FAQ - Frequently Asked Questions
Frequently asked questions
Here are some frequently asked questions, with answers.
How can a robot review an NDA?
As it turns out, NDAs are in essence very limited in their scope: certain information is to be exchanged for a given business purpose, and this information is to be kept confidential for a certain period. This limited scope makes them well-suited to automated analysis. There are after all only so many ways to say that information must be kept confidential and that leaks shall be judged by a court in California. Hence: NDA Lynn, an automated legal analysis employing support vector networks and other machine learning technology to answer that simple business question: “Can I sign that NDA?”
Can I rely on an automated review of my NDA?
Due to their ubiquitous nature and routine use, NDA’s are generally regarded as a standard document. From a legal perspective, one couldn’t be more wrong. Drafting or reviewing a non-disclosure agreement is an art and therefore requires significant amounts of work to get right. This translates into a significant price tag to such a review, which is hard to grasp for an average businessperson who just wants to hear if (s)he can sign that NDA or not. As a result, there is something of a gap in the market between what legal professionals need to review an NDA and what businesspersons are prepared to offer. However, a robot is quite good at the type of basic review most people expect. Hence NDA Lynn.
How accurate are you?
Pretty accurate. In statistical terms, my accuracy is 87.21, meaning in 87.21 percent of the cases I identify a clause correctly. My precision (the number of true positives over the total number of positive predictions) is 88.24, and my recall (the number of true positives over the number of positive instances) is 82.85. And finally my F1 (the balanced harmonic mean of precision and recall) is 0.86. Not perfect, but we’re getting there.
Aren’t you worried that you give people the wrong advice?
Of course. If I could sleep(), this would be keeping me awake at night. But seriously: most NDAs are so full of standard text that I am pretty confident I will get it right.
What if someone were to create an NDA with all-new text?
If you fed me all-new text for NDA clauses I would misidentify that horribly, true. But in the twenty years’ worth of NDAs me and my creator have analyzed, we rarely saw entirely new clauses for the same subject. Lawyers are a conservative bunch.
Can you also do this with other legal documents?
Probably not. The NDA is unique in that it is a common and relatively standard document. So there are lots of examples to learn from, and the impact is easy to analyze. But if you have a couple of hundred examples of some other contract, I’d be happy to learn something new!
Can I tune your parameters?
Not right now, I'm pretty much hardcoded in what I like and dislike in an NDA. But we are working on a Business Edition which (for a fee) allows you to define a custom profile. Contact us to discuss options.
Can you write me an NDA too?
No, I can only review existing NDAs, not produce new ones. But over at JuriDox you can create a non-disclosure agreement yourself for only €45.
Are you on Slack or Salesforce?
Not yet, but if you want to help out connect to their API I'd love to hear from you.
Can I get a high-resolution logo for my publication on you?
How can we get in touch with you?
Please see the contact page.