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In the construction industry, managing contract risks is critical due to stringent insurer scrutiny of liability clauses and compliance requirements. Effective contract management can significantly impact project profitability and success.
AI Contract Review is here to help.
Reduce insurance costs with consistent risk management across all your appointments, contracts, and project portfolios.
Efficiently search for key terms across all signed agreements with our comprehensive portfolio analysis tools.
The construction industry faces significant challenges in managing complex contracts and ensuring compliance. Delays and errors in contract management can lead to increased costs and project delays.
Ensure all construction agreements are precise and compliant, minimising delays and avoiding costly legal disputes, thereby enhancing overall project efficiency.
"The platform reviewed complex agreements in less than 3 mins at an accuracy level of above 90%. The same contract took qualified lawyers 4 hours to review at an average accuracy rate of 86%."
Joe Stephenson - Partner and Head of Technology at Shoosmiths