AI Magazine May 2026 Issue 42 | Page 38

SPELLBOOK
TOP 10 – AI TOOLS FOR LEGAL TEAMS

10

Spellbook
WATCH NOW Spellbook raises $ 50m

SPELLBOOK

CEO: SCOTT STEVENSON FOUNDED: 2020 HEADQUARTERED: TORONTO, CANADA SERVICES: CONTRACT DRAFTING AND REVIEW
is a contract drafting and review tool built as a Microsoft Word add-in. It uses large language models, initially GPT-4, to suggest contract language, identify missing clauses and speed up first-draft generation. The tool is aimed primarily at small and mid-sized law firms, supporting standard commercial contract types including NDAs, service agreements and employment contracts. Its feature set is narrower than enterprise platforms, focused on a single workflow rather than end-to-end legal operations.
Scott Stevenson CEO Spellbook