SpotDraft logo. Courtesy photo SpotDraft Launches Generative AI-Powered Contract Review Tool, VerifAI
VerifAI looks to stand out by launching as a Microsoft Word add-in and giving users flexibility with contract review guidelines.
October 20, 2023 at 01:45 PM
3 minute read
On Friday, CLM provider SpotDraft announced the launch of a new generative AI-powered contract review tool called VerifAI, which will be free for users in a trial period until Nov. 30.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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