What is 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.
Features
- 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.
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.
