Latch

Latch, powered by GPT-4, is an AI contracting assistant designed to help legal teams reduce negotiation time, effort, and cost by improving efficiencies in the contract reviewing process. Embedded within Microsoft Word, Latch offers a user-friendly interface with minimal set-up required.

Features

• AI-Powered Contract Analysis: Latch helps you review contracts, points out risks and explains the fulfilment or lack thereof of different requirements, with source references.
• Language Modification and Redlining: Generrate new redline language that maintains most of the counterparty's language while embodying your legal positions. All modifications are marked directly on your Word document.
• Contract Summaries: Easily generate summaries of your contracts, with support for long documents. Customizable summary options are available.
• Integration with Word: Latch operates entirely within Microsoft Word, allowing easy and seamless access.
• Data Privacy: Latch uses Microsoft's Azure OpenAI Service. Data processed aren't used for model training. Contract information is securely managed.

Use Cases:

• Efficient Contract Management: Utilize Latch's AI features to efficiently review, analyze and modify contracts, saving substantial time and labor.
• Reduction in Bottlenecks: Use Latch to mitigate bottlenecks in contracting process and thus cut down on time to close deals.
• Easy Contract Summary Generation: Create concise summaries of long and complex contracts swiftly with Latch.

Leverage the power of AI with Latch to streamline and expedite your legal contracting process without compromising on quality or accuracy. Schedule a demo today.