About Latch
Latch is an AI-powered tool that aims to assist legal teams in negotiating and finalizing contracts with greater speed and efficiency. It uses Open AI's GPT-4 language model to analyze and understand agreements, offering suggestions on how to revise and update counterparty language based on a user's standard position. The tool's interface enables users to toggle between suggestions, accept them, and generate redlines automatically that can be inserted directly into the document. Latch also provides a question-and-answer feature to help users navigate through an agreement with granular questions and open-ended queries. Additionally, Latch can assemble simple, plain-language checklists for various situations, allowing users to analyze agreements to ensure compliance with their checklists. Data privacy is a central focus for Latch, and the tool's privacy policy and terms of use are publicly available. Latch is suitable for dynamic companies, as it aims to help them minimize the time, effort, and overall cost of the contracting process. The tool is cloud-based, and users can schedule a demo to explore its features further. In summary, Latch offers an innovative approach to contract drafting and negotiation, providing a comprehensive set of features that can streamline and expedite the legal team's workflow.
Key Features
- ✅ GPT
- ✅ 4 language model usage
- ✅ Contract negotiation assistance
- ✅ Contextual suggestions for revision
- ✅ Toggleable suggestion engine
- ✅ Automated redlines generation
- ✅ Directly insertable edits
- ✅ Facilitates Q&A negotiation
- ✅ Plain language checklists creation
- ✅ Compliance analysis feature
- ✅ Public access to data policy
- ✅ Cloud
- ✅ based tool
- ✅ Demo availability
- ✅ Efficiency in contract drafting
Pricing
Free to use
Rating & Reviews
3/5 stars based on 1 reviews
Categories & Tags
Category: Contract Reviews
Tags: business, legal, analysis, questions