Frequently asked questions. Answered briefly.
What transactional lawyers, legal tech teams and M&A teams want to know before deploying Lextract.
What the Lextract AI platform does.
What is Lextract?
The AI platform for M&A legal due diligence. Lextract opens up the data room, identifies red flags and turns them into deal intelligence, through to the finished DD report.
What does deal intelligence mean?
Ordered, source-based knowledge about a deal: findings, register data, summaries and open points, each with the passage it came from.
Further questions
Are uploaded documents analysed automatically?+
Which documents does Lextract recognise?+
What does Lextract not find?+
Your data room stays with you.
Do we have to change our VDR?
No. You keep your VDR and connect it, or you use Lextract itself as a secure data room.
Further questions
Which data rooms are supported?+
What happens if a document is filed in the wrong place?+
What is the difference between the data room and a chat upload?+
Sign-off stays with your team.
Can findings be evidenced?
Yes. Every finding comes with the passage it came from, down to clause and paragraph. One click takes you there.
Does Lextract change anything on its own?
Only with your approval. Every change stays visible.
Further questions
What is the analysis based on?+
Can Lextract review to our standards?+
Does every data room stay isolated?+
Six European registers, cross-checked.
Company registers from six European countries. The data is retrieved automatically for every relevant group company and cross-checked against the data room.
The report comes in your format.
How is the report structured?
Per workstream, with report, executive summary and annex, built from the findings.
Will the report come in our format?
Yes. You store structure, headings, style and branding; the export runs as a Word document.
Is the report final?
Lextract produces the draft report. Review, legal assessment and sign-off rest with your team.
What happens to client data.
Does Lextract train on client data?
No. Neither for model training nor to improve the service for other clients.
Further questions
Where is the data hosted?+
Is deployment permissible under § 43e BRAO?+
What happens to the data when the project ends?+
Your question is not here?
Write to us and we will answer within one working day.