AI-powered contract parsing, clause risk assessment, and legal redlining. Benchmark terms against thousands of transactional standards and receive custom, compliant edits instantly.
Configure parameters and click "Analyze Contract Risk" to run Lexacore's parsing engine.
ContractIQ is Lexacore's AI-native contract review, clause risk detection, and legal redlining engine engineered specifically for Indian commercial agreements. Operating under the statutory framework of the Indian Contract Act, 1872, the Specific Relief Act, 1963, and the Digital Personal Data Protection (DPDP) Act, 2023, ContractIQ analyzes high-stakes agreements in seconds to identify asymmetric liabilities, void restraints, and missing protective covenants.
Ingests .docx and .pdf agreements, extracting definitions, cross-references, schedules, and annexures into a structured contract graph.
Audits each provision against 15+ statutory risk models: uncapped indemnities, one-sided termination, void post-term non-competes, and missing DPDP covenants.
Generates institutional replacement clauses aligned with Indian Supreme Court jurisprudence (e.g. Kailash Nath Associates on liquidated damages).
Saves redlined versions directly to the zero-knowledge encrypted Legal Vault with immutable version histories and timestamped audit logs.
Standard AI contract tools trained exclusively on US/UK law frequently miss critical Indian statutory nuances. ContractIQ is benchmarked against:
Under Section 27 of the Indian Contract Act 1872, post-termination non-compete covenants are void ab initio. ContractIQ flags void restrictions and substitutes valid non-solicitation language.
Blanket indemnity clauses without monetary caps create uncapped commercial exposure. ContractIQ injects standard 12-month trailing fee liability caps.
Evaluates vendor MSAs for mandatory technical safeguards, breach notification SLAs within 24 hours, and post-termination digital personal data erasure.
Identifies domestic arbitration seats under the Arbitration & Conciliation Act 1996 and alerts parties to state stamp duty requirements (Section 35 Indian Stamp Act).
Accelerate procurement reviews, enforce standard negotiation playbooks, and clear contract backlogs without expanding headcount.
Empower junior associates with instant first-pass contract audits, automated cross-referencing, and standard statutory redlines.
Pre-screen enterprise customer MSAs, vendor agreements, and investor term sheets before spending ₹10,000–₹50,000 on outside counsel fees.
ContractIQ is an institutional intelligence tool designed to augment legal professionals and business teams. It performs first-pass risk screening, clause extraction, and benchmarking. In compliance with the Advocates Act, 1961, ContractIQ does not provide formal legal representation or establish an attorney-client relationship. All critical transactional agreements should receive final verification from qualified legal counsel prior to binding signature.
Instant single-clause statutory exposure analyzer.
FREE TOOL NDA Generator & Studio →Mutual and unilateral NDAs with state stamp duty.
ROI BRIEFING Lexacore vs Law Firms →Interactive legal ROI and cost comparison calculator.
SECURE STORAGE Legal Vault →Zero-knowledge AES-256 encrypted document repository.