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Juris AI
Juris AI simplifies contract review using artificial intelligence, specialising in Service Level Agreements (SLAs) and Non-Disclosure Agreements (NDAs). Developed by legal professionals with expertise in contract law and AI-driven solutions, the platform analyses contracts clause by clause, identifying potential risks and assigning risk scores.
Features and functions of Juris AI include:
Custom Policy Tool
The Cutsom Policy Tool is a feature that allows teams to integrate their specific contract requirements in line with internal policies and business practices. As part of the Risk Tool, this feature enables organisations to set predefined criteria, such as preferred language for certain clauses or risk thresholds, ensuring all contracts are reviewed and flagged according to their own compliance standards.
Risk Analysis
The Risk Tool is a feature that identifies high-risk clauses within a contract. The tool flags provisions that could pose legal or financial risks, such as unfavourable indemnity clauses, limitations of liability, or broad confidentiality terms. Each high-risk clause is highlighted and accompanied by a detailed explanation of the potential risk, allowing users to focus on the most critical aspects of the contract.
Summary Check-List Tool
The Summary Check-List Tool creates a concise overview of the contract’s key information for final review by stakeholders. This includes critical terms, flagged risks, and re-drafts, allowing decision-makers to sign off on contracts quickly and efficiently. The summary ensures that everyone involved in the approval process is fully informed, enabling faster contract execution.
Redrafting Tool
The Re-draft Tool offers AI-generated suggestions for re-drafting high-risk clauses to minimise risk. Users can interact with the proposed re-drafts by accepting the suggestions, amending the suggestion to suit specific business needs while still mitigating risk or rejecting the proposed re-draft if they prefer to retain the original clause
Interpretation
The Interpretation Tool is designed to help non-lawyers understand complex legal clauses by offering scenario-based answers and explanations. This interpretation helps stakeholders understand obligations, rights, and limitations in NDAs and Service Agreements, facilitating better decision-making.
Records Keeping
The Records Keepings Feature is a feature to maintain a comprehensive log of all contract reviews, revisions, and decisions made through the platform. This will provide organisations with a centralised record of legal reviews for future reference and compliance purposes.
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