{"id":103587,"date":"2021-02-03T12:00:00","date_gmt":"2021-02-03T12:00:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2824190"},"modified":"2021-02-03T12:00:00","modified_gmt":"2021-02-03T12:00:00","slug":"lexcheck-announces-2nd-generation-ai-contract-negotiation-platform","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2021\/02\/03\/lexcheck-announces-2nd-generation-ai-contract-negotiation-platform\/","title":{"rendered":"LexCheck Announces 2nd Generation AI Contract Negotiation Platform"},"content":{"rendered":"<p><a href=\"https:\/\/icrowdnewswire.com\/2021\/02\/03\/lexcheck-announces-2nd-generation-ai-contract-negotiation-platform\/#\" class=\"icrowd_post_img\"> <!--<img decoding=\"async\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2021\/02\/2109-lexcheck-logo-300x300-1.png\" alt=\"LexCheck Announces 2nd Generation AI Contract Negotiation Platform\">--> <img decoding=\"async\" width=\"96\" height=\"96\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/uploads\/2021\/02\/2109-lexcheck-logo-300x300-1.png\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"LexCheck Announces 2\" loading=\"lazy\"> <\/a> <\/p>\n<p><strong>iCrowdNewswire <\/strong><span class=\"date\">&nbsp;&nbsp;Feb 3, 2021&nbsp;&nbsp;7:00 AM ET<\/span><\/p>\n<p>LexCheck\u2019s Artificial Intelligence (AI) powered contract negotiation platform is transforming contract negotiations for many of the world\u2019s largest enterprises.<\/p>\n<p><strong>LegalWeek, New York City, February 3, 2021 \/Legal Newswire\/<\/strong> \u2014<a href=\"http:\/\/www.lexcheck.com\/\"> <strong>LexCheck<\/strong><\/a>, a global provider of the world\u2019s only AI-powered contract negotiation platform providing near instantaneous attorney-quality redlining and guidance for virtually all business agreements while ensuring compliance with organizational playbook guidance, today announced a major update to its AI Contract Negotiation platform. &nbsp; LexCheck\u2019s second-generation AI platform,<a href=\"https:\/\/www.lexcheck.com\/ai-negotiator\"> <strong>LexCheck Negotiation Hub<\/strong><\/a>, expands on LexCheck\u2019s core contract review capabilities to now support multi-round negotiations with sophisticated position and fallback Digital Playbook management capabilities.<\/p>\n<p>\u201cThis is super impressive technology,\u201d said Gary Sangha, CEO and Founder of LexCheck. \u201cWe\u2019ve achieved another industry first by enhancing our market unique contract negotiation AI platform to yet another level of sophistication, addressing the real-world needs of commercial business contracts.&nbsp; As impressive as LexCheck\u2019s ability to produce attorney-quality agreement review in just minutes, now LexCheck can support multi-round review cycles and automatically advise of situationally specific fallback positions \u2013 with the LexCheck AI adjusting contract language based upon client-specific negotiating priorities and preferences.\u201d<\/p>\n<p>New features and enhancements include:<\/p>\n<ul>\n<li>&nbsp; &nbsp; &nbsp; &nbsp;Full AI-powered multi-round negotiation support<\/li>\n<li>&nbsp; &nbsp; &nbsp; &nbsp;Negotiation-aware and context-sensitive AI Playbook integration<\/li>\n<li>&nbsp; &nbsp; &nbsp; &nbsp;Intelligent fallback, auto-revision, previewing, and overrides<\/li>\n<li>&nbsp; &nbsp; &nbsp; &nbsp;Native Microsoft Word AI markups and analysis<\/li>\n<li>&nbsp; &nbsp; &nbsp; &nbsp;Negotiation Terms monitoring and auto-approval escalation<\/li>\n<li>&nbsp; &nbsp; &nbsp; &nbsp;Secure negotiation audit trail for all parties<\/li>\n<\/ul>\n<p>\u201cThis upgrade will further accelerate and enhance LexCheck\u2019s clients\u2019 business contracting efforts by eliminating countless hours of contract review no matter what stage the contract is in,\u201d said Michael Ross, CTO of LexCheck.<\/p>\n<p><strong>About LexCheck<\/strong><\/p>\n<p>LexCheck is improving the way corporate legal works by employing AI to entirely automate the process of an in-house attorney\u2019s review of common contract agreements.&nbsp; Employing state of the art AI technology, LexCheck can completely replace the need for human review of commonly executed agreements.&nbsp; LexCheck does not just negotiate an agreement as an experienced attorney would; LexCheck negotiates an agreement the same way a given company\u2019s own in-house attorney would negotiate, adhering to the company\u2019s own internal negotiation playbook and best practices.&nbsp; LexCheck is the world\u2019s most effective AI-based contract negotiation solution, delivered by qualified legal professionals who work closely with their clients to incorporate their unique negotiating positions into the LexCheck AI.&nbsp; For more information, visit <a href=\"http:\/\/www.LexCheck.com\"><strong>www.LexCheck.com<\/strong><\/a>.<\/p>\n<p>Media Contact:<\/p>\n<p>Will Chartain<br \/>LexCheck<br \/>media@LexCheck.com<\/p>\n<div id=\"related_posts_wrap\">\n<h4>Also Read:<\/h4>\n<\/p>\n<\/div>\n<p><h3> Contact Information: <\/h3>\n<\/p>\n<p>media@lexcheck.com<br \/>Will Chartain <\/p>\n<hr>\n<div class=\"viacrowd viaimg\"> <a href=\"https:\/\/icrowdnewswire.com\"><img decoding=\"async\" src=\"https:\/\/icrowdnewswire.com\/wp-content\/themes\/icrowdnewswire\/images\/post_via_image.png\" alt=\"iCrowdNewswire\"><\/a> <\/div>\n<p> <!-- Now display keyword(tags) if any, and Categories combined --> <\/p>\n<p><span id=\"keywords_post_single\"> <strong> Keywords:<\/strong>&nbsp;&nbsp;&nbsp;&nbsp;Contract Management, Artificial Intelligence, AI, Legal Technology, Contract Review, Contract Negotiation<\/span><\/p>\n<div id=\"Tags_post_single\"> <strong> Tags:<\/strong>&nbsp;&nbsp;&nbsp;&nbsp;<a href=\"https:\/\/icrowdnewswire.com\/category\/financial-content\/\" rel=\"category tag\">Financial Content<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/google-news\/\" rel=\"category tag\">Google News<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/ips\/\" rel=\"category tag\">IPS<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/extended-distribution\/\" rel=\"category tag\">Extended Distribution<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/icn-internal-distribution\/\" rel=\"category tag\">iCN Internal Distribution<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/legal-newswire\/\" rel=\"category tag\">Legal Newswire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/law-com-newswire\/industries\/technology\/\" rel=\"category tag\">Technology<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/law-com-newswire\/corporate-transactions\/commercial-contracts\/\" rel=\"category tag\">Commercial contracts<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/law-com-newswire\/artificial-intelligence\/legal-tech\/\" rel=\"category tag\">Legal Tech<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/law-com-newswire\/legal-technology\/\" rel=\"category tag\">Legal Technology<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/law-com-newswire\/artificial-intelligence\/contract-management\/\" rel=\"category tag\">Contract management<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/law-com-newswire\/artificial-intelligence\/document-review\/\" rel=\"category tag\">Document review<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/law-com-newswire\/artificial-intelligence\/machine-learning\/\" rel=\"category tag\">Machine learning<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/div>\n<p> <!--<\/p>\n\n\n\n\n\n\n\n<p>\n\n\n\n<div class=\"btn btn-primary\"> <a href=\"\" target=\"_blank\" id=\"related_posts_url\" rel=\"noopener noreferrer\">View Related Posts<\/a> <\/div>\n\n\n\n--> <\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\/lexcheck-announces-2nd-generation-ai-contract-negotiation-platform\/\">LexCheck Announces 2nd Generation AI Contract Negotiation Platform<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\">Financial Market Brief<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>iCrowdNewswire &nbsp;&nbsp;Feb 3, 2021&nbsp;&nbsp;7:00 AM ET LexCheck&rsquo;s Artificial Intelligence (AI) powered contract negotiation platform is transforming contract negotiations for many of the world&rsquo;s largest enterprises. LegalWeek, New York City, February 3, 2021 \/Legal Newswire\/ &mdash; LexCheck, a global provider of the world&rsquo;s only AI-powered contract negotiation platform providing near instantaneous attorney-quality redlining and guidance for [&hellip;]<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\/lexcheck-announces-2nd-generation-ai-contract-negotiation-platform\/\">LexCheck Announces 2nd Generation AI Contract Negotiation Platform<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/heymuse.com\/\">Financial Market Brief<\/a>.<\/p>\n<p> <a href=\"https:\/\/ipsnews.net\/business\/2021\/02\/03\/lexcheck-announces-2nd-generation-ai-contract-negotiation-platform\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":291,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20,23],"tags":[],"class_list":["post-103587","post","type-post","status-publish","format-standard","hentry","category-press-release","category-technology"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>LexCheck Announces 2nd Generation AI Contract Negotiation Platform - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ipsnews.net\/business\/2021\/02\/03\/lexcheck-announces-2nd-generation-ai-contract-negotiation-platform\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LexCheck Announces 2nd Generation AI Contract Negotiation Platform - Business\" \/>\n<meta property=\"og:description\" content=\"iCrowdNewswire &nbsp;&nbsp;Feb 3, 2021&nbsp;&nbsp;7:00 AM ET LexCheck&rsquo;s Artificial Intelligence (AI) powered contract negotiation platform is transforming contract negotiations for many of the world&rsquo;s largest enterprises. LegalWeek, New York City, February 3, 2021 \/Legal Newswire\/ &mdash; LexCheck, a global provider of the world&rsquo;s only AI-powered contract negotiation platform providing near instantaneous attorney-quality redlining and guidance for [&hellip;] The post LexCheck Announces 2nd Generation AI Contract Negotiation Platform appeared first on Financial Market Brief. 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LegalWeek, New York City, February 3, 2021 \/Legal Newswire\/ &mdash; LexCheck, a global provider of the world&rsquo;s only AI-powered contract negotiation platform providing near instantaneous attorney-quality redlining and guidance for [&hellip;] The post LexCheck Announces 2nd Generation AI Contract Negotiation Platform appeared first on Financial Market Brief. 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