Introducing Compare to Market

Today, Spellbook is releasing Compare to Market, a new feature that lets you instantly compare key contract terms against real market data from thousands of similar agreements, with breakdowns by industry, jurisdiction, and deal type.

Now, you can check whether a term is standard in a single click and use these benchmarks to verify or challenge opposing counsel’s position.

How It Works

Open any agreement in Word, select "Compare to Market," and specify the agreement type, jurisdiction, and deal context you want to analyze. 

In seconds, you'll see where your agreement stands relative to thousands of similar contracts across dozens of deal points. 

Spellbook will also automatically highlight terms that are favorable or unfavorable to your party, helping you quickly determine where to focus your negotiating capital.

For deeper analysis, you can drill into any deal point to see the full distribution of underlying data, allowing you to provide nuanced advice for your clients.

A New Way to Negotiate Contracts

Contract negotiation has always involved claims about what's "market standard." But without reliable, up-to-date data, lawyers have been forced to fall back on subjective experience to settle these debates.

Compare to Market changes this.

For the first time, lawyers can arm themselves with objective benchmarks drawn from an always-updating pool of market data—and, at the click of a button, reveal whether a term is favorable or unfavorable for their party.

Download the 2026 State of Contracts Report to get our full analysis of data-driven negotiation, plus 270+ clause benchmarks.

Where Does the Data Come From?

We’ll be offering 3 data models:

1. Give to Get: Combine aggregate statistical insights with the rest of our users in order to get access for free. This data is completely anonymous, and only contains facts like: “What is the average late payment interest rate in SaaS agreements?"
2. Pay to Get: Withhold your data from the pool, and get access to insights from the full pool, for an extra fee.
3. Siloed Data: Want statistical insights on your own private dealflow? We’ll be launching this later in 2026.

Available Now

Compare to Market is rolling out to all Spellbook customers starting today. You'll find it in the rightmost menu when you run your next contract review.

Book a Demo