{"id":117750,"date":"2021-06-23T13:00:00","date_gmt":"2021-06-23T13:00:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2883897"},"modified":"2021-06-23T13:00:00","modified_gmt":"2021-06-23T13:00:00","slug":"acc-selects-lexcheck-as-2021-value-champion-award-winner","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2021\/06\/23\/acc-selects-lexcheck-as-2021-value-champion-award-winner\/","title":{"rendered":"ACC Selects LexCheck as 2021 Value Champion Award Winner"},"content":{"rendered":"

\"\"<\/p>\n

LexCheck’s award-winning Artificial Intelligence (AI) powered contract negotiation platform is transforming contract negotiations for the world’s largest enterprises.<\/p>\n

June 23, 2021, New York City, NY\/Legal Newswire\/<\/strong> \u2014LexCheck<\/strong><\/a> is proud to announce that it has been selected as a Value Champion<\/a><\/strong> by the Association of Corporate Counsel, one of the premier associations of in-house counsel. LexCheck offers the world\u2019s only true AI-powered contract negotiation platform, providing near-instantaneous attorney-quality redlining and guidance for virtually all business agreements.<\/p>\n

The Legal Operations team at NetApp, a Fortune 500 company, conceptualized a first of its kind contract review solution that uses LexCheck\u2019s artificial intelligence (AI) platform to bring all relevant signing information to the approving executive\u2019s fingertips: risk rating, mitigation planning, as well as any prior approvals and comments from Legal and other stakeholders. \u201cIn a perfect world, we would have a single integrated platform in Legal, but no such thing exists in the industry at this point in time. To get a good end-to-end solution, you have to partner,\u201d said Connie Brenton, VP of Law, Technology & Operations at NetApp. \u00a0NetApp assembled multiple providers and technologies together to create and implement an integrated solution to streamline its contract review processes, increase speed, and reduce overall risk. \u00a0Once implemented, the solution dramatically reduced approval times by 80 percent and while reducing the total legal issue escalation rate from 80 percent to a mere 10 percent.<\/p>\n

“This award signifies LexCheck\u2019s unique ability to deliver rapid results in contract negotiation,” said Mike Alford, Chief Revenue Officer of LexCheck. “It is a testament to the outstanding business value LexCheck delivers and the incredible community of leaders and innovators that have supported our journey to date.\u201d<\/p>\n

Learn more at www.lexcheck.com<\/a>.<\/p>\n

About LexCheck<\/strong><\/p>\n

LexCheck is transforming the way corporate legal works by employing AI to entirely automate the process of an in-house attorney\u2019s review of common contract agreements.\u00a0 Employing state-of-the-art AI technology, LexCheck can completely replace the need for human review of commonly executed agreements.\u00a0 LexCheck does not just negotiate an agreement as an experienced attorney would; LexCheck negotiates an agreement the same way a given company\u2019s in-house attorney would, adhering to the company\u2019s own internal negotiation playbook and best practices.\u00a0 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 the client\u2019s own unique negotiating positions into the LexCheck AI.\u00a0 For more information, visit www.lexcheck.com<\/a>.<\/p>\n

Tags: Artificial Intelligence<\/a>, Ai<\/a>, legal technology<\/a>, Contract Management<\/a>, Commercial Contracts<\/a>, contract review<\/a>, Contract LifeCycle Management<\/a>, Contract Negotiation<\/a>, contracts<\/a>, contracting<\/a> <\/p>\n

See Campaign: <\/strong>http:\/\/www.lexcheck.com<\/a>
Contact Information:<\/b>
Will Chartain media@LexCheck.com<\/a><\/p>\n

Tags:<\/b>
<\/a>, Menafn<\/a>, Google News<\/a>, Financial Content<\/a>, IPS<\/a>, Reportedtimes<\/a>, Extended Distribution<\/a>, iCN Internal Distribution<\/a>, Legal Newswire<\/a>, Legal Technology<\/a>, Legal Tech<\/a>, Technology<\/a>, Commercial contracts<\/a>, Banking and institutional investing<\/a>, Contract management<\/a>, Document review<\/a>, Machine learning<\/a>, Banking<\/a>, English<\/a><\/p>\n

\"image\"<\/div>\n

\n

Contact Information:<\/h3>\n

Will Chartain
media@LexCheck.com<\/a><\/p>\n<\/p>\n<\/div>\n

The post ACC Selects LexCheck as 2021 Value Champion Award Winner<\/a> appeared first on Financial Market Brief<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

LexCheck’s award-winning Artificial Intelligence (AI) powered contract negotiation platform is transforming contract negotiations for the world’s largest enterprises. June 23, 2021, New York City, NY\/Legal Newswire\/ —LexCheck is proud to announce that it has been selected as a Value Champion by the Association of Corporate Counsel, one of the premier associations of in-house counsel. LexCheck […]<\/p>\n

The post ACC Selects LexCheck as 2021 Value Champion Award Winner<\/a> appeared first on Financial Market Brief<\/a>.<\/p>\n

Continue Reading →<\/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-117750","post","type-post","status-publish","format-standard","hentry","category-press-release","category-technology"],"yoast_head":"\nACC Selects LexCheck as 2021 Value Champion Award Winner - 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=\"http:\/\/ipsnews.net\/business\/2021\/06\/23\/acc-selects-lexcheck-as-2021-value-champion-award-winner\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ACC Selects LexCheck as 2021 Value Champion Award Winner - Business\" \/>\n<meta property=\"og:description\" content=\"LexCheck’s award-winning Artificial Intelligence (AI) powered contract negotiation platform is transforming contract negotiations for the world’s largest enterprises. June 23, 2021, New York City, NY\/Legal Newswire\/ —LexCheck is proud to announce that it has been selected as a Value Champion by the Association of Corporate Counsel, one of the premier associations of in-house counsel. LexCheck […] The post ACC Selects LexCheck as 2021 Value Champion Award Winner appeared first on Financial Market Brief. 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