Wilson Launches Public Access to ‘Cursor for Contracts’ – Artificial Lawyer

Wilson, a UK-based legal tech startup and which calls itself the ‘Cursor for contracts’ referring to the AI code-writing platform, has publicly launched its own AI platform for contract work.

It’s aimed at inhouse legal teams and provides ‘an AI-powered editing experience with near-perfect Microsoft Word feature parity’, they said. This covers:

redlining that flags key risks and edits wording based on legal stance, instant term extraction for due diligence and risk assessments,

rapid Q&A functionality that answers contract questions with verifiable citations,

and comprehensive legal research across multiple documents and jurisdictions.

They got going last summer and the co-founders are Gus Neate and Alex Wang, who met at Entrepreneurs First, after working at Clifford Chance and in quant finance at D.E. Shaw respectively.

So far they’ve raised $1.7m and have been working with customers to refine the product. They added that they have won competitive pilots against well-funded competitors, ‘with Wilson beating out legacy legal tech tools that had raised $165m and $70m respectively’ they claimed.

All well and good, but you may then well say: ‘Another redlining tool? Another AI-based contract assistant? What is different here?’ And in the current market that is fair. Artificial Lawyer asked Wilson’s co-founder Neate how their product stands out, especially relative to what can be done in Word already, which it’s designed to work hand-in-glove with.

Neate commented: ‘The key difference between Wilson and Word is that Wilson is exceptionally good at handling workflows that require generating tracked changes amendments across multiple documents. Things like having a full pack of board documents appropriately updated using a single prompt. Or comparing and updating key positions semantically across two sets of shareholders’ agreements and articles. 

‘The advantage of Wilson looking like Word is lawyers find it very intuitive, so it is super easy to get started. As a platform, Wilson goes even further for lawyers’ core flows being able to:

carry out legal research from trusted sources;

translate full documents; and

answer questions across large, messy document corpuses including citations.

We’re continually specialising Wilson to transactional lawyers needs and teams find using the prompt library, they can get amazing outputs fast.’

So, there you go. There is of course only one way to find out….and that’s to give it a go.

You can find more about Wilson here.

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