Legly is an AI-powered tool designed to facilitate online contract review. It offers services such as identifying deal-breakers, missing clauses based on your defined preferences, and extracting and v

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Legly is an AI-powered online contract review tool. It identifies deal-breakers, visualizes missing clauses according to user preferences, and extracts metadata for an in-depth overview of your contracts. It also aids in populating your Contract Lifecycle Management (CLM), Customer Relationship Management (CRM), Supplier Relationship Management (SRM), and other repository systems with critical business performance indicators.
Legly uses AI technology to identify deal-breakers in contracts. It scans the contract and compares it with user-defined preferences to spot any missing clauses or potential risks that may be detrimental to their interests.
Legly extracts metadata from contracts. This involves gathering key information and indicators related to the contract that are crucial for business operations. Such data includes clauses, terms, conditions, and other significant elements.
Legly facilitates Contract Lifecycle Management (CLM) by extracting metadata from contracts and using it to populate the CLM with key performance indicators. This feature helps businesses keep track of their contracts, from initiation through approval, compliance, negotiation, amendment, and renewal.
Legly offers a smart search functionality that allows users to easily navigate and retrieve contract-related details. This is achieved through an intuitive and powerful search system that analyzes the extracted metadata.
Legly's red-flag reports contain comprehensive insights about potential risks found in the contracts. The system uses AI to scan for missing clauses, detects deal-breakers, and highlights anything else that could pose a risk before users sign contracts.
Typical users of Legly come from various sectors including legal technology and service providers, law firms, enterprises, and other businesses that manage any sort of contracts.
Legly integrates with other systems through its API. Users can thereby incorporate the AI contract review system into their existing workflows and systems, making the transition as seamless as possible.
The Legly online dashboard offers features that allow users to review, analyze, and organize their contracts in one place. It provides a smart search function, visual overviews, and generates red-flag reports.
The metadata extraction feature of Legly scans contracts to gather vital data such as clauses, terms, conditions, and other critical information. These are then used to populate various systems like CLM, CRM, SRM and can also be visualized for a better overview.
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Check out Legly official site
Pricing
Pricing model: No Pricing
Category
Legal document analysis
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