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Summary

Mage Legal is launching AI legal diligence software for attorneys handling M&A and financing work. The product scans data rooms, classifies documents, flags red and yellow issues, and generates diligence memos and redline comparisons. It also auto-populates disclosure schedules and is positioning itself for future use in capital markets transactions. The company says the tool reduces review time from days to hours and helps firms handle larger deal volumes without adding headcount.

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