Close Contracts Faster With Every Version in One Place
Contract Intelligence brings every round of negotiation into one place, so teams reach agreement faster and learn from every deal.
The latest redline rarely tells the whole story of a negotiation. It shows what changed since the last draft, but not why earlier terms were accepted or what Legal conceded to get them. That context is scattered across email threads and earlier drafts, so Legal has to retrace past decisions to see whether a new change reopens something they already negotiated.
With the latest updates to Contract Intelligence, the full deal history stays with the contract, so you can assess risk in context and move every contract to signature faster. You can pick up each new round with prior versions and related agreements in view, track progress through to signature, and draw on signed agreements to inform future reviews. Every round builds on the last, and every signed deal strengthens the next.
Pick Up Where the Last Round Left Off
Consider an in-house lawyer negotiating a software vendor’s master services agreement and order form. The vendor returns a new markup after Legal has already agreed to some terms, and the lawyer needs to see what changed and how it compares to what’s already been agreed. If the original reviewer is out, whoever picks up the review needs that same context to keep the deal moving.
Contract Intelligence keeps that history with the contract. It matches the new version to the existing contract and adds it to the overview alongside prior rounds and related agreements. Harvey then reviews the new round in context, accounting for positions Legal already accepted. Any lawyer on the team can go straight to the open points that need their judgment, and decide how to respond with confidence.
Know Where Every Contract Stands
Once the lawyer sends the redline back, the next question is where the deal stands. Across a busy contracting queue, that can mean spending time chasing reviewers or updating a separate spreadsheet to get an answer.
With contract statuses, Legal and Legal Ops can see which agreements are in review, which are waiting on the counterparty, and which are signed. When the business asks for an update, the team has one place to check. When a deadline approaches, they can see which contracts still need attention.
Put Signed Agreements to Work
Once the contract is signed, it goes into your repository where the terms Legal accepted are extracted to inform future reviews.
On the next vendor agreement, Contract Review Agents can draw on those signed positions to inform its redline suggestions, and Legal can see how past negotiations played out when deciding where to hold firm and where there may be room to move. Teams can also ask Harvey direct questions about their agreements, such as “Which vendors pushed back on our data security terms, and what did we accept?”
“The proof is in the name. The intelligence, the data, the insights will drive some great discussions. I had intuition, but I didn't always have the data to back me up. So being able to get that data and discuss it with the business in a way they can relate to is really exciting to me.”
Kelley Williams
Associate GC at Koch
The judgment that goes into a negotiation should keep helping the team after signature. With Contract Intelligence, each review builds on the last so teams reach agreement faster.
Contact your Harvey account manager to learn about early access, or request a demo to see Contract Intelligence in action.
