What happens when a Harvard-trained corporate lawyer, tired of copying and pasting contract language, starts reading about self-driving cars? In Shashank Bijapur’s case, it sparked the creation of SpotDraft, a contract lifecycle management company that just raised $54 million in Series B funding and that counts major companies such as Airbnb among its…
In-House Counsel Embracing AI for Contracts, but Cautiously, Finds New Survey from SpotDraft
Contract management is emerging as the top use case for generative artificial intelligence in legal departments, according to a new survey of in-house legal professionals released today, the 2025 AI Impact on In-House Legal Teams Survey Report.
Conducted by the contract lifecycle management company SpotDraft, the survey finds that a significant majority (70.8%)…
Fast Company’s List of World’s 606 Most Innovative Companies Includes Four from Legal Tech
Fast Company is out with its annual ranking of the world’s most innovative companies, and of the 606 companies that made the list, just four are from legal tech.
“The 606 organizations that we honor as Fast Company’s Most Innovative Companies of 2024 have met our high bar for demonstrating innovation and the impact…
SpotDraft’s Gen AI Contract Review Product, VerifAI, Released for General Availability, with Free Trial
In October, the contract lifecycle management company SpotDraft announced an early-access release of its new generative AI add-in for Microsoft Word, called VerifAI, designed to help lawyers streamline the process of reviewing contracts. Now, SpotDraft is releasing the product for general availability, with the option for anyone to try it free for two weeks.…
How It Works: VerifAI from SpotDraft, Using AI in Word To Help Lawyers Review Contracts Faster
Today in the LawSites video series How It Works, we get a demonstration of VerifAI, a Microsoft Word add-in from the contract lifecycle management company SpotDraft that uses generative AI to help lawyers review contracts up to 15 times faster.
VerifAI uses generative AI to review contracts against your personal guidelines, and answer your…
CLM Company SpotDraft Unveils Generative AI Contract Review Add-In for Word (and For A Time It’s Free)
The contract lifecycle management company SpotDraft today launched a generative AI add-in for Microsoft Word that is designed to help lawyers streamline the process of reviewing contracts — and it is available for anyone to try for free through the end of December.
The new product, called VerifAI, uses generative AI to check…
On LawNext: Live from the CLOC Global Institute: Interviews with 22 of the Legal Tech Exhibitors
On this episode of LawNext, we take you to the conference floor of the CLOC Global Institute, the annual conference of the Corporate Legal Operations Consortium that was held May 15-18 in Las Vegas, for a series of brief interviews with…
Aiming to Simplify Contract Drafting, SpotDraft Partners with Microsoft to Integrate Word within its CLM Platform
Two months after raising $26 million in Series A funding, SpotDraft, a cloud-based contract lifecycle management platform for in-house legal teams, is today launching a deep integration with Microsoft Word that it says will simplify the contract drafting and review process for businesses of all sizes.
Developed in partnership with Microsoft, the integration…
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