Microsoft Scenario Library Legal Quicker contract review (Microsoft 365 Copilot)

Available with: Microsoft 365 Copilot

Legal scenario: Quicker contract review (Microsoft 365 Copilot)

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Scenario

Using Copilot for quicker contract review

Review contracts and compare clauses to standard terms.

1. Summarize email conversation

Have Copilot summarize an email thread about a memorandum of understanding (MOU) Use the references to jump to the email to gain more context.​

Microsoft Copilot icon

Microsoft 365 Copilot Chat2

Benefit: Save time reviewing long email threads to pull out the essential information.

Ask Copilot in Outlook to respond to the email with a few suggestions for updates to the MOU and then ask the contact to submit the MOU to the legal review platform.

Outlook icon

Copilot in Outlook

Benefit: Copilot will draft a professional email with the necessary details including links to the legal review platform for submissions from only a few bullet points.

Ask Copilot for specific details from a complex contract document such as the duration or payment terms. Then summarize key contract terms. Use the links to get additional details and speed the review​.

Microsoft Copilot icon

Microsoft 365 Copilot Chat2

Benefit: Speed a contract review by asking Copilot to search for the information you need and then jumping right to the specific areas needing further review.

Ask Copilot in Word to compare two agreements and list the results in a table and include areas addressed in one agreement and not the other.​

Word icon

Copilot in Word

Benefit: Copilot can compare key legal positions even if you don’t provide specific areas and lay out differences and potential missing provisions.

Use the Recap to understand the key items discussed on the meeting and then ask Copilot in Teams to create a meeting report with a list of all the contract updates required. ​

Microsoft Teams icon

Copilot in Teams

Benefit: Create a set of formal meeting minutes for client records in a format that you specify with items such as an attendance list, action items, disagreements, and key points.

Ask Copilot in Teams to create a brief for the legal counsel to use when meeting with the vendor to finalize the contract.

Microsoft Teams icon

Copilot in Teams

Benefit: Prepare for a client meeting by asking Copilot to summarize existing relationships and recent interactions.

KPIs

Opportunity to impact key functional area KPIs

How Microsoft Copilot can help reduce average document review times

Microsoft Copilot can help with lowering review times which in turn leads to increased attorney productivity and higher client satisfaction rates.
Optimizing Legal Workflows​
  • Lower time spent on administrative tasks​
  • Find knowledge and take action​
  • Efficiently draft and format documents​
  • Swiftly scan and summarize documents​

How Microsoft Copilot can help reduce spending

Legal teams can use Copilot to automate routine tasks to improve productivity, expedite processes, and increase client satisfaction. By improving these metrics, legal teams can bring work in-house and become less reliant on outside legal counsel assistance.​
Optimizing Legal Workflows​
  • Reduce time spent on administrative tasks​
  • Find knowledge and take action​
  • Efficiently draft and format documents​
  • Swiftly scan and summarize documents​

How Microsoft Copilot can help to drive efficiencies in regulatory work and compliance

Copilot can significantly enhance efficiencies and scalability in complex regulatory work. By summarizing regulations, streamlining analysis, and providing actionable insights, it empowers legal teams to stay ahead of the curve.
Assessing regulations
  • Summarizes new regulations
  • Provides gap analysis with organization policies
  • Researches relevant external information
  • Identifies possible risk mitigation strategies

How Microsoft Copilot can help streamline transactional processes

Copilot can increase efficiency, understanding, and consistency of contract reviews for increased velocity and better decision making.
Advancing review
  • Summarize complex documents
  • Extract key clauses and terms
  • Highlight sections needing closer examination
  • Generate faster first drafts of contracts

The content in this example scenario is for demonstration purposes only. You should evaluate how Copilot aligns with your organization’s business processes, regulatory requirements, and responsible AI principles.