AGP Picks
View all

News on law in the world

Provided by AGP

Got News to Share?

Morae and Wordsmith AI team up to automate contract work

May 12, 2026
Morae and Wordsmith AI team up to automate contract work

By AI, Created 4:22 PM UTC, May 18, 2026, /AGP/ – Morae Global Corporation and Wordsmith AI announced a multi-year partnership May 12 to embed legal AI into Morae’s Contracts as a Service offering. The deal aims to help in-house legal teams speed up drafting, review and negotiation while keeping contract data under enterprise controls.

Why it matters: - Legal teams are under pressure as contract volume grows faster than headcount. - The Morae-Wordsmith integration is designed to cut manual work in high-volume contract processes. - Morae is betting that managed legal services plus AI can move contract automation from pilot projects into daily operations.

What happened: - Morae Global Corporation and Wordsmith AI announced a multi-year partnership on May 12, 2026. - Wordsmith AI is being integrated into Morae’s Contracts as a Service platform. - The integration is available immediately to Morae CaaS clients worldwide. - Morae said the rollout will phase into existing service engagements.

The details: - The CaaS service uses AI-assisted drafting, review and negotiation to compress cycle times for routine and high-volume contracts. - Playbook-driven analytics and risk flags are built to surface deviations and obligations across the contract portfolio. - The managed service is meant to scale from peak M&A work to long-tail commercial agreements without proportional cost growth. - Enterprise-grade security is intended to keep client data isolated from third-party model training. - Morae says its InfoSec framework and access controls govern the data environment. - Joint go-to-market work, co-hosted client roundtables and enablement programs will roll out through 2026. - Morae and Wordsmith AI will be at Booth 205 at CLOC Global Institute in Chicago from May 11-14. - Morae’s legal solutions business focuses on contracts, discovery, information governance and resourcing. - Wordsmith AI builds agentic workflows for contract review, drafting, playbook queries and routine legal questions inside the tools lawyers already use. - Morae is headquartered in Houston and was founded in 2015. - Wordsmith AI is headquartered in the United Kingdom. - Wordsmith AI works with high-growth and enterprise customers across Europe and North America.

Between the lines: - The partnership reflects a broader shift in legal operations toward embedded AI rather than standalone software. - The managed-service model may appeal to general counsel who want automation without rebuilding existing workflows. - The security language signals that data control remains a key buying criterion for legal AI adoption. - Intel Market Research put the AI-powered contract management software market at $1.65 billion in 2026 and projected 5.8% CAGR through 2034.

What’s next: - Morae and Wordsmith AI plan to expand joint sales and client education activity through the rest of 2026. - The companies will use CLOC as a live demo point for the integrated offering. - More existing Morae service engagements are expected to adopt the integration as the phased rollout continues. - More information is available on Morae’s website, Wordsmith AI’s website and Morae’s LinkedIn page.

The bottom line: - Morae is using Wordsmith AI to turn contract automation into a managed service, not just a software feature.

Disclaimer: This article was produced by AGP Wire with the assistance of artificial intelligence based on original source content and has been refined to improve clarity, structure, and readability. This content is provided on an “as is” basis. While care has been taken in its preparation, it may contain inaccuracies or omissions, and readers should consult the original source and independently verify key information where appropriate. This content is for informational purposes only and does not constitute legal, financial, investment, or other professional advice.

Sign up for:

Today in Law

The daily local news briefing you can trust. Every day. Subscribe now.

By signing up, you agree to our Terms & Conditions.

Share us

on your social networks:

Sign up for:

Today in Law

The daily local news briefing you can trust. Every day. Subscribe now.

By signing up, you agree to our Terms & Conditions.