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What is LexCheck?

Cutting-edge AI technology equips users with attorney-level negotiation capabilities, featuring multi-round reviews, automated redlining, fallback playbooks, and instructional support, all of which streamline the transition from contract creation to final approval. This innovation dramatically accelerates the negotiation and markup process, enabling rapid reviews that can occur in near real-time. By shortening deal timelines, it not only leads to significant cost reductions but also enhances the overall efficiency of procurement workflows. Employing data-driven insights allows for improved review strategies, effectively addressing edge cases while integrating valuable feedback. Furthermore, it reduces potential risks by maintaining compliance with both organizational mandates and industry standards through AI-driven adherence to established playbook protocols. LexCheck AI is pre-equipped with well-recognized negotiation best practices suitable for various common contract types. Our expert team stands ready to assist in tailoring the system to fit your specific playbook guidelines, requiring fewer than 24 training examples to do so. This customized approach guarantees that your contract negotiation process is both efficient and adept at fulfilling your particular requirements, ultimately fostering a more streamlined operational experience. With these capabilities, organizations can expect not only improved negotiations but also a strengthened competitive edge in their respective markets.

What is ContractKen?

ContractKen serves as an AI assistant designed specifically for the review and drafting of contracts, aiming to enhance the capabilities of legal professionals with the aid of artificial intelligence. Our core offering integrates seamlessly within Microsoft Word, empowering lawyers through advanced AI functionalities, a user-friendly interface, and meticulously crafted playbooks. The review module assists users in pinpointing potential risks, locating pertinent text, providing clarifications, and suggesting redline edits. The playbook module allows users to measure their drafts against internal checklists or playbooks, identifying terms and clauses that align with or diverge from established standards while facilitating quick redline adjustments. Users can generate a comprehensive report in just minutes. With precedent-based drafting, practitioners can choose relevant precedents, input instructions manually or through a term sheet, and utilize AI to produce initial drafts, significantly cutting the time to first draft by up to 80%. Additionally, our formatting module aids users in recognizing and addressing common errors or oversights related to defined terms, clause references, monetary figures, dates, and tasks, ensuring a thorough and polished contract. This integration of AI tools not only streamlines the drafting process but also enhances the overall quality of legal documents.

Media

Media

Integrations Supported

Microsoft Word

Integrations Supported

Microsoft Word

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

LexCheck

Date Founded

2015

Company Location

United States

Company Website

www.lexcheck.com

Company Facts

Organization Name

ContractKen

Date Founded

2021

Company Location

United States

Company Website

www.contractken.com

Categories and Features

Contract Management

Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management

Categories and Features

Contract Management

Buy Side (Suppliers)
Completion Tracking
Compliance Tracking
Contract Lifecycle Management
Electronic Signature
Full Text Search
Government Contracts
Pre-built Templates
Sell Side (Customers)
Specialty Contracts
Version Control
Workflow Management

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