There are lots of contract preparation automation tools out there these days as clients and (maybe) a few outside lawyers seek to make this whole contract drafting process more efficient. In the past, I have written about Blackbolier’s automation tools. Others in the market include Juro and Spotdraft.
I recently came across a new entry into this competitive space made by a company called Avvoka. Avvoka is a startup that automates contract drafting, analysis, collaboration, and management tasks. The difference with the Avvoka product is that it’s designed to enable anyone in a business to at least begin the contract preparation process. The product focuses on the users in a business, not the lawyers.
The basic concept behind Avvoka’s platform is to have the software determine and identify what clauses are bespoke and need lawyer attention and which ones don’t
The basic concept behind Avvoka’s platform is to have the software determine and identify what clauses are bespoke and need lawyer attention and which ones don’t, according to Avvoka’s Head of Growth, Giles Thompson. There is a good interview of Thompson done by Charlie Uniman, which is worth a listen.
Avvoka does this by having the creator of the document answer various questions. The answers to those questions are then used to select standard clauses that lawyers have generated and which are typically accepted. If the answers stump the system, it identifies the questionable clauses for additional lawyer work.
The beauty of this, says Thompson is that it lets anyone create a contract with minimally lawyer involvement. This advantage frees up in-house council from having got spend time on contractual terms that are unnecessary. It also brings the contract drafting and negotiation closer to those in the business actually involved in the transaction and with