Top Law Firm's New AI Can Spot Problems in Your Contracts
This could save you thousands in legal fees and catch hidden risks before you sign.
Deep Dive
Sullivan & Cromwell, in collaboration with OpenAI, developed Agreement Analyzer, an AI tool for identifying issues in a draft agreement.
Key Points
- Sullivan & Cromwell, a top law firm, built an AI tool with OpenAI to review contracts and spot issues.
- The tool could make legal reviews faster and cheaper, potentially saving you money on routine agreements.
- It's not publicly available yet and can't replace a human lawyer for complex or high-stakes deals.
Why It Matters
Faster, cheaper contract checks could soon help you avoid bad deals without expensive lawyer fees.