GC AI Glossary
Playbooks terms
6 terms from the GC AI glossary, each explained in plain English.
C
Check
PlaybooksPlain English priorityA specific, automated rule within a playbook that looks for a particular clause or risk (e.g., verifying governing law is set to Delaware).
E
Escalation rule
PlaybooksPlain English priorityA guideline that determines when a specific contract issue must be reviewed by a more senior attorney or a different department before approval.
F
Fallback position
PlaybooksPlain English priorityAn alternative, acceptable version of a clause that your negotiators can agree to if the standard position is rejected by the counterparty.
P
Playbook
PlaybooksPlain English priorityA digital set of rules defining your organization's standard positions, acceptable risks, and required clauses for contracts. The AI uses your playbook to automatically review incoming agreements.
Position
PlaybooksPlain English priorityYour organization's official stance on a specific legal or commercial term during negotiations.
S
Standard position
PlaybooksThe ideal, primary stance your organization aims to achieve in a contract for a given clause.
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