Latch

Freemium

Latch: Revolutionizing Contract Negotiation

Introduction:

Are you tired of spending countless hours poring over legal contracts, trying to negotiate terms and finalize agreements?

Introducing Latch, the AI-powered tool designed to revolutionize the way legal teams handle contract negotiation. With Latch, you can harness the power of Open AI’s GPT-4 language model to analyze and understand agreements, making the process faster and more efficient than ever before.

By offering insightful suggestions on revising and updating counterparty language based on your standard position, Latch empowers you to navigate negotiations with ease. Its user-friendly interface allows you to seamlessly toggle between suggestions, accept them, and automatically generate redlines that can be inserted directly into the document.

But Latch doesn’t stop there. It also provides a question-and-answer feature, guiding you through the intricacies of the agreement with granular questions and open-ended queries. Additionally, Latch can assemble simple, plain-language checklists for various situations, ensuring compliance with your specific requirements.

Data privacy is at the forefront of Latch’s priorities, with its privacy policy and terms of use publicly available. This cloud-based tool is perfect for dynamic companies looking to minimize time, effort, and overall costs in the contracting process. Schedule a demo today to explore the full range of Latch’s innovative features.

Say goodbye to tedious contract negotiations and embrace the future of legal assistance with Latch. Streamline your workflow and expedite the entire process, all with the power of AI at your fingertips.

Overview:

Latch is an AI-powered tool that aims to assist legal teams in negotiating and finalizing contracts with greater speed and efficiency. It uses Open AI’s GPT-4 language model to analyze and understand agreements, offering suggestions on how to revise and update counterparty language based on a user’s standard position.

The tool’s interface enables users to toggle between suggestions, accept them, and generate redlines automatically that can be inserted directly into the document. Latch also provides a question-and-answer feature to help users navigate through an agreement with granular questions and open-ended queries.

Additionally, Latch can assemble simple, plain-language checklists for various situations, allowing users to analyze agreements to ensure compliance with their checklists. Data privacy is a central focus for Latch, and the tool’s privacy policy and terms of use are publicly available.

Latch is suitable for dynamic companies, as it aims to help them minimize the time, effort, and overall cost of the contracting process. The tool is cloud-based, and users can schedule a demo to explore its features further.

In summary, Latch offers an innovative approach to contract drafting and negotiation, providing a comprehensive set of features that can streamline and expedite the legal team’s workflow.

Benefits:

AI-powered tool that assists legal teams in negotiating and finalizing contracts with greater speed and efficiency
Uses Open AI’s GPT-4 language model to analyze and understand agreements
Offers suggestions on how to revise and update counterparty language based on a user’s standard position
Enables users to toggle between suggestions, accept them, and generate redlines automatically
Provides a question-and-answer feature to help users navigate through an agreement with granular questions and open-ended queries
Assembles simple, plain-language checklists for various situations to ensure compliance
Focuses on data privacy with publicly available privacy policy and terms of use
Suitable for dynamic companies to minimize time, effort, and overall cost of the contracting process
Cloud-based tool with the option to schedule a demo for further exploration
Offers an innovative approach to contract drafting and negotiation
Streamlines and expedites the legal team’s workflow