"ClearyX has built software for corporate due diligence and contract analysis, its core legal services. Clients can license it on its own or use it when they hire ClearyX to work on a deal."
"The whole genesis was let's get out ahead of it. Let's build the thing that's likely to compete with us, said ClearyX CEO Carla Swansburg."
"Many in-house legal teams were testing AI tools like Claude or Copilot, but getting from a raw model to something useful for legal work still took a lot of effort."
ClearyX, a subsidiary of Cleary Gottlieb, has developed software aimed at enabling clients to handle more legal tasks themselves, thereby reducing the need for outside counsel. The software focuses on corporate due diligence and contract analysis, allowing clients to license it independently or in conjunction with ClearyX's services. The initiative responds to client demands for more efficient legal tools and aims to adapt to the changing landscape of legal work, where automation is becoming increasingly prevalent.
Read at www.businessinsider.com
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