Tekscend is a leading semiconductor photomask manufacturer serving clients worldwide. With a growing volume of NDAs and purchase agreements, Tekscend's legal team sought to expedite contract reviews without compromising accuracy. General Counsel Jerrold Huang found the solution in LegalOn.
Tekscend's legal team receives hundreds of NDAs annually from global partners. Manual review of these routine agreements was time-consuming, while still requiring meticulous scrutiny.
Additionally, Jerrold spent countless hours each week consulting and training new legal staff on Tekscend's contractual perspectives and preferred language. With an expanding workload, a streamlined process was imperative.
Tekscend needed a solution to:
As both administrator and general counsel, Jerrold sought a solution that could enhance consistency while expediting reviews of routine NDAs. He saw potential in LegalOn to serve as an extra team member that applies standardized guidance to every contract.
LegalOn's combination of AI capabilities and integrated legal guidance developed by seasoned attorneys offers contract scrutiny that keeps pace with Tekscend's output. Its emphasis on consistency and clause accuracy aligned with Jerrold's needs for standardized global reviews.
He also recognized that the platform's insightful suggestions would foster continual learning, making LegalOn a scalable knowledge resource.
“The platform is very easy to use and understand. Me and my team can review right away.”
LegalOn's intuitive interface allowed for immediate implementation upon purchase. Jerrold's team was reviewing contracts on the platform from day one.
They leveraged LegalOn's AI Review, which was easily configured to Tekscend's preferences, along with expert guidance on the platform that provides detailed explanations and notes on contract clauses. This enabled efficient, standardized reviews.
LegalOn’s Compare feature proved transformative by revealing modifications that clients made to documents. Unlike standard Word processors, LegalOn lays out every change clearly without needing to officially accept revisions.
Thanks to LegalOn's Compare feature, I don't have to compare each word and sentence to see what modifications my customers made."
This visibility enables his team to efficiently evaluate changes rather than painstakingly analyzing documents line-by-line.
The clause search functionality also empowered Tekscend's reviewers to instantly validate key terms across every agreement. According to Jerrold, LegalOn’s AI Review covers the vast majority of Tekscend's typical concerns within an NDA, granting confidence in the process while accelerating cycle times.
By combining AI acceleration with practical legal guidance in its Playbooks, LegalOn became an indispensable team player for Tekscend's legal function. The platform's continual enhancements via customer feedback ensure it will meet the demands of the company's complex global agreements.
Jerrold and his team have also been using LegalOn Assistant to answer their contract questions and draft new language from scratch. Pleased by the initial impact, Jerrold eyes expanding LegalOn for more agreements as Tekscend grows its regional teams.
For Tekscend, LegalOn fosters scalability, assurance, and modernization across a vast global legal function.
See how LegalOn can save you time, reduce legal risk, and free you from tedious work.