It's a service that bullets and summarizes your legal contracts in a readable and consumable format so that you don't have to read the "legalese" to understand what your contracts are saying. The formatted contracts would be done by a team of professional lawyers.
- However, maybe the parts that get glossed over are covering edge cases that often don't matter?
there are too often terms in contracts which can cause you big problems but which you don't notice before they actually cause you problems, when everything has already been signed.
good luck with that
may be to validate this further, you can try doing this first for the popular software license terms - Apache, MIT, LGPL, etc. and see how the HN community use it.