Legartis vs LegalNowAI Detailed comparison features, price

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.

LegalNowAI

LegalNowAI offers a sophisticated platform designed to streamline the creation and review of legal documents. Powered by advanced AI, including GPT-4, and trained by top-tier legal professionals, this tool assists users in drafting customized agreements from premier templates, eliminating the need for extensive template searches and concerns about personalization. It also provides comprehensive document review capabilities, enabling users to identify latent legal risks and modify contracts with precision through a single click.

The platform ensures a high level of data security with 100% decentralized encrypted storage, safeguarding sensitive information throughout the legal document management process. LegalNowAI aims to provide a service comparable to a personal legal assistant, offering real-time assistance for queries and uncertainties during drafting and review, and delivering in-depth explanations of clauses tailored to the user's perspective and the specific agreement.

Pricing

Legartis Pricing

Contact for Pricing

Legartis offers Contact for Pricing pricing .

LegalNowAI Pricing

Freemium

LegalNowAI offers Freemium pricing .

Features

Legartis

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.

LegalNowAI

Draft Agreements: Effortlessly customize premier templates to meet unique needs, eliminating extensive template searches.
Review Agreements: One-click legal review and automatic modification to identify latent legal risks and modify contracts precisely.
AI Consultation: Real-time assistance from trained AI for queries and uncertainties during drafting and review.
Ambiguity Check: Identify ambiguous wordings with one click to prevent contract disputes arising from unclear clauses.
Clause Explanation: Provides lawyer-level, in-depth interpretation of clauses tailored to the user's perspective and the agreement's entirety.
Data Security: 100% decentralized encrypted storage for all legal documents.

Use Cases

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.

LegalNowAI Use Cases

Drafting customized legal agreements for various business or personal needs.
Reviewing existing contracts to identify potential risks and ambiguities.
Modifying legal documents with AI-assisted precision.
Seeking instant clarification on complex legal clauses.
Ensuring data privacy and security for sensitive legal information.
Preventing contract disputes by identifying and rectifying unclear contract language.

FAQs

Legartis FAQs

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.

LegalNowAI FAQs

How does LegalNowAI ensure the quality of its legal services?

LegalNowAI is powered by GPT-4 and trained by top-tier lawyers, providing lawyer-grade service.
Is my data secure when using LegalNowAI?

Yes, LegalNowAI uses 100% decentralized encrypted storage to ensure data security for your documents.
What kind of legal documents can I create with LegalNowAI?

LegalNowAI allows you to draft customized agreements using premier templates that can be tailored to your unique needs.
Can LegalNowAI help me understand complex legal clauses?

Yes, LegalNowAI provides lawyer-level clause explanations, offering in-depth interpretations tailored to your perspective and the agreement's entirety.
How does LegalNowAI help prevent contract disputes?

LegalNowAI features an Ambiguity Check to identify unclear wordings in contracts, which can prevent up to 90% of disputes arising from such clauses.