You ask
Seed founderLead sent a term sheet with a 2x liquidation preference and a full ratchet. What do I push back on before Friday?
Meet Mike-1, your AI legal agent. It learns your business, handles your legal work, and brings in vetted human lawyers when you need them.
Backed by Y Combinator
Seed founderLead sent a term sheet with a 2x liquidation preference and a full ratchet. What do I push back on before Friday?
Is a full ratchet normal?
Push back on the ratchet.
For your review
A week and a partner's bill
A draft and the points to discuss.
Mike-1 builds a living understanding of your business; its entities, agreements, people, obligations, and decisions. Work gets done faster each time, and you'll never have to feel out of the loop again.
SAFE
Harbor Fund LP
Customer MSA
Renews in 30 daysOffice lease
Landlord can sign
DPA
New this weekOffer letters
4 people
Mutual NDA
Expires in March
Ask a question, review an agreement, or hand Mike-1 an entire legal task. He can plan the work, use the right tools, and bring it closer to completion. Contracts prepared. Documents reviewed. Work organized.
AI tools. Independent expertise.
Mike-1 breaks a job into parts, uses AI tools to prepare the work, and helps you engage an independent lawyer when you choose.
Teach Mike-1 how your business works. He remembers your preferences, learns from corrections, and applies what he's learned to the next job.
9.1 Liability is capped at fees paid in the prior month 12 months of fees.
Different tasks need different expertise. Mike-1 brings together the right models, tools, and people.
Mike-1 considers the jurisdiction, expertise, and question to find the right person.
Can we end a German employment contract on 4 weeks' notice?
Once you approve the engagement and fee, share the relevant context and bring the lawyer’s advice back into your work.
Mike to Employment lawyer, Berlin
Statutory minimum is 4 weeks. Does the contract's 3 month clause override it here?
Employment lawyer, Berlin
Yes. The longer contractual period applies. Give 3 months.
How Mike compares
Law firms sell legal expertise. Harvey and Legora give lawyers AI copilots. Mike puts an AI legal agent directly to work for your business, with specialist lawyers available when you need them.
| Option | Who it’s for | What you get | The economics | What changes |
|---|---|---|---|---|
| Mike-1 · The new model | Founders, startups, and businesses of any size. No in-house legal team required. | Your own AI legal team. Mike learns your business, drafts documents, reviews and helps negotiate contracts, and organizes matters. | AI handles routine drafts and revisions. Pay specialist lawyers for work that needs their expertise. | Autopilot for your business. You direct and review the work. Mike brings what it learns into the next matter. |
| Traditional law firms | People and businesses seeking legal advice or representation. | Lawyers who advise, draft, negotiate, and manage matters on your behalf. | Hourly, per-matter, or retainer fees. More work often means higher fees. | You brief the firm and coordinate each matter around lawyer availability. |
| AI-native law firms | Businesses looking to outsource legal work. | Legal services delivered by a firm whose lawyers work with AI. | AI can lower delivery costs. The firm sets its prices. | The firm can deliver work more efficiently and remains responsible for it. |
| Harvey / Legora | Law firms and in-house legal teams. | AI copilots and agents that help lawyers research, draft, analyze, and review. | Software fees alongside legal staff costs. Client pricing depends on the firm. | Your legal team can take on more work with AI. |
Start on your own, share a legal desk, or bring Mike to your whole company.
Your recommendation
Answer both questions to see which plan fits your work.
Your first call for everyday legal work.
$149/month
Your company's AI legal desk.
$499/month
Your legal operation, built around your business.
Custom
Paid plans are coming soon. Request early access, with no payment required.
Try Mike freeCredits cover Mike's AI work. See what a task costs before you start. Add more whenever you need them.
Credit purchases are not open during the free preview. Task pricing will be confirmed before paid work begins.
Connect with vetted, qualified independent lawyers for separately agreed fixed-fee services. Ongoing support is available for businesses.
AI subscriptions do not include human legal advice. Lawyer engagements and fees are separate and require your explicit approval.
Mike-1 sends you matters already written up, at a fixed fee agreed before you start.
Join as a lawyerAn AI legal agent from Index Law. It prepares contracts, reviews documents and organizes work. Associates and Paralegals are AI software, not licensed professionals.
Independent professionals available for separately agreed fixed-fee engagements. You approve the engagement and fee before work starts.
It drafts under US state law, England and Wales, the UAE, DIFC and ADGM. Anywhere else, it works with a local lawyer.
Your Vault is private to your account and every read is checked on the server. Sends stay simulated until you switch real sends on.
Mike does not sign for you. Signature preparation is available; real delivery requires enabled sending, a configured provider and your confirmation. Simulated actions are labeled.
Bring a legal task to a 15-minute call, or join the waitlist for free early access. We’ll contact you when your workspace is ready.
Mike Pro is $149/month. Mike for Teams is $499/month. Enterprise is custom. Paid plans are coming soon; early access is free. Lawyer fees are separate.