In everyday words
Sullivan & Cromwell and OpenAI built software that reads a draft contract and points out possible issues. It’s meant to support agreement review work, not replace it.
Need a meaning?
A not-yet-final contract that can still be edited.Software that uses pattern-finding to help with tasks like reading and summarizing text.Finding parts of a document that may need attention or changes.
Quick Sip
What you need to know
- Who is affected
- In-house legal teams reviewing draft agreements, Law firms involved in contract drafting and review, Business teams that send agreements for legal review
- What changed
- Sullivan & Cromwell, working with OpenAI, developed Agreement Analyzer. The firms describe it as an AI tool for identifying issues in a draft agreement.
- Why it matters
- If accurate and well-scoped, tools like this could help teams spot potential problems earlier in the agreement process. It may also change how legal review time is allocated across drafting and checking.
- What to watch next
- Whether Sullivan & Cromwell shares how the tool is used in practice, including its review steps and how results are checked by people.
Four useful details
- Sullivan & Cromwell and OpenAI developed “Agreement Analyzer.”.
- The tool is described as identifying issues in draft agreements.
- No details were provided on availability, rollout, or performance.
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