Maigon

What is Maigon?

Maigon is an AI contract review tool built by Maigon AB. It scans and analyzes legal contracts to spot potential risks and inconsistencies, automating the contract review process so less time is spent on manual work and fewer mistakes slip through. Maigon identifies important clauses, checks compliance with regulations, and flags legal risks, producing full contract summaries and analyses in seconds.

The tool is designed to be easy to navigate, with detailed reports that let you dig into documents. It keeps learning and adapting to new industry needs and legal rules, and it can integrate with existing contract management systems to streamline workflows.

Who created Maigon?

Magnus Sundqvist founded Maigon and leads the company as CEO. Maigon AB consists of a global team of developers, lawyers, and legal data engineers focused on using AI to automate contract review. Key team members include Andreas Börjesson (business development), Jim Runsten (strategy), and Knut-Magnar Aanestad (market development across regions). Maigon also partners with organizations and cloud providers to support its growth.

What is Maigon used for?

Maigon supports a range of legal review tasks:

• Supply Agreements: Reviewing product supply contracts against current standards and best practices.
• R&D Agreements: Checking research and development agreements for compliance with industry standards.
• End User License Agreements: Ensuring alignment with established standards and best practices.
• Data Processing Agreements: Verifying compliance with GDPR and EDPB guidelines.
• Privacy Statements: Checking privacy policies against GDPR criteria.
• Non-Disclosure Agreements (NDAs): Reviewing NDAs against established standards, including custom playbooks based on your own guidelines.
• Consultancy Agreements: Checking contracts for compliance with standards and best practices.
• Deal Closing: Helping in-house sourcing teams finalize deals faster.
• Workflow Automation: Automating routine review tasks for in-house legal teams.
• Legal Advice: Providing strategic legal advice for law firms while the AI handles contract reviews.
• Sales & Procurement: Automating review workflows for sales and procurement teams.
• Platform Insights: Offering deeper insights to contract platform users via API integration.

Who is Maigon for?

Maigon is aimed at:

• In-house sourcing teams
• Sales and procurement departments
• In-house legal professionals
• Law firms
• Contract platform providers