LegalOn Technologies, Inc. (2017-present)

A LegalOn Technologies, Inc. (2017-present) is a multinational contract tech startup.

• Context:
  • It can (typically) produce LegalOn Tech Products, such as a LegalOn Platform (with LegalOn "AI Review", LegalOn "Assistant", ...).
  • It can (typically) have LegalOn Founders.
  • It can (often) have a LegalOn Tech Brand, with LegalOn Tech logos.
  • It can (often) have LegalOn Tech Investors, such as SoftBank, Sequoia China, and World Innovation Lab (WiL).
  • It can (often) have a LegalOn Technology Stack.
  • It can (often) have a LegalOn Website, such as: legalontech.jp [1], legalontech.com [2], and keiyaku-watch.jp [3].
  • It can (often) have a LegalOn Value Proposition.
  • ...
• Example(s):
  • LegalOn, 2024, with ~5,000 customers.
  • LegalOn, 2023, with ~3,000 customers.
  • LegalOn, 2022.
  • LegalForce, 2021.
  • LegalForce, 2020.
  • LegalForce, 2019.
  • LegalForce, 2018.
  • LegalForce, 2017.
  • ...
• Counter-Example(s):
  • Kira Systems,
  • LawGeex.
  • LexCheck, Inc..
  • Luminance,
  • Seal Software,
  • Evisort Inc.,
  • Harvey AI Corp..
  • Robin AI.
  • SpotDraft, Inc..
  • CaseText.
  • Onit.
  • Juro, Inc.
• See: Contract Review, Contract Management System, Workflow Automation, Contract AI System, Legal AI Chatbot.

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References

2024

• Perplexity
  • LegalOn Technologies is a leading provider of AI-powered contract review software for legal professionals. Here are some key details about the company:
  • Company Overview: LegalOn Technologies was founded in 2017 by two corporate lawyers with the goal of modernizing contract review by combining artificial intelligence with attorney expertise3. The company has grown rapidly and now serves over 5,000 customers globally, making it one of the largest and fastest-growing legal technology companies in the world7.
  • Product Offerings: LegalOn's core product is an AI contract review platform that enables legal teams to:
    • Review and redline contracts up to 85% faster than manual review1
    • Spot nuanced risks and issues in contracts using purpose-built AI3
    • Access over 50 pre-built playbooks for different contract types1
    • Customize the AI to align with specific risk preferences and negotiating positions5
  • Some key features of LegalOn's software include:
    • AI Revise: An AI-powered contract editing tool that can make sophisticated revisions in seconds6
    • Clause search and contract templates6
    • Collaboration tools for legal teams6
  • Technology Approach: LegalOn differentiates itself through:
    • Contract-specific AI trained on legal documents rather than general language models3
    • Integration of AI with practical recommendations from experienced lawyers3
    • Rigorous security standards, including SOC2 Type II certification3
    • Continuous evolution based on customer feedback and AI innovations3
  • Global Presence: LegalOn Technologies operates globally with:
    • Headquarters in Tokyo, Japan and San Francisco, USA7
    • Over 575 employees worldwide, including engineers and lawyers7
    • A new office in Tokyo that can accommodate up to 900 employees7
  • Leadership
    • Nozomu "Nozo" Tsunoda: CEO of LegalOn Technologies in Japan7
    • Daniel Lewis: CEO of LegalOn Technologies' US business7
  • Citations:

[1] https://www.legalontech.com
[2] https://en.legalontech.jp
[3] https://www.legalontech.com/ai-contract-review-software
[4] https://www.linkedin.com/company/legalon-technologies
[5] https://www.legalontech.com/solutions/ai-for-lawyers
[6] https://www.businesswire.com/news/home/20230424005246/en/LegalOn-Technologies-the-Global-Leader-in-AI-Contract-Review-Unveils-AI-Revise-Tool-and-Subscription-Plans-for-US-Customers
[7] https://www.legalontech.com/press-releases/legalon-achieves-growth-milestone-surpasses-5000-customers-globally

2024

• GPT-4 (Web)
  • NOTES
    1. LegalOn Technologies, Inc.:
       • Focus: AI contract review
       • Founded: Not specified
       • Headquarters: Operates globally with businesses in Japan and the US
       • Special Features: Trusted by over 4,000 companies worldwide, backed by $130M+ in global funding
       • Leadership: Daniel Lewis (CEO), Paul Drobot (Chief Sales Officer), Gabor Melli (VP of AI), Mike Contillo (Head of Product), Corey Longhurst (Head of Growth), Jeffrey Shimamoto (Head of Legal Content)
       • Website: [LegalOn Technologies](https://www.legalontech.com/about)2023a ===

2023a

• (LinkedIn, 2023a) ⇒ https://linkedin.com/company/legalon-technologies/about/
  • QUOTE: LegalOn Technologies is the global leader in contract review AI. Innovative lawyers and legal professionals at over 3,000 leading companies and law firms globally use LegalOn to review and negotiate contracts faster and more accurately. Founded in 2017 by two corporate lawyers, the company is backed by leading investors and has raised over $130M.
  • Company size: 45 on LinkedIn
  • Headquarters: San Francisco, California
  • Website: https://legalontech.com/
  • Founded: 2017
  • Specialties: AI, Legal, and Tech

2023b

• (LinkedIn, 2023b) ⇒ https://linkedin.com/company/legalontech/people/
  • May 2021: 52
  • Nov 2021: 64
  • May 2022: 84
  • Nov 2022: 111
  • May 2023: 126
  • Aug 2024: 175 associated members

2022a

• (Dewey B. Strategic, 2022) ⇒ https://deweybstrategic.com/2022/12/daniel-lewis-co-founder-of-ravel-law-joins-legalon-technologies.html 2022-12-01
  • QUOTE: ... LegalOn Technologies (“LegalOn”) a leading legal technology company from Japan, has announced its expansion into the United States and the appointment of Daniel Lewis as US CEO. ...

    ... According to the press release “[LegalOn] has built the world’s leading AI contract review solution for in-house teams and law firms. The company has over 3,000 law firm and law department customers, a team of 400 employees, $101M in recent funding. LegalOn was founded in 2017 by two corporate lawyers and the company is backed by leading investors.

     Nozomu Tsunoda, CEO is quoted in the press release: “We have over 3,000 customers, a team of 400 employees, $101M in recent fundraising, and now we’ve added an experienced executive, Daniel Lewis, to lead our US expansion.”

2022b

• (Crunchbase, 2023a) ⇒ https://crunchbase.com/organization/legalforce-japan 2022-09-17
  • QUOTE: LegalForce is an AI-powered contract management platform that provides contract review support services. The company uses and combines natural language processing and other technologies to offer functions that include reviewing contracts according to the type of agreement and detecting clauses that may be omitted or risky in addition to preventing omissions and oversights helping legal professionals to strengthen the system and improve the quality and efficiency of legal operations.
  • LegalForce was founded in 2017 and is headquartered in Toyosu, Tokyo, Japan.

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