en.Wedoany.com Reported - U.S. legal technology company Superlegal recently announced in New York the official launch of an AI Law Firm, focusing on serving small and medium-sized enterprises with the construction industry as its core business area. Operating under authorization from the Utah Supreme Court's Legal Services Innovation Sandbox, the company offers contract review services starting at $117 per contract, promising to complete commercial contract review and revision within 24 hours, with each contract signed off by a licensed attorney. According to data from the Associated General Contractors of America (AGC), the U.S. construction industry is valued at approximately $2.1 trillion, encompassing about 3.6 million businesses. A typical general contractor handles over 100 supplier and subcontractor agreements per project. Traditional law firms charge hourly rates ranging from $300 to over $500, and contract disputes are a primary cause of project delays and cost overruns.
Superlegal was co-founded in 2023 by CEO Noory Bechor and CTO Ilan Admon, headquartered in New York with offices in Tel Aviv and Salt Lake City. The duo previously co-founded the enterprise-level AI contract review platform LawGeex in 2014, which served Fortune 500 companies and top law firms before being sold in 2023. Superlegal has established partnerships with industry associations such as the Associated General Contractors of America (AGC), providing member companies with platform access.
According to industry data from the AGC and ServiceTitan, 61% of construction companies are currently using or planning to invest in AI technology, a significant increase from 44% in 2024. The application of AI tools in the construction industry is concentrated in office functions (45%), cost estimation (23%), and design (20%), with 38% of companies already reporting quantifiable business impacts. Traditional AI tools primarily focus on improving efficiency for legal practitioners, while contract management represents the next automation frontier for construction companies seeking direct legal review services.
According to data from U.S. construction industry research firms, approximately 80% of construction project disputes stem from unclear contract language. Meanwhile, legal costs for major U.S. homebuilders due to construction defect claims continue to rise: D.R. Horton's legal reserves grew 57% over three years to $1.1 billion, while Lennar's self-insurance reserves increased 21% to $336.9 million. Superlegal states that based on client usage data, the platform can reduce legal review costs by 90% and shorten transaction cycles by 70%. Existing clients include BGE, Silverline Construction, SHN, Glass, Great Lakes Construction, and SSI Aeration. David Fitzhugh, Director of Contract Strategy and Dispute Resolution at Western Partitions Incorporated, noted that the company's current legal spending is about one-tenth of traditional law firm fees, with 85% to 90% of contracts reviewed within 24 hours.
Superlegal completed a $5 million seed funding round in May 2024, co-led by Aleph and Disruptive AI Fund, with participation from Alicorn Venture Capital and former Thomson Reuters CEO Tom Glocer, and supported by a grant from the Google AI Startups Fund. The company was also selected from over 1,000 applicants for Deel's global startup competition in Paris, competing for an investment opportunity of up to $1 million.
The official launch of Superlegal marks the birth of the first law firm in the United States to be technically architected by artificial intelligence and licensed to practice, bringing a new, low-cost, high-efficiency solution to contract management in the construction industry.
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