CLM pioneer ContractPodAi has launched a marketplace where clients can access custom-made AI apps – which could include agentic tools – for specific legal workflows, e.g. to tackle DORA (the new EU financial regulation). The system, called Leah Marketplace already has AI tools on offer from PwC, ALSP Integreon, and ContractPodAi (CPAI).
The company said that as well as PwC they have worked with KPMG ‘to create domain-specific solutions tailored to evolving legal and compliance needs. Alternative Legal Service Providers (ALSPs) such as Integreon also play a pivotal role, contributing industry-specific tools that address complex challenges faced by modern enterprises’.
Atena Reyhani (pictured), Chief Product Officer at CPAI said: ‘Leah Marketplace…is making advanced solutions universally accessible. By fostering collaboration among industry leaders, legal professionals, and technologists, we are shaping the future of legal innovation alongside our partners.’
(Note: Leah is the company’s genAI assistant – hence the use of the name here.)
Klaus Schmidt, Partner, Leader Tax & Legal Global Alliances at PwC Germany, added: ‘Our partnership with ContractPodAi showcases our commitment to pioneering advancements in legal technology. Through Leah Marketplace, we’ve introduced a suite of GenAI tools, including financial analysis, DORA compliance applications, and tailored regional solutions like Middle East-specific tools, addressing both global and localized challenges.’
While Jeffrey Catanzaro, Principal and Head of Legal Managed Services at KPMG US, concluded: ‘At KPMG, we’re proud to collaborate with ContractPodAi in integrating Leah’s AI-powered capabilities with our proprietary platforms to enhance legal, tax, and compliance functions globally.’
All well and good. And the move comes as Agiloft integrates newly acquired Screens – a playbook builder – into its tech stack, which although operating differently, also allows customers to share their own output, in that case playbooks for contract review.
In short, CLM is going after community building. With community comes ‘stickiness’ and with that is the chance to build long-term relationships – which is really essential if a large-scale CLM implementation is going to be worthwhile.
OK, so what is on offer? Here’s some examples:
All in all, this move makes a lot of sense. How far the marketplace will grow, will depend on customer use of it – and the willingness of CPAI’s partners such as PwC, Integreon, and KPMG to keep developing innovative and useful AI apps.
Of course, others have tried the marketplace approach before, often based around tools founded on more traditional automation or text search. However, perhaps with the ability of genAI to provide more immediate value then CPAI’s project will really catch on and gain momentum.
Either way it’s an important move amid a CLM segment that is very much in a marketshare battle with a range of both old and new entrants.
You can find more information here.
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