Foley Equipped

AI-Powered Contract Review Is Here. Are you Foley Equipped?

Automation is a key tool in solving many of today’s supply chain and procurement challenges. View the video below for how the Foley Equipped contract review service works and how it can help your organization.

This is great! The AI-powered issues list is the most useful output for these types of agreements. That way our business leaders can quickly review the issues without having to dig through the detailed contract language.

                        -- Eric Bublitz, Senior Corporate Patent Counsel, Harley-Davidson Motor Company

How It Works - Step by Step

Foley Equipped is designed to provide faster turnaround times leading to more deals closed all with the goal of mitigating risk. With this technology, we aim to turn around vendor contracts in as little as one business day (subject to conflicts clearance), which can be crucial time saved for your company. This gained efficiency is critical to getting deals and business done faster.

To download an overview of Foley Equipped, click here.

Powered by ThoughtRiver
 
Quickly Identify
  Customized Playbook
  Attorney Verified Advice
1. Quickly Identify
2. Customized Playbook 3. Verified Advice

The Foley-trained AI engine quickly identifies and prioritizes missing and important provisions in routine agreements that are currently unreviewed by legal.

 

The solution displays customized playbook commentary and model clauses in the context of identified provisions.

 

Our attorneys verify the AI advice and revise the agreement as appropriate based on client’s requirement. Or, integrate the software into your system, permitting your in-house teams to have direct access to and use of the technology.

Foley Equipped Benefits

  Flat Fee Pricing
    Cost Savings
   Better ability to accurately budget legal costs.     Long-term reduction in operating expenses from standardization and better management of contractual clauses.
     
  Quick Turnaround Time
    Reduce Risk
  Save valuable time for your more complex, higher value initiatives.     Reduce your company’s litigation risk by ensuring a baseline level of review for high-risk items in routine agreements that are currently unreviewed or under-reviewed by legal. 

Request a Demo

To request a demo of Foley Equipped, please complete and submit the form below.