Gavel Exec for corporate lawyers at a glance
- Built for
- Corporate and M&A lawyers at firms and on in-house deal teams
- Documents
- Purchase agreements and disclosure schedules, stockholder agreements and limited liability company (LLC) operating agreements, financing documents and ancillary agreements
- Checks against
- The letter of intent or term sheet you upload, your precedent and playbooks, and market terms for M&A deal documents
- Works in
- The Microsoft Word add-in, plus the web app at exec.gavel.io for Batch Analysis and Market Benchmarking
- Price
- 25 free queries per user, then $160 per user per month
What can Gavel Exec do for corporate and M&A lawyers?
Gavel Exec uses artificial intelligence (AI) to take the first pass on deal documents in the Word draft you are already negotiating. It redlines a purchase agreement for the side you represent, flags terms that don't match the term sheet or letter of intent you upload, checks governance and financing documents against your precedent, and drafts the provisions you need. Each redline comes with its reasoning.
In Litera's survey of 300 legal professionals at firms with M&A practices, run with the American Bar Association's Technology in M&A Subcommittee, firms said they use AI-based technology on about half (51%) of their M&A engagements, and contract review (30%) was the top use case respondents saw for generative AI.
Which corporate documents can Gavel Exec review?
Corporate documents, what to check and how Gavel Exec helps| Document | What to check | How Gavel Exec helps |
|---|
| Stock or asset purchase agreement | Purchase price and adjustments, representations and warranties, indemnification caps and baskets, the material adverse effect definition, closing conditions | Redline Document for the buyer or the seller; Market Benchmarking for M&A deal documents |
|---|
| Letter of intent or term sheet | The agreed deal terms the definitive agreement should track, unless the parties have since renegotiated them | Upload it in Chat or keep it in the matter's Project |
|---|
| Disclosure schedules | Whether each schedule matches the representation it qualifies | Chat, with the purchase agreement attached |
|---|
| Stockholder agreement or LLC operating agreement | Transfer restrictions, drag-along and tag-along rights, voting and consent thresholds, information rights | Use a Playbook; Redline Document |
|---|
| Financing documents, such as convertible notes, simple agreements for future equity (SAFEs), investor rights agreements and credit agreements | Conversion and valuation terms, covenants, events of default | Redline Document; Chat with the term sheet attached |
|---|
| Ancillary agreements, such as transition services, escrow and intellectual property assignments | Consistency with the purchase agreement | Chat, with the purchase agreement attached |
|---|
How do you check a purchase agreement against the term sheet or letter of intent?
Upload the letter of intent (LOI) or term sheet in Chat, or keep it in the matter's Project, and ask Gavel Exec to list every term in the draft that differs from it. Typical catches include an indemnification basket set at 1% of the purchase price when the LOI agreed 0.5%, or a tipping basket where the LOI agreed a true deductible. To look for protections the draft leaves out, run Find Missing Terms with sample documents you provide as the baseline. For how this check works on any agreement, see contract risk analysis.
Can Gavel Exec redline from your side of the deal using your precedent?
Yes. Choose Redline Document, enter the party you represent, set the negotiation style and pick the jurisdiction. Attach your precedent agreement or keep it in the matter's Project. When you upload a prior executed agreement to a Project, drafts take on its defined terms and clause structure. For positions you take on every deal, build a playbook with Generate from Files, or check whether one of the built-in playbooks, developed with attorneys in corporate and real estate law, fits your deal.
How do you know if a deal term is on-market?
Market Benchmarking in the web app marks each provision of an M&A deal document on-market, off-market or missing for the jurisdiction, industry and company size you choose, with suggested language where a change would bring it in line. Practicing deal attorneys help benchmark the software. Market Benchmarking is not available in the Word add-in; see commercial contract review software for the full benchmarking workflow.
How do you review a stack of target contracts in diligence?
Use Batch Analysis in the web app. It puts each document in a column and each term you want to compare in a row, such as change of control, assignment, exclusivity or term. Auto-detect fields suggests the rows, clicking a cell shows the source language, and you can export the grid as a comma-separated values (CSV) file. Draft Analysis then writes a memo with citations back to each document.
What results do corporate lawyers report?
Omar Nakadi, Legal Counsel at a regulated financial services firm, used Gavel Exec on a multi-party shareholder agreement with voting and non-voting share classes and reports up to 60% less review time per contract. Read Omar’s story
What should a lawyer still check?
Redlines appear in the Gavel Exec panel first, each with its priority and reasoning, and go into the document only when you apply them. Each applied change appears in the draft as a tracked change you can keep, edit or reject. Read each flagged clause against the deal and your client's goals before you rely on it, and confirm disclosure schedules against the diligence record.
The American Bar Association's Formal Opinion 512 (July 29, 2024) applies the duties of competence, confidentiality and client communication to lawyers' use of generative AI and expects lawyers to review AI output for accuracy.
Is contract data secure in Gavel Exec?
Gavel Exec is SOC 2 (System and Organization Controls 2) Type II certified. Gavel has Zero Data Retention agreements with the AI model providers it uses, including OpenAI, and does not use customer data, prompts or documents to train AI models. Details are on the Gavel security page.
Over 2,000 legal organizations in 28 countries use Gavel, which is part of Relativity.
How much does Gavel Exec cost?
Each user starts with 25 free queries, with no credit card. Paid plans cost $160 per user per month, or $1,740 per user per year, and include 1,000 queries per user per month. Teams of 10 or more seats get discounted pricing. See Gavel Exec pricing, start free or request a demo.
Frequently asked questions
Can AI review a stock or asset purchase agreement?
Yes. Run Redline Document with the buyer or the seller as the party you represent. Gavel Exec proposes priority-ranked redlines with reasoning that you apply as tracked changes, and Market Benchmarking in the web app compares provisions with market terms for M&A deal documents.
Can Gavel Exec help with disclosure schedules?
Yes, through Chat. Attach the purchase agreement and the schedules and ask Gavel Exec to check each schedule against the representation it qualifies, then confirm the result against the diligence record.
Does AI replace junior associates?
No. Gavel Exec drafts first passes and issue lists that an associate or partner reviews, and the lawyer decides which tracked changes to keep. The American Bar Association's Formal Opinion 512 expects lawyers to review AI output.
Can Gavel Exec draft governance documents?
Yes. Generate Draft writes full documents and single provisions from your description, in the tone and jurisdiction you choose. A Project can hold your firm's prior agreements so drafts follow their defined terms and structure.
Which deal documents does Market Benchmarking cover?
Its coverage includes mergers and acquisitions deal documents, along with master services, software-as-a-service, nondisclosure and employment agreements and real estate leases. It runs in the web app.
Last updated October 29, 2026.
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