Assist
AI Assist comes packed with features designed to optimize the contract lifecycle. From instant drafting to customizable AI clauses, each feature is crafted to provide you with maximum efficiency and reliability.
- Instant contract redlining and review.
- Custom AI Clauses for tailored contract management.
- Integration with Ironclad’s lifecycle tools for seamless workflows.
use_cases
Perfect for High-Volume Agreements
AI Assist is particularly beneficial for handling high-volume, low-value agreements and 'third-party paper'. By automating routine tasks, it allows legal teams to focus on more complex negotiation and strategy.
- Accelerated contract review for high-volume workloads.
- Enhanced data extraction capabilities.
- Facilitated collaboration across teams.
Frequently Asked Questions
How does AI Assist ensure accuracy in contract redlining?
All AI-generated suggestions require user review and approval, maintaining human oversight in the contract management process.
Can I train the AI on my specific contract language?
Yes, with the Custom AI Clauses feature, legal teams can train the AI on their proprietary language without needing extensive AI engineering resources.
What types of contracts can AI Assist handle?
AI Assist is designed for diverse contract types, especially useful for high-volume, low-value agreements prevalent in corporate environments.