We are launching a free Word-plugin enabling AI-review of any contract. We are not launching at the exorbitant monthly fees of nowadays’ AI startups and AI scaleups, and still offering the same (or better) AI playbook functionality:
- Free, as standalone plugin connected to your own LLM (so essentially, 20-30 euro per month for your OpenAI, Claude); indeed, including excellent playbooks and some (sympathetic-acceptable freemium) restrictions.
- Free, embedded in the Weagree end-to-end contracting platform (connecting your AI model or ours at pay-per-use), with more playbook-flexibility, more features, and deeply integrated with Weagree DMS, Weagree large-transaction management, task management, e-signing, contract-handover, CLM and AI-chat with your contracts.
Watch an old video of our Word add-in that our programmers’ recorded a few weeks ago:
Benefits of AI playbooks
The benefits of AI playbooks are impressive – to mention a few:
Contract review speed:
- AI baseline: 1 minute per contract (let’s make it 5 minutes) for contract types that would otherwise take 91 minutes on average (human-handled).
- Real-world impact: 2-5 minutes (vs 30-90 minutes), leads to minimised Legal response-times, will drive internal success stories, leading to more work (same headcount), then higher compliance levels, less disputes, strategic impact.
Zoomed-in time metrics:
- Per lawyer annual savings 200-240 hours; so, weekly 3-10 hours (depending on role and function)
- NDA review: from 45 minutes to 5 minutes; large agreements: 7-hour average savings.
- Contract negotiation cycle: 50-70% reduction.
ROI timeframes:
- Fast ROI: 60-90 days (so, after some 90 days, say 120, you will start reaping ROI).
- AI-playbook implementations can be achieved between 2-30 days (see explanation below).
How does Weagree AI playbooks work?
Our Word-plugin will do everything the way other AI contract playbooks work:
- Summarise or translate documents, chat with your contract.
- AI review your contract, risk-assess clauses (your risk-rating criteria – 🔴, 🟠, 🟡 or 🟢), identify missing clauses, propose your fallback clauses, enabling you to modify the playbook-proposed wording.
- Optimise your track-changes (precision/surgical redlining)
- Check definitions and cross-references.
- Apply the tracked-changes to your document, if you wish, together with your playbook Word-comments.
- Create an internal deal summary (or the cover e-mail to your counterparty).
- Ask your LLM (e.g., OpenAI, Claude) anything else, whether about the contract or tonight’s recommended theatre or concerts.
AI-generated playbooks
And of course, Weagree AI playbook plugin will enable users also to leverage AI in creating an initial full-blown playbook for any type of contract or document, including complete sets of fallback scenarios, explanatory notes (for juniors, the business and interim lawyers), based on your own ‘analogue’ playbooks, model contracts or contract checklists. And of course, you can adjust every AI-contract playbook to your own liking or risk appetite.
Weagree AI (our track record)
AI startups are evolving quickly and catching great attention on the socials. Weagree AI has been there already for six years (Weagree started with AI in the months before Covid). Current legal-AI startups are heavily funded and must capture market share: because software development is also done by AI.
Thanks our AI capabilities going back such a long time, the Weagree Wizard’s data model is also optimised for AI: data quality, data management and data retention policies are high-quality, geared for AI.
Not only legal embraces AI
Also software developers embrace AI. The best AI model for legal (these months) is probably Claude (from Anthropic). The best AI model for software developers is also Claude (for images, use Gemini).
