Maigon

Experience the power of AI-driven contract review.

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Description

Maigon provides AI-driven solutions for contract review, designed to increase efficiency in closing deals. Its tools screen agreements, offer legal Q&A, and guide users in finalizing contracts rapidly. The platform integrates state-of-the-art deep learning technology and OpenAI's GPT-4, working synergistically with Maigon's proprietary AI models to deliver a comprehensive compliance review experience.

The system supports various contract types through specific AI review modules, which are regularly updated for new contract types and the latest legislative changes. Maigon aims to help businesses and organizations globally make legal work less time-consuming and more resource-efficient by automating legal document review, allowing teams to focus on strategic tasks rather than repetitive legal review routines.

Key Features

Quick start: Solutions are available out-of-the-box, with no pre-training required. Review your first contract in 1 minute after first login.
Our own data: We do not require our clients to supply any data to train our AI. Instead, we manually collect and label the datasets ourselves.
Always up-to-date: Our solutions are always aligned with the latest legislative changes.
Custom playbook: We help you add your own rules into our standard solutions to address your organization's review guidelines and practices.
Unmatched speed: We provide review quality on par with top lawyers in a matter of minutes.
On-premise availability: On-premise option is available to meet the strictest security standards.
In your language: Our solutions support more than 50 languages. Bilingual contracts are also supported.
State-of-the-art Technology: We make use of the latest research, deep learning and NLP technology available.
GPT-4 Integration: Platform-wide integration of OpenAI's GPT-4, working synergistically with Maigon's proprietary AI models for an unmatched compliance review experience.
Contract-specific AI modules: Offers specialized review for various contract types like DPAs, NDAs, Consultancy Agreements, etc.

Use Cases

Review Data Processing Agreements for GDPR and EDPB compliance.
Assess privacy statements against GDPR criteria.
Analyze Non-Disclosure Agreements for adherence to standards and best practices.
Examine Consultancy Agreements and professional services agreements for compliance.
Review Product Supply Agreements according to established standards.
Conduct compliance reviews of R&D agreements.
Evaluate End User License Agreements for software.
Automate repetitive review workflows for in-house legal teams.
Accelerate deal closing for sales and procurement teams.
Assist law firms in delivering strategic legal advice by efficiently analyzing documents.
Enhance contract platforms with richer insights via API integration.

Frequently Asked Questions

Who can benefit from Maigon's AI contract review tools?

Maigon is designed for in-house sourcing teams, in-house legal departments, law firms, and contract platforms. It helps sales and procurement close deals faster, automates repetitive review workflows for legal teams, assists law firms in delivering strategic advice by sifting through documents, and enriches contract platforms with insights via API integration.

Does Maigon require pre-training or client data for its AI?

No, Maigon's solutions are ready to use out-of-the-box without pre-training. Maigon develops its AI using its own manually collected and labeled datasets, so clients are not required to supply their data for training.

How does Maigon ensure its contract review is up-to-date with legal changes?

Maigon's solutions are always aligned with the latest legislative changes. The platform also regularly adds support for new contract types based on customer demand and integrates advanced AI like OpenAI's GPT-4 to maintain cutting-edge review capabilities.

Can Maigon be customized to an organization's specific review guidelines?

Yes, Maigon offers a custom playbook feature. This allows organizations to incorporate their own rules and specific review guidelines into Maigon's standard solutions to tailor the review process to their needs.

Does using Maigon constitute legal advice or create an attorney-client relationship?

No, Maigon is provided as a service and for informational purposes only. This service does not constitute legal advice, nor does it establish any form of attorney-client relationship with the company. While every effort is made to ensure accuracy, the information provided may contain errors or omissions.