With Jincy Jacob, Contracts engineer at Danway
Danway achieves 40% time savings on contract review with CoCounsel
Learn how CoCounsel enabled Danway’s legal and contracting team to accelerate contract review, enhance output quality, and focus more time on strategic work.
About Danway
Danway provides innovative engineering and contracting solutions in the oil and gas, renewable energy and industrial sectors across the MENA region. The growing business needed a reliable solution that could enhance the efficiency and effectiveness of its contract review processes.
Jincy Jacob, a contracts engineer at Danway, identified the need to streamline her team’s contract review processes, improve risk management and deliver better outcomes.
“Contract review is often time intensive, particularly when dealing with lengthy and complex documents,” she said. “We were seeking a solution that could accelerate the review process, reduce manual effort and human error, and ensure that critical risks and key clauses are not overlooked.”
CoCounsel’s user-friendly platform helped Danway to achieve a range of business benefits. “The most significant impact has been in time savings and enhanced risk analysis,” said Jacob.
“We are now able to review contracts more efficiently, handle a higher workload simultaneously, and perform effective cross-referencing with greater ease.”
The challenge
Manual contract review slowed Danway's legal workflows
Before implementing CoCounsel, Danway’s contract review team had struggled to quickly and comprehensively review a high volume of documents. “Managing multiple tenders simultaneously was challenging,” reflected Jacob. “There was a risk of overlooking critical clauses.”
The team had a range of manual review processes in place, but these were time consuming and often involved routine and repetitive tasks. “Contract reviews were conducted manually using internal checklists, historical documents, and the team’s experience, including knowledge of prior client engagements,” said Jacob.
Legacy manual-review processes designed to ensure adequate checks and balances inevitably resulted in delays to contract execution. “The process typically required multiple review cycles and significant coordination within the team,” she said.
For Jacob, whose responsibilities include reviewing contractual documents, identifying potential risks and supporting project teams on contractual and commercial matters, it was important to find an innovative solution to this business problem.
Our team can now manage a higher volume of contracts and tenders within the same timeframe, improving overall productivity.
Jincy Jacob
Contracts engineer, Danway
The solution
AI-powered contract review with CoCounsel
Danway ultimately decided that CoCounsel was the best solution to address its contract review challenges. The innovative business was impressed by CoCounsel’s wide-ranging tools, grounded in trusted sources. The only legal AI built on Westlaw and Practical Law.
“We initially piloted CoCounsel on a limited number of contracts,” said Jacob. “The benefits were evident almost immediately, particularly in terms of time savings and improved consistency in contract review.”
CoCounsel’s AI legal assistant can rapidly research, analyse, draft, summarise and review a high volume of documents. It can easily handle complex multi-part requests through a single prompt. Built to work like a senior associate, CoCounsel delivers detailed, verifiable outputs grounded in trusted Thomson Reuters content, ready for lawyers to review, refine and build on.
The solution operates in an integrated and user-friendly manner. It provides unprecedented value to busy teams that need easy access to data and discussions held across multiple platforms, including Microsoft 365 products. Critically, CoCounsel’s AI legal assistant provides transparency on its reasoning and sources, and asks clarifying questions when needed.
Most valued features
| Features | Challenges | How CoCounsel helped | Benefits |
|---|---|---|---|
| Risk mitigation | Danway needed to identify risks and critical contract issues quickly across large document sets. | CoCounsel highlights key risks, critical points, and recurring issues in a tabular format across up to 10,000 documents. | Faster risk identification and improved contract oversight. |
| Speedy document review | The team needed to review large volumes of complex draft and executed contracts efficiently. | CoCounsel reviews thousands of contracts, redlines draft provisions, and suggests compliant wording. | Accelerated contract review with more consistent outputs. |
| Legal clarity | Danway needed clearer summaries of key clauses, changes, and material contract points. | CoCounsel summarises lengthy documents, including documents in different languages, and creates actionable summaries based on redlines and comments. | Clearer understanding of key clauses and document changes. |
| Ease of adoption | The legal team needed software that was easy to use with minimal training. | CoCounsel understands conversational legal queries and draws on internal documents, knowledge repositories, and trusted legal content. | Faster adoption and reduced training burden. |
The outcome
CoCounsel helped Danway improve the quality, speed and consistency of its contract review process. Over 12 months, Danway achieved a 1,042% net return on its investment in CoCounsel and created $143,000 in capacity value as per the CoCounsel ROI calculator.
The team saw a clear reduction in review time. "With CoCounsel, we achieved approximately a 30–40% reduction in contract review time," said Jacob. This helped Danway review contracts more efficiently, manage multiple tenders concurrently and respond to time-sensitive work with greater confidence.
11
hours saved per week
30-40%
reduction in contract review time
$143K
capacity value created
1,042%
net ROI over 12 months
CoCounsel also supported more consistent contract drafting and review. Danway used the solution to identify risks, check deviations from standard terms and conditions, interpret clauses, compare versions and cross-check key provisions. As a result, the team reduced rework and improved confidence that critical clauses and material changes were being addressed.
The solution created additional efficiencies across document-heavy workflows. Danway used CoCounsel to review scanned documents, summarise lengthy contracts, prepare contract review reports and present information in structured, tabular formats. It also supported multilingual contract review by helping the team review translated Arabic contracts and generate English-language outputs more efficiently.
Ultimately, CoCounsel enabled Danway's contracts team to handle a higher volume of contract and tender work within the same timeframe, without requiring new hires.
"Our team can now manage a higher volume of contracts and tenders within the same timeframe, improving overall productivity," concluded Jacob.
At a glance
Industry
Engineering
Headquarters
United Arab Emirates
Solutions
Legal
(Cocounsel)
Year founded
1976
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