Current State of Contract Review

In a recent survey conducted by LegalOn, insights into the realities faced by legal teams were gathered from 286 professionals, including General Counsels, in-house counsels, contract managers, and legal operations experts. The findings revealed that legal teams dedicated an average of 188 working days to contract reviews over the past year. This significant time investment highlights the challenges involved in managing contract workflows efficiently.

Embracing AI in the Legal Sector

As legal departments seek to streamline their operations, the adoption of Artificial Intelligence (AI) has surged. The survey indicated a remarkable 75% increase in AI adoption among legal teams within just one year. This trend reflects an urgent need for innovative solutions to enhance efficiency and accuracy in contract management.

Insights from the 2025 State of Contracting Report

For those looking to dive deeper into these findings, the 2025 State of Contracting report is an essential resource. This comprehensive document outlines:

• Strategies employed by leading legal teams to effectively integrate AI technologies.
• The diverse AI adoption strategies that are proving successful for organizations of various sizes.
• Practical steps for legal teams to begin benefiting from AI-powered contract review processes.

Moving Forward: The Future of Contract Review

Today, the central question for legal teams is no longer whether to adopt AI for contract reviews, but rather how to implement it effectively. The insights from the report provide valuable guidance for teams aiming to transition to AI-driven workflows, ensuring they remain competitive in an evolving landscape.