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About

Achieve a new level of visibility into your contracts. Our user-friendly AI tool simplifies contract management, provides actionable insights, and offers a ready-to-use solution without complex implementation, perfect for busy business operators. Streamline your operations with AI-driven tools that automatically identify and extract critical information from contracts, reducing manual effort and enhancing accuracy. Gain comprehensive insights with a centralized dashboard that displays key metrics and status updates of all contracts, enabling proactive management and better decision-making. Enhance efficiency with your personal AI assistant who interprets and advises on contract-related queries, ensuring consistent support and smarter contract management. Automate data extraction from contracts, reducing manual effort and speeding up the review process. Reduce legal costs and uncover other missed opportunities through proactive contract management.

About

True AI delivered attorney-quality negotiation with multi-round review, automated redlining, playbook fallbacks, approvals, instructive guidance, and more. Shorten the time it takes to get from contract creation to signature, with negotiation review and markup cycles completed in near real-time. Accelerate negotiation and deal cycles, driving bottom-line savings and procurement processes. Leverage data insights to optimize your review processes and better address edge cases and accommodate feedback. Mitigate risk by ensuring compliance through AI-powered adherence to organizational and industry standards and playbook guidelines. The LexCheck AI is already equipped with best practice negotiating knowledge for most common contract types. Our team can help you tune it to your specific playbook guidance with less than 24 training samples.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Enterprises wanting a tool to drive efficiency, reduce risk, and uncover valuable insights

Audience

Businesses searching for an AI contract management and negotiation software

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

$89 per month
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

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Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • Lexcheck's AI system is best in the industry, using real AI technology (developed by a team of lawyers and linguists) to review and mark-up contracts according to your organisation's unique playbook within minutes. What we especially like about LexCheck is its ability to surgically amend clauses within contracts (as opposed to replacing existing wording with your organisation's preferred wording) all within minutes. LexCheck has since cut down the time our organisation's legal team reviewing and editing NDAs by 77% with the average turnaround time from beginning of review to sending Legal's comments back being less than 7 minutes. What we also find impressive and the killer feature of LexCheck is LexCheck *does not* rely on *hundreds* of samples of *one* document type in order to develop their AI system *unlike* every other AI contract review competitor in the market. Instead, they needed only *20 to 25 samples* of a contract type and only *5 samples* of each specific playbook rule to build out our AI system, regardless of the nichness or complexity of the document type or playbook rule. This made LexCheck's AI system vastly superior to other competitors our organisation has explored who either rely either on human attorneys to actually do the review/editing (which, anecotally speaking, may result in up to a week's turnaround time and fundamentally does not differ from a third party legal service provider solution) or machine learning (which require hundreds of samples of one type of document and playbook rule in order to develop their "AI" system). As our organisation's contracts are highly specialised and unique to its industry, the fact that LexCheck only requires 25 document samples and 5 samples for each playbook rule was vastly more preferable for our AI contract review solution. This is especially more so when we update our playbooks to comply with new regulation/industry standards whereby LexCheck only requires 5 samples (not hundreds) of how the new playbook rule should operate to update the AI system. Lastly, the team at LexCheck is fantastic and a dream to work with. They're professional, understanding, capable and efficient and have delivered and are delivering upon the expectations we required of them for our AI contract review solution. They've developed and implemented numerous improvements to the AI system since we've started development, and they keep us up to date on what's on the roadmap for improvements and fixes regularly. They have also provided our organisation end-to-end support with the roll-out of the AI system to the legal team with a planned rollout to the rest of the Business for self-service.

Cons

  • The LexCheck team has mostly addressed developing points with our AI system since we've started development and roll-out. Minor points are limited to the occasional formatting errors which are on their roadmap to be resolved.

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Exante
www.exante.app/

Company Information

LexCheck
Founded: 2015
United States
www.lexcheck.com

Alternatives

Alternatives

LinkSquares

LinkSquares

LinkSquares Inc.

Categories

Categories

Integrations

No info available.

Integrations

No info available.
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