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- Learner level
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- To confirm (C17)
- Duration
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Legal training through simulation
Practise the deal before it is real.
Practise legal work in realistic deal simulations. Review the file, improve the documents, and respond to AI-played clients and counterparties. Get feedback against expert-written criteria.C11
Work a realistic legal matter with AI-played clients and feedback against expert-written criteria.C11
For practising lawyers, law firms and in-house legal teams.
Founder exit · Advice to the client
Anna RossiAlpha Ventures · Client · AI character
Drag-Along Founder Squeeze-Out
The founders are running two other companies and we keep missing targets. There is no leaver clause. What are our options, and what would you recommend?
Board minutes, 6 July 2026Article 11 · Drag-along
A founder exitThe clause is only
The clause is only
half the story.
Read it against the cap table.
Then advise the client.
The file · Article 11.1
Shareholders transferring more than fifty percent (50%) of the capital may require the others to sell on the same terms and conditions.
Subject to the lock-up (Art. 9) and pre-emption (Art. 10) steps.
Drafting desk · advice to the client
Email to Anna Rossi
Option 1 · Litigation: slow and uncertain.
Option 2 · Drag-along:
Original adviceThe investors can form the buying vehicle themselves and cross the 50% threshold, so nothing sets a floor on the price.
Illustrative learner advice · tracked changes
Professor's VerdictLegal training simulation evaluator · AI examiner
A sharp read of the price risk. The threshold and the missing price floor are caught; the litigation route is flagged, but why proof matters is left unsaid.
67%
Preview score
Illustrative · 2 of 3 checks
Overview
Two of the three preview checks are caught. The miss is the litigation route: it is called uncertain without saying the investors must prove damage.
- Check 1 · Caught. The investors' 55% clears the more-than-50% threshold (Art. 11.1).
- Check 2 · Caught. Article 11 sets no minimum price; the email warns the client.
- Check 3 · Missed. The email calls litigation "uncertain" but not why.
Three illustrative preview checks, not a full scoring rubric.
Category breakdown
Drag-along route2 of 3 caught
- Threshold
- Price protection
- Litigation alternative
Check order: Threshold, Price protection, Litigation alternative.
Selected criterion
Litigation alternative · missed
Check 1 · Caught. The investors’ 55% clears the more-than-50% threshold (Art. 11.1).
Check 2 · Caught. Article 11 sets no minimum price; the email warns the client.
Check 3 · Missed. The email calls litigation “uncertain” but not why: the investors would have to prove damage.
Next time. Confirm the lock-up (Art. 9) and pre-emption (Art. 10) steps are cleared before relying on Art. 11.
✓ caught · ✕ missed · → next time
Action plan
Before relying on Article 11, clear the two steps it depends on:
- Lock-up (Art. 9) confirm this step is cleared.
- Pre-emption (Art. 10) confirm this step is cleared.
Then close the gap in the advice: the litigation route is hard because the investors would have to prove damage.
Written by practitioners and professors
8 years of live deal simulations
Built in Luxembourg
Scenario overview
One matter, start to finish.A founder exit.
From file to feedback.
Each scenario runs like a real matter, in three stages.Read the file. Advise the client. See what your advice caught, and what it missed.
DRAG-ALONG FOUNDER SQUEEZE-OUT ARTICLE 11ILLUSTRATIVE MATTER
-
01
Review the file
The brief, minutes, articles and drafts arrive as on a real matter.
Articles of association · excerpt
Article 11 · Drag-alongIf one or more Shareholders propose to transfer Shares which in total represent more than fifty percent (50%) of the corporate capital, they may require the other Shareholders to offer all the Shares they own on the same terms and conditions as the Selling Shareholders have agreed with such purchaser.Check 1 · Threshold. Do the investors hold more than 50%?Check 2 · Price. What protects the price the founders receive?Check 3 · Alternative. Is suing the founders a realistic route?Illustrative excerpt -
02
Act on the matter
Advise the client on both routes and the risk that matters.
Drafting desk · advice to the client
Email to Anna RossiOption 1 · Litigation: slow and uncertain.
Option 2 · Drag-along:
Original adviceThe founders would receive a fair price.Your revisionArticle 11 sets no minimum price: the founders receive whatever the buying vehicle pays.The investors can form the buying vehicle themselves and cross the 50% threshold, so nothing sets a floor on the price.
The price risk is flagged. One route still needs its reason.Illustrative learner advice -
03
Learn from feedback
See what you caught, what you missed and why.
Check 1 · Caught. The investors’ 55% clears the more-than-50% threshold (Art. 11.1).Check 2 · Caught. Article 11 sets no minimum price; the email warns the client.Check 3 · Missed. The email calls litigation “uncertain” but not why: the investors would have to prove damage.Next time. Confirm the lock-up (Art. 9) and pre-emption (Art. 10) steps are cleared before relying on Art. 11.✓ caught · ✕ missed · → next time
Illustrative feedback
Show all five steps
- 1 · The situationA client or a colleague brings you a matter, with a deadline.
- 2 · The fileEmails, minutes, articles, drafts and data-room documents arrive as they would on a real matter.
- 3 · Your draftYou draft and repair clauses in the drafting desk, with tracked changes.
- 4 · The other side and the clientCounterparty mark-ups and the client's questions, played by AI characters.
- 5 · The feedbackWhat you caught, what you missed, and what an experienced lawyer would have done.
You can stop at any point and pick up where you left off.C09
Practice areas
The life of a company, from formation to exit.
One track follows a company through connected scenarios. Ask about other areas of law.
- 1 · EstablishFormation and governance
- 2 · OperateCommercial contracts
- 3 · FinanceLoans and guarantees
- 4 · InvestEquity and shareholder deals
- 5 · Acquire and exitM&A and due diligence
Featured scenarios
How the catalogue is organised
- Track
- A sequence of modules, such as the company lifecycle.
- Module
- A series of connected scenarios in one area.
- Scenario
- One matter, from brief to feedback.
- Episode
- One stage within a scenario, with its own feedback.
Definitions to be confirmed by the product team.C19
Individuals and teams
Train on your own or with your team.
Individual
Training on your own
- Corporate, commercial, finance and M&A matters
- Your own pace, progress savedC09
- Annual subscriptionC04
Law firms
For your firm
- Team licencesC05
- Modules matched to your practice groups
- Custom scenarios from your own deals, on requestC07
In-house
For in-house legal teams
- Practise advising the business in plain language
- Contracts, approvals, financing and M&A
- Team licencesC05
How a team trial works
- 1 · Set-upWe agree the modules with you, matched to your practice groups.
- 2 · ParticipantsYou choose who takes part.
- 3 · ObjectivesWe agree what the trial should cover before it starts.
- 4 · ReviewWe review the trial with you afterwards.
Trial steps, and who in your organisation can see participants' work and feedback, are awaiting confirmation.C06 C20
Method
Built by lawyers. Played by AI.
Legal experts write each scenario, its documents and the criteria the feedback uses. AI plays the client and the other side, responding to what you write.C11
Expert-written criterionYour draft
The notice requires the sale at the buyer's price per share.✓ Met
The offer covers 100% of the shares.✕ Not checked
The sellers' stake meets the drag-along threshold.✕ Not checked
It is feedback to learn from, not a certificate.
Questions
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