Case Study: Quora reduces NDA approval time and accelerates contract reviews with Ivo

Streamlining legal operations at Quora with Ivo

Quora, a social question-and-answer website, sought to enhance the efficiency of its legal contract review process. The challenge was to handle a high volume of counterparty paper requests without requiring additional headcount, while also flagging key terms for attorney review. To solve this, they performed a six-month evaluation of 13 AI solutions before selecting Ivo for its configurability and intuitive checklist feature.

By implementing Ivo's AI-powered solution, Quora transformed its legal operations. The results were significant and measurable: the time to approve NDAs was reduced from 4 days to 2 days, and the initial redline review for low-risk agreements was accelerated from 11 hours to just 5 minutes. Ivo’s customizable playbooks provided consistency in negotiations and empowered non-legal staff to manage low-risk contracts, allowing the legal team to reallocate resources to more strategic, high-risk work.

Quora

Adrie Christiansen

Legal Operations Lead