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BetterLegal Assistant is a versatile tool designed to streamline the contract review process for a broad range of professionals, offering detailed analysis in just a few minutes at a fraction of traditional legal fees. Trusted by over a thousand users and benefiting over 16,000 businesses, it features a six-step process that includes information extraction, legality verification, clause fairness assessment, potential negative impact identification, negotiation advice, and practical adjustments. While it translates complex legal jargon into simple language and covers a variety of use cases from freelancers to startup founders, it's important to note its limitations, including the inability to provide specific legal advice or guarantee complete accuracy.
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Quick extraction of key contract elements like parties, definitions, dollar amounts, and timelines
Verification of contract legality
Assessment of clause fairness
Identification of potential negative impacts
Negotiation advice
Suggestions for practical adjustments
Translation of complex legal jargon into simple language
Quick explanations of legal text
Identification of key clauses and terms
General assistance with understanding contracts and privacy policies
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