Articles from Summize

Summize, a leader in contract lifecycle management (CLM) solutions, today announced the launch of its next-generation CLM platform. The enhanced solution introduces agentic AI with Summize Intelligent Agents (SIA), giving in-house legal teams powerful new ways to review contracts, improve redline accuracy, and surface actionable summaries faster than ever before.

Summize, a leader in contract lifecycle management (CLM) solutions, today unveiled the findings of its Legal Disruptors 2025 Report, with 77% of respondents saying the legal function is evolving. Of the survey of more than 250 U.S. legal professionals, 55% cited compliance and regulatory issues as key drivers of the transformation. Top 2025 priorities include artificial intelligence (AI) adoption and usage, streamlining contract management, and building the legal brand.

Summize today announced its newest Contract Lifecycle Management (CLM) advancement for in-house legal teams to use AI Redlining within contract drafting and review. The Summize AI Redlining solution uses a unique rulebooks approach that provides automated redlining within Microsoft Word to help legal professionals eliminate repetitive contract management tasks and prioritize more strategic initiatives.

Summize today announced record performance figures for its latest fiscal year, ending June 30, 2024. For the fourth consecutive year, the company achieved more than 100% growth in net Annual Recurring Revenue (ARR) and doubled its customer base worldwide. The momentum reflects the simplicity of Summize’s modern approach to Contract Lifecycle Management (CLM) that everyone in the business can easily use.