Toronto-based legal AI company Spellbook has launched Autonomous Contract Management, a new system designed to manage contracts across the full lifecycle, from intake and review to storage, search, renewal tracking, and post-signature risk monitoring. The company says the launch marks a shift from traditional contract lifecycle management tools toward AI systems that can actively perform […]
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Spellbook Launches $1 Million Fellowship Fund for Law Students Building the Future of Legal Work
Canadian legal AI company Spellbook is putting $1 million behind the next generation of legal innovators. The Toronto-headquartered company has announced the Spellbook Legal Fellowship Fund, a new initiative designed to support law students working at the intersection of legal practice, systems thinking, and technology. The fund will back students who want to tackle what […]
Spellbook Taps Former Shopify CTO For AI-Native Leadership Role
Toronto-based legal AI company Spellbook has added former Shopify and Atlassian chief technology officer Jean-Michel Lemieux to its team as it looks to scale its contract automation platform for the AI era. Lemieux has joined Spellbook in the newly created role of Executive Individual Contributor, a position the company says is designed for AI-native companies […]
What Counts as ARR in Legal AI?
As legal AI companies scale and raise capital, a familiar metric is coming under new scrutiny: annual recurring revenue. A recent discussion, sparked by Spellbook CEO Scott Stevenson and explored in depth by Richard Tromans of Artificial Lawyer, is raising questions about what “recurring” actually means in the context of modern legal AI businesses. At […]
Spellbook Wins Rocketship Award at Built in Canada Awards
Toronto-based legal AI company Spellbook is scaling fast—and now has the national recognition to match. At the inaugural Built in Canada Awards, held last night at the Toronto-Dominion Centre, Spellbook’s Scott Stevenson took home the Rocketship Award, recognizing the fastest-growing Canadian company scaling at an extraordinary pace. The honour places the legaltech startup alongside a […]