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Lawyers spend too much time during contract negotiations on administrative tasks to get parties to a ﬁnal agreement.
CreateiQ helps automate all stages of this process, from creating an initial draft to the negotiation and redrafting of provisions and finally, the execution of the contract.
CreateiQ users spend more time on higher value work, their contracts are agreed faster and with a completely accurate audit trail every time.
Estimated loss of revenue due to ineffective contract management
Number of organisations who find it difficult or impossible to run reports on key contractual terms
Potential improvement in compliance through document digitisation
It’s not just the contracting process that is improved. CreateiQ enables companies to surface, extract and use their legal data – something not previously possible, until now.
Whether it’s automating post-completion items after signing, generating reports that summarise key terms in corporate contracts or any other data-driven exercise – CreateiQ makes it happen.
CreateiQ is a completely unique legaltech proposition. It has been developed in-house by Linklaters > Nakhoda, the internal start-up of one of the world’s leading law ﬁrms. The team of legal engineers, product managers, developers and designers has unfettered access to the legal insight and expertise of magic circle lawyers and the practical insights into what in-house lawyers and companies need.
CreateiQ is a contracting solution from one of the most trusted legal ﬁrms in the world, but at scale.
Katherine Tew Darras, General Counsel, ISDA
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