February28 , 2024

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Today Lexion, the AI-powered contract management and operations workflow platform, introduced a new stand-alone suite of tools to transform the way businesses manage contracts. AI Contract Assist substantially reduces the time legal professionals spend on repetitive contract review and management tasks, and accelerates redlining and drafting with a GPT-powered legal copilot that puts the power of generative AI inside Microsoft Word.

Initially launched in 2022, Lexion’s AI Contract Assist was the first GenAI-driven legal tech software available in the market. While these features were previously available to users of Lexion's end-to-end CLM platform, they are now available to anybody who deals with contracts.

AI Contract Assist offers four distinct contracting features:

  • Review: Accelerates contract review by checking your contracts against predefined rules and playbooks. AI Contract Assist comes pre-loaded with five industry standard playbooks for common contract types, which can be easily edited, or new rules can be added from scratch. AI Contract Assist flags contract language that needs your attention and suggests redlines to bring it back into compliance.
  • Ask: AI Contract Assist allows you to ask questions – in colloquial language – and get detailed, customized answers specifically relating to your contracts.
  • Modify: AI Contract Assist generates redline recommendations based on your requests, to any language you select.
  • Add: AI Contract Assist generates new clauses from scratch, so you never have to start from a blank page again.

AI Contract Assist was specifically designed to address the most prominent pain points identified by hundreds of legal professionals in Lexion’s recent ‘The Current State of Legal Tech’ survey. Half or more of respondents indicated that ‘removing repetitive tasks,’ ‘completing work more quickly and efficiently,’ and ‘improving work product consistency’ are specific benefits that legal departments expect from using AI software going forward. AI Contract Assist’s features deliver against all three areas.

“Our team of attorneys and contract managers used to spend too much time on trivial tasks,” said Vi Duong, Vice President of Legal at Adswerve, Inc. “Lexion’s AI Contract Assist is leading the curve in terms of cutting-edge AI innovation; it’s head-and-shoulders above other platforms because it meets our attorneys and contract managers where they are today, using tools that they’re already familiar with. By integrating seamlessly into Microsoft Word, the learning curve is negligible while the time it saves us on tasks related to contract review is substantial.”

“We regularly engage with thousands of attorneys who work in dozens of different industries, from retail to healthcare to biotech,” said Emad Elwany, CTO and co-founder, Lexion. “Yet they all share common complaints when it comes to contract review. AI Contract Assist alleviates these pain points by handling many of the tasks typically assigned to junior legal professionals. Leveraging Lexion’s award-winning AI, AI Contract Assist is a significant advancement that frees up legal professionals to focus on higher-level tasks while still negotiating the best contracts in a fraction of the time – and we’re thrilled to make it available as a stand-alone.”

In addition to making AI-powered contract review available to more legal professionals, Lexion’s stand-alone AI Contract Assist also offers an easy path to incorporate the full power of Lexion’s CLM later, should they need a platform to handle end-to-end contracting.

To learn more about AI Contract Assist, please visit this URL.

About Lexion:

Lexion is a powerfully simple operations workflow platform that helps every team do more faster, by streamlining and centralizing the contracting process in a system that works the way you do. We built Lexion at Paul Allen’s artificial intelligence research institute, with an experienced team from Microsoft, Facebook, Google, and Amazon. Top AI investors (including A16Z, Sequoia, and Goldman Sachs) voted Lexion as one of the top 40 Intelligent Applications to watch in 2022. Most importantly, fantastic brands trust Lexion to help them close deals faster, such as Outreach, OfferUp, FOX Factory, and many more. Visit https://lexion.ai for more information.

Contact Information:
Forrest Carman
[email protected]
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Original Source: Lexion Launches Stand-Alone Version of ‘AI Contract Assist,’ Expanding Gen-AI Powered Contract Review to a Broader Audience


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AeroGuard Flight Training Center Selected by Air India to Train Pilots for the Airline’s Fly High Cadet Pilot Program

AeroGuard Flight Training Center, a renowned global leader in professional ab initio flight training, is proud to announce its selection by Air India to train the Indian flag carrier’s student pilots within its Fly High Cadet Pilot Program. This agreement demonstrates a significant milestone for AeroGuard and Air India as the two organizations share a commitment to high-quality flight training and supporting the growing airline industry in India. 

Within this new partnership, AeroGuard will train the next generation of pilots for Air India through a custom-developed course where students will obtain FAA licenses ready for DGCA conversion. Through AeroGuard’s high-quality curriculum, experienced instructors, expansive training facilities and capacity, AeroGuard will play a pivotal role in supporting the world-class airline’s aggressive growth plans. Following Air India recruitment and screening, pilot cadets will complete Ground School in India before training at AeroGuard’s flagship Phoenix, Arizona, campus that offers an ideal flight training environment with 350+ VFR days a year, extensive local airspace, and consistent student support. 

To support this high demand for its training, AeroGuard has been expanding its capacity and plans to train up to 2,000 student pilots across its three U.S. campuses. As part of this growth, AeroGuard recently placed a 90 aircraft order with Piper Aircraft, significantly increasing their current fleet of 100 planes, alongside plans to add a further 25 planes throughout 2024. Additionally, AeroGuard maintains a current population of 200+ instructors, with an additional 600+ U.S. students training to be instructors, as part of their path to 1,500 Hours for airline employment in the U.S.

AeroGuard Flight Training Center’s CEO Joel Davidson stated, “AeroGuard is honored to be selected by Air India as their preferred flight training provider for their Cadet Pilot Program. This partnership not only validates our commitment to delivering exceptional training for leading airlines worldwide, but also demonstrates our dedication to supporting the growth of the aviation industry in India. AeroGuard is excited to contribute to the success of Air India’s future pilots and establish long and successful careers for hundreds of student pilots.” 

As a leading airline in the rapidly expanding travel industry in India, this is a significant leap towards ensuring a consistent skilled pool of next-generation cadets and bridging the First Officer gap. By partnering with institutions like AeroGuard, Air India seeks to maintain stringent quality standards for cadet training while proactively securing future talent pipelines. Embracing its role as a pivotal player in India's thriving travel industry, Air India has embarked on a transformative journey. As the airline gears up for expansion, the demand for skilled pilots is poised to surge. AeroGuard's distinguished curriculum has been meticulously crafted to equip cadet pilots with the requisite skills, knowledge, and confidence to fulfill Air India's ambitious plans.

About AeroGuard Flight Training Center: 

AeroGuard Flight Training Center is a global leader in ab initio flight training with three U.S. campuses. Each location offers accelerated commercial pilot training programs to candidates from all over the world. With a commitment to safety and student success, AeroGuard’s high-quality training has established airline-ready cadets for over 20 years with more than one million flight hours of training experience and graduating over 7,000 cadets. 

Contact Information:
James Constable
Chief Marketing Officer
[email protected]

Original Source: AeroGuard Flight Training Center Selected by Air India to Train Pilots for the Airline’s Fly High Cadet Pilot Program