How Axiom Legal reduced contract review time by 75% with Novera
A leading legal operations platform managing M&A contracts for Fortune 500 companies eliminated bottlenecks and tripled deal capacity without expanding headcount.
Axiom Legal was drowning in M&A contracts during their busiest quarter. Their team of 12 paralegals was spending 40+ hours per week on manual contract review, creating a bottleneck that delayed deal closures by weeks.
The legal ops team implemented Novera's AI-powered contract analysis across their entire M&A pipeline. Contracts are now automatically scanned for risk clauses, non-standard terms, and compliance issues before human review.
Contract review time dropped from 8 hours per contract to 90 minutes. The team now processes 3x more deals with the same headcount, and deal closure timelines improved by 60%.
"Before Novera, we were constantly playing catch-up. Now our paralegals focus on high-value analysis instead of reading contracts line-by-line. It's transformed how we operate."
Company
Axiom Legal
About
Axiom Legal provides enterprise legal operations services to Fortune 500 companies, specializing in contract lifecycle management and M&A support.
Website
Industry
Enterprise Legal Operations
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