Terms & Conditions
Welcome to Statute. By accessing or using our website and services, you agree to these Terms & Conditions.
1. Our Services
Statute provides AI-powered contract review software, which may include clause identification, risk scoring, playbook comparison, summaries, suggested edits, and reporting. The specific services provided depend on the plan or agreement you purchase.
2. No Legal Advice or Guarantees
Statute is a software tool, not a law firm. Our outputs are not legal advice, and using Statute does not create an attorney-client relationship. AI can make mistakes, so a qualified person must review all outputs before you rely on them.
Statute does not guarantee specific results, such as accuracy rates, time or cost savings, or legal outcomes. Results depend on many factors outside our control.
3. Client Responsibilities
You agree to provide accurate information and keep your login details secure. You are responsible for ensuring that you have the right to upload any documents you provide to Statute, including any client consents required.
4. Your Data
You own the documents you upload and the outputs generated from them. We use them only to provide our services, keep them confidential, and protect them with appropriate security measures. We do not use your data to train AI models shared with other customers. After termination, we delete your data within [X] days.
5. Payments
All fees and payment terms will be communicated before work begins. Payments must be made according to the agreed terms.
6. Intellectual Property
You retain ownership of your content. Statute retains ownership of its platform, software, models, templates, and pre-existing materials.
7. Third-Party Platforms
Our services may connect with third-party tools such as document management systems, email, and e-signature platforms. We are not responsible for changes, restrictions, outages, or decisions made by these platforms.
8. Liability and Governing Law
To the fullest extent permitted by law, Statute is not liable for indirect or consequential damages, or for losses arising from reliance on its outputs. Our total liability is limited to the fees you paid in the [12] months before the claim. These terms are governed by the laws of [Jurisdiction].
9. Changes to These Terms
We may update these Terms & Conditions from time to time. Continued use of our website or services after changes are posted means you accept the updated terms.
10. Contact
If you have questions about these Terms & Conditions, please contact Statute through our website.
