This Startup Is Coming for $7 Billion in Contract Review (1)

Welcome back to the Big Law Business column on the changing legal marketplace written by me, Roy Strom. Today, we look at a legal tech startup that says contracts are not as complex as Wikipedia articles and is building a machine that learns how lawyers negotiate.

Lawyers do a lot of things, but a lot of times what they get paid for boils down to what they do with words. How can they convince a judge to focus on this word and not that other word? How can they eliminate words they don’t like from a contract?

There is ...