For Founders Law

Free tool

Paste a clause. Get it in plain English.

Stuck on one paragraph of a contract? Paste it and Loop explains what clauses like it usually do, the moving parts to look for, and what founders tend to ask.

Or try one:

Please remove names, amounts and anything confidential before you paste. We don’t save what you paste. Anthropic, our AI provider, processes it to write the answer, stores it in the United States and may keep it for up to 30 days, or longer in limited cases. Privacy

General information about Ontario and Canadian law, not legal advice or an opinion on your situation. Results depend on your facts and documents, so check with a lawyer before you act.

Questions

Is this legal advice?

No. Loop is an AI assistant, not a lawyer. It explains what clauses of this kind usually do, as general information about Ontario and Canadian law, and it can be wrong. It does not read your whole contract, know your situation, or say whether a clause is right for you. For that, a contract review by a lawyer is the next step.

Is what I paste saved?

Not by us. The clause is sent to Anthropic, our AI provider, to write the explanation, which stores it in the United States and may keep it for up to 30 days, or longer in limited cases. Our privacy policy has the details. So please remove names, amounts and anything confidential before you paste.

Which clauses can it explain?

Most common commercial clauses: limitation of liability, indemnities, IP assignment, confidentiality, non-solicitation, auto-renewal, termination, payment terms, governing law and more. Paste one clause at a time.

What does a contract review cost?

A contract review with For Founders Law starts at $400 plus HST, for the base scope described on its page. The fee is fixed and agreed in writing before we begin.

Read next: Fixed-fee contract reviewFounder guides

This tool gives general information and estimates about Ontario and Canadian law only, not legal, tax or financial advice. Results depend on the exact terms of your documents. Legal services are provided by lawyers licensed by the Law Society of Ontario. See our Terms of Use.