Lexford Legal Reviews Contracts 5× Faster Without Sacrificing Accuracy

Results at a glance

The Challenge

Lexford's M&A practice was spending an average of 140 hours per due diligence engagement on contract review — identifying key clauses, flagging non-standard terms, and summarizing risk factors. This bottleneck was limiting how many clients they could serve and creating pressure on junior associates.

Our Solution

We built a contract review AI that ingests contract packages, identifies and extracts 47 standard clause types, flags non-standard or missing terms, rates risk level by category, and produces a structured summary report — in under 30 minutes for a full contract package that previously took 3 days.

How We Built It

1. 1

   Trained extraction models on 1,200 historical M&A contracts reviewed by Lexford's senior partners

2. 2

   Built a clause library with 47 standard clause templates and deviation detection

3. 3

   Created risk scoring rubric with partner input across 8 risk categories

4. 4

   Integrated with Lexford's document management system (iManage)

5. 5

   Built a review interface where associates can verify, annotate, and override AI findings

6. 6

   Generated standardized output reports in Lexford's existing template format