Legly vs LexCheck Detailed comparison features, price

Legly

Legly utilizes artificial intelligence to streamline the contract review process for businesses, law firms, and legal tech vendors. The platform reads business contracts in seconds, identifying potential risks and opportunities. It highlights deal-breakers and missing clauses based on user preferences, helping users gain confidence before signing agreements.

Legly extracts key metadata from contracts, which can be used to populate various systems like CLM, CRM, or SRM. It offers visual contract portfolio overviews and smart search capabilities for efficient contract management and analysis. The tool supports PDF, scanned PDF, and Word document uploads.

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

Legly Pricing

Freemium

From $29

Legly offers Freemium pricing with plans starting from $29 per month .

LexCheck Pricing

Free Trial

LexCheck offers Free Trial pricing .

Features

Legly

AI Contract Review: Reads business contracts in seconds using AI to identify risks and opportunities.
Deal-breaker Highlighting: Automatically flags deal-breakers and missing clauses based on user preferences.
Metadata Extraction: Extracts key data from contracts for populating CLM, CRM, SRM, and other repositories.
Contract Portfolio Visualization: Provides a visual overview of contract portfolios for easy analysis.
Smart Search: Enables users to find specific information within contracts efficiently.
Multiple Format Support: Accepts uploads in PDF, Scanned PDF, and Word formats.
Customizable Review Guidelines: Allows enterprise users to set customized review guidelines.

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

Legly Use Cases

Reviewing business contracts before signing.
Conducting due diligence for law firms.
Extracting metadata for CLM, CRM, or SRM population.
Analyzing contract portfolios for risks and opportunities.
Integrating AI contract review into legal tech platforms.
Organizing and managing contracts efficiently.

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.