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Spellbook, the leading AI infrastructure for contracts used by 4,500+ legal teams across 80+ countries, launched Autonomous Contract Management (ACM), introducing the first AI system that powers contracts end to end. Spellbook ACM handles every step of the contract lifecycle, from the moment a deal hits your inbox to the day it renews years later. Nothing gets handed off between systems or slips after signature, and the intelligence stays with you for the life of the contract.
The world is in one of the largest investment cycles in decades. Trillions are flowing into energy, AI, manufacturing, and the modernization of critical global systems. All of it runs through contracts. But while business has sped up, contracts haven't. Most legal teams still handle them the way they did twenty years ago: page by page, in Word, in email, in folders nobody can search. And, as proven in the recent Spellbook Labs report analyzing SEC-filed contracts, that also means contract issue rates haven’t improved in twenty years. Contract Lifecycle Management (CLMs) tools attempted to reduce the friction, but storing and routing alone did not remove the bottleneck.
"CLMs were the first attempt at solving a real problem, but they were built before AI could do the actual work," said Scott Stevenson, Co-Founder and CEO of Spellbook. "Most teams ended up with an expensive filing cabinet. Meanwhile, lawyers still spend their days on triage, first-pass review, and chasing signatures. None of that needs a lawyer. We built Spellbook from the AI layer up so the work happens in the background, and lawyers wake up to a queue that's already been handled."
Spellbook ACM operates across three core workflows:
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