Tome Law
Better Legal Agreements Through A.I.
Description
Tome Law is an AI-powered platform designed to streamline the process of handling commercial legal agreements. It assists users by analyzing and reviewing contracts such as NDAs and Sales Agreements, identifying potential issues, risks, and opportunities through its AI engine trained on common commercial terms and a vast database of precedents. The tool provides insights derived from over 10,000 precedents and market standards, enabling users to build custom negotiation playbooks and make informed strategic decisions.
Beyond automated analysis, Tome Law offers features for negotiation support, providing real-time feedback for agreements like SAFEs and Term Sheets. It emphasizes data security with enterprise-grade measures and a dedicated 'Tome Vault' for storing and managing documents. Collaboration is facilitated through integrations with email and Slack, and an API is available. For complex situations, users have the option to involve expert partner attorneys for tailored advice, redrafting, and negotiation support, combining AI efficiency with human legal expertise.
Key Features
- AI Contract Review: Identifies red flags, risks, and opportunities in legal documents.
- AI-Powered Negotiation Support: Offers real-time feedback and leverage for negotiating terms.
- Precedent Database Access: Leverages insights from over 10,000 contract terms and market standards.
- Custom Playbook Creation: Allows users to build tailored negotiation strategies.
- Secure Tome Vault: Provides enterprise-grade security for storing and managing contracts.
- Collaboration Integrations: Works seamlessly with email, Slack, and offers an API.
- Expert Attorney Access: Option to add qualified partner attorneys for tailored advice and support.
- Instant LLM Analysis: Delivers rapid AI-driven insights into contracts.
- Attorney-Approved Suggestions: Provides negotiation guidance vetted by legal experts.
- Transparent Market Data Benchmarking: Compares contract terms against industry standards.
Use Cases
- Reviewing Non-Disclosure Agreements (NDAs)
- Analyzing Sales Agreements
- Evaluating custom contracts for risks and opportunities
- Negotiating Simple Agreements for Future Equity (SAFEs)
- Facilitating Equity Financing negotiations
- Streamlining Term Sheet reviews and negotiations
- Automating routine legal contract workflows
- Benchmarking deal terms against market standards
- Accelerating the contract closing process
- Securing favorable terms in funding rounds
- Conducting high-volume contract analysis
- Performing historical contract benchmarking
