An artificial intelligence platform that automates and improves legal and business processes.
Precedent is an artificial intelligence platform that automates and improves both legal and business processes for corporate legal departments, law firms, contract professionals, and procurement teams. With the single mission of helping business professionals get more work done faster, the AI engine automates existing mundane, manual and costly legal processes enabling continuous learning and workflow improvements. The Precedent intelligence platform brings together advanced AI techniques to empower organizations with artificial intelligence that reads, writes, and reasons like a lawyer.
Artificial intelligence turns contract data into actionable information.
Legal teams are constantly being asked to do more with fewer resources and a shrinking budget causing 41% of in-house legal teams to redirect their legal spend to technology. Precedent is able to satisfy an unlimited number of use cases throughout the organization from M&A insight, court decision classification, tax determination, to legal triage and financial advice compliance. Precedent provides results that are explainable, giving you confidence and trust in what the AI is producing.