LinkSquares is a legal tech company founded in 2015 that provides an AI-powered contract analytics platform designed to streamline contract management processes for legal teams. The platform uses machine learning algorithms to analyze legal documents and automatically track contract data to enable users to gain real-time insights into their legal commitments. It is trusted by over 700 legal teams at mid-to-large companies, including Fitbit, Commvault, and Wayfair.
The platform offers several features such as centralized contract storage, OCR integration, contract summary tools, dynamic reporting, and real-time notifications. LinkSquares has also received recognition for its rapid growth, ranking #10 in Massachusetts and #379 overall on the 2022 Inc. 5000 list of America’s fastest-growing companies.
TLDR
LinkSquares is an AI-powered contract analytics platform for legal teams that provide real-time visibility into legal documents and automates tracking of contract data. It is used by over 700 legal teams at mid-to-large companies, including Fitbit, Commvault, and Wayfair. The platform offers several features such as OCR integration, centralized contract storage, contract summary tools, dynamic reporting, and real-time notifications.
LinkSquares also integrates with several popular applications such as DocuSign, Salesforce, and Google Drive. The platform has received recognition for its rapid growth, ranking #10 in Massachusetts and #379 overall on the 2022 Inc. 5000 list of America’s fastest-growing companies.
Company Overview
Founded in 2015, LinkSquares is the company behind the fastest-growing AI-powered contract analytics platform for legal teams. The platform is trusted by over 700 legal teams at mid-to-large companies, including Commvault, Fitbit, and Wayfair, to move their businesses forward faster through AI-powered contract and legal document analytics.
LinkSquares is at the forefront of legal technology and has a CEO and founder, Vishal Sunak, who is widely recognized as a thought leader in the industry. Vishal works tirelessly to improve legal team outcomes while elevating their visibility within the enterprise.
LinkSquares has experienced rapid growth, ranking #10 in Massachusetts and #379 overall on the 2022 Inc. 5000 list of America’s fastest-growing companies. The company also ranked #90 on the 2021 Deloitte Technology Fast 500™ awards, which recognizes innovative, fastest-growing technology companies in North America.
The company's success can be attributed to its expert leadership team, which includes Chief Technology Officer Eric Koch, Chief Marketing Officer Juliette Rizkallah, Chief Financial Officer Luigi Testa, Chief Legal Officer Tim Parilla, Chief Revenue Officer Steve Pao, SVP of Business Development & Founder Chris Comrie, SVP of Product and Engineering Andrew Hoag, and board members Danielle Sheer, Ari Buchler, and Robert Ball.
LinkSquares' expert team has a track record of building highly scalable, fault-tolerant, and secure web experiences. The team's collective experience in software startup, legal, corporate development, and related fields has translated into significant contributions to the company's success. LinkSquares continues to provide a valuable service to clients, and the future looks bright as the company continues to expand its technology and grow its presence within the legal technology space.
Features
Centralized Contract Storage
LinkSquares offers a centralized storage solution for your in-flight and executed contracts. All contracts are stored in a secure location, giving you full visibility into your legal commitments.
With AI-powered administration and organization, LinkSquares automatically organizes your contracts and eliminates manual work. This feature enables you to access your contracts quickly and efficiently.
Dynamic Reporting and Real-Time Dashboards
LinkSquares provides dynamic reporting with real-time dashboards. These dashboards offer intuitive snapshots of your contracts, giving you full visibility into your legal commitments.
The dashboards are updated in real-time, enabling you to receive instant insights into your legal commitments. This feature allows you to identify potential issues and mitigate risks effectively.
Smart Contracts
LinkSquares' AI-powered platform is built for nuanced legal language. This feature enables automatic organization of your contracts while extracting critical data.
You can enjoy smarter, more valuable contracts with LinkSquares. The platform eliminates manual work while providing valuable insights through custom, portfolio-wide search and reporting.
With this feature, you can streamline your legal processes and save time and resources.
OCR Integration
LinkSquares' OCR (Optical Character Recognition) feature converts scanned PDFs, faxes, or even photographs of documents into regular, searchable text files. You can quickly find important information within your contracts using OCR, saving you time and effort. The OCR feature ensures that all of your contracts are searchable and easy to retrieve, even if they are in a non-searchable format.
Contract Summary Tools
Get a bird's-eye view of the contents of your agreements with LinkSquares' powerful contract summary tools. The platform's proprietary AI automatically pulls out 100+ key pieces of metadata from your contracts.
This feature provides you with instant insights into your legal commitments through custom, portfolio-wide search and reporting. You no longer have to manually go through your contracts to find important information, as this feature does it for you. By eliminating manual work, you can focus on higher-value work.
Real-Time Notifications
LinkSquares' real-time notification feature offers you peace of mind by keeping you informed about events and changes that occur with your contracts. You will receive notifications when contract events, such as renewal or termination dates, are approaching.
This feature helps you avoid missed deadlines, contract breaches, and other potential problems. With real-time notifications, you can take timely and effective actions to manage your legal commitments and mitigate risks.
Integrations
LinkSquares is designed to streamline contract management processes from start to finish. With the ability to integrate with your existing systems, you can run your operations without leaving the tools you love. Supercharge your workflows with seamless integration.
Word Processing
Streamline your editing and review process with LinkSquares' integration with Microsoft Word. With desktop and browser options, you can easily bring the power of LinkSquares to your workflow. Filter by type and take control of your contracts today.
CRM
Collaboration between legal and sales has never been easier. Save time and streamline the sales contracting process with LinkSquares' seamless integration with CRM. Ensure complete visibility into your contract data at every stage of the process.
eSignature
Send agreements out for signature directly from LinkSquares with real-time updates. Improve efficiency and accuracy with LinkSquares' integration with DocuSign and Adobe Sign. Take control of the signature process and integrate with the tools you love.
Cloud Storage
Consolidate your contract information with LinkSquares' integration with the most popular file sharing applications, including Google Drive, Dropbox, OneDrive, Egnyte, Box, and Amazon S3. Centralize your contract repository with a single source of truth and share agreements with ease using our SharePoint integration. Experience complete visibility, control, and flexibility.
FAQ
What is LinkSquares?
LinkSquares is an AI-powered contract analytics platform for legal teams. The platform uses AI to analyze legal documents and contracts, making it easy for legal teams to quickly access relevant information and track contract data. LinkSquares is trusted by over 700 legal teams at mid-to-large companies including Commvault, Fitbit, and Wayfair, to move their businesses forward faster through AI-powered contract and legal document analytics.
How does LinkSquares work?
LinkSquares works by using AI to analyze legal documents and contracts. The platform is designed to help legal teams easily access relevant information and track contract data, making it faster for businesses to get the information they need from legal documents. LinkSquares uses machine learning algorithms to understand the data contained in legal documents, allowing it to automatically track contract data and flag anything that looks unusual or out of the ordinary.
The platform also provides real-time visibility into legal documents, so legal teams can see what’s happening with contracts and quickly spot any potential issues.
What are the benefits of using LinkSquares?
LinkSquares offers several benefits to legal teams, including:
- AI-powered contract and legal document analytics
- Real-time visibility into legal documents
- Quick and easy access to relevant information
- Automated tracking of contract data
- Customizable templates for faster creation, review, and approval of agreements
Overall, LinkSquares can help legal teams save time and work more efficiently, making it a valuable tool for businesses of all sizes.
What industries is LinkSquares suitable for?
LinkSquares is suitable for any industry that uses legal contracts and documents, including technology, finance, healthcare, and more. The platform has been designed to be flexible and customizable, making it suitable for both early- and later-stage firms. LinkSquares is easy to use for legal and non-legal folks alike, and can scale quickly for fast-growing companies.
The platform is currently trusted by over 700 legal teams at mid-to-large companies, making it a popular choice for businesses of all sizes.
What security measures does LinkSquares have in place?
LinkSquares takes data security very seriously and has several security measures in place to protect user data. The platform is built on highly scalable, fault-tolerant, and secure web experiences, ensuring that data is always safe and secure. LinkSquares uses encryption to protect all user data, and only authorized personnel have access to sensitive information.
Additionally, the platform complies with industry standards such as SOC 2, SOC 3, and ISO 27001, to ensure that user data is always kept safe and secure.
Alternatives
If you're considering other AI-powered contract management platforms, here are some alternatives to Linksquares:
Icertis
Icertis is a cloud-based contract management software that provides enterprise-level, end-to-end contract lifecycle management solutions. It features contract intelligence, analytics, and AI-powered contract risk management, allowing users to identify potential issues and gain insights to optimize their contract performance. Icertis also integrates with other enterprise systems such as Salesforce, SAP, and Microsoft Office.
Juro
Juro is a contract management platform that uses AI and natural language processing to perform contract analysis, accelerate contract negotiations, and automate contract workflows. Its platform is designed for businesses of all sizes and provides users with an easy-to-use interface, centralized storage, and intuitive management tools. Juro integrates with other tools frequently used by legal and commercial teams such as Slack, Salesforce, and Google Drive.
Ironclad
Ironclad is a SaaS contract management solution that combines contract management with other legal and operational tools to streamline workflows and improve productivity. Its platform uses machine learning to evaluate contracts for potential risks and inconsistencies, providing businesses with insights and recommendations on how to improve their contract terms. Ironclad offers integrations with other enterprise systems used by legal and procurement teams such as Salesforce, DocuSign, and Adobe Sign.
Agiloft
Agiloft is an AI-powered contract lifecycle management platform that enables businesses to automate their contract workflows and manage contract-related risks effectively. Its platform allows for flexible integration with existing enterprise software, enabling a focus on customization of its features to meet specific business requirements. Agiloft offers users with insights on contract trends, compliance rules, and the identification of bottlenecks in contract processes.
Additionally, Agiloft offers comprehensive support from initial implementation to deployment.
