Cloud Contracts 365

A vision of a better future for legal services using AI

Kim decides to invest heavily in legal AI to improve services to technology businesses.

Her goal? To create a solution that would deliver much more than a simple contract template.

It needed to be affordable and fast and secure, and it also needed to serve technology businesses with tailored legal advice that fit their needs.

Microsoft Partner research

Law 365 partnered with Incredible Results, conducting extensive interviews with 50+ prominent Microsoft Partners.

Feedback revealed many were only using law firms for the "big" or "risky" contracts, leaving them exposed and vulnerable.

Everyone interviewed knew they shouldn't be cutting corners, using free templates and reusing old contracts, but lacked the resources to do contract management properly.

Top requirement? To serve technology businesses

Artificial Intelligence seemed an obvious choice because it excels at dull, repetitive tasks, working tirelessly and meticulously 24/7. But that alone wasn't enough…

The problem

Large Language Models (LLM) such as Chat GPT are only as accurate as their source – the internet. Their quality can be diluted by poor information.

The solution

Law 365 would need to train their own legal tech to using AI, Machine Learning (ML) and, to guarantee quality and accuracy, Natural Language Processing (NLP).

LawyerBot Proof of Concept

The first step was to create the proof of concept.

The tool would review a Non-Disclosure Agreement (NDA) and generate a risk score, showing you where the risk was in the contract and offering solutions.

It was called LawyerBot and when it was introduced to Law 365's clients, they loved it!

The Dream Team

With success in sight and the next step was securing funding.

Law 365 applied to Innovate UK and won a substantial grant, making it possible to hire the team to bring the vision to life.

With another technical architect, UX/UI designer and NLP data scientists on board, work began in earnest.

Many hours of technical development and many hours of work with the Law 365 lawyers went into training the tool to work for technology businesses.

Cloud Contracts 365: Everything under one roof

The perfect solution for technology businesses – contract creation, contract review and contract management with the ability to sign electronically — all the essential contract tools you need under one roof.

We hope you enjoy using the contract tools that we have created for you, using AI and machine learning plus, importantly, the brain power and experience of our lawyers and tech specialists.

Cloud Contracts 365 Launches

After years of research, design and development, the first iteration of the app hits the market with a flying start.

This is MVP and the first step in to vision to democratising legal for technology businesses and saving the world one contract at a time.

Cloud Contracts 365 wins the 'Oscars'

After a year filled with nominations, awards ceremonies and trophies, Kim and her team pick up 'Best Innovation in Legal Services' at the Legal technology awards in London. Whilst this is not the actual Oscars, this is the closest thing to it for legal technology and a real nod to the innovative change that Cloud Contracts 365 is bringing to the technology sector.

"I was totally blown away with the award, but this really is testament to the hard work and drive that we have as a team to help business grow safely" Kim Simmonds - CEO

New Year, New Look

With the successful launch and first year out of the way its time for a refresh. After a full user experience review for usability and accessibility, we have undergone a huge revamp of the app to make things even better for our clients.

The new app will launch in early Q2 and will bring with it a whole new raft of templates to add even more value than it already does.

Watch this space!