For corporate lawyers
Built for corporate lawyers
Draft shareholders agreements, share sale agreements, and due diligence reports with AI that understands the Corporations Act. Parachute handles the first 80% so your team can focus on the commercial judgment that matters.
Organised by matter
Group threads, files, and conversations under a single matter. Keep work organised by client or project so nothing falls through the cracks.
Draft in minutes, not hours
AI generates context-aware legal documents using your knowledge base, precedents, and jurisdictions. Turn hours of drafting into minutes.
Three AI modes
Paralegal for quick tasks, Lawyer for detailed work, Senior Associate for complex analysis. Choose the right level for every job.
Multi-stage document review
Deep analysis identifies obligations, knowledge base conflicts, and risks. Fix issues before they reach clients.
Firm-specific knowledge base
Upload your precedents, templates, and practice area guides. AI responses use your terminology and align with your firm's standards.
Documents that look like yours
Export to Word with your firm's letterhead applied automatically. Track changes and comments come through intact - ready to send to clients.
Meeting notetaker
Parachute joins your Zoom, Teams, or Google Meet calls and delivers structured notes with summaries, decisions, and action items.
Word add-in and integrations
Connect with Smokeball, Clio, Microsoft Word, Slack, Google Drive, and more to keep your firm's tools in sync.
Deepen client relationships
Invite clients onto Parachute. They get discounted access to the full platform, and you stay connected as their trusted legal partner.
Everyday work
What corporate law lawyers do with Parachute
Draft shareholders agreements
Generate tailored shareholders agreements covering board composition, drag-along, tag-along, and pre-emption rights.
Prepare share sale agreements
Produce SPAs with warranties, indemnities, and completion mechanics that reflect the deal terms.
Summarise due diligence
Read data room documents and produce structured DD reports highlighting material risks and deal-breakers.
Draft board resolutions and circulars
Generate circulating resolutions, notices of meetings, and minutes that reference current Corporations Act provisions.
Prepare capital-raise term sheets
Draft convertible note, SAFE, and priced round term sheets tailored to your client's preferences.
Review employee share schemes
Generate ESS and ESOP documents, including startup concession-compliant plans.
Works with the tools you already use
Seamless integrations with your practice management and productivity tools
Testimonials
Small law firms love us
"With Parachute, I turned 2.5 hours of work into 20 minutes. Parachute did all the context collection, research and drafting."
Arisha Arif
Senior Legal Counsel, Zed Law
"Parachute saves me time with drafting, researching and reviewing documents - allowing me to spend that time on other value-added tasks."
Will Rouse
Founder, Nexa Legal
"I've been using Parachute for the last 3 months, and can honestly say it's saved me around 10 hours a week."
Simon Fletcher
Fletch Law
How it works
Set up your firm
Create your firm, add your team, configure practice areas and jurisdictions. Build your knowledge base with precedents and templates.
Draft, review, and advise
Use AI to draft documents, review contracts, and answer legal questions. Choose Paralegal, Lawyer, or Senior Associate mode depending on the complexity.
Invite your clients
Bring clients onto Parachute with discounted access. Stay connected as their legal partner while they use the platform for everyday legal needs.
Frequently asked questions
What jurisdictions does Parachute support?
Parachute is built for Australian jurisdictions. The platform uses jurisdiction-specific legislation, regulations, and guidance to produce accurate, locally relevant documents and advice.
What AI modes are available?
Parachute offers three AI modes: Paralegal for quick tasks and simple drafting, Lawyer for detailed review and thorough drafting, and Senior Associate for complex analysis and high-stakes work. All modes are included on every plan.
How does Parachute handle confidential deal documents?
Parachute is SOC 2 Type II aligned and hosts data in Australia. Deal documents are encrypted at rest and in transit. We do not train models on your data, so nothing from one deal leaks into another.
Can Parachute draft shareholders agreements and SPAs?
Yes. Both are supported with customisable warranty packages, indemnity schedules, and completion mechanics. Output is Word-compatible with track changes intact.
Does it know current Corporations Act provisions?
Yes. Parachute's knowledge base includes the Corporations Act 2001, ASX Listing Rules, and ASIC regulatory guides. Citations are included in generated content so you can verify.
How does it handle due diligence at scale?
Upload a data room and Parachute reads contracts, financials, and compliance documents to produce a structured DD report with red flags and follow-up questions.
Other practice areas
Explore Parachute for other practice areas
Ready to give your corporate practice AI leverage?
Start free and see what an AI associate built for Australian corporate law can do.