LawVu Buys ClauseBase For Contract AI Expansion

LawVu, a New Zealand-based legal ops platform for inhouse teams – but which operates globally, has bought Belgian contract AI business ClauseBase.

The Belgian company, with a strong focus on drafting, will be rebranded as LawVu Draft, and at the same time the Kiwi business has also launched LawVu Lens, an AI-powered contract analysis engine built directly into the LawVu platform.

As for ClauseBase, it was founded in 2019 by Maarten Truyens, who later was joined by Senne Mennes and Robbert Jacobs, both of whom also worked as lawyers in international law firms. All three have shared the same passion for transforming the legal drafting and negotiation process, they said.

Fundamentally the move creates a more holistic, and one might say CLM-style offering, for LawVu by adding a narrow AI contract tool into LawVu’s broad matter management capabilities.

The move makes a lot of sense in this regard, as there are now a growing range of vendors offering contract review as well as connected AI skills to inhouse teams. The deal should therefore elevate the value proposition that LawVu can provide.

You can see an AL TV video of key LawVu features here.

And an AL TV video of ClauseBase and its ClauseBuddy capability is here:

Sam Kidd, CEO of LawVu, commented: ‘The addition of LawVu Draft and LawVu Lens reinforces our vision for a more strategic, embedded approach to legal AI. We’re empowering legal teams to accelerate deal cycles and proactively manage risk, while optimizing external counsel spend — elevating the legal function to an essential strategic partner, and ultimately driving better business outcomes.’

Here are some more details about LawVu Draft (formerly ClauseBase)

• ‘LawVu Draft is a complete, AI-powered toolbox for drafting and reviewing contracts. It enables in-house legal teams to create, redline, and refine agreements in minutes, not hours — all from inside Microsoft Word.
• Standard templates and preferred clauses: Generate and re-draft contracts faster, and reuse clauses for speed and consistency.
• AI-assisted contract reviewing: Automatically detect risks, issues, and red flags to improve accuracy and speed up review cycles.
• Searchable clause library and document-comparison: Institutional  knowledge is captured and reused consistently across the organization to reduce rework and errors.’

And the new LawVu Lens offers an ‘always-on contract analysis service embedded in [the platform] that automatically reads, structures, and surfaces key clauses and data, giving teams total control of contracts at scale’

It can be used for ongoing contract management, as well as reviews for urgent or ad hoc queries such as data breaches, M&A due diligence, legislative changes and audits, they added.

Congrats to all involved.

More about LawVu here.

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Main pic: the two teams ahead of the merger.