All lawyers know that a contract review is a careful study of a legal agreement to make sure everything is clear and accurate on the document. It is also the most stressful and time consuming task! Previously, it could take hours, or even days, but now with the development of technology, virtual assistants have begun to appear. For example, Loio is an AI-powered legal document analysis & editing tool for Microsoft Word. This extension works directly in the Word, analyzes the document and can immediately highlight errors or inconsistencies. This speeds up the work at times! Now this case does not seem so frightening and difficult.
The tool is simple to use and has many useful functions, such as highlighting and analyzing important phrases, discovering any flaws or inconsistencies, and recommending alternative language to improve contract clarity and readability.