Contract risks are high on every CEO’s agenda. Risks need assessing on a case by case basis and costs relating to legal services can escalate very quickly.
There is an entire global legal workforce that review contracts, plus another team of professionals and administrators that can be employed to deal with these tasks all at great costs. BUT they cannot check every single contract in seconds and very low cost, only modern AI technology can do this, say hello to EzyAzz.
A non-disclosure agreement, also known as a confidentiality agreement, confidential disclosure agreement, proprietary information agreement or secrecy agreement is a legal-contract or part of a contract between at least two parties that outlines confidential material, knowledge, or information that the parties wish to share with one another for certain purposes, but wish to restrict access to. These types of contracts can be extremely restrictive if used incorrectly. They all need thoroughly checking.
Simple and complex commercial contracts need reviewing by a lawyer specifically a corporate lawyer that specialises in commercial law, which is a division of civil law. Broadly speaking, this area of law focuses on laws and regulations that govern trade, commerce, sales and merchandising, as well as the businesses and individuals who are involved in those activities. This means that at any time reviewing a Commercial Contract requires specific and expensive review. EzyAzz enables you to understand you areas of contract risk on a case by case basis.
These challenges create an environment in which you do not have the expertise to manage these contracts and consequently have to contract in high priced lawyers to help.