LexCheck
2 Case Studies
A LexCheck Case Study
NetApp, a cloud data management solutions company, faced a challenge managing the manual, resource-intensive process of reviewing high-volume sponsorship agreements for events. This complex process required significant time from its procurement and legal teams to mitigate risk and created a drain on resources. NetApp partnered with LexCheck and its AI-powered Contract Review and Negotiation Platform to find a more automated, light-touch solution.
LexCheck implemented an AI solution trained on NetApp's internal guidelines to automate the contract review. The platform rapidly analyzes third-party contracts, identifies deviations from company policy, and generates a summary of findings within minutes. This integration eliminated an entire manual step, resulting in a more than 90% reduction in review time and a greater than 33% reduction in total time to execution, while also increasing the quality and consistency of the work.
Connie Brenton
Vice President Law, Technology & Operations