SpeedLegal
Review contracts 3x faster with AI-powered risk analysis
Target Audience
- Small business owners
- Legal teams
- Contract managers
- Procurement professionals
Hashtags
Overview
SpeedLegal acts as your AI contract assistant to quickly spot risks and explain legal jargon. It analyzes agreements to protect you from bad clauses, creates easy-to-read summaries, and answers contract questions in plain English. Saves hours on manual review while reducing oversight errors. Especially useful for non-lawyers handling routine contracts.
Key Features
Risk Detection
Flags unfavorable terms & hidden contract risks automatically
AI Recommendations
Provides fix suggestions for problematic clauses
Contract Q&A
Answers legal questions about documents 24/7
Smart Summaries
Creates plain-language overviews of complex contracts
Custom Standards
Align contracts with your business requirements
Use Cases
Review rental/employment contracts
Negotiate vendor agreements
Analyze legal clause implications
Track contract renewal deadlines
Standardize business contracts
Pros & Cons
Pros
- Reduces contract review time by 66% according to case studies
- Combines AI analysis with optional human legal checks
- Customizable to specific business needs
- Enterprise-grade document security
Cons
- Primarily supports Common Law systems (US-focused)
- No standalone legal advice - requires human verification
- Custom standards setup requires initial configuration
Pricing Plans
Free
monthlyFeatures
- 3 contracts/month
- Basic risk detection
- Standard summaries
Startup
Features
- Unlimited contracts
- AI recommendations
- Priority support
Growth
Features
- Team collaboration
- Custom standards
- Advanced analytics
Enterprise
Features
- Dedicated success manager
- SLA guarantees
- Custom integrations
Pricing may have changed
For the most up-to-date pricing information, please visit the official website.
Visit websiteFrequently Asked Questions
Does SpeedLegal replace lawyers?
No - it enhances legal teams by automating routine review while allowing human verification through optional attorney checks
Is my contract data secure?
Yes - uses military-grade encryption (SHA-256), firewalls, and secure credential storage
Which legal systems are supported?
Primarily Common Law (USA), expanding to European Civil Law systems
Can I skip reading contracts entirely?
Not recommended - AI highlights key sections but full understanding requires human review
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