What each tool actually does, in plain English
**Spellbook** is, at its core, a Microsoft Word sidebar. It uses GPT-class models (OpenAI under the hood, confirmed in their security disclosures at https://www.spellbook.legal/security) to draft clauses, suggest redlines, benchmark provisions against a corpus of comparable agreements, and answer natural-language questions about whatever's in the document. The whole experience is built around the assumption that the lawyer is already in Word, already drafting, and just wants a fast copilot — not a new system of record. That is both Spellbook's superpower and its ceiling.
**Lexion** — now Docusign Lexion after the 2024 acquisition — started life as an AI-first CLM, meaning its differentiator was automatically extracting key terms from inbound contracts (PDF, Word, scanned, doesn't matter) and routing them through approval workflows without humans pre-tagging anything. Post-acquisition, it's being merged into Docusign's CLM stack, and the standalone Lexion product is still sold but increasingly co-marketed with https://www.docusign.com/products/clm. If you're buying it in 2026, ask the rep explicitly whether you're getting Lexion-the-product or Lexion-features-inside-Docusign-CLM. The answer affects roadmap and renewal economics.
**ContractWorks** is the simplest of the lot. It's a flat-fee contract repository with OCR, clause tagging, alerts, and electronic signature, sold by SecureDocs. The AI is real but light — it'll tag, search, and summarize, but it won't draft sophisticated playbook-driven redlines. Pricing starts at $700/month flat per https://www.contractworks.com/pricing, which makes it dramatically cheaper than a true CLM for a small ops team that mostly needs to find contracts and never lose track of a renewal.
**Genie AI** is the open-template upstart with a UK-flavored go-to-market. It maintains a public library of legal templates, layers an AI assistant on top, and charges $0 for individuals, $50/month for Pro, and custom for Business per https://www.genieai.co/pricing. It is genuinely usable for SMB contracts, particularly UK and EU jurisdictions, and the free tier is not a marketing trick — it works. The ceiling: it is not built for enterprise legal ops, has no real workflow engine, and SSO is gated to Business.
**Ironclad**, **LinkSquares**, and **DocuSign AI** are the enterprise three. **Ironclad** is the most opinionated about workflow — its Workflow Designer is genuinely impressive and is why procurement teams pick it. **LinkSquares Finalize** is laser-focused on post-signature analytics: obligations, renewals, audit-ready reporting. **DocuSign AI** is the path-of-least-resistance for shops that already pay Docusign for envelopes and don't want to rip out a second system. None of these three publish full pricing, and you should expect annual commitments north of $25K for Ironclad and LinkSquares per their sales process, and per-seat plus per-envelope math for DocuSign per https://www.docusign.com/products/clm.