AI-based tools automate time-consuming processing routines, analyse large volumes of text and identify risks. Our AI solution, otris copilot, supports you in the management, processing and review of legally relevant documents: from automated creation in digital files to careful risk analysis.
Automation: Would you like to quickly enter contracts into your database? otris copilot automatically records and transfers master data and content into the system.
Analysis: Want to understand the most important content of a document without reading it in full? Ask otris copilot in the chat and get quick answers.
Risk check: You need to check a comprehensive document for specific risks? otris copilot identifies risky contract terms in a short time.
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otris copilot
Artificial intelligence for fast creation, review and evaluation of legally relevant documents.
Contract management is the most important area of application for AI-based solutions in many legal departments. How does otris copilot work in contract management?
Accelerate processes
The otris copilot identifies metadata and clauses and compares them with your definitions for contract types. This enables fast, automated import of legacy and third-party contracts as well as checking for specific attributes.</big
Make better decisions
The contents of your existing contracts are a key to optimal contract negotiations in the future. otris copilot analyses selected contracts within a short time and finds what you are looking for: comparable cases, data from previous negotiations, conditions that need to be adjusted, etc..
Disclose opportunities and risks
The otris copilot recognises trends and patterns in data that human auditors may miss. This technology optimises contract review and risk analysis. In the same way, the tool helps you to uncover opportunities and potential in your contract portfolio
Search for information more precisely
Would you like to search a large contract exclusively for a specific detail, such as a clause? otris copilot provides you with more in-depth support than a ‘normal’ text search. Aided by AI, you can ‘talk’ to the contract and search the document at a semantic level.
The potential of artificial intelligence is obvious. Applications such as ChatGPT make the technology usable even for non-experts. Nevertheless, there are points that need to be considered, especially when using it in a professional context.
The use of artificial intelligence in legal departments requires careful consideration of the applicable data protection regulations, in particular the General Data Protection Regulation (GDPR). In addition to requirements such as data protection impact assessments, data processing agreements and data minimisation, there is a fundamental challenge for many AI tools: checking whether personal data is transferred to a third country outside the EU. Many companies that use AI applications from US companies (such as ChatGPT from Open AI) use the protected environment of Microsoft Azure for GDPR-compliant use. We will be happy to advise you on how to use otris copilot in compliance with data protection regulations.
With otris copilot, we follow the principle of ‘AI of your choice, integrated into our platform’. otris provides the interface and user interface through which you can integrate your preferred AI provider into our specialised solution. You decide which AI model (e.g. gpt4o) and operating location (e.g. EU/Microsoft Azure Cloud) you want to use. This gives you full control over how and where your data is processed.
Should artificial intelligence make important decisions? We think so: No, you should do that as experts and lawyers. But AI can provide you with optimal support in your decision-making – for example in the comprehensive procurement of information or in recognising opportunities and risks in contracts.
Efficient solutions for your legal department
Our AI-powered contract management software fulfils the demanding requirements of modern legal departments. By integrating with otris legal SUITE, otris compliance SUITE and otris privacy SUITE, we offer advanced automation, accurate risk analyses and increased efficiency in the management and adherence to compliance, data protection and legal regulations. Discover how our comprehensive solutions can make your legal department more efficient and effective.
Would you like to find out how our solutions are enhanced by AI systems? Our consultants will be happy to show you how otris copilot works and what benefits it brings to your legal department. Contact us for a personalised demonstration!
Online demo | Register now for free!
FAQ: otris copilot for legal departments
Artificial intelligence generates two main benefits in the legal department: Thoroughness and time savings. Analysing thousands of pages of text for certain criteria is possible at the touch of a button, error-free and within a short time. The same applies to the automation of investment processes or evaluation routines.
Yes, you benefit from the AI-based otris copilot not only in contract management, but also in the specialist areas of investment, transaction and property rights management.
Yes. otris copilot is a standardised extension for the otris legal SUITE, but can be adapted to specific company requirements.