"We created Playbooks to enable legal teams to codify their negotiation approach so that AI can negotiate documents the same way their GC would, using preferred language and fallback positions," Spellbook cofounder and CEO says.
"In-house legal teams can now manage large volumes of high-stakes contracts where precision and efficiency are critical. Playbooks helps them tackle their review queue up to 10x faster."
"We found that in-house teams were wasting time reviewing the same types of contracts over and over using the same standards. And existing AI contract review solutions gave them too much variability when they wanted personalized, consistent results to support a high volume of deals."
"Playbooks enables a legal team to codify its contract review process, instantly running its rules against contracts. The product is being released with 12 common rule sets, but users can build their own rule sets, either from scratch or using AI."
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