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Highlights

CoCounsel Legal's Tabular Analysis reviews up to 10,000 contracts against 100 questions in a single prompt. Brief Builder pauses for lawyer review at four checkpoints before producing a formatted legal brief. Fiduciary-Grade AI grounds every answer in Westlaw, Practical Law, and firm precedent, showing its sources throughout.


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As prosecutors navigate growing caseloads, expanding volumes of digital evidence, and persistent resource constraints, Brady compliance has become more difficult and more consequential than ever. The obligation to identify, review, and disclo...


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Incremental debt terms typically require that new debt not mature earlier than existing debt, protecting original lenders' place in line. 'Inside maturity' baskets carve out an exception, letting a portion of incremental debt mature before the existing debt. Across a sample of 86 high-yield credit agreements in Q3 2023 and 53 in Q3 ...

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Automatic guarantee releases let subsidiary guarantors drop their guarantee the moment they stop being wholly owned — sometimes triggered by transferring just one share. Automatic release prevalence jumped from 3% of deals in Q3 2023 to 17% in Q3 2024. 'Anti-PetSmart' protections against this loophole grew alongside it, from 5% to 1...

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Change of Control Portability lets a borrower avoid an event of default when ownership changes, effectively transferring the loan to a new owner without lender consent. The term appeared in 13% of publicly filed high-yield credit agreements in Q3 2024, up from 10% in Q3 2023. 'Affiliate transfer portability' now accounts for the ent...

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