Law Insider vs LexCheck Detailed comparison features, price

Law Insider

Leverage AI capabilities to accelerate contract drafting, review, and redlining processes. This platform provides access to the world's largest public contract database, allowing users to find appropriate language and benchmark clauses against the Law Insider Index. It integrates directly into Microsoft Word for efficient contract analysis and redlining, ensuring compliance with industry standards and customizable expert playbooks.

Create and tailor contract playbooks using a comprehensive library of expert-backed standards. The tool facilitates the generation of contract clauses using AI, validated against its extensive database for accuracy. It supports legal teams with features designed for customization, collaboration, and enhanced AI functionalities, aiming to streamline the entire contract lifecycle.

LexCheck

LexCheck is an advanced AI-powered contract review software designed to transform the way legal and business teams handle contracts. It leverages cutting-edge Large Language Model (LLM) technology to provide comprehensive insights and accurate redlines for any type of contract, streamlining deal-making and facilitating smoother negotiations. The platform aims to significantly reduce the time and resources traditionally spent on manual contract review, enabling teams to focus on more strategic tasks.

Operating directly within Microsoft Word, LexCheck offers seamless integration into existing workflows. Users can implement their contract playbooks rapidly, often in minutes, by uploading templates to automatically capture preferred positions. This functionality, combined with transparent explanations for suggested changes, empowers users to review contracts efficiently without compromising quality. The system is built to minimize risk through well-established and secure AI, helping organizations achieve faster contract closures and reduce legal costs.

Pricing

Law Insider Pricing

Free Trial

From $25

Law Insider offers Free Trial pricing with plans starting from $25 per month .

LexCheck Pricing

Free Trial

LexCheck offers Free Trial pricing .

Features

Law Insider

AI-Powered Contract Review & Redlining: Review, redline, and summarize third-party contracts using AI within Microsoft Word.
Law Insider Index Score: Benchmark third-party and AI-generated clauses against a large public contract database.
Playbook Builder & Standards Library: Create and customize contract playbooks using expert-backed standards.
AI Clause Drafting: Generate contract clauses using AI, validated against the Law Insider database.
Public Contract Database Access: Search millions of public contracts and clauses.
Microsoft Word Integration: Review and redline contracts directly within Microsoft Word.

LexCheck

Instant Insights: Provides transparent and comprehensive insights about why contract language is potentially problematic and requires attention.
Accurate Redlines: Effortlessly applies preferred language with a redlining feature to address problematic terms highlighted by instant insights.
Rapid Implementation: Allows new playbooks to be implemented in minutes by uploading a template, automatically capturing preferred positions.
Risk Minimization: Utilizes time-tested, well-established, and highly secure AI technology to ensure project success and reduce contractual risk.
Integrated Workflows: Operates directly within Microsoft Word, enabling users to keep their work in one place and update playbooks or add fallback language seamlessly.

Use Cases

Law Insider Use Cases

Drafting legal contracts using AI assistance and database examples.
Reviewing and redlining third-party contracts efficiently.
Ensuring contract compliance with industry standards.
Benchmarking contract clauses against market standards.
Creating and managing standardized contract playbooks for legal teams.
Collaborating on contract drafting and review within teams.

LexCheck Use Cases

Accelerating deal-making processes through faster contract turnaround.
Optimizing contract negotiation workflows for legal and sales teams.
Reducing time and resources spent on manual contract review and redlining.
Ensuring contract compliance with company playbooks and preferred legal language.
Minimizing legal risks by identifying problematic clauses and suggesting approved alternatives.
Facilitating smoother and more efficient contract negotiations between parties.

FAQs

Law Insider FAQs

How does the 7-day trial work?

The paid trial provides full access to the features of the selected plan. After 7 days, the subscription automatically continues at the chosen monthly or annual rate unless canceled beforehand.
Can I cancel my subscription at any time?

Yes, subscriptions can be canceled anytime via account settings or by emailing support. Access remains active until the end of the current billing period, with no refunds for unused time.
What payment methods are accepted?

Credit/debit cards (Visa, MasterCard, AMEX, Discover), bank transfers (ACH), Apple Pay, Google Pay, and PayPal upon request are accepted.
What's the difference between Free, Premium, and Pro Access?

Free Access offers limited daily/monthly usage. Premium Access provides full AI drafting/redlining, standard playbooks, and Word integration for individuals. Pro Access includes Premium features plus custom playbooks, team access, advanced AI, and priority support.
Is my contract data secure?

Contract data is not stored or shared beyond AI processing needs and is not used for training. Servers are hosted on Google Cloud Platform (GCP) in the US. Enterprise plans offer SOC 2 and GDPR compliance options.

LexCheck FAQs

How does LexCheck ensure accuracy in contract review?

LexCheck uses its LLM-powered AI to provide accurate redlines and instant, transparent insights into why contract language is problematic, based on your pre-defined playbooks and preferred positions.
How quickly can LexCheck be implemented?

LexCheck offers rapid implementation. You can implement your new playbook in minutes by simply uploading your template, and your preferred positions are automatically captured.
Does LexCheck integrate with other software?

Yes, LexCheck integrates directly within Microsoft Word, allowing users to keep their work and workflows in one place.
What kind of AI technology does LexCheck use?

LexCheck is built using the latest advancements in AI technology, specifically as an LLM-powered contract review software.
How does LexCheck help reduce risk and costs?

LexCheck helps minimize risk by using secure and well-established AI to identify problematic terms and ensure compliance. It also reports a reduction in legal costs per contract review by significantly speeding up the review process.