Pincites

What is Pincites?

Pincites is a tool that assists in contract negotiation by adding capacity to legal teams, enabling faster and more consistent reviews of contracts in Microsoft Word. It generates AI-driven redlines and comments tailored to specific business contracts, reduces legal costs, and accelerates contract reviews by detecting high-risk or missing terms and creating custom playbooks aligned with contract specificities. The AI in Pincites learns from precedent contracts and policies, making it efficient from day one.

It offers various functionalities in Microsoft Word, such as redlining contracts faster and more consistently, comparing drafts, highlighting high-risk or missing terms, and providing AI-generated redlines and comments based on specific contracts and business preferences. Pincites aids legal teams by providing instant capacity, allowing for faster and more consistent contract redlining, quick contract turnaround, playbook building, testing, and deployment, clause library provision, and significant savings on legal costs.

Pincites can be used by both enterprise companies and law firms, offering versatility across multiple fields and scales. It learns from precedent contracts and policies to deliver customized results and assists in playbook deployment by facilitating the creation, testing, and deploying of tailor-made playbooks for specific contracts. The tool also offers features like automatic redlining, clause library collaboration, draft comparison, high-risk term detection, and playbook construction assistance.

Who created Pincites?

Pincites was founded by a team including Sona Sulakian, Grey Baker, and Mariam Sulakian. Sona Sulakian is an experienced attorney with a background in transactional law and strategic legal tech consulting. Grey Baker is a serial entrepreneur with experience in tech startups, while Mariam Sulakian has a background in software engineering and product management at tech companies like GitHub and Meta. The company was launched on July 22, 2023, and is backed by investors with significant AI experience.

What is Pincites used for?

• Assists in contract negotiation by adding capacity to legal teams
• Aids in faster and consistent review of contracts in Microsoft Word
• Generates AI-driven redlines and comments tailored to specific business contracts
• Reduces legal costs and accelerates contract reviews
• Detects high-risk or missing terms in contracts
• Helps create custom playbooks aligned with contract specificities
• Uses precedent contracts and policies for learning efficiency
• Offers functionalities in Microsoft Word for redlining contracts
• Aids legal teams by adding instant capacity for faster contract redlining
• Allows building, testing, and deployment of custom playbooks

Who is Pincites for?

• Legal professionals
• In-house legal teams
• Enterprise companies
• Law firms

How to use Pincites?

To use Pincites effectively for contract negotiation, follow these steps:

1. Capacity Enhancement: Pincites adds capacity to legal teams by enabling fast and consistent contract reviews within Microsoft Word. It generates AI-driven redlines and comments tailored to specific contracts, reducing legal costs and accelerating reviews.

2. Microsoft Word Integration: Pincites operates directly within Microsoft Word, allowing users to review contracts, utilize AI-generated redlines, compare drafts, and detect high-risk or missing terms.

3. AI Assistance: The tool aids legal teams by providing instant capacity, faster contract redlining, and AI-generated redlines and comments. It learns from precedent contracts and policies for efficiency from day one.

4. Custom Playbooks: Create custom playbooks aligned with contract specificities, detect high-risk or missing terms, and build, test, and deploy playbooks for effective collaboration.

5. AI Redlines and Comments: Pincites uses AI to generate customized redlines and comments specific to your contracts and business preferences.

6. Reduced Legal Costs: By streamlining contract reviews and learning from precedent contracts, Pincites significantly reduces legal costs for organizations.

7. Versatility: Pincites can be used by both enterprise companies and law firms, showcasing its flexibility and effectiveness across different fields and scales.

8. Learning Capabilities: The tool learns from precedent contracts and policies, enabling it to deliver results customized to your business needs and preferences.

9. Automated Functions: Pincites offers features like automated redlining, clause library collaboration, draft comparison, and playbook deployment for efficient contract management.

By following these steps, you can leverage Pincites to enhance contract negotiation processes, reduce legal costs, and improve overall efficiency in legal operations.