AI Tools Every Corporate Lawyer Should Know About

Artificial intelligence is reshaping the way corporate legal teams operate. From law firms to in-house departments, legal professionals across the U.S. are embracing AI-powered tools to streamline everything from contract analysis and due diligence to regulatory compliance. Legal AI platforms are driving faster, smarter decision-making. In this post, we’ll break down some of the leading AI solutions transforming corporate law, highlighting their unique features, specific use cases, and how they fit into the evolving legal tech landscape.

Tools For Contract Analysis and Due Diligence

Litera - Litera Kira can significantly enhance a corporate law firm’s efficiency by automating high-volume contract review, due diligence, and document analysis. Its 1,000+ pre-trained clause models quickly identify key terms such as (termination, indemnity, and change-of-control) across thousands of agreements, reducing hours of manual review to minutes. Kira also allows firms to train custom fields for niche industries or deal types, making it highly adaptable. The platform improves accuracy, supports collaborative workflows, and generates standardized reports for clients. For M&A, regulatory compliance, and large-scale commercial contracting, Kira enables faster turnarounds, lower costs, and better risk identification. This strengthens both client service and internal productivity.

Luminance - Luminance is an AI-driven contract analysis and due diligence platform known for its anomaly-detection capabilities. Instead of relying on fixed templates, it learns the patterns and language across an entire document set, flagging unusual, non-standard, or high-risk provisions that may indicate compliance gaps or negotiation red flags. For corporate law firms, this means significantly faster contract review in M&A, real estate, and regulatory transactions, especially in large, cross-border deals with multilingual documents. Its scalability enables firms to review hundreds of thousands of files at speeds impossible for human teams, improving accuracy, reducing time pressure, and enhancing deal confidence.

eBrevia - eBrevia supports corporate law firms by automating contract extraction and due diligence review using NLP developed from Ivy League research. It quickly identifies and summarizes key contractual terms (such as termination rights, obligations, renewals, or financial triggers) allowing lawyers to build accurate diligence reports in a fraction of the usual time. With strong clause-level accuracy and an intuitive interface, eBrevia is especially valuable for large M&A transactions, contract audits, and rep-and-warranty verification. Firms use it to ensure consistency across reviewers, reduce human error, and accelerate deal timelines, while still giving attorneys full control over validation and legal judgment.

Tools For Regulatory Compliance

IBM OpenPages - IBM OpenPages is an enterprise-grade GRC platform that centralizes regulatory, compliance, and risk data; enhanced by Watson AI to automate analysis. For corporate legal and compliance teams, OpenPages can read new regulations, identify which rules apply, and map them to existing policies or controls. It flags gaps, suggests remediation steps, and highlights business units affected by regulatory changes. AI also scans internal risk reports to prioritize emerging issues. This makes regulatory tracking proactive rather than reactive, reducing the likelihood of non-compliance. Used by major banks and insurers, OpenPages helps large organizations navigate complex, evolving regulations with greater consistency and speed.

LexisNexis Risk Solutions - LexisNexis’s risk and compliance suite enhances regulatory oversight by using AI to automate high-stakes checks like AML, KYC, and fraud detection. Its systems analyze vast datasets (sanctions lists, regulatory filings, corporate records, global news) to instantly flag high-risk individuals, suspicious transactions, or entities linked to enforcement actions. For compliance teams, this means faster onboarding, continuous monitoring, and reduced manual review. Its biggest strength is scale: LexisNexis maintains one of the world’s largest public-records and financial-crime databases, allowing its AI to deliver real-time, highly accurate risk assessments. As a result, organizations can meet regulatory obligations more reliably and proactively.

AscentAI - AscentAI helps corporate lawyers stay ahead of fast-changing regulations by automatically reading, interpreting, and filtering new rules from agencies like the SEC, CFPB, and state regulators. Instead of manually reviewing dense regulatory text, lawyers receive a precise list of obligations tailored to their client’s or company’s activities. This allows legal teams to instantly see which policies, disclosures, contracts, or compliance frameworks require updates. For corporate law firms handling financial services, fintech, or multi-jurisdictional clients, AscentAI reduces research time, lowers regulatory risk, and ensures no critical rule change is missed, making ongoing compliance more proactive and defensible.

Tools For Document Review and eDiscovery

Relativity - Relativity is a cloud-based e-discovery and document-analysis platform that helps corporate law teams manage large volumes of documents during investigations, regulatory inquiries, M&A disputes, and internal audits. Its explainable AI flags relevance, privilege, and risk indicators while clearly showing why a document was classified a certain way, critical for defensibility when dealing with regulators or opposing counsel. For corporate transactions, Relativity’s analytics can uncover communication patterns, identify key decision-makers, and map timelines that clarify potential exposure or compliance gaps. This allows corporate lawyers to assess risk faster, prepare more robust narratives, and respond confidently to high-stakes regulatory or litigation demands.

Everlaw - Everlaw helps firms manage litigation documents with AI-driven predictive coding. Predictive leverages machine learning to categorize and rank documents based on their relevance to the matter at hand. This means attorneys no longer have to manually sift through thousands or even millions of documents to identify key information. In fact, it can process 900k documents per hour while checking for errors and duplicates. Its enhanced visualization tools as well as its powerful AI make it a useful tool for many smaller-sized law firms.

Casepoint - Casepoint is an advanced eDiscovery and document-review platform increasingly adopted by corporate legal departments handling investigations, regulatory inquiries, and complex commercial disputes. Its AI engine (powered by technology-assisted review and the CaseAssist analytics module) helps lawyers surface key documents, prioritize high-risk materials, and accelerate early case assessment. For corporate counsel, this means faster identification of contract breaches, internal communications relevant to governance or compliance issues, and documents responsive to SEC, DOJ, or state regulatory requests. A major differentiator is its FedRAMP-authorized security framework, offering enterprise-grade data protection for sensitive corporate records while still enabling efficient, defensible review workflows.

Final Note

While AI will never replace the judgment, negotiation skill, and strategic foresight that corporate lawyers bring to deals, it has become an essential partner in managing today’s fast-moving transactional landscape. From accelerating due diligence to strengthening compliance workflows, the right tools allow corporate legal teams to operate with greater precision and scale.

And just as these platforms transform document review and regulatory monitoring, Billables AI streamlines one of the most painful parts of corporate practice: time tracking. With automated capture, real-time prompts, and instant billing summaries, Billables AI helps deal lawyers record their work accurately—without interrupting deal flow.