LexCheck Insights

LexCheck Insights is an AI-assisted contract review tool that operates within Microsoft Word. The platform applies LLM-based technology to evaluate incoming contracts against organization-specific playbooks, surface deviations from preferred positions, and generate redlines for negotiation.

Key Features & Functions:

Playbook-Based Contract Review
Contracts are evaluated against a configurable playbook that captures the organization's preferred positions. The platform identifies deviations, surfaces potentially problematic language, and suggests redlines for resolution.

Playbook Generation
Organizations can generate a playbook by uploading their form contract. Preferred positions are automatically extracted and can be reviewed and adjusted within the platform, including the addition of fallback positions.

Inline Issue Surfacing
Identified issues are surfaced transparently within the document, with explanations of why flagged language requires attention, allowing reviewers to navigate directly to relevant provisions.

CLM Integration
The platform is designed to integrate with existing contract lifecycle management solutions, enabling use within broader contract workflow environments.

Funding Information:
Founded by industry expert Gary Sangha (CodeX Fellow at the Stanford Center for Legal Informatics and founder of Intelligize). LexCheck has raised a total of $25M in funding over 4 rounds. Their latest funding of $17M was raised in Dec 2022 from a Series A round from GTMfund and Mayfield Fund.