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LexCheck

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LexCheck provides an AI contract review and clause extraction tool that automates the analysis of legal documents for faster negotiations.

About

LexCheck provides an AI contract review and clause extraction tool that automates the analysis of legal documents for faster negotiations.

Detailed overview

LexCheck is an AI contract review software designed for legal professionals and corporate teams who manage contract workflows. The product operates within Microsoft Word, providing comprehensive insights and accurate redlines for any contract. It is built using LLM-powered AI technology to assist with deal-making, process optimization, and smoother negotiations. Key capabilities include instant insights that explain why specific contract language may be problematic, and a redlining feature that allows users to apply preferred language to address those issues. Rapid implementation is supported by uploading a template, which automatically captures the user’s preferred positions. The software is positioned as time-tested and secure, aiming to minimize risk. Integrated workflows keep all work within Microsoft Word, and users can update playbooks or add fallback language via a self-serve interface. Reported outcomes from customers include a greater than 75% increase in speed to close with AI-powered negotiations, contracts signed in as little as one day, and a greater than 50% reduction in legal costs per contract review. Case studies from NetApp and RSM document real customer successes with the software.

Website link is available on the Verified plan