For attorneys in business-focused practices, whether or not it’s small enterprise formation, massive company purchasers, or in-house counsel, contracts play an infinite position in each day actions. They govern threat, income, and relationships—however managing them effectively nonetheless seems like an uphill climb. At each stage of life, contracts require consideration and maintenance.
Even with CLM (contract lifecycle administration) platforms, you spend an excessive amount of time digging for particulars, monitoring dates, and re-entering the identical knowledge throughout techniques. Thankfully, it’s 2025 and synthetic intelligence is admittedly good at summarizing and extracting info from paperwork. Harmony harnessed cutting-edge instruments to construct an AI-centric system to assist legislation corporations and authorized groups.
Harmony’s AI instruments—AI Extraction and AI Copilot—deserve severe consideration. These instruments provide AI that goes past the merely purposeful. They’re clever and approachable in ways in which save time, ease legal professional burdens, and enhance shopper service.
No legal professional begins with a clean display when drafting a contract for a shopper. Neither ought to we anticipate our contract administration techniques to assist solely on a “going ahead” foundation. A very helpful instrument improves each your current and future state.
Harmony’s AI Extraction analyzes your library of current contracts and retrieves pertinent particulars. As you add contracts to the system, Harmony mechanically pulls out important phrases: events, efficient dates, renewal home windows, termination discover durations, greenback quantities, governing legislation—you identify it.
AI Extraction’s accuracy impresses, even with complicated or multi-party agreements. Importantly, the method is clear. As soon as Harmony extracts the phrases, you may confirm and regulate any fields earlier than finalizing. The result’s a structured dataset from what was beforehand a large number of static paperwork.
What was beforehand folders of Phrase and PDF information, maybe with a “seasoning” of an Excel spreadsheet, sporadically up to date, turns into an organized info system, full with reporting capabilities.
This alone shifts the position of a authorized operations or in-house counsel staff. As an alternative of sifting by means of folders or e mail threads to reply, “When does this contract renew?” or “What’s the cost obligation?” you merely search or filter. You may even generate studies exhibiting all contracts with 60-day renewal phrases or combination your publicity primarily based on settlement worth.
Harmony’s AI Copilot: Authorized Perception on Demand
Then there’s AI Copilot, Harmony’s new conversational assistant. Consider it as a chatbot in your contracts—one with precise area relevance and pace. Open any contract in Harmony, activate the Copilot, and you may ask plain-language questions like:
- “What are the important thing obligations of every occasion?”
- “When does this settlement renew?”
- “Are there any indemnification clauses?”
Copilot responds immediately with context-aware solutions. It highlights related language within the doc and sometimes consists of useful summaries.
Crucially, Copilot isn’t changing the legal professional’s authorized evaluation. Relatively, Copilot helps the legal professional carry out that evaluation in a manner that’s each faster and extra thorough than earlier than.
Copilot doesn’t try to ‘substitute’ authorized interpretation—it enhances it. Copilot helps you get oriented sooner, spot pink flags earlier, and cut back context-switching throughout contract critiques.
In that position, Copilot improves first-pass critiques for routine agreements or serves as a triage instrument for busy in-house groups.
All the pieces in Harmony’s toolbox, from the AI triggers to the assessment interface, is constructed with precise authorized workflows in thoughts—minimal clicks, clear audit trails, simple override controls. AI Extraction and Copilot redefine a lawyer’s contract stack. These instruments each make current processes sooner and change what’s doable.
Getting Began with AI-powered Contract Administration
If you happen to’re uninterested in watching Excel trackers or re-reviewing PDFs for dates you’ve seen thrice already, Harmony’s AI options are value severe consideration. They received’t write your contracts for you—and that’s a very good factor. However they are going to allow you to spend extra time on authorized considering and fewer time on administrative grind. Go to Concord’s website to schedule a dialog.
Final up to date August fifth, 2025