Halloween Brief: Treats, No Tricks 🎃💼

Don't fear contract drafting; these tools are a game-changer.

The chill of a Halloween evening isn't the only thing giving us goosebumps. In this edition of "The Automated Lawyer," we unveil tools that transform daunting contract drafts into breezy autumn tasks. Make your legal work a seasonal treat!

Today, we will showcase three essential tools designed to enhance your contract-drafting productivity.

  1. Spellbook

  2. Latch 

  3. Lex.page

With these solutions, you can optimize the way you approach contract drafting and legal document creation, making your workload more efficient.

Image Source: Law Magazine

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Our 100th subscriber and the person who referred them will receive a special prize👻. Click the link at the bottom of this newsletter to refer a friend! Now back to our regularly scheduled programming…

Why you need contract drafting tools

Contract drafting tools ensure precision and accuracy by analyzing vast legal databases, eliminating manual errors, and better ensuring compliance. These tools significantly boost efficiency, allowing for rapid document generation and saving valuable time. Lastly, they enhance risk mitigation by providing valuable insights into potential liabilities.

In other words, you’ll be able to do your job better.

Okay okay, here are the tools

Enough chit-chatting from us. Here are the tools you need to check out.

1. Spellbook

Unlock the power of Spellbook, which harnesses the capabilities of GPT-4 to review and enhance your contracts and legal documents directly within Microsoft Word. More than 2,000 lawyers use Spellbook to automate their legal work!

  • Benefit from Spellbook's extensive training on case databases, form libraries, and statutes

Unlike other tools, Spellbook can assess entire contracts and documents without hitting token limits, ensuring a holistic review.

Additionally, enjoy specialized legal features like Missing Clause Review, Directed Draft, and Find Conflicting, designed to cater to your unique needs.

2. Latch

Latch serves as your legal companion, offering support in the form of redline recommendations, clause evaluations for market conformity, and more. You can seamlessly integrate Latch into your Microsoft Word as an Add-In. To start using Latch, request a demo here.

Here are its highlights:

  • Suggestion Generation: You'll receive tailored advice on refining counterparty language, aligning it with your standard position. Easily accept these suggestions or generate redlines at your discretion.

  • Clause Modification: Latch can automatically produce redlines, allowing you to insert them directly into your document.

  • Questioning Assistance: Feel free to inquire about your agreement, from specific, intricate details to broader, open-ended queries.

  • Checklist Creation: Assemble straightforward, plain-language checklists for various scenarios and assess agreements for compliance with your checklists. Use sources to navigate directly to the relevant sections in your agreements.

  • Custom Features: Explore personalized functionalities such as performance visualization, model tracking, training cluster setup, production deployment, and hyper-parameter fine-tuning.

For personal writing, Lex is an AI-powered word processor, fueled by GPT-4, designed to assist you in generating essays and outlines by providing suggestions and ideas.

  • You might not always be drafting contracts, but if you have writer’s block, it’ll help you overcome it by offering draft outlines and a command bar for seamless writing. 

They’re legit. In August 2023, they secured a $2.75 million seed round, with True Ventures as the primary investor, shortly after earning a nomination for Product of the Year on ProductHunt.

Let us know your thoughts

Reply to this email about which tools you found most helpful and what other legal tech areas you’d like to see! And if you think a friend would enjoy reading The Automated Lawyer, tell them about us!

Until next time,

Nima, Ian, and the JusticeArch team