LegalSifter

LegalSifter is an AI-powered contract management platform that streamlines the entire lifecycle of business contracts. It offers a suite of AI solutions and expert services to make contract operations faster, more affordable, and safer.

Key features:
- AI-powered contract review using "Sifters" that identify specific legal concepts, saving time and reducing costs
- Pre-signature review to thoroughly review contracts before signing and avoid hidden risks
- Post-signature management to track and manage signed contracts, ensuring compliance and meeting deadlines
- Combined Intelligence approach integrating AI software, expertise from attorney-crafted templates and guidance, and human oversight
- Contract Control Program with flexible full-service and self-service options, and predictable pricing
- Risk reduction and compliance through AI identification of potential risks and monitoring of contractual obligations
- Workflow and storage solutions with centralized contract storage, routing, tracking, and automated document handling

How it works:
1. Users upload contracts to the LegalSifter web-based platform
2. AI Sifters analyze the text to identify legal concepts and potential risks
3. Human experts review the AI findings and provide additional insights and recommendations
4. The platform helps organize, store, and track contracts throughout their lifecycle

Integrations:
LegalSifter supports integrations with various third-party applications, including document management systems, CRM systems, and ERP systems.

Use of AI:
LegalSifter leverages generative AI to automate the contract review process. The AI models are trained on vast datasets of legal documents to accurately identify and interpret legal concepts.

AI foundation model:
The specific foundation models used are not disclosed, but they are likely based on advanced natural language processing (NLP) techniques.

How to access:
LegalSifter is available as a web application, accessible from any device with internet connectivity. It is suitable for legal teams, business executives, procurement teams, and sales teams.