Wordsmith vs Law Insider Detailed comparison features, price

Wordsmith

An advanced legal technology platform that transforms how in-house legal teams handle their daily operations. The platform combines sophisticated contract review automation, document management, and AI-powered assistance to reduce workload by up to 50% for legal teams.

The system features enterprise-grade security with SOC 2 certification and GDPR compliance, while maintaining a strict policy of never training on client data. It integrates seamlessly with popular tools like Slack and Google Docs, offering capabilities from document translation to automated contract analysis.

Law Insider

Leverage AI capabilities to accelerate contract drafting, review, and redlining processes. This platform provides access to the world's largest public contract database, allowing users to find appropriate language and benchmark clauses against the Law Insider Index. It integrates directly into Microsoft Word for efficient contract analysis and redlining, ensuring compliance with industry standards and customizable expert playbooks.

Create and tailor contract playbooks using a comprehensive library of expert-backed standards. The tool facilitates the generation of contract clauses using AI, validated against its extensive database for accuracy. It supports legal teams with features designed for customization, collaboration, and enhanced AI functionalities, aiming to streamline the entire contract lifecycle.

Pricing

Wordsmith Pricing

Freemium

Wordsmith offers Freemium pricing .

Law Insider Pricing

Free Trial

From $25

Law Insider offers Free Trial pricing with plans starting from $25 per month .

Features

Wordsmith

Automatic Contract Review: Reviews contracts using customizable playbooks for various agreement types
AI Legal Assistant: 24/7 instant answers to legal questions in multiple languages
Document Management: Translation, conversion, and comparison tools for legal documents
Contract Analysis: Bulk contract analysis and structured reporting capabilities
Security Compliance: SOC 2 certified and GDPR compliant with no training on client data
Integration Support: Connects with Slack, Google Docs, and other business tools

Law Insider

AI-Powered Contract Review & Redlining: Review, redline, and summarize third-party contracts using AI within Microsoft Word.
Law Insider Index Score: Benchmark third-party and AI-generated clauses against a large public contract database.
Playbook Builder & Standards Library: Create and customize contract playbooks using expert-backed standards.
AI Clause Drafting: Generate contract clauses using AI, validated against the Law Insider database.
Public Contract Database Access: Search millions of public contracts and clauses.
Microsoft Word Integration: Review and redline contracts directly within Microsoft Word.

Use Cases

Wordsmith Use Cases

Automated review of NDAs and vendor agreements
Legal document translation and summarization
Contract database analysis and reporting
Legal team workflow automation
Privacy policy compliance review
Cross-department legal guidance

Law Insider Use Cases

Drafting legal contracts using AI assistance and database examples.
Reviewing and redlining third-party contracts efficiently.
Ensuring contract compliance with industry standards.
Benchmarking contract clauses against market standards.
Creating and managing standardized contract playbooks for legal teams.
Collaborating on contract drafting and review within teams.

FAQs

Wordsmith FAQs

How does Wordsmith ensure data confidentiality?

Wordsmith maintains strict data security standards with SOC 2 certification and GDPR compliance, and never trains its AI models on client data.
What jurisdictions does Wordsmith support?

Wordsmith supports multiple jurisdictions and provides multi-language support for legal document processing and translations.

Law Insider FAQs

How does the 7-day trial work?

The paid trial provides full access to the features of the selected plan. After 7 days, the subscription automatically continues at the chosen monthly or annual rate unless canceled beforehand.
Can I cancel my subscription at any time?

Yes, subscriptions can be canceled anytime via account settings or by emailing support. Access remains active until the end of the current billing period, with no refunds for unused time.
What payment methods are accepted?

Credit/debit cards (Visa, MasterCard, AMEX, Discover), bank transfers (ACH), Apple Pay, Google Pay, and PayPal upon request are accepted.
What's the difference between Free, Premium, and Pro Access?

Free Access offers limited daily/monthly usage. Premium Access provides full AI drafting/redlining, standard playbooks, and Word integration for individuals. Pro Access includes Premium features plus custom playbooks, team access, advanced AI, and priority support.
Is my contract data secure?

Contract data is not stored or shared beyond AI processing needs and is not used for training. Servers are hosted on Google Cloud Platform (GCP) in the US. Enterprise plans offer SOC 2 and GDPR compliance options.