Summize, a legaltech company headquartered in Manchester, recently announced its latest product enhancement. The company works to unite legal teams and business stakeholders with a suite of self-service contract lifecycle management tools.
Its latest solution is AI redlining, a function designed to help in-house legal teams streamline contract drafting and review. Summize’s platform now provides automated redlining within Microsoft Word to help reduce time spent on repetitive contract management tasks. It also integrates contract workflows with platforms like Microsoft Outlook, Gmail, Slack, Salesforce and Jira.
Summize searches for deviations from standard positions and generates redline suggestions that legal teams can review and approve. Rather than replacing entire clauses, it changes any words or phrases that need adjustment against its defined rulebook, enabling trackable changes while maintaining a contact’s integrity.
“Summize AI Redlining helps lawyers stop spending their time doing low-level, manual contract changes and instead focus on more meaningful legal work,” Tom Dunlop, CEO of Summize, said in a statement. “We are offering legal teams an opportunity to leverage AI Redlining in a way that they will appreciate and love because it reduces workloads, while also giving them a chance to take advantage of AI in a smart and practical way.”
