ContractLens

A SaaS Technology Platform that uses the lens of AI/ML guided by a risk framework developed by experts to evaluate Legal Risks embedded in contracts

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Contract Lens alerts you if you are not contractually protected from emerging risks

Governing Law

Which contracts are governed by laws in jurisdictions where the law creates a risk for your company

Expiration or Renewal Date

Which contracts are approaching expiration or renewal so that contract can be updated with appropriate language to mitigate risks

Use or Sale of Data

Which contracts include a limitation on the use or sale of shared data, including personal identifiable information

New Risks

Which contracts are exposed to emerging or new risks

Insurance

Which contracts require you to provide insurance for another party and the limits and types of coverages required

Indemnification

Which contracts require your company to indemnify another party

A powerful approach to managing contract legal risk

Liability Transfer

Provisions in contract that limit or shift liability from one party to another

Data Privacy

Provisions in contract that address use, sale, sharing and protection of data

Restrictions & Limitations

Provisions in contract that could impact business operations

Intellectual Property

Provisions in contract that address the use, transfer, ownership or sale of IP

Value proposition

We estimate that an average contract takes 2 hours or $250 - $350 to review

Reduced expenses

Efficiency gains; Teams more quickly focus on provisions that matter

Improved outcomes

Reduced contract risks; Monitor contract risk trends; Focus on mitigation/ prevention

Better operations

Monitor in-progress & in-force approaching expiration or renewal

Faster deal making

Reduce lag from business decision to contract execution

Why ContractLens?

Single provision in a contract can result in substantial financial exposure

In 2013, Facebook was not able to detect a violation of its contract with Cambridge Analytica, and the resulting publicity significantly damaged its stock value, eliminating 150 billion dollars of market value within 90 minutes of the earnings call.

Contract provisions need to safeguard against new forms of risks

Structural technology advancements and emerging business models, such as cyber, metaverse and cryptocurrency will continue to create new areas of risks. As we learn how these risks manifest, we expect to see increased litigation from data security breaches and cyber threats.

Legal Risk Technology platform which applies AI/ML to structured & unstructured data

Reach us at

USA: 2218 Broadway, #161
New York, NY 10024

India: Bhive Premium, JBR Tech Park
Whitefield, Bengaluru, KA 560066

Ph: +1 917 476 6662
Email: info@doclens.ai