### Introduction to LegalOn’s My Playbooks

LegalOn has recently unveiled an innovative tool known as ‘My Playbooks’. This cutting-edge solution empowers lawyers by leveraging advanced AI technology to review and redline contracts based on the unique standards and language specified by their business. In this article, we will provide a detailed product walkthrough to showcase how My Playbooks operates and the multitude of advantages it offers to in-house legal teams.

### Key Features of My Playbooks

**My Playbooks** is designed with a focus on accommodating both US and English law contracts, boasting four essential features that enhance contract management:

– **Custom Standards:** Users can create comprehensive guidelines that align seamlessly with their organization’s specific requirements. This feature allows for the addition of crucial context such as model language and fallback positions, which helps in systematically organizing them into playbooks. As a result, teams benefit from consistent review processes, leading to improved contract quality and compliance.

– **AI-Assisted Review:** The AI integrated within My Playbooks provides instant evaluations of incoming contracts and redlines, utilizing pass-fail indicators that notify users of compliance with established standards. Additionally, it features clickable references that lead users to the original source or suggested areas for improvement, ensuring that legal teams can easily access relevant information.

– **Automated Redlining:** One of the standout capabilities of LegalOn’s platform is its AI’s ability to conduct precise redlining of problematic terms. The AI applies the preferred vocabulary and language of your organization, thereby maintaining consistency and enhancing clarity in contract language.

– **Layer for Complete Coverage:** This feature allows teams to utilize multiple playbooks simultaneously, offering the flexibility to mix and match with LegalOn’s collection of ready-to-use playbooks. This comprehensive approach ensures that every contract is scrutinized thoroughly without requiring extensive playbook development efforts.

### Demonstration and Expert Insight

To understand how My Playbooks works in practice, viewers can watch a demonstration video featuring the Global CEO, **Daniel Lewis**. The demonstration provides valuable insights into the product’s functionalities, followed by a Q&A session with Artificial lawyer, which elaborates on how this tool can be utilized to improve contract review processes.

### Engagement and Subscription

Teams interested in experiencing the benefits of My Playbooks can easily book a demo through LegalOn’s website. The company, which has successfully raised $130 million and expanded its client base to over 6,500 globally, emphasizes that the launch represents a significant enhancement in LegalOn’s capabilities.

My Playbooks is readily available to all LegalOn subscribers, and the company additionally offers support services aimed at helping legal teams construct and document their own personalized playbook collection.

### Addressing Common Contract Review Challenges

As CEO Lewis highlighted, many legal teams allocate countless hours scrutinizing contracts for recurring issues such as indemnification clauses, limits on liability, and payment terms. My Playbooks effectively addresses this challenge by automatically identifying problematic terms for revision. This not only saves time but also enhances the precision of contract management efforts.

### The Rise of AI in legal Contract Review

The release of My Playbooks coincides with a notable increase in interest surrounding the implementation of AI tools in conjunction with contract review capabilities. This trend is particularly relevant for in-house legal departments that regularly manage a wide array of similar contracts. By allowing lawyers to leverage AI for reviewing documents, comparing results, and making precise redlines based on internally-established playbooks, organizations stand to experience a tremendous boost in productivity.

### The Role of AI legalese decoder

In this fast-evolving landscape of contract management, tools like AI legalese decoder can significantly enhance the functionality and efficiency of My Playbooks. The AI legalese decoder specializes in simplifying complex legal terms and providing clearer interpretations of legal jargon, making it easier for legal teams to understand contracts fully. When integrated with My Playbooks, it can help ensure that the language used in the playbooks is not only compliant with legal standards but is also user-friendly for all stakeholders involved.

### Conclusion

As demonstrated by research conducted by LegalOn, a growing percentage of in-house teams are now utilizing AI technologies for contract review. The increasing prevalence of AI, particularly with the advent of generative AI, signifies its emerging role in transforming how legal teams operate.

For teams eager to explore the advantages of My Playbooks, they can easily book a demo with the LegalOn team using this provided link.

### Disclaimer

*This article includes a sponsored AL TV Product Walk Through video within a standard AL news story.*