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ACC SELECTS LEXCHECK AS 2021 VALUE CHAMPION AWARD WINNER



LexCheck's award-winning Artificial Intelligence (AI) powered contract
negotiation platform is transforming contract negotiations for many of the
world's largest enterprises.

June 23, 2021, New York City, NY/Legal Newswire — LexCheck, is proud to announce
that it has been selected as a Value Champion by the Association of Corporate
Counsel, one of the premier associations of in-house counsel. LexCheck offers
the world’s only true AI-powered contract negotiation platform, providing
near-instantaneous attorney-quality redlining and guidance for virtually all
business agreements.

The Legal Operations team at NetApp, a Fortune 500 company, conceptualized a
first of its kind contract review solution that uses LexCheck’s artificial
intelligence (AI) platform to bring all relevant signing information to the
approving executive’s fingertips: risk rating, mitigation planning, as well as
any prior approvals and comments from Legal and other stakeholders. “In a
perfect world, we would have a single integrated platform in Legal, but no such
thing exists in the industry at this point in time. To get a good end-to-end
solution, you have to partner,” said Connie Brenton, VP of Law, Technology &
Operations at NetApp. NetApp assembled multiple providers and technologies
together to create and implement an integrated solution to streamline its
contract review processes, increase speed, and reduce overall risk. Once
implemented, the solution dramatically reduced approval times by 80 percent and
while reducing the total legal issue escalation rate from 80 percent to a mere
10 percent.

"This award signifies LexCheck’s unique ability to deliver rapid results in
contract negotiation," said Mike Alford, Chief Revenue Officer of LexCheck. "It
is a testament to the outstanding business value LexCheck delivers and the
incredible community of leaders and innovators that have supported our journey
to date.”

About LexCheck

LexCheck is transforming the way corporate legal works by employing AI to
entirely automate the process of an in-house attorney’s review of common
contract agreements.  Employing state-of-the-art AI technology, LexCheck can
completely replace the need for human review of commonly executed agreements. 
LexCheck does not just negotiate an agreement as an experienced attorney would;
LexCheck negotiates an agreement the same way a given company’s in-house
attorney would, adhering to the company’s own internal negotiation playbook and
best practices.  LexCheck is the world’s most effective AI-based contract
negotiation solution, delivered by qualified legal professionals who work
closely with their clients to incorporate the client’s own unique negotiating
positions into the LexCheck AI.

Media Contact:

Will Chartain
LexCheck
media@LexCheck.com

LexCheck’s AI-powered contract negotiation platform can help you return a fully
reviewed contract in just minutes. To learn more, try a free demo or contact us
at sales@lexcheck.com.


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CIOREVIEW SELECTS LEXCHECK AS MOST PROMISING LEGAL TECH PROVIDER FOR 2021

LexCheck's award-winning Artificial Intelligence (AI) powered contract
negotiation platform is...


LEXCHECK ANNOUNCES “BACK TO THE OFFICE” FOR ITS TEAM AND REOPENING IN NEW YORK
CITY OF A NEW HEADQUARTERS LOCATION

LexCheck's award-winning Artificial Intelligence (AI) powered contract
negotiation platform is...


LEXCHECK EXPANDS TO EMEA WITH  LONDON SALES AND DELIVERY CENTER

LexCheck's award-winning Artificial Intelligence (AI) powered contract
negotiation platform is...

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