FACILITIES AGREEMENTS
Automated Asian Loan Facilities Agreements
Deep automation: the differentiator for Asia Pacific loan documentation.
The Clarilis platform is used extensively to automate Asia Pacific banking and finance precedents (including those based on APLMA* precedents). For example:
- Syndicated term and multicurrency revolving facilities agreements
- Bilateral term facilities agreements (single guarantor, single currency)
- Term and revolving facilities agreements
- Simplified lending facility agreements
- Developing markets facilities agreements
- Export finance credit agreements
- Intercreditor agreements
- Legal opinions
- Term sheets
- Mandate letters
and more...
Increase capacity in busy teams
Improve margins and reduce write-offs
Enable risk-mitigated delegation
* Clarilis automates APLMA and LMA documentation exclusively for and provided by member firms. Clarilis automations are not endorsed by the APLMA or the LMA.
2 hours
Draft facilities agreements and all ancillaries in under two hours
Maintained
Maintenance included in your licence fee
100+ firms
Law firms around the world trust Clarilis
Clarilis is trusted by leading finance teams, including:
HOW IT WORKS?
You complete a dynamic questionnaire. Clarilis produces a comprehensive first draft in Word, together with all relevant ancillary documents. All in your firm’s house style. No templates to configure. No legal engineers required.
What finance teams say:
"The days of a junior lawyer drafting a 270-page loan agreement from scratch or changing a syndicated loan to bilateral, or vice versa, are over."
Libby Garvey, Head of Banking, Ireland
Taylor Wessing
"Addleshaw Goddard have addressed three key issues with Clarilis. Capacity has improved – we were spending too long and working too hard on first drafts when we didn’t need to. Increasing client demand for innovation and agility has been met and maximum value is derived from fixed price work.”
Richard Oman, Banking & Finance Partner
Addleshaw Goddard
Leverage Clarilis' experience to deliver significant automation for your firm
The Clarilis approach combines your precedents with the deep banking and finance expertise of our Innovation PSL team to deliver an exceptional automation, significantly accelerating your department's efficiency.
Customised for your needs
At Clarilis we customise your automation to meet the specific needs of your practice and the banks and borrowers that you act for.
Add your firms' own precedents to achieve an exceptionally customised document suite
Your firm’s own precedents, such as legal opinions, security documents and corporate authorisations are ideal candidates for deep automation. The result is an exceptionally customised and deeply automated set of precedents for your firm.
Why do Finance lawyers use Clarilis?
Drastically reduce drafting time – save hours per matter
Improve margins via enhanced efficiency
Increase capacity in busy teams
Release senior lawyers to allow them to focus on more profitable activities.
Delegate to junior team members with confidence
Maintain exceptional standards using best-in-class documents
Driven from a single questionnaire
Draft entire suites of documents from a single questionnaire.
Our automation handles 90% of the draft. AI Draft handles the rest.
Clarilis AI Draft enables lawyers to use generative AI to draft definitions, clauses, schedules and additional documents not covered by your template, so you get a more complete first draft, faster.
Every AI-generated clause is highlighted in your document so you know exactly what to review.
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Relevant: Codified PSL knowledge and matter context ensure highly tailored drafting.
- Visible: All AI-generated content is highlighted and flagged for review.
- Secure: No AI models are trained using your data, with zero data retention.
- Confined: Create additional novel content without changing the logic-generated content.
Banking and finance precedents are an ideal fit for automation!
Security by design
Data Hosting
Secure Environments
GDPR
Enterprise level security
User security / control
Zero data retention for AI Processing
No AI model training
Human resource security
Facilities Agreements FAQs
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Clarilis is the combination of an intelligent drafting platform, designed to handle complex automation, and a lawyer-led managed service. Clarilis delivers transformational outcomes for law firms and leading organisations globally, enabling them to improve margin, increase capacity, provide superior client service, aid recruitment and retention, and mitigate risk.
Clarilis is trusted by transactional lawyers to draft complex documentation across a range of practice areas such as banking, corporate, real estate and private client.
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Clarilis AI Draft integrates generative AI into the Clarilis platform, focusing on augmenting - not replacing - traditional document automation. This approach recognises that deterministic, template-based automation remains the gold standard for legal drafting, however, there are instances where generative AI can enhance this process – to cover less common scenarios and novel, deal-specific drafting.
Find out more here.
General FAQs
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A licence of the Clarilis platform includes a fully managed, PSL-led managed service.
Clarilis maintains the automation of the precedents and ancillary documents in-line with your requirements (including, where appropriate, incorporating APLMA updates to standard documentation).
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Absolutely, we can provide face-to-face training so your users can learn how to use the system. Not that in depth training is required, as one Partner from a client firm puts it, “if you can buy something on Amazon you can use Clarilis”.
Facilities Agreements
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Yes, Clarilis is hosted on Amazon Web Services (AWS), is ISO 27001 certified by the British Standards Institute (BSI), and is used by the largest law firms on the planet, having passed their rigorous Infosec processes. (Click here to see some of our customers).
Clarilis is committed to the responsible use of AI. Clarilis AI Draft is deployed on a "zero data retention" basis, and no AI models are trained using customer data.
You can read more about our security here.
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No, there are no plugins or software required, if you can access the internet via a browser, you can use Clarilis. There is nothing to set up and no coding required.
Once you have created a draft document using Clarilis, you can simply download the resulting Word or pdf documents directly onto your laptop/PC. From there, you can save them to your DMS, in your chosen folder.
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Yes, Clarilis will help you set it up with your firm’s SSO system.