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What is VerifAI?

VerifAI serves as an AI-enhanced add-in for MS-Word, significantly reducing the time lawyers spend on contract reviews by saving them up to 15 hours each week. HIGHLIGHTS • Utilize cutting-edge AI technology to review contracts in just 3 minutes rather than the traditional 3 hours. • Achieve monthly savings of up to $4,088 through efficient contract assessments. • Amplify your legal department's revenue per employee by a factor of five. Access a comprehensive array of contract playbooks, guidelines, and related documents to streamline your workflow. CAPABILITIES • Identify contract risks based on the personalized criteria you establish. Select from a variety of contract guidelines specifically designed for your industry or contract type. Receive tailored redline suggestions that align with your guidelines. • Pose open-ended legal inquiries to an advanced AI ChatGPT for insightful responses. How it works 1. Download VerifAI for free as a Microsoft Add-In. 2. Open the specific contract you wish to evaluate. 3. Select from our templates or utilize your own contract playbook. 4. Quickly compare the contract against your established playbook guidelines to ensure compliance and accuracy. This innovative tool not only streamlines contract reviews but also enhances overall legal efficiency.

What is Luminance?

Luminance employs a combination of supervised and unsupervised machine learning methods in its document assessment workflow. Available via the cloud, Luminance is engineered for smooth operation, automatically interpreting and analyzing a variety of documents. The platform provides legal experts with AI-driven insights through a range of interactive tools that highlight crucial data points and anomalies. Luminance Diligence, in particular, is designed for corporate lawyers, supporting over 25 types of contract evaluations, including M&A due diligence, real estate issues, compliance with regulations, and document redaction. By harnessing sophisticated machine learning technology, legal professionals utilizing Luminance Diligence can perform rapid and comprehensive contract analyses, achieving insights previously unattainable. Furthermore, Luminance Discovery acts as an all-encompassing eDiscovery tool, utilizing artificial intelligence to transform how attorneys approach investigations, litigation, and arbitration. This platform includes advanced data ingestion and culling functionalities, improving the efficiency of early case assessments (ECA) and ensuring adherence to court requirements during document production. As a result, Luminance is not just enhancing the legal sector but is also paving the way for a future where technology plays a central role in everyday legal practices. This innovative approach ultimately leads to more effective and efficient legal workflows.

Media

Media

Integrations Supported

Ansarada
HighQ
Microsoft Word

Integrations Supported

Ansarada
HighQ
Microsoft Word

API Availability

Has API

API Availability

Has API

Pricing Information

$60/month/user
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

SpotDraft

Date Founded

2017

Company Location

United States

Company Website

spotdraft.com/verifai

Company Facts

Organization Name

Luminance

Date Founded

2015

Company Location

United Kingdom

Company Website

www.luminance.com

Categories and Features

Categories and Features

Law Practice Management

Billing & Invoicing
CRM
Calendar Management
Client Portal
Conflict Management
Contract Management
Document Management
Email Management
Legal Case Management
Task Management
Time Tracking
Trust Accounting

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