CounselIQ: AI-Powered Contract Intelligence
Save 73% of contract review time while empowering attorneys — without replacing their judgment.
The problem
The attorney drowning in contracts.
It's Friday evening. 100+ contracts in the queue. A senior associate reviews clause by clause — knowing one missed indemnity could cost millions.
Average manual review of a standard commercial agreement.
Typical volume at mid-to-large firms during peak periods.
Attorneys working nights and weekends just to keep up.
The real cost
The math is staggering.
$150/hour × 4 hours × 100 contracts = $60,000/month in review costs alone — before errors, rework, or missed risks.
- • Manual bottlenecks delay closings and frustrate clients
- • Inconsistent quality across attorneys and practice groups
- • Institutional knowledge walks out the door
| Category | Monthly cost |
|---|---|
| Contract review labor | $60,000 |
| Error rework | $12,000 |
| Missed deadlines | $8,000 |
| Client attrition risk | $15,000 |
| Total | $95,000 |
Meet CounselIQ
Augments attorneys. Never replaces them.
CounselIQ analyzes contracts in seconds, flags risks, suggests improvements, and builds your firm's institutional knowledge over time.
Attorneys remain the decision-makers. AI handles the heavy lifting.
Every flag and suggestion includes explainable rationale.
Attorneys accept, modify, or dismiss every recommendation.
How it works
Upload to annotated export — in minutes, not hours.
- 01Upload
Drag in any contract. PDF, Word, or scanned.
- 02Analyze
Clause extraction and risk detection in seconds.
- 03Benchmark
Compared against your firm's knowledge base.
- 04Export
Annotated Word doc with tracked changes ready for review.
Before & after
A day in the life.
| Before CounselIQ | With CounselIQ |
|---|---|
| 4 hours per contract review | ~1 hour with AI pre-analysis |
| Manual clause-by-clause reading | AI flags critical issues instantly |
| Inconsistent quality across attorneys | Standardized risk scoring |
| No record of past decisions | Knowledge base builds automatically |
| Weekend work to meet deadlines | Reviews completed same day |
| Missed clauses slip through | 99%+ clause coverage |
Result: 73% reduction in review time. Attorneys focus on judgment, not grunt work.
Capabilities
Three pillars.
Analysis
- Clause extraction & categorization
- Automated risk flagging by severity
- Obligation tracking & deadline alerts
Intelligence
- RAG benchmarking across 10,000+ contracts
- Similar clause finding across matters
- Best-practice suggestions by jurisdiction
Productivity
- Automated annotations with tracked changes
- One-click export to Word
- Firm knowledge base that grows over time
The business case
Pays for itself in under 90 days.
Based on 100 contracts/month at a mid-size firm. Assumptions: $150/hr blended rate, 4-hour → 1-hour review reduction.
Freed up for higher-value legal work
Direct reduction in review labor
Total first-year value delivered
Full platform cost recovered
Enterprise-grade security
Two deployment tiers. Your data governance, your call.
Cloud
Contract content is never stored. Only intelligence metadata and annotations are retained. Ideal for firms with standard compliance needs.
- Contract content not stored
- Only metadata retained
- SOC 2 compliant
- Encrypted in transit and at rest
On-Premise
Full data sovereignty. Deployed entirely in your firm's environment. Ideal for regulated industries and government clients.
- Full data sovereignty
- Deployed in client environment
- Air-gapped option
- Full audit logging
See CounselIQ on your contracts.
We'll run a demo with redacted samples from your firm. 30 minutes, no install required.
Request a demo