Parachute is an AI‑powered legal platform that centralizes a firm’s knowledge base and integrates with existing practice‑management tools to automate research, drafting, and contract review. It delivers context‑aware, citation‑backed answers and document drafts tailored to jurisdiction and firm‑specific policies, while offering collaborative editing within Microsoft Word and secure, Australian‑hosted data storage.
Funding
Funding not disclosed
Founders
Product
Problem
Law firms, especially small and mid-sized practices, spend excessive time on administrative tasks such as drafting, reviewing, and researching legal documents, which reduces billable hours and limits scalability. Access to consistent, jurisdiction‑specific legal knowledge is fragmented across disparate tools and internal repositories, making it difficult to deliver fast, reliable advice.
Solution
Parachute is an AI‑powered legal platform that centralizes a firm’s knowledge base, integrates with existing practice‑management and productivity tools, and provides context‑aware drafting, research, and contract review. Users can ask legal questions and receive cited answers grounded in local legislation, case law, and the firm’s own policies. The platform generates complete document drafts from a single prompt, offering in‑line AI suggestions, version control, and collaborative editing within Microsoft Word. Automated contract review and multi‑stage deep analysis flag risks and ensure compliance across supported jurisdictions. All data is hosted in Australia with enterprise‑grade encryption, and the system learns from uploaded policies, precedents, and matter histories to improve accuracy over time.
Target Audience
Primary customers are small to medium‑sized law firms and legal teams that need to streamline drafting, review, and research while maintaining jurisdiction‑specific compliance, as well as businesses seeking affordable, expert‑level legal support.
Features
- AI‑driven legal research that cites local statutes, regulations, and case law, with three confidence modes (Paralegal, Lawyer, Senior Associate)
- Contextual document drafting from prompts, leveraging firm‑specific knowledge bases, company profiles, and jurisdiction settings
- Automated contract review with multi‑stage deep analysis and inline risk suggestions
- Collaborative editor with real‑time comments, @mentions, version history, and Word add‑in for seamless drafting
- Integration with practice‑management systems (Clio, Smokeball), document stores (OneDrive, SharePoint, Google Drive), and productivity tools (Slack, InfoTrack)
- Global and organisational knowledge base that is searchable and continuously refined as more content is added
- Role‑based access control, SSO/SAML, and enterprise‑grade security with data residency in Australia
- Credit‑based usage model with separate credit allocations for Paralegal, Lawyer, and Senior Associate AI modes