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Introducing Entergence - Click n Draft

The first “Enterprise Intelligence powered Document Authoring Platform” for
                  Law Firms & Corporate Legal Departments

                                        29 May 2012

       © Manthan Legal. All IP rights belong to Manthan Legal. No circulation or further
                     use in any direct or indirect manner is allowed.
Documents and Complexity
     Spend on
     Documents                                                         Number of
                                                                       Documents


 Heavily negotiated                                   Standardized Documents

 Lot of people and hence cost                         Less people
 Lots of time for negotiations                        No negotiations
 Lots of iterations                                   No iterations
 Core structure can change                            No change to core
 Strategic to business                                Document
                                                      Routine to business


Entergence is the only product platform that handles the entire gamut from simple
to complex documents
Entergence focuses on continual
                          learning
                                                                          Human Intervention Effort/Cost
                                                                               Reduction by > 50%
                     Human Intervention Effort/Cost



Systemic                                               Systemic
Intelligence                                           Intelligence




                                                  Tool 2
                                                  Tool 1
                Base Tool Intelligence

                1    2       3      4     5                           1       2       3      4     5
                     Time / Usage                                             Time / Usage

               Current CMS / DMS / ERP                        Entergence is a Learning System
Screen shots
Knowledge tree has exhaustive set of
            components




Every clause has several alternate versions
Compare Alternate Clauses next to
each other on text as well as metadata




                     Compare Text




                    Compare metadata
Drop the apt clause into Word with a
             single click
How do we build knowledge
         trees?
Commercial Loan Agreements
                                               drafted by member C
               Commercial Loan Agreements
                  drafted by member B                                    Commercial Loan Agreements
                                                                            drafted by member D




                                                                                Commercial Loan Agreements
Commercial Loan Agreements                                                         drafted by member E
   drafted by member A

                                       Master Knowledge Tree for
                                    Commercial Loan Agreement (CLA)




            Master Knowledge Tree is a single exhaustive structure of clauses
             and sub-clauses built from scores of Documents of that type.
Manthan Legal services team builds the
            Master Knowledge Trees
                                                               SPA
                                                            SPA ..
SPA                  SPA                SPA              SPA 5
 1                    2                  3                4


           v1              v1                 v1

                v1              v1 v2              v1 v2 v3
                v1              v1                 v1


           v1              v1                 v1    v2

                           v1                 v1

                                              v1


The real human value-add beyond boiler plate
applied by people in your firm is captured
All CLAs in 2010   All CLAs in 2011   All CLAs in 2012       All CLAs in 2013

                                        New clauses added      More clauses added
                                             to tree                 to tree


                         Master              Master                 Master
                        Document            Document               Document
                       Tree for CLA        Tree for CLA           Tree for CLA




                                          Unused clauses
                                         hibernated in tree      Unused clauses
                                                                hibernated in tree


Master Document Tree becomes richer with time with addition of newly used
clauses, while it becomes smarter by eliminating the un-used clause versions.
New CLA drafted by member C
                                             using Master Tree
               New CLA drafted by member B
               using Master Tree                                           New CLA drafted by member
                                                                           D using Master Tree




                                                                                  New CLA drafted by member E
New CLA drafted by member A                                                       using Master Tree
using Master Tree

                                        Master Document Tree for
                                     Commercial Loan Agreement (CLA)




 Master Document Tree will now be the base for any agreement to
 be drafted. Author will have access to enterprise intelligence on
 tap.
Entergence – Dynamic Trees as start
                point         Best template for the
SPA    Exhaustive                                        SPA   user in context
       Tree
                v1                 Filter the Tree by:               v1

                     v1    v2 v3         Risk                             v1
                                      Geography
                     v1                                                   v1
                                     Department
                                   SME Recommend
                v1 v2 v3             Clause Usage                    v1 v2
                                           ..
                v1    v2                   ..                        v1    v2
                                     User set field
                v1                                                   v1

                v1 v2
                                      More relevant start point
Select Filter
                                      each time..save time/effort
Clause analytics for ranking
• Multiple ranking algorithms
  – Usage based (more number of times a clause is used, better ranking it gets)
  – User based (more number of users using a clause, better ranking it gets)
  – Subject Matter recommendation based
  – Risk based
  – Geography specific
  – Department specific



                                                                    Back to Key Concepts
Entergence delivers 20% savings for standard Documents, over 70% savings for complex
Documents                    Standard
                                 Documents


                                                                         Complex
                       $10                                       $4000   Documents
 Current Cost

                  $8    Entergence
                                           $800
                        pushed this line
    Cost with           downwards

   Entergence

                   Cumulative Cost (Tool + People) per
                   Document
 For an organization, for every 1000 Documents, the savings > $0.5million annually
Thank you
For more information, contact

   Piyush Tripathi
   Cell: +91 991.615.8658.
   Dir: +91 806.717.1780.
   Email: piyush.tripathi@manthanlegal.com
   Skype: piyush.legatech

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Entergence

  • 1. Introducing Entergence - Click n Draft The first “Enterprise Intelligence powered Document Authoring Platform” for Law Firms & Corporate Legal Departments 29 May 2012 © Manthan Legal. All IP rights belong to Manthan Legal. No circulation or further use in any direct or indirect manner is allowed.
  • 2. Documents and Complexity Spend on Documents Number of Documents Heavily negotiated Standardized Documents Lot of people and hence cost Less people Lots of time for negotiations No negotiations Lots of iterations No iterations Core structure can change No change to core Strategic to business Document Routine to business Entergence is the only product platform that handles the entire gamut from simple to complex documents
  • 3. Entergence focuses on continual learning Human Intervention Effort/Cost Reduction by > 50% Human Intervention Effort/Cost Systemic Systemic Intelligence Intelligence Tool 2 Tool 1 Base Tool Intelligence 1 2 3 4 5 1 2 3 4 5 Time / Usage Time / Usage Current CMS / DMS / ERP Entergence is a Learning System
  • 5. Knowledge tree has exhaustive set of components Every clause has several alternate versions
  • 6. Compare Alternate Clauses next to each other on text as well as metadata Compare Text Compare metadata
  • 7. Drop the apt clause into Word with a single click
  • 8. How do we build knowledge trees?
  • 9. Commercial Loan Agreements drafted by member C Commercial Loan Agreements drafted by member B Commercial Loan Agreements drafted by member D Commercial Loan Agreements Commercial Loan Agreements drafted by member E drafted by member A Master Knowledge Tree for Commercial Loan Agreement (CLA) Master Knowledge Tree is a single exhaustive structure of clauses and sub-clauses built from scores of Documents of that type.
  • 10. Manthan Legal services team builds the Master Knowledge Trees SPA SPA .. SPA SPA SPA SPA 5 1 2 3 4 v1 v1 v1 v1 v1 v2 v1 v2 v3 v1 v1 v1 v1 v1 v1 v2 v1 v1 v1 The real human value-add beyond boiler plate applied by people in your firm is captured
  • 11. All CLAs in 2010 All CLAs in 2011 All CLAs in 2012 All CLAs in 2013 New clauses added More clauses added to tree to tree Master Master Master Document Document Document Tree for CLA Tree for CLA Tree for CLA Unused clauses hibernated in tree Unused clauses hibernated in tree Master Document Tree becomes richer with time with addition of newly used clauses, while it becomes smarter by eliminating the un-used clause versions.
  • 12. New CLA drafted by member C using Master Tree New CLA drafted by member B using Master Tree New CLA drafted by member D using Master Tree New CLA drafted by member E New CLA drafted by member A using Master Tree using Master Tree Master Document Tree for Commercial Loan Agreement (CLA) Master Document Tree will now be the base for any agreement to be drafted. Author will have access to enterprise intelligence on tap.
  • 13. Entergence – Dynamic Trees as start point Best template for the SPA Exhaustive SPA user in context Tree v1 Filter the Tree by: v1 v1 v2 v3 Risk v1 Geography v1 v1 Department SME Recommend v1 v2 v3 Clause Usage v1 v2 .. v1 v2 .. v1 v2 User set field v1 v1 v1 v2 More relevant start point Select Filter each time..save time/effort
  • 14. Clause analytics for ranking • Multiple ranking algorithms – Usage based (more number of times a clause is used, better ranking it gets) – User based (more number of users using a clause, better ranking it gets) – Subject Matter recommendation based – Risk based – Geography specific – Department specific Back to Key Concepts
  • 15. Entergence delivers 20% savings for standard Documents, over 70% savings for complex Documents Standard Documents Complex $10 $4000 Documents Current Cost $8 Entergence $800 pushed this line Cost with downwards Entergence Cumulative Cost (Tool + People) per Document For an organization, for every 1000 Documents, the savings > $0.5million annually
  • 16. Thank you For more information, contact Piyush Tripathi Cell: +91 991.615.8658. Dir: +91 806.717.1780. Email: piyush.tripathi@manthanlegal.com Skype: piyush.legatech