LexCheck Launches AI Contract Negotiation Division for the Financial Services Industry

LexCheck’s Artificial Intelligence (AI) powered contract negotiation platform is transforming contract negotiations for many of the world’s largest enterprises

May 18, 2021, New York City, NY/Legal Newswire/ —LexCheck, a global FinTech offering the world’s only AI-Powered Contract Negotiation Platform providing near-instantaneous attorney-quality redlining and guidance for virtually all business agreements while ensuring compliance with organizational playbook guidance, today announced a significant business expansion.  LexCheck has established a new, dedicated Financial Services division to deliver AI-powered contract negotiation to the world’s leading professional and financial services clients.

“We have been blown away by the runaway growth and appetite for LexCheck in the Financial Services industry,” said Chief Revenue Officer, Mike Alford.  “It has been a top priority of ours for some time now to find a strong leader to head our new Financial Services Division,” added Alford.  “LexCheck is thrilled to be joined by Thomas Dawber, a legal technology services rockstar for financial services in the alternative legal managed services market, and we have high expectations for the growth of LexCheck’s business across the industry under his leadership.”

The new division will serve as LexCheck’s hub for all sales and delivery support for the Financial industry. This division is the first expansion fully dedicated to a specific vertical industry for LexCheck as it continues to grow its portfolio of large global enterprises both in and outside of financial services.  More information on LexCheck’s Contract Negotiation Platform and proprietary AI Digital Playbook Framework can be found here.

About LexCheck

LexCheck is transforming the way corporate legal works by employing AI to entirely automate the process of an in-house attorney’s review of common contract agreements.  Employing state-of-the-art AI technology, LexCheck can completely replace the need for human review of commonly executed agreements.  LexCheck does not just negotiate an agreement as an experienced attorney would; LexCheck negotiates an agreement the same way a given company’s in-house attorney would, adhering to the company’s own internal negotiation playbook and best practices.  LexCheck is the world’s most effective AI-based contract negotiation solution, delivered by qualified legal professionals who work closely with their clients to incorporate the client’s own unique negotiating positions into the LexCheck AI.  For more information, visit www.LexCheck.com.