Contract review remains a slow, manual process that strains legal teams, forcing lawyers to sift through dense language, flag risks, and translate legal terms.
In fact, the problem is so prevalent that for the past several years, Tokyo-based LegalOn Technologies has had an open door to that market: its AI contract review software for legal teams is today used by 7,000 organizations across Japan, the U.S. and the U.K., the company claims, and it leads the Japanese market, with 25% of all public companies in the country using its platform.
LegalOn’s AI contract review tool, Review, identifies risks and suggests edits based on playbooks built by lawyers, and each customer’s legal standards. The company claims Review cuts review times by…
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