Following our evaluation of several CLM tools, we found that none offered groundbreaking AI capabilities for agreement review (AI redlining). Could you recommend AI tools leveraging ChatGPT to build agents for legal workflows and AI redlining? Additionally, are there vendors or companies successfully utilizing such technologies in their legal departments?

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Operations Manager in Telecommunication4 months ago

To the OP—AI redlining is still evolving, but there are a few approaches and tools that might help. If you're looking to build AI agents for legal workflows using ChatGPT, you might want to explore GPT-4 Turbo via OpenAI’s API, along with tools like LangChain or LlamaIndex to structure AI interactions with legal documents. Some legal teams are experimenting with this to automate contract review.

On the vendor side, here are a few AI-powered CLM platforms to check out:

Ironclad AI – AI-assisted contract review and redlining.
Evisort – AI-driven contract analysis and automation.
Luminance – AI-powered contract review and compliance.
Casetext (CoCounsel by Thomson Reuters) – Uses generative AI for legal research and contract review.

Some legal departments are combining CLM tools with custom AI solutions to enhance contract review workflows. If you are open to experimenting, youmight find value in building something tailored to your needs rather than relying on an out-of-the-box solution, but of course that takes time and resources.

Hope this helps!

Operations Manager4 months ago

We are are experimenting with AI-powered assistant that integrates with M365 applications (Outlook, Word, Excel, PowerPoint, Teams, etc.) to help users with summarizing documents, drafting content, and more.

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