Spellbook, the company that introduced the first generative AI copilot for contract drafting and review in 2022, and that last August launched a sophisticated AI agent for law capable of planning and executing complex, multi-step workflows, today rolled out Playbooks, a contract-review feature designed for in-house teams working in corporate legal departments. 

“We created Playbooks to enable legal teams to codify their negotiation approach so that AI can negotiate documents the same way their GC would, using preferred language and fallback positions,” Spellbook cofounder and CEO Scott Stevenson says in a blog post published today.

In-house legal teams can now manage large volumes of high-stakes contracts where precision and efficiency are critical. Playbooks helps them tackle their review queue up to 10x faster.”

Until last year, Spellbook’s product had primarily been used by law firms. But over the past year, it worked with over 160 in-house teams — including at Nestlé, Crocs, Fender, BDO Unibank, and WSP Global Consulting — to develop this new feature.

“We found that in-house teams were wasting time reviewing the same types of contracts over and over using the same standards,” Stevenson says. “And existing AI contract review solutions gave them too much variability when they wanted personalized, consistent results to support a high volume of deals.”

The new feature can also be used by law firms to develop gold standards across client contract reviews based on their specific needs, Stevenson says.

Playbooks enables a legal team to codify its contract review process, instantly running its rules against contracts. The product is being released with 12 common rule sets, but users can build their own rule sets, either from scratch or using AI.

When Playbook’s rules are run against a contract, the provisions will either pass or fail. To fix issues it finds, it will suggest both AI-generated solutions and your preferred language.

Playbooks enables users to set a list of pre-set questions which will be automatically answered, with citations, when the user runs the playbook.

The new feature is live today for all Spellbook customers. Others can sign up for a seven day free trial.

Photo of Bob Ambrogi Bob Ambrogi

Bob is a lawyer, veteran legal journalist, and award-winning blogger and podcaster. In 2011, he was named to the inaugural Fastcase 50, honoring “the law’s smartest, most courageous innovators, techies, visionaries and leaders.” Earlier in his career, he was editor-in-chief of several legal publications, including The National Law Journal, and editorial director of ALM’s Litigation Services Division.