USA/Canada News
Paralex, a pioneering legal tech platform dedicated to transforming how startups and small businesses access legal support, is coming out of its beta status to be offered nationwide. The platform, developed by an attorney of over 29 years, will now offer founders and entrepreneurs attorney-verified custom legal documents at lightning speed for a fraction of the cost and time of traditional models.
Through the self-guided onboarding process, users first discuss their needs with an AI agent. The platform then blends AI with real-time support from experienced lawyers to draft custom, high-quality legal documents with a transparent, fixed-fee price structure.
“At Paralex, we believe that human expertise is essential to making AI work effectively,” said Stephen Candelmo, founder and CEO of Paralex. “By combining AI with our attorney-in-the-loop model, we are making quality legal help more accessible and affordable for small business owners and entrepreneurs who often lack access to affordable legal assistance. By offering individuals a new way to receive affordable, high-quality legal support, we are disrupting for the better the way legal services should be accessed and delivered in the future.”
Paralex’s range of legal document drafting services include NDAs, privacy policies, terms of service, employment agreements, founder and equity agreements, service contracts, and more, as well as a wide array of startup resources.
During the contract drafting or review process, each user is matched with an experienced attorney who reviews the document and provides tailored recommendations based on the user’s specific legal needs. This personalized uber-for-legal approach ensures users receive expert legal guidance when they need it the most, no matter their location in the United States or the complexity of the issue. Once finalized, users receive their attorney-reviewed legal documents with a two business day turnaround.
“Every entrepreneur deserves access to timely, affordable, and expert legal support,” said Candelmo. “By blending cutting-edge AI with seasoned legal professionals, we’re not just streamlining legal processes, we’re empowering startups and small businesses to thrive without the burden of traditional legal costs and delays.”
The platform is also introducing the option for small firms and attorneys to license Paralex’s technology platform to service their own clients, allowing industry experts to become Paralex-partnered lawyers and law firms.
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