In-House Legal Productivity Soars with Axiom’s AI

Growing numbers of global companies are jump-starting their use of legal AI and reaping dramatic performance gains and cost savings through Axiom's AI Tech+Talent solution. This turnkey approach combines AI-empowered attorneys with cutting-edge legal AI technology, enabling clients to achieve productivity gains of up to 75% and nearly $500,000 in direct cost savings on individual projects.

Since its February launch, AI Tech+Talent has been deployed across dozens of client engagements, including Fortune 500 companies in technology, manufacturing, healthcare, and financial services sectors. These in-house legal teams report significant reductions in legal project timelines and spend across contract management, M&A due diligence, and compliance activities. Complex legal projects are completed in days rather than months while maintaining quality and security standards.

"Our ability to empower our lawyers with cutting-edge AI technology while providing the human expertise clients need is what's driving these remarkable results," said Sara Morgan, Chief Revenue Officer at Axiom. "There's no faster way to reap the benefits of legal AI than with Axiom's AI Tech+Talent. The ability to rapidly deploy AI-empowered legal teams at scale, backed by proven methodologies, generative legal AI experts, and enterprise-grade security, gives in-house teams the fastest path to time and budget relief—helping legal accelerate their path to becoming a true value creator."

Axiom's AI Tech+Talent delivers measurable impact and ROI for enterprise legal teams across diverse engagements, including:

• Helping a global medical equipment manufacturer upload and tag 500+ contracts into a new contract management system in just one week, compared to an estimated three months using traditional methods, while extracting 10-15 data points from each agreement.
  
• Enabling a multinational food company to analyse nearly 16,000 legacy contracts for change-in-control provisions ahead of a significant transaction, delivering approximately $500k in cost savings versus non-AI-enabled approaches.
  
• Assisting multiple Fortune 500 companies in speeding contract review and negotiation processes, achieving 40%-60% efficiency gains through AI-enhanced summarisation, issue spotting, redlining, drafting, and template creation.
  
• Supporting diligence activities for multiple M&A transactions by rapidly extracting critical contract metadata and identifying key risk factors, enabling faster decision-making and reducing transaction timelines.
  
• Streamlining compliance reviews by analysing thousands of agreements against new regulatory requirements, helping clients proactively identify and remediate potential issues faster than ever before possible.

With the legal AI landscape evolving rapidly, Axiom's comprehensive AI Tech+Talent approach helps clients navigate complexity by combining the best of both worlds: advanced AI capabilities with expert legal talent who know how to deploy these tools effectively. This talent-driven approach ensures effective knowledge transfer to client teams while maintaining accuracy and security protocols.

Axiom's AI-empowered lawyers and legal professionals currently integrate two crucial AI capabilities that address the most time-intensive legal tasks:

• Contract Review & Analysis with Legora: Enables rapid extraction of information from high-volume contract sets, delivering up to 75%+ efficiency gains for due diligence, compliance reviews, and risk assessment activities.
  
• Contract Negotiation with DraftPilot : Accelerates key contracting tasks up to 60%, including summarisation, playbook creation, issue spotting, and redline drafting, with dramatic efficiency improvements while enhancing work product quality.

"The convergence of AI and legal expertise is creating unprecedented opportunities to deliver value," said CJ Saretto, Axiom's Chief Technology Officer. "By handling routine tasks and accelerating analysis and output, AI frees in-house teams and our lawyers to focus on high-value strategic work where human expertise is irreplaceable. The result is better outcomes for clients at a fraction of the traditional cost and time commitment."