LegalOn vs OutRiskAI Detailed comparison features, price

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.

OutRiskAI

OutRiskAI offers an automated solution for businesses, particularly Micro, Small & Medium Enterprises (MSMEs), seeking to identify and mitigate potential risks embedded within their corporate contracts. Utilizing advanced Artificial Intelligence, the platform analyzes contract documents to predict potential issues across various industries, ranging from finance to healthcare.

The tool focuses on delivering accurate risk predictions based on AI models trained on millions of data points. OutRiskAI emphasizes data security, employing up-to-date technologies to ensure user contract information remains confidential and protected throughout the analysis process.

Pricing

LegalOn Pricing

Paid

From $349

LegalOn offers Paid pricing with plans starting from $349 per month .

OutRiskAI Pricing

Paid

From $29

OutRiskAI offers Paid pricing with plans starting from $29 per month .

Features

LegalOn

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

OutRiskAI

AI-Powered Risk Prediction: Accurately predicts risks in business contracts using AI models trained on millions of data points.
Data Security: Employs the latest security technologies to keep contract data safe.
Wide Industry Coverage: Models can predict risks across a broad range of industries, including finance and healthcare.
Contract Uploads: Allows users to upload contracts for analysis (limits based on plan).
Contract Generation: Offers contract generation capabilities (limits based on plan).
Risk Analysis Limits: Provides a specific number of risk analyses per contract (based on plan).
Solution Suggestions: Offers potential solutions for identified risks (limits based on plan).

Use Cases

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

OutRiskAI Use Cases

Identifying potential liabilities in supplier agreements.
Assessing risks in client contracts before signing.
Reviewing partnership agreements for hidden clauses.
Ensuring compliance within service level agreements (SLAs).
Streamlining contract review processes for legal teams or business owners.
Mitigating financial or operational risks found in business contracts.

FAQs

LegalOn FAQs

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.

OutRiskAI FAQs

Why do I need OutRiskAI?

OutRiskAI helps identify and mitigate risks in business contracts using AI automation, aiming to save time and prevent potential issues.
How can I get started with OutRiskAI?

You can get started by choosing a suitable pricing plan (Basic or Pro) or contacting sales for the Enterprise plan via their website.
How does OutRiskAI assess risks in corporate contracts?

The platform uses AI models, trained on millions of data points, to analyze contracts and predict potential risks across various industries.
What does OutRiskAI provide after assessing a corporate contract?

OutRiskAI provides risk analysis and suggests potential solutions for the identified risks within the contract, with limits depending on the chosen subscription plan.
Is my contract data secure on OutRiskAI?

Yes, OutRiskAI states they use the latest security technologies to keep user contract data safe.