LegalOn helps banks and other financial institutions review commercial contracts efficiently and ensure compliance with AI-powered contract review.
In the highly regulated world of banking and financial services, effective contract review is critical for risk mitigation and operational efficiency. LegalOn's AI solution accelerates contract review while ensuring thorough attention to key terms and regulatory requirements.
Speed up the review process for NDAs, vendor agreements, software contracts, and other commercial contracts, allowing banks and lenders to onboard partners and implement solutions faster.
Efficiently review and assess a wide variety of commercial contracts to identify and mitigate potential regulatory risks. LegalOn's AI helps banks and lenders ensure contracts keep your client’s data secure and compliant.
Negotiate more contracts in less time without the overhead of a big legal department or the cost of external counsel. Handle routine legal tasks in-house while maintaining rigorous standards.
Accelerate review of NDAs, MSAs, vendor agreements, software contracts, and other commercial agreements. LegalOn's AI thoroughly reviews for risks, suggests edits, and adapts to your business’s policies and regulatory requirements.
Leverage and customize AI playbooks for common financial services agreements. Tailor them to your institution's specific needs, ensuring consistent application of your policies on risk management, compliance, and key terms like assignment clauses.
Centralize your institution’s contract knowledge in one secure place. Easily search past agreements, clauses, and templates to inform current reviews and ensure consistency across all commercial relationships.
Get instant answers to contract questions with an AI assistant that can summarize obligations, draft language, check defined terms, or scan for risks specific to financial contexts.
Streamline contract review across legal teams, compliance officers, and business units with intuitive version tracking and real-time commenting features. Simplify the process of gathering input, addressing redlines, and obtaining approvals from multiple stakeholders, all within a unified contract review platform.
Equip your legal team with practical guidance and sample language integrated directly into LegalOn’s contract review platform. Access 100+ market-standard templates written and maintained by lawyers, tailored to jurisdiction and negotiating position.
“With LegalOn, contracts that used to take multiple hours or days now take a couple of minutes. The software really helps me review contracts so much faster.”
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“With LegalOn, NDA reviews that used to take 2 hours now take 30 minutes. The software helps my team save time, and enables me to immediately train new members.”
"LegalOn helps on everything from identify risks in vendor contracts to drafting new clauses from scratch. I've found that it saves more than 50% of my time."
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See how LegalOn can save you time, reduce legal risk, and free you from tedious work.