Spellbook

Meet the future of legal drafting and review software, Spellbook. This AI tool, created by Rally Legal, utilizes the power of OpenAI's GPT-3 language model to revolutionize the legal profession. Spellbook's unique capability lies in its ability to draft new clauses and complete sections based on the context of the agreement. This feature allows you to create comprehensive and contextually appropriate legal documents with ease.

Spellbook doesn't just stop at drafting, it also excels in contract review. The tool is designed to identify aggressive or unusual terms in contracts. Moreover, it suggests important language and clauses that may be missing, ensuring you don't overlook any crucial details. It even provides common negotiation points, making stakeholder discussions more efficient.

Another remarkable feature of Spellbook is its ability to reference real-world facts from credible sources such as books and Wikipedia. This feature aids in drafting contracts that are both legally sound and grounded in reality. Spellbook is the only AI tool in the market that's specifically tuned for contracting and is integrated with Microsoft Word.

As of now, the tool is in early access, with plans to open up to new users gradually. This allows the team at Rally Legal to continuously improve and fine-tune the product, ensuring an optimal user experience.

In summary, Spellbook is a groundbreaking AI tool designed to assist legal professionals. Its main features include drafting and reviewing contracts, detecting unusual terms, suggesting missing clauses, and referencing real-world facts. By using Spellbook, you can streamline your legal work, improve efficiency, and ensure the quality of your contracts.