Ironclad for Collaboration and Negotiation
Ironclad Editor is the first collaboration and negotiation tool designed to help legal teams manage the contract redlining and revision process in one place—without forcing counterparties to do the same. Edit, comment on, and track changes in DOCX files while staying connected to your colleagues.
STREAMLINE CONTRACT REVIEW
Redline and edit contracts more efficiently
Traditionally, contract management tools have forced users to choose between basic in-browser editing and desktop plugins. In-browser editors haven’t allowed users to work on DOCX files, and desktop plug-ins have siloed users within Microsoft Word. With Ironclad Editor, you get the best of both worlds: a DOCX-native experience and the ability to collaborate with colleagues in a shared platform.
LEVERAGE INTERNAL EXPERTISE
Loop in colleagues for contract review
With @mentions and internal comments, you can loop in colleagues for their opinion in a matter of seconds. Without Ironclad, bringing in a colleague would require saving a document, attaching it to an email, and waiting for their response. And because you’re bringing your colleagues into workflows, you can be sure that they’ll always be looking at the latest version of a contract—not a version you emailed them a week ago.
ACCELERATE CONTRACT REVIEW
Accept/reject tracked changes
Ironclad allows you to accept and reject tracked changes made by counterparties with a few clicks. When you’re done, you can email a DOCX copy to your counterparty directly from within Ironclad. Less time chasing down files on your desktop and in your cloud storage means more time focusing on your team’s legal priorities.
Empower negotiations at scale
Preserve your leverage, standardize clause substitutions, and accelerate your negotiations with Playbooks: the only tool that allows legal teams to embed negotiation guides directly in their contracting workflow. Educate and empower your team by building out a guide for negotiating agreements. Quickly surface and apply language that protects your leverage while streamlining review cycles with your counterparty. Playbooks is simple to manage and update, allowing legal teams to improve the Playbook based on negotiation feedback and contract outcomes.
With Ironclad, you don’t have to review the same contract multiple times with different people. Ironclad facilitates the signatures, the review process, the redlining , and negotiating — it really is seamless.
— Elyssa Dunleavy, Assistant Vice President, Advertising Counsel, L’Oréal USA