360 Business Law launches AI contract review for telecoms
360 Business Law has launched an AI-driven contract review service for telecoms clients, saying it can cut review times by up to 70%.
Aimed at enterprise customers in the telecoms sector, including resellers and mobile virtual network operators, the service covers contracts such as non-disclosure agreements, supplier agreements and customer-facing master services agreements.
The platform reviews contracts against telecoms-focused legal playbooks, flagging legal and commercial risks, departures from preferred terms and proposed amendments. Developed by lawyers with backgrounds at Magic Circle and Silver Circle firms, the playbooks are intended to reflect the UK telecoms regulatory and commercial environment.
Clients typically see contract review times fall by about 30% to 40% when using the service with its Word plugin, according to 360 Business Law. The company added that tailoring playbooks with clients can raise those gains to between 60% and 70% over time.
The launch targets a part of the market where legal and commercial teams often handle large volumes of contracts, from routine NDAs to more complex buy-side and sell-side master services agreements. Those workloads can slow deal execution and lead to inconsistent approaches to risk review, particularly when internal legal teams are stretched.
Pricing model
The service is sold on a per-contract basis rather than through a retainer. Pricing is GBP £13.65 for each NDA and GBP £68.13 for each master services agreement, regardless of length or complexity.
Alongside the software, the business is offering access to telecoms lawyers to help clients manage peak periods such as month-end, quarter-end and year-end workloads, as well as staff absences and shortages of specialist resource. It said those lawyers have an average of 12 to 15 years' post-qualification experience and are available at GBP £195.64 per hour, with lower rates for subscribed clients.
360 Business Law is also expanding its sector-specific playbooks to cover other parts of the communications market, including internet service providers, unified communications providers, managed service providers and wholesale carriers.
Legal technology providers have increasingly focused on contract review as corporate legal departments look to manage heavier workloads without adding staff. In sectors such as telecoms, where supplier, wholesale and customer contracts can be both numerous and heavily negotiated, automation tools are being marketed as a way to improve consistency as well as speed.
360 Business Law operates within 360 Law Group, established in 2014. The group includes 360 Business Law, described as its unregulated international practice, and 360 Law Services, its Solicitors Regulation Authority-regulated law firm in England and Wales.
The wider group says it has more than 700 lawyers across more than 100 jurisdictions, including more than 115 solicitors in its regulated England and Wales practice. It provides legal services across major practice areas except criminal law.
Robert Taylor, Chief Executive Officer & General Counsel at 360 Business Law, said: "Telecoms businesses operate in a fast-moving, high-volume contractual environment where speed, consistency and commercial clarity are essential. Our AI Contract Review Service is designed to deliver all three, enabling organisations to accelerate deal cycles, strengthen risk management and realise meaningful cost savings, often in the tens of thousands of pounds annually, while maintaining the highest standards of legal rigour."