Risk levels provide clear and rapid insight into the most critical aspects during contract reviews as well as in negociated contracts.
Risk Levels
Requirements are assigned one of three risk levels: high, medium, or low.
Here's how the initial risk levels are assessed to requirements:
Best Practice Requirements: Legartis Legal Engineers assess the risk levels for all default best practice requirements.
Individual Customer Requirements: The AI applies the knowledge learned from the best practice assessments to a customer’s individual requirements, ensuring a tailored and private risk assessment for every user. The risk levels of customers' requirements can be adjusted manually.
Data Privacy of Risk Assessment
Risk level assessments are entirely private and specific to each customer and are not shared between customers (with the exception of Legartis best practice requirements).