SimpleAI // AI-Powered Contracts in Action

There is plenty of AI hype in legal, and just as much skepticism. This session walks through how SimpleAI turns that skepticism into trust. Electra demonstrates SimpleAI inside Microsoft Word, explains how the Law Insider database anchors AI suggestions in executed contracts, and shows how Standards and playbooks guide consistent decisions. You will see risk flags, surgical redlines, the Law Insider Index that benchmarks language against market, and practical ways to move from manual review to a repeatable, transparent workflow.

Key Takeaways

• Precedent matters. SimpleAI references the Law Insider database so suggestions reflect what is actually market, not just what sounds good.

• Standards accelerate good judgment. oneNDA and other community Standards provide clear starting points that align teams and reduce low-value negotiation.

• Playbooks encode your positions. Principle-based or prescriptive playbooks set primary stances and fallbacks, plus reviewer guidance and comments.

• The Law Insider Index builds trust. Generated or suggested language is scored against executed contracts to show how common the substance is in similar agreements.

• Real productivity inside Word. Ask questions, summarize risks, compare to a term sheet, draft clauses, and apply redlines without leaving your document.

• Privacy and security respected. Your data stays in your environment and is not used to train shared models.

What You Will See in the Recording

• AI Assistant for quick answers, risk spotting, and clause drafting

• Auto-redlines that match the document’s definitions and style

• Term sheet comparison and alignment

• Playbook strategy summary, rules, and fallbacks

• Creating a playbook from your own template in minutes

• How Standards and market data shape better negotiation outcomes

Who This Is For

• In-house counsel and legal ops teams

• Law firms building AI-assisted review

• Anyone defining “what’s market” with data, not guesswork

Try SimpleAI on Your Contracts

See how this works on your NDAs and MSAs. Book a quick session with our team: https://www.simpledocs.com/book-demo?utm_content=webinar

Helpful Resources

• Smarter AI Prompting — Webinar: https://youtu.be/g8obng0E690

• Building AI Contract Review Playbooks — Ebook: https://knowledge.lawinsider.com/building-contract-review-playbooks/

• Explore SimpleAI: https://www.simpledocs.com/simpleai