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Latch

1.0.0

8

0

Contract Reviews
AI-driven tool for contract negotiation support
Input:
Output:
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Updated: Dec 6, 2021 Contact for pricing

Description

Latch is an AI-enabled solution created to help legal teams negotiate and finalize agreements more quickly and effectively. It leverages Open AI's GPT-4 language model to dissect and interpret agreements, suggesting revisions to counterparty language in line with a user's established position.

The tool features an interface that allows users to switch between suggestions, approve them, and automatically produce redlines that can be integrated directly into the document.

Latch also offers a Q&A function to assist users in understanding an agreement through specific and open-ended questions. Furthermore, Latch can compile straightforward checklists in plain language for various situations, enabling users to review agreements and ensure they meet checklist requirements.

Latch prioritizes data privacy, with its privacy policy and terms of use available publicly. Suitable for dynamic organizations, Latch is designed to reduce the time, resources, and overall expenses associated with contracting.

As a cloud-based tool, Latch offers users the option to schedule a demo for a closer look at its functionalities. To summarize, Latch delivers an innovative approach to contract creation and negotiation, with a comprehensive feature set that optimizes and accelerates legal team workflows.

Pricing Plans

Model
no pricing
Packages
1 Package
Price Start From
Not specified
Payment Model
Not specified

Releases

Latch's initial version.

Reviews

Pros & Cons

Pros

Uses GPT-4 language model

Assistance in contract negotiation

Provides relevant revision suggestions

Cons

Relies exclusively on GPT-4

Potential for misinterpreting legal language

No offline functionality

Q&A

New Released

New Released