Overview

Crosby is a digital legal tool designed to execute contracts quickly by combining Artificial Intelligence (AI) with legal expertise. Using this platform, businesses can automate the review of contracts such as Master Service Agreements (MSAs), Data Processing Agreements (DPAs), and Non-Disclosure Agreements (NDAs).

Viability of Crosby lies in its striking balance between speed and precision, as it employs AI for swift processing and involves domain-specialized lawyers for comprehensive contract scrutiny thereby ensuring maximum accountability.

Crosby's service provision includes an element of bespoke customer care: it adapts to each individual business, learning their operations and behavior to better provide precise service in the future.

Crosby also aids in facilitating terms negotiation by collating market data from numerous deals, which can be leveraged to reach more favorable agreements terms.

This tool can be seamlessly integrated into existing workflows via platforms like Slack, email, and CRM. Crosby's main emphasis is on enhancing the legal aspects of business by making contract review fast, efficient, and less cumbersome, thus helping companies to close deals faster and enhance the productivity of their sales teams.

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June 17, 2025

Initial release of Crosby.

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Pros and Cons

Pros

Swift contract processing

Lawyer-assisted reviews

Specialized in MSAs, DPAs, NDAs

Adapts to business operations

Learns business behavior

Terms negotiation assistance

Market data leverage

Seamless integration with Slack, email, CRM

Enhances sales productivity

Fast contract review

Efficient contract processing

Fixed rates pricing

Agents analyzing, clarifying, drafting responses

Expert judgment on tricky issues

Aggregates benchmarks from numerous deals

Knowledge Agents storing business info

Service provision adapts individually

Digital execution of contracts

Automation for contract review

No overages, no redline roulette

Backlog prevention

Four hours review guarantee

Built-in negotiation support using market data

Involves domain-specialized lawyers

Maximum accountability

Personalized customer care

Bespoke service provision

Can return redlines same day

Can handle high-volume sales contracts

Reduces contract processing bottlenecks

Contracts' benchmark data for negotiation

Precise future service based on learning

Built-in contracts benchmark data

Reduces pipeline clogging

Increase in deal closing speed

Domain expertise legal assistance

Helps scale GTM without scaling legal

ROI with Crosby immediate

Speed up redlines by 80%

Expert legal judgment on all issues

View 35 more pros

Cons

Limited types of contracts handled

Dependent on domain-specialized lawyers

Potential delays due to lawyer's involvement

Lack of standalone functionality

Focused only on contract review

Limited integration platforms

Requires continuous learning of operations

Precision versus speed trade-off

Lawyer availability constraints

Variable processing times

View 5 more cons

Q&A

What is Crosby's main function?

Crosby's main function is to execute contracts quickly. It achieves this by combining AI with legal expertise to automate contract review.

How does Crosby use AI for contract reviews?

Crosby uses AI to swiftly process contracts, analyze their content, and clarify or draft responses. AI agents are employed to do the initial analysis, factoring in market terms and client information, while later stages involve human legal judgment.

What types of contracts can Crosby handle?

Crosby can handle a variety of contracts including Master Service Agreements (MSAs), Data Processing Agreements (DPAs), Non-Disclosure Agreements (NDAs), Business Associate Agreements (BAAs), Statement of Works (SOWs), order forms, terms of service, evaluation agreements, pilot agreements and other high-volume sales contracts.

How can Crosby benefit my business specifically?

Crosby can significantly quicken your contract review and execution process, help negotiate better agreement terms using market data, and can be integrated into existing workflows enhancing overall efficiency. These capabilities could quicken your time to revenue, scale your operations without requiring proportional legal scaling, and enable same-day return of redlines to customers.

What is the role of domain-specialized lawyers in Crosby's contract review process?

Domain-specialized lawyers in Crosby play a crucial role in ensuring the accuracy of contract review. While AI is responsible for initial analysis and drafting responses, lawyers make the final judgment on trickier issues and verify the correctness of the AI tool's output.

How does Crosby learn a particular business's operations?

Crosby learns a business's operations by acting as a member of the team and storing pertinent information via Knowledge Agents. This allows Crosby to answer client queries without needing constant input from the business.

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Is Crosby capable of negotiating terms based on market data from other deals?

Yes, Crosby can facilitate the negotiation of terms by amassing market data from a multitude of deals. This benchmark data can be utilized to negotiate more favorable contract conditions.

How can Crosby be integrated into existing workflows?

Crosby can be integrated into existing workflows through different platforms. It's as easy as sending a Slack message, email, or triggering a CRM action, making it adaptable to multiple working environments.

Can Crosby really review a contract in under an hour?

Yes, Crosby can indeed review a contract in under an hour. While the exact time frame depends on the nature of the contract, Crosby assures that all reviews will be completed in four hours at the very most, with many done within minutes.

How is Crosby different to a traditional law firm?

Crosby differs from a traditional law firm in its operation model. Crosby combines a traditional law firm's legal power with AI technology to deliver the same service faster and cheaper. The service avoids overages, redline roulette, and chasing, which are typical in traditional legal service delivery.

Is the contract review process completely automated or is there human intervention involved?

The contract review process in Crosby is a collaborative effort between AI and human lawyers. While AI agents conduct initial analysis and draft responses, human lawyers are always in the loop, weighing in on complex issues and verifying the accuracy of the AI's work.

What platforms can Crosby seamlessly integrate with?

Crosby can integrate with various platforms including Slack, email, and Customer Relationship Management (CRM) software for seamless workflow integration.

How does Crosby enhance sales productivity?

Crosby enhances sales productivity by making contract review efficient and less burdensome, allowing your sales team to close deals faster. It helps return redlines to customers the same day and provides rapid response on legal queries.

Does Crosby provide customer care tailored for each business?

Yes, Crosby provides customer care tailored for each business. It learns each company's operations and behavior to better serve them in the future, ensuring a bespoke service.

How does Crosby handle Master Service Agreements?

Crosby handles Master Service Agreements through its AI and human judgment process, analyzing the contract terms, drafting responses, and including pertinent market data and client information. Human legal experts guarantee the accuracy of the AI's processing.

Can Crosby be used for Non-Disclosure Agreement review?

Yes, Crosby can be used for Non-Disclosure Agreement (NDA) review. Its system rapidly analyzes the NDA contents and drafts responses, with domain-specialized lawyers ensuring the accuracy of the result.

How does Crosby process Data Processing Agreements?

Crosby processes Data Processing Agreements by leveraging AI for a quick initial analysis. Clarifications and drafted responses are added in, which include market terms and client information. Lawyers then review every contract for maximum accountability.

How does Crosby adapt to each individual business?

Crosby adapts to each individual business through continual learning. Acting as a member of your team, it stores business information and learns from ongoing operations and behaviour to offer the most precise service in the future.

Can Crosby modify its services based on the behavior and operations of a business?

Yes, Crosby adjusts its services based on the behavior and operations of individual businesses. It learns business operations, stores pertinent information, and tailors its responses and service accordingly.

Does Crosby provide assistance in the negotiation of contract terms?

Yes, Crosby does assist with contract term negotiation. Leveraging market data from a number of deals, Crosby provides aggregated benchmarks that can be used to negotiate better terms in agreements.

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