Lexion
AI-powered contract management for faster deals and smarter legal operations.
Executive Summary
Lexion is an AI-driven contract lifecycle management (CLM) platform designed for in-house legal teams and business stakeholders across sales, procurement, finance, and HR. It centralizes contract data, automates workflows, and applies advanced AI to extract key terms, organize agreements, and enable rapid search and reporting. The platform delivers significant business value by accelerating deal cycles, reducing manual review time, improving compliance, and providing critical visibility into renewals and obligations.
Use Cases
- Accelerating contract review and redlining processes.
- Automating contract drafting and generation using AI.
- Centralizing and organizing all legal agreements in a searchable repository.
- Tracking and managing contract renewals, expirations, and obligations.
- Streamlining legal intake and task management for in-house teams.
- Improving compliance and audit readiness by enforcing playbooks and providing audit trails.
- Accelerating deal cycles for sales, procurement, and finance teams.
Features
Visibility
- Centralized Contract Repository: A single source of truth for all contracts, organized and easily accessible with AI-powered indexing.
- Advanced Natural Language Search: Quickly find specific contracts, clauses, or terms using natural language queries across the entire repository.
- Real-time Workflow Tracking: Monitor the status of all legal requests and contract workflows from a centralized dashboard, with instant visibility into progress and bottlenecks.
- Key Date and Obligation Tracking: Automated reminders and tracking for critical dates such as renewals, expirations, and contractual obligations to prevent missed deadlines.
Intelligence
- AI Contract Assist: GPT-powered legal co-pilot for accelerating contract review, redlining, and drafting directly within Microsoft Word, checking against playbooks and generating new language.
- Automated Key Term Extraction: AI automatically identifies and extracts over 120 key data points and clauses from contracts, regardless of format.
- No-Code Workflow Automation: Easily design and implement custom, scalable workflows for contract intake, approvals, and signatures without requiring IT support.
- Intelligent Intake and Triage: Streamline the process of receiving and prioritizing legal requests, converting emails or form submissions into actionable tasks.
Support
- Dedicated Customer Support: Access to support channels for assistance with platform usage and issues.
- Implementation Guarantee: Ensures a smooth and successful onboarding process, including migration of legacy contracts.
- Training and Resources: Provides resources like videos, customer stories, webinars, and a blog to help users maximize platform utility.
Technical Specifications
- Architecture
- Cloud-native SaaS
- Deployment
- Cloud/SaaS
- Authentication
- SSO, SAML 2.0
- API Available
- Yes
- MCP Server
- No
AI/ML Stack
- NLP
- Machine Learning
- Deep Neural Networks
- Large Language Models
- Weak Supervision
- Transfer Learning
- Table Understanding
- Machine Teaching
Integrations
- DocuSign
- Google Drive
- Dropbox
- Email (inbox/intake workflows)
- SSO/IdP providers (SAML)
Security & Compliance
Certifications: SOC 2 Type II, ISO 27001
Encryption: AES-256 at rest, TLS with 256-bit encryption in transit
Pricing
- Model
- Subscription-based
- Starting Price
- Contact sales
- Target Customer
- Mid-market to Enterprise
- Contract Type
- Annual
- Free Trial
- Yes, Custom demo (credit card required)
About Lexion, Inc.
Lexion, now part of DocuSign, offers an AI-powered contract lifecycle management (CLM) platform that assists legal and operations teams in drafting, reviewing, negotiating, and managing agreements. It leverages machine learning to extract key terms, organize obligations, and streamline workflows for faster deals and smarter legal operations.