Contract review is tedious, but missing something can be expensive.
In this episode, Chris Brown of Pixel Law shares his screen as he reviews a 56-page Asset Purchase Agreement using Spellbook.
See how effective AI tools can help you:
- Surface unknown risks, - Draft clauses like indemnification and delivery terms, and - Update you on substantive legal issues within a contract.
Chris also shares how he uses Spellbook for a "second opinion," and why he believes AI will change the practice of law.
𝗪𝗵𝗲𝗿𝗲 𝘁𝗼 𝗳𝗶𝗻𝗱 𝘁𝗼𝗱𝗮𝘆'𝘀 𝗴𝘂𝗲𝘀𝘁:
https://www.linkedin.com/in/thepixellawyer/
📌 𝗧𝗵𝗲 𝗥𝗲𝗱𝗹𝗶𝗻𝗲 𝗡𝗲𝘄𝘀𝗹𝗲𝘁𝘁𝗲𝗿:
Get the latest news, trends, and tactics in legal AI—straight to your inbox. ➞ join free: https://www.spellbook.legal/newsletter
💎 𝗦𝗽𝗲𝗹𝗹𝗯𝗼𝗼𝗸:
Draft and review contracts 10x faster ➞ try it free: https://www.spellbook.legal
𝗧𝗶𝗺𝗲𝘀𝘁𝗮𝗺𝗽𝘀:
0:00 - Introduction
0:37 - What contract review looked like before AI
1:52 - The document: a 56-page asset purchase agreement
2:11 - High-level risk overview
4:18 - Diving into indemnification
8:25 - Non-compete analysis and Florida law
10:46 - Breaking down the purchase price
15:08 - Reps and warranties review (35 issues in 9 pages)
17:52 - Running the same prompt twice for a second opinion
18:24 - Closing deliveries and what's missing
22:08 - Catching missing terms across the document
24:44 - Compare to Market feature
28:35 - What stood out most from the process
29:51 - When to trust AI vs. your own judgment
31:00 - How to get started with AI tools
32:09 - Wrap up