LegalOn
vs
SpeedLegal
LegalOn
LegalOn provides a comprehensive AI-powered contract review solution that combines sophisticated legal AI with attorney-crafted playbooks for efficient contract analysis and management. The platform leverages proprietary AI technology built by experienced lawyers to deliver accurate, reliable contract reviews and redlining in seconds.
With SOC 2 Type II certification and robust security measures, the platform ensures confidential contract handling while offering features like instant risk assessment, custom playbooks, and comprehensive contract management tools. The system includes over 50 pre-built playbooks and supports seamless integration with Microsoft Word.
SpeedLegal
SpeedLegal is a contract review platform that utilizes AI to accelerate and enhance the contract analysis process. It helps users identify risks, understand complex legal terms, and provides custom suggestions based on the specific contract type and user-defined standards.
The platform offers features such as automated contract summaries, risk analysis, and the capability to ask AI questions. It's applied and usable to the Common Law legal system, covering contracts in the USA, Europe, and Latin America.
LegalOn
Pricing
SpeedLegal
Pricing
LegalOn
Features
- AI Contract Review: Reviews and redlines contracts in seconds using attorney-built playbooks
- Pre-built Playbooks: Over 50 attorney-crafted playbooks ready for immediate use
- Risk Assessment: Identifies and flags potential risks in contract terms
- Contract Management: Tracks and manages contract versions from draft to final
- Legal AI Assistant: Provides summaries, drafts terms, and answers contract-related questions
- Security Compliance: SOC 2 Type II, GDPR, and CCPA certified
SpeedLegal
Features
- Red Flag Analyzer: Find hidden risks in your contracts and prevent unfavorable terms.
- Personalized Suggestions: Receive tailored suggestions based on your specific contract needs and standard set by you.
- Ask our AI: Get quick answers to your contract-related questions.
- Automated contract summary: Understand complicated contracts with short and simple summaries.
- Set your own contract standards: Customize your contract standards to match your business goals.
LegalOn
Use cases
- In-house legal contract review
- Law firm contract management
- Procurement contract analysis
- Sales contract negotiation
- Legal document compliance checking
- Contract risk assessment
- Multi-language contract translation
SpeedLegal
Use cases
- Reviewing and understanding various contract types (e.g., MSAs, NDAs, employment agreements).
- Identifying potential risks and unfavorable terms within contracts.
- Getting quick clarifications on specific clauses or legal jargon.
- Creating concise summaries of complex contracts.
- Setting and maintaining consistent contract standards across an organization.
LegalOn
FAQs
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How much time can LegalOn save on contract review?
LegalOn can reduce contract review time by up to 85%, turning hours of work into minutes.What security certifications does LegalOn have?
LegalOn is SOC 2 Type II, GDPR, and CCPA compliant with professional-grade protections for contract security and privacy.How many pre-built playbooks are available?
LegalOn offers over 50 pre-built playbooks created by expert attorneys, ready for immediate use.
SpeedLegal
FAQs
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What is SpeedLegal?
SpeedLegal is a technological startup that uses Machine Learning technology (specifically Deep Learning, LLMs and genAI) to highlight the terms and the key risks of any contract. We analyze your documents and send you a simplified report so you can make a more informed decision before signing your name on the dotted line.Is my contract reviewed by a real lawyer?
Yes, for Startup, Growth, and Enterprise users.SpeedLegal uses Deep Learning models (AI) to highlight the key provisions and identify the main risks of a contract. We also offer an additional human check on top of the AI models to give our users more assurance. The human check is currently free (during Beta).How are market standards created at SpeedLegal?
SpeedLegal creates its own Market Standards by analyzing tens of thousands of high-quality contracts and over 1 billion data points to cluster millions of targeted data points. Additionally, we consult with our Committee of Industry experts to fine-tune our standards, taking into account factors such as jurisdictions, contract types, parties involved, and key clauses. We recognize that data biases may exist, so we double-check our Market Standards with legal experts from top law firms and enterprise organizations to avoid any one-sidedness or unwanted biases.Is SpeedLegal.io website secure?
We care about your contracts so we use the highest level of security to store and protect your contracts. Among our security protocols: Encryption SSL Certificate - SHA-256 With RSA Encryption, Firewall - Virtual Private Security groups. We encrypt our user credentials on signup and ensure they are logged in through a secure channel.Do you provide legal advice?
At SpeedLegal, we do not provide legal advice. Instead, we serve as a contract reading facilitator and provide statistical inferences to support your decision-making processes. As an Alternative Legal Service Provider (ALSP), our focus is on offering innovative solutions for contract management and contract augmentation, similar to companies in this segment. Our primary goal is to enhance efficiency and streamline your contract negotiation process while working in collaboration with your legal team. Please check our disclaimer.
LegalOn
Uptime Monitor
Average Uptime
99.89%
Average Response Time
228.87 ms
Last 30 Days
SpeedLegal
Uptime Monitor
Average Uptime
99.81%
Average Response Time
245.8 ms
Last 30 Days
LegalOn
SpeedLegal
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