LegalSifter and Nimble Services Partner to Accelerate Contract Review by Combining A.I. and Legal Expertise
April 26, 2018
LegalSifter and Nimble Services LLC are proud to announce a strategic partnership to offer a “combined intelligence” solution for companies and law firms looking to streamline how they review contracts, particularly those written on other party’s paper. Combining LegalSifter’s artificial intelligence (AI) with Nimble Services’ legal expertise will allow clients to review contracts quickly, confidently, for a predictable cost while benefiting from the advice of their advisors.
LegalSifter’s technology combined with support from Nimble’s legal experts will allow busy legal and procurement departments to be more productive. This approach uses artificial intelligence to embed the guidance of your lawyers and leaders consistently in every contract, resulting in a reduced workload for your legal department. “Using AI helps businesses and law firms review and negotiate contracts faster and more cost-effectively and have greater confidence in the results,” says Jeff Barlow, co-founder of Nimble.
In many organizations, those responsible for contract negotiation wait days or weeks for their lawyers and colleagues to review contracts. LegalSifter does it in a minute or two—all while complying with the organization’s playbook.
Users start by uploading draft contracts into LegalSifter. Sifters – the software trained to read text, look for specific concepts, and learn over time – then review the document and identify concepts that are flagged as important or are missing entirely. The Sifters trigger Help Text, in-context advice tailored to the client’s business and negotiation position.
“We see a future in which every lawyer has the benefit of AI looking over their shoulder. But that requires leaders willing to challenge the status quo,” said Kevin Miller, CEO of LegalSifter. “Nimble’s extensive experience as in-house counsel and their determination to make their operations as effective as possible makes Nimble an obvious partner for LegalSifter.”
Nimble will offer LegalSifter-enabled offerings for a wide range of contract types, including nondisclosure agreements, business associate agreements, software end-user license agreements, supplier terms, and services agreements.