Contract review is often a slow, manual task that challenges legal teams, compelling lawyers to navigate complex language and identify risks. LegalOn Technologies, based in Tokyo, offers an AI-driven contract review tool, used by 7,000 organizations globally, including 25% of public companies in Japan. This cutting-edge software, named Review, expedites contract reviews by up to 85%, utilizing lawyer-crafted playbooks tailored to client needs and enhancing quality and accuracy.
Following a successful Series C funding round of $50 million led by Goldman Sachs, LegalOn aims to expand its AI offerings and enhance market presence in the U.S. and U.K., where its business has quadrupled. Founded by former corporate lawyers, LegalOn’s unique approach with over 50 attorney-built playbooks distinguishes it from competitors. Recently, it also launched Matter Management to streamline legal processes and formed a partnership with OpenAI for advanced AI tools, positioning it as a leader in legal tech innovation.
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