Purpose-built for capital markets lawyers

Legal AI lawyers can actually rely on

From SEC filings to signed comfort letter, Reliance handles the verification work that slows every deal. RelianceComfort and RelianceBackup automate the workflows your team still does manually — with the accuracy your partners will actually sign off on.

6hrAvg. saved per deal
94%Circle accuracy rate
#1Workflow fidelity
0Re-verification needed
Live Product

From raw filing to comfort request — in seconds

Upload any SEC filing. Reliance identifies every financial figure requiring auditor comfort, draws the circles, and numbers them — ready for your review.

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ACME CORP · FORM 10-Q · Q3 2024
100%
Analyzing filing...
Parsing SEC filing structure
Extracting financial statements
Identifying comfort figures
Generating circle annotations
L&W COMFORT REQUEST
ACME CORP · FORM 10-Q MANAGEMENT'S DISCUSSION & ANALYSIS

Management's Discussion and Analysis of Financial Condition

The following discussion should be read in conjunction with our consolidated financial statements. For the three months ended September 30, 2024, we reported total revenues of $178.3 million, representing an increase of 21.8% compared to the prior year period. Our net income attributable to common stockholders was $31.4 million, or $0.62 per diluted share.

Operating expenses totaled $134.9 million for the quarter, compared to $112.1 million in the prior year period. As of September 30, 2024, we had $284.7 million of cash and cash equivalents on hand. We employed 4,812 full-time equivalent employees as of the quarter end.

Revenue by Segment

Q3 2024Q3 2023Change
Core Services$121.4M$98.2M+23.6%
Advisory$42.1M$38.5M+9.4%
Other$14.8M$9.9M+49.5%

Our total debt outstanding as of September 30, 2024 was $445.2 million, comprised of our senior secured term loan and revolving credit facility.

Built around how deals actually work

01
📄
Upload Your Filing
Drop any SEC document — 10-Q, S-1, prospectus supplement, or offering memorandum. Reliance parses it in seconds, no setup required.
→ PDF & EDGAR filings supported
02
🔍
AI Identifies Figures
Our model extracts every financial figure requiring auditor comfort — tuned to exactly what capital markets lawyers at top AmLaw firms circle.
→ 94% first-draft accuracy
03
Review & Export
Numbered circles, formatted backup tracker, and ready-to-send comfort request email — all in one click. Exports iManage-ready.
→ iManage-ready output
Capabilities

Every workflow. Built-in validation.

Comfort & Backup
Auto-circle figures with deal-type awareness
Handles debt vs. equity deal logic automatically. Knows not to circle future estimates, market averages, or FX conversions — the exact rules your associates follow from the Latham cheat sheets.
Cross-Reference Engine
Every number tracked across the full document
Open any circle and see every other place that figure appears in the filing. Discrepancies flagged instantly. No more manual ctrl+F across a 200-page S-1.
Diligence Review
AI-generated diligence grids from source docs
Upload transaction documents and receive a structured diligence grid in firm-standard format — ready for partner review, not for wholesale rewriting.
Legacy Deal Support
Redline-aware for follow-ons and add-ons
For repeat issuers, Reliance compares against prior comfort requests and surfaces only new figures — the exact same process your senior associates run manually.
"Automation only matters if lawyers don't have to re-do the work."
Core Insight · Reliance AI
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10-Q 10-K S-1 424B4 Offering Memo Prospectus Supp.

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PURPOSE-BUILT FOR CAPITAL MARKETS · NEW YORK