Microsystems Releases EagleEye to Automate Legal Document Drafting and Review and Reduce Risks Associated with Content Ambiguity
Downers Grove, IL – August 7, 2012 – Microsystems, a leading provider of software and services that drive document quality, production efficiency and risk mitigation, announces the release of a new software product to enhance the legal agreement drafting and review process. Designed with transaction lawyers in mind, EagleEye–THE Agreement Checker automates the review of defined terms, inconsistent phrases, references and punctuation across legal agreements of all sizes to ensure completeness, accuracy, consistency and lack of ambiguity during all stages of the document preparation, exchange and review cycle.
"As a result of increased environmental pressures and challenges, Microsystems developed EagleEye to address the quality, efficiency and risk management needs of transaction lawyers," said Tom O'Sullivan, CEO of Microsystems.
Using automation, EagleEye reduces the risks associated with inaccurate or incomplete legal content in order to improve an agreement's enforceability and avoid the risk of disputes. EagleEye can also be used to drive efficiency and profitability, particularly in alternative fee billing arrangements, allowing lawyers more time to focus on legal content instead of proofreading for drafting errors or inconsistencies. "By minimizing the amount of manual review necessary to verify consistency, clarity and lack of ambiguity in legal agreements, lawyers are able to ensure clients receive quality, accurate legal work product more quickly," says O'Sullivan.
For a look at the current state of legal agreement drafting and review practices and the differences between an eyes-only drafting and review process and a technology-enhanced process, read the white paper, Technology Guided Drafting: From Opportunity to Imperative, written by technology consultant and lawyer, Robert Blacksberg.
"As hard as I try, I almost never find 100% of the problems in a document. EagleEye makes me more accurate." – Partner, Chicago Law Firm
About EagleEye
Usability – Used by Partners, Lawyers, Associates, Paralegals and Secretaries in transaction-driven practices and corporate legal departments, EagleEye software uncovers:
- Improperly Defined Terms
- Inconsistent Phrases
- Inconsistent/Invalid References
- Incomplete Items
- Editing Mistakes
- Inconsistent Numbering
EagleEye's intuitive user interface integrates into the Microsoft Word ribbon and can be implemented by lawyers and legal teams without any formal training.
Performance and Flexibility – Highly configurable and portable across all document types, EagleEye has the ability to work on any type of transactional agreement (such as offering memorandums or mergers & acquisitions agreements) as well as non-transactional documents. EagleEye delivers results quickly–regardless of the document's size.
Control – Law firms that employ EagleEye to improve the legal document drafting and review process will benefit from the ability to teach EagleEye how to analyze their agreements based on the user's unique drafting styles. Specifically, users establish patterns (such as how terms are defined) and EagleEye uses these patterns to analyze the agreement.
About Microsystems
Microsystems software and services drive document quality and production efficiency while reducing the risks associated with collaboration. Specifically, DocXtools provides enhanced collaboration and document formatting functionality as well as automation to identify and correct document issues. Using DocXtools, document-intensive organizations can increase the productivity of Microsoft™ Word users and facilitate faster delivery of quality documents.
The patent pending agreement checking solution, EagleEye, improves the drafting and review of legal agreements by providing automation to ensure an agreement's completeness, accuracy, consistency and lack of ambiguity. EagleEye helps lawyers in transaction-driven practices avoid the risk of disputes by confirming that a legal agreement best supports the intended legal position.
Additionally, Microsystems offers 3BClean, a technologically advanced solution that prevents unwanted metadata disclosure from email sent via a mobile device or the desktop. For more information, contact us at , visit www.microsystems.com or call 630.598.1100 (US) or +44(0) 1245 360054 (UK).
