What if you had a co-worker that you could ask any question and have it answered in moments, without leaving your workflow?

That’s Ivo Assistant.

Ivo Assistant is a true legal partner, a smart associate that can help you with so many different kinds of legal tasks right where your work is done. Tasks that would have taken you hours or even days to do before Ivo now can take minutes or sometimes even seconds. 

It offers real-time collaboration in both our Ivo Contract Review for Microsoft Word and Ivo Repository products. 

You can use plain-language prompts to redline, revise, and explain clauses while reviewing contracts, and you can also use it to ask questions of your contracts, such as 

“Which contracts auto-renew in Q3?” or “Where are we missing liability caps?” and get instant insights, risk flags, and patterns across your agreements.

We often hear from customers about how much they like being able to get instant answers from their contracts, and that questions that might have taken days to answer now become trivially easy. We heard from one general counsel that a particular question took her five hours to answer using her CLM. Now, with Ivo Assistant in Repository, answering that same question takes just seconds. 

How to prompt Ivo Assistant in Repository 

If you could ask your contracts anything, and get the answers you needed quickly, what would you ask? Assistant in Repository is a powerful tool that allows you to get all kinds of information about your contracts that could help every department in your business. The marketing team might want to know which customers have given you logo rights to use marketing materials, or the customer success team might want a table summarizing which customer contracts are up for renewal in the current year by month. Assistant makes answering those questions extremely simple.

But it can also do so much more. As always, when prompting Assistant, we suggest that you make your prompts as precise and specific as possible. Here are a few suggested prompts our customers have used to obtain useful information:

  • Show me every indemnification clause we’ve agreed to with [customer] in the past three years.
  • Have I agreed to similar termination provisions in the past year? 
  • Redline this termination provision to bring it in line with the [another customer] agreement.
  • Show all data-processing addenda linked to [this customer’s] agreements.

This particular set of prompts deals with a situation familiar to every attorney. You're reviewing terms and you know you've seen this language before, possibly even agreed to something similar, but you can't quite remember which agreement or which counterparty. With Assistant, finding the answer is as straightforward as asking the question.

‍Schedule a demo if you’d like to see how Assistant could work within your workflow. Happy prompting!