Spellbook
AI contract review and drafting in Word, now with contract management
Overview
Spellbook is a Toronto legal-AI company whose Microsoft Word add-in reviews, drafts and redlines contracts against a team's playbooks. Its Associate agent handles multi-document matters, and Autonomous Contract Management, generally available since October 2026, runs contracts from intake to renewal. Pricing is quoted per team member.
Pricing
Pricing shown for reference only. These figures reflect RECATOOLS research as of 14 Oct 2026 and may be out of date or incomplete. This is not financial or purchasing advice — always confirm the current price on the provider’s official website before making any decision.
- Spellbook Suite (Word Add-In and Associate)
- Group training sessions
- Online customer support
- Dedicated support for teams over 10
- Spellbook Suite (Word Add-In and Associate)
- Team training sessions and online support
- Playbook build service
- Dedicated support for teams over 10
Use cases
What you can produce with Spellbook
- Contract review and redlines inside Microsoft Word, run against a team's playbooks
- Clauses, full agreements and revisions drafted from AI or the team's own precedents
- Answers and market benchmarks about the contract in front of you
- Multi-document legal matters worked through by the Associate agent
- Contract intake from email and Slack with an automatic first-pass review
- A searchable repository of signed contracts that flags renewals and new risks
Spellbook suits transactional lawyers and in-house teams who live in Microsoft Word: review, drafting and playbook checks happen in the document, and the new Autonomous Contract Management extends that to intake, approvals and a monitored repository. Well-funded and growing fast by its own account, it is also preparing to buy competitors.
Prices are not published, so expect a sales conversation, and every output still needs a lawyer's check. The product follows common-law contract conventions, so ASEAN teams working under local law or in other languages should test it on their own paper during the seven-day trial.
What we found
Spellbook is a contract drafting and review assistant that runs as a Microsoft Word add-in, built by the company once called Rally. Rally started in St. John's, Newfoundland, and was Toronto-based by the time Spellbook launched on 1 September 2022 as an early legal tool on OpenAI's GPT-3; the company later took the product's name. Its terms name two contracting entities: Spellbook US Inc. for US customers and Dialog Enterprises Inc., a Canadian federal corporation, for everyone else.
The Word add-in covers review, drafting, questions about a document, market benchmarks and playbooks that store a team's review rules. Associate is an agent for matters spanning several documents. On 7 October 2026 Spellbook made Autonomous Contract Management generally available after an early-access release in June. It pulls requests in from email and Slack, runs a first-pass review against the team's standards, tracks versions and approvals, and files signed contracts in a searchable repository that watches for renewals. Spellbook calls this the first AI system to run contracts end to end; that is its own description. Connectors cover iManage, SharePoint, OneDrive, Google Drive and Dropbox.
The money is well documented. Bloomberg Law reported a $50 million round led by Keith Rabois of Khosla Ventures in October 2025 at a $350 million valuation, with Inovia Capital and Threshold Ventures taking part. In March 2026 Spellbook took $40 million of debt from RBCx to buy smaller competitors; chief executive Scott Stevenson told BetaKit it expected about five acquisitions in two years and was on track for $100 million in annual recurring revenue in 2026. Those are company figures, and no completed acquisition had been announced when this page was checked.
Prices are not published. Cost depends on the number of team members on a licence and is quoted after a demo, with a seven-day free trial and free access for academic institutions. Spellbook cites SOC 2 Type II and zero-data-retention agreements with OpenAI and Anthropic, and says 5,000-plus legal teams in over 80 countries use it.
Compiled by RECATOOLS from public sources: vendor documentation and pricing, code repositories and published reporting.
Notable facts
- Spellbook was trained on over 1 billion contract clauses from EDGAR filings, legal databases, and publicly available contracts — the largest contract-specific training dataset of any public tool.
- The tool was built in Canada by a team that includes former Bay Street lawyers who wanted to automate the 'grunt work' of transactional legal practice.
- Spellbook can redline a 20-page commercial contract in 3 minutes — a task that typically takes a junior lawyer 2-3 hours.
Frequently asked questions
About this listing
This entry was compiled from publicly available data including Spellbook's official website, press releases, documentation, and reputable third-party publications. RECATOOLS is not affiliated with Spellbook unless explicitly stated.
Third-party AI tools update their pricing, features, availability, and policies frequently. Information here may be outdated by the time you read this — we make reasonable efforts to keep listings current, but cannot guarantee absolute accuracy.
For the latest details, please refer to Spellbook directly →
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