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Transactional lawyers are turning to AI tools to draft, review, and manage contracts faster and more accurately than ever before. In this guide, we break down the top AI tools lawyers are using today, and how they help firms deliver high-quality work with greater efficiency.
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The legal industry, traditionally cautious with new tech, is now rapidly embracing AI to enhance efficiency in corporate and transactional practice. In fact, AI adoption in law firms skyrocketed from 19% in 2023 to 79% in 2024, signaling that even conservative legal teams are jumping on the AI bandwagon. For mid-sized law firms handling corporate transactions, AI tools can automate routine tasks, analyze complex documents, and free up lawyers to focus on high-level strategy and client service. This article explores the top AI tools lawyers are using in 2025, especially those tailored for transactional attorneys. From contract review and drafting assistants to practice management AI, this is how they help corporate lawyers work smarter and faster.
Gavel Exec is an AI-powered legal assistant built specifically for transactional attorneys and works seamlessly inside Microsoft Word - helping with contract analysis, redlining, negotiation, and drafting.
It functions like a “senior associate” in Word, helping lawyers draft, revise, redline, and analyze transactional documents with ease. Unlike many simple “ChatGPT in Word” plugins, Gavel Exec uses proprietary AI agents that consider the full context of your document (including defined terms, deal documents, and firm guidelines) before suggesting edits. This context awareness leads to highly relevant contract revisions and a high acceptance rate of its suggestions, especially for redlines. In other words, the tool isn’t just autocomplete; it’s making intelligent, legally informed edits that match your firm’s style and standards, which is why so many lawyers have found it to be powerful.
Key Features of Gavel Exec:
Why it’s great for transactional lawyers: Gavel Exec meets lawyers directly in their workflow (right in Word), so you don’t have to switch apps or copy-paste text elsewhere. It’s designed to tackle the nitty-gritty of contract negotiation – from detecting subtle risks in an agreement to suggesting alternative wording that aligns with market norms. By using Gavel Exec, mid-sized firm attorneys can punch above their weight, handling contract reviews and edits with a speed and precision that impresses clients. And unlike some enterprise AI tools, it’s very accessible – you can try it without a lengthy sales process. Anyone can get started instantly, with a free trial (15 AI runs included) to see its impact first-hand. If boosting your contract workflow efficiency is a priority, Gavel Exec is a must-try AI assistant.
Casetext’s CoCounsel (now part of Thomson Reuters) is an AI legal assistant that has become an indispensable partner for many lawyers in both litigation and corporate practices. Built on a secure implementation of OpenAI’s GPT-4, CoCounsel can perform a range of tasks: it expedites legal research, scouring case law or regulations; it helps draft documents faster (from memos and briefs to contracts); and it can analyze contracts or other documents with precision. All queries and data are handled securely, so confidential information stays protected.
Key benefits of CoCounsel include:
Another advantage is customization – firms can adapt CoCounsel to their practice needs and jurisdictions. This means the AI’s output can be tuned (within bounds) to be more useful for, say, California corporate law versus New York, or to follow certain style guidelines. In summary, CoCounsel is a powerful general-purpose legal AI that augments a lawyer’s capabilities across research, drafting, and review, making it a popular choice for firms adopting AI.
LexisNexis, one of the giants of legal research, has introduced Lexis+ AI, which represents a quantum leap in how attorneys conduct legal research. This tool combines Lexis’s vast library of cases, statutes, and secondary sources with cutting-edge AI. Lawyers can pose complex legal questions in plain English and receive precise, context-aware answers drawn from authoritative sources. In other words, Lexis+ AI acts like a smart research librarian that understands your question and fetches the exact legal points you need.
Notable features of Lexis+ AI include:
By combining reliable legal data with AI, Lexis+ AI gives transactional lawyers a research and drafting edge. You can quickly get up-to-date answers on corporate law questions, check your work against a database of thousands of precedents, and generate initial drafts – all on one platform. This tool underscores how AI can enhance the quality and speed of legal analysis for corporate attorneys.
Harvey is a buzzy AI platform that gained notoriety as a GPT-powered “lawyer AI” for elite law firms. For transactional lawyers, Harvey can serve as an intelligent assistant that analyzes contracts, conducts due diligence, and even helps with legal research and drafting, all through natural language interactions, and uses OpenAI's AI models.
What makes Harvey notable:
Harvey is currently used at some top firms as a pilot and is expensive, but worth trying to benchmark against others if you have a budget.
Not all legal AI is about substantive law – some of it greatly eases the administrative and operational side of running a law practice. Clio Duo is an AI add-on to the popular Clio practice management platform, and it’s designed to streamline law firm operations for busy lawyers. Powered by Microsoft’s Azure OpenAI (GPT-4) technology, Clio Duo acts like an administrative assistant that can automate routine tasks and help manage your day-to-day schedule and communications.
How Clio Duo helps transactional lawyers and their firms:
By incorporating Clio Duo, mid-sized firms can handle many back-office tasks with less human effort, reducing overhead and response times. Transactional lawyers benefit by being able to focus more on negotiating and advising, while the AI handles the firm management stuff in the background. It’s a great example of AI not only improving legal work but also improving how lawyers run their business.
MyCase is another widely used practice management platform (often favored by small to mid-sized firms), and it has integrated AI features to help lawyers be more efficient. The AI capabilities in MyCase target some of the most time-consuming administrative chores and provide insights into practice operations. For transactional attorneys, especially at smaller firms, these tools can be a quiet productivity booster.
Some AI-driven features of MyCase:
For transactional lawyers juggling multiple deals and clients, these MyCase AI enhancements act like a support staff behind the scenes. They ensure that administrative tasks (like filling out forms, tracking time, and managing inboxes) don’t eat into your day. Instead, you can devote more attention to substantive tasks like deal negotiations or client advice. Moreover, the data-driven insights can highlight inefficiencies in your workflow, allowing continuous improvement. In sum, MyCase demonstrates how AI can modernize a law firm’s operations on the administrative side, complementing the legal work being done.
See how estate planning attorneys use AI in doing their legal work. Use AI like Gavel Exec directly in Microsoft Word to streamline trust reviews, redline outdated clauses, and deliver clear, client-friendly updates. This article outlines five practical use cases with real-world prompts to help lawyers modernize their estate planning workflow using AI.
This guide offers practical, step-by-step best practices for using Gavel Exec, Gavel's AI assistant in Microsoft Word. You can review, redline, and negotiate contracts more efficiently. Whether you're drafting in Chat, creating reusable Playbooks, or managing more complex Projects, the guide walks you through how to structure prompts, use context files, benchmark clauses, and train the tool to reflect your preferences. We're written this specifically for transactional lawyers using legal AI in their practice.
Use Gavel Exec's legally-trained AI to draft and redline faster than ever — right in Microsoft Word.