LegalOn
LegalOn provides AI software focused on streamlining the pre-signature contract review process. It uses AI models trained by experienced lawyers to analyze contracts, identify risks, suggest revisions, and redline documents according to company standards defined in playbooks (either pre-built by LegalOn experts or customized by the user). A key feature is its deep integration with Microsoft Word. It also includes a generative AI "Assistant" for tasks like drafting clauses, summarizing text, and answering contract-specific questions. The platform aims to significantly reduce review time while improving accuracy and consistency. It serves over 7,000 customers globally. Note: There is also a pharmaceutical product named Legalon (milk thistle extract), ensure searches target the tech company.
Key Information
Pricing
Model: SaaS subscription, likely tiered. Requires contacting vendor.
Starting at: Not publicly disclosed.
Free Plan: Not Available
Trial: Not Available
Audience
Primary: Corporate Legal Departments, Law Firms, Contract Managers/Analysts.
Secondary: Procurement, Sales Operations.
Use Case
Reviewing and redlining contracts before signing, ensuring compliance with playbooks.
Pros & Cons
Advantages
- High accuracy claims due to lawyer-trained AI
- Significant time savings (up to 85% claimed)
- Practical pre-built playbooks
- Seamless workflow within Word
- Generative AI capabilities enhance utility.
Limitations
- Pricing not transparent (requires demo/quote)
- May have a learning curve for advanced customization
- Focus is primarily pre-signature (though repository exists).
AI Capabilities
- Natural Language Processing (NLP)
- Machine Learning (ML) for clause recognition and risk assessment
- Generative AI (GPT-4 based Assistant)
- AI trained specifically on legal content and reviewed by lawyers.
Integrations
- Strong Microsoft Word integration.
- Other integrations (e.g., CLM, storage) may be available or planned - check website.
Unique Features
- AI trained and content created by experienced lawyers ("AI built by lawyers")
- Extensive library of pre-built playbooks for immediate use
- Deep MS Word integration
- Generative AI assistant for interactive tasks.
Disclaimer: Information accuracy is not guaranteed. Always verify details directly with the provider and consult with qualified professionals before making decisions. This tool is not a substitute for legal advice.