Wordsmith
vs
Legartis
Wordsmith
An advanced legal technology platform that transforms how in-house legal teams handle their daily operations. The platform combines sophisticated contract review automation, document management, and AI-powered assistance to reduce workload by up to 50% for legal teams.
The system features enterprise-grade security with SOC 2 certification and GDPR compliance, while maintaining a strict policy of never training on client data. It integrates seamlessly with popular tools like Slack and Google Docs, offering capabilities from document translation to automated contract analysis.
Legartis
Legartis offers an advanced Artificial Intelligence solution designed for automated contract review and comprehensive legal analytics. It assists legal, sales, and procurement teams by streamlining contract workflows and identifying potential risks. The platform operates effectively in German, English, and French, functioning independently as either a Microsoft Word add-in or a web application. Leveraging a combination of proprietary, pre-trained AI developed over seven years and Large Language Models (LLMs), Legartis ensures high accuracy, consistently achieving over 90% precision in its analyses.
The tool significantly boosts productivity by accelerating the contract review process by over 85% through highly customizable automation features like Legartis Prompts. Beyond review, Legartis facilitates the extraction of relevant data from active contracts, providing actionable insights into key performance indicators. It comes equipped with over 160 pre-trained clauses, enabling immediate analysis of various contract types, whether dealing with single documents or thousands. All contract data is processed securely on GDPR-compliant servers located in Switzerland, and an Open API allows for seamless integration with existing Contract Lifecycle Management (CLM) systems.
Wordsmith
Pricing
Legartis
Pricing
Wordsmith
Features
- Automatic Contract Review: Reviews contracts using customizable playbooks for various agreement types
- AI Legal Assistant: 24/7 instant answers to legal questions in multiple languages
- Document Management: Translation, conversion, and comparison tools for legal documents
- Contract Analysis: Bulk contract analysis and structured reporting capabilities
- Security Compliance: SOC 2 certified and GDPR compliant with no training on client data
- Integration Support: Connects with Slack, Google Docs, and other business tools
Legartis
Features
- AI Contract Review: Accelerates contract review using pre-trained AI and LLMs.
- AI Legal Analytics: Extracts relevant data and provides insights from active contracts.
- Multi-language Support: Operates in German, English, and French.
- High Accuracy: Achieves over 90% accuracy through multi-stage quality assurance.
- Platform Integration: Available as a Word add-in and web app.
- Customizable Automation: Uses Legartis Prompts for tailored automation levels.
- Pre-trained Clauses: Comes with 160+ pre-trained clauses for immediate analysis.
- Open API: Allows integration with CLM systems for data synchronization.
- GDPR Compliant: Processes data on servers in Switzerland.
Wordsmith
Use cases
- Automated review of NDAs and vendor agreements
- Legal document translation and summarization
- Contract database analysis and reporting
- Legal team workflow automation
- Privacy policy compliance review
- Cross-department legal guidance
Legartis
Use cases
- Automating routine contract reviews for legal teams.
- Accelerating sales contract processing and ensuring compliance.
- Improving efficiency in procurement contract analysis.
- Performing large-scale analysis of active contracts for risk assessment.
- Reviewing specific contract types like DPAs and NDAs quickly.
- Extracting key metadata from contracts for CLM systems.
Wordsmith
FAQs
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How does Wordsmith ensure data confidentiality?
Wordsmith maintains strict data security standards with SOC 2 certification and GDPR compliance, and never trains its AI models on client data.What jurisdictions does Wordsmith support?
Wordsmith supports multiple jurisdictions and provides multi-language support for legal document processing and translations.
Legartis
FAQs
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What does automated contract review mean?
Automated contract review means that certain contract review processes are automated. This includes pointing out faulty, missing or incomplete clauses with the help of AI. Certain work steps are carried out manually by the reviewer, others are taken over by AI.How does Legartis’ AI work?
Our team of legal experts trains Legartis’ AI on different clause types and legal concepts. It therefore arrives pre-trained and able to analyse your contracts from day one of use.What languages does Legartis’ AI speak?
Legartis understands and performs at a high level in these languages: German, English and French. Other languages can be trained on demand.How accurate is Legartis' AI?
Our legal engineering team works with test sets and only releases checkpoints when the AI achieves an accuracy of over 90%. For you, this means that with Legartis AI you receive very high and consistent AI quality from day 1.Can Legartis be integrated with other tools (e.g. CLM)?
Legartis is designed with an open API. This means that integration into other systems is possible without any problems.
Wordsmith
Legartis
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