LegalOn vs TermScout 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.

TermScout

TermScout is a pioneering contract analysis platform that combines AI technology with the world's largest database of anonymized and aggregated negotiated contracts. The platform provides instant AI-powered contract reviews backed by comprehensive market data, enabling businesses to make informed decisions quickly and efficiently.

The platform features three core components: Contract Market Data for exploring thousands of contract clauses, AI Contract Reviews for rapid analysis, and Contract Certification (Certify™) for third-party validation. With a minimum AI accuracy of 85% and the option to achieve 99% through verification, TermScout is trusted by thousands of companies and law firms worldwide, processing over twenty thousand contract reviews monthly.

LegalOn

Pricing

Paid

From 349$

TermScout

Pricing

Freemium

From 129$

LegalOn

Features

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

TermScout

Features

AI Contract Reviews: Instant analysis with 85%+ accuracy
Contract Market Database: Access to thousands of anonymized contracts
Certify™: Third-party contract validation system
Contract Benchmarking: Clause-by-clause comparison with competitors
Term Sheets: Automated contract summary generation
Rare Clause Radar: Identification of unusual contract terms

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

TermScout

Use cases

Accelerating B2B sales contract negotiations
Validating vendor terms and conditions
Analyzing competitor contract terms
Streamlining legal review processes
Creating standardized contract playbooks
Benchmarking contract terms against industry standards

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.

TermScout

FAQs

How long does an AI contract review take?

The average AI review takes 5-7 minutes, with a maximum of 10 minutes depending on the document's length and complexity.

Can I add additional Scout Seats?

Yes, each additional Scout seat costs $49 per month.

Can I cancel any time?

Yes, monthly subscribers can cancel their subscription at any time with a hassle-free cancellation process.