Cvent's Legal Team Reviews 360 M&A Contracts in Minutes with AI Contract Review

During one of its most significant M&A transactions, Cvent's in-house legal team faced a compressed deal timetable requiring rapid review of 360 contracts to identify obligations, risks, and integration issues. Manual analysis of that volume of agreements risked slowing decision-making at a critical stage of the deal.

Cvent's legal operations team used Kira, Litera's contract review software, to analyze the full set of acquisition-related agreements. The system was used not just to extract contract terms but to support broader deal discussions on integration planning and risk assessment.

The team was able to review all 360 contracts in minutes, giving decision-makers timely insight into commercial terms, change-of-control clauses, and other commitments. Cvent credited the tool with enabling it to complete the transaction successfully within the required timeline.

• Contract intelligence software can compress due diligence review of hundreds of agreements down to minutes, freeing legal teams to focus on advising on deal strategy rather than manual document review.
• In-house legal teams are increasingly expected to deliver commercial insight, not just legal review, during high-pressure transactions like M&A.