SpeedLegal: Features, Pricing & Alternatives

About SpeedLegal

SpeedLegal analyzes contracts with AI to highlight terms and key risks, presenting a simplified report to help users understand obligations and risks before signing. It targets both legal professionals and non-lawyers who review contracts, aiming to save time and improve accuracy in contract analysis and negotiation.

The tool emphasizes features such as risk identification, plain-language explanations of legal jargon, and personalized suggestions. It combines automated analysis with an emphasis on user-friendly insights to support decision-making during contract review and negotiation.

SpeedLegal offers interactive support through an AI assistant, enables single-click fixes and implementation of improvements, and allows customization of contract standards to align with a company’s goals and templates.

The product page outlines multiple pricing plans, mentions on-premise options, integrations with cloud storage and e-signatures, and notes that it is available for various business sizes and needs, with a focus on automating risk analysis and contract management.

Use cases

Legal teams seeking to improve contract quality and compliance
Startups and SMBs aligning contracts to company standards
Enterprises managing large contract volumes

Key features

Identify Red Flags in contracts
Tailored, market-standard or template-based suggestions
Single-click fixes and implementations
Real-time contract questions and answers
Automated contract summaries
Customizable contract standards
Integrated workflow for recommendations

Pros and cons

Pros

Provides risk analysis and red flags to identify terms that may create liability

Offers tailored suggestions aligned to market standards or internal templates

Pricing

PRO

$89/month

2 contracts per month
Redline and review
Upload your standard/template
5 "Ask our AI"
5 Contract Summaries
GDrive, DropBox, E-Signatures and more integrations

Reviews

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Frequently asked questions

What is SpeedLegal?

SpeedLegal is a technological startup that uses Machine Learning technology (specifically Deep Learning, LLMs and genAI) to highlight the terms and the key risks of any contract. We analyze your documents and send you a simplified report so you can make a more informed decision before signing your name on the dotted line.

Is my contract reviewed by a real lawyer?

Yes, for Startup, Growth, and Enterprise users. SpeedLegal uses Deep Learning models (AI) to highlight the key provisions and identify the main risks of a contract. We also offer an additional human check on top of the AI models to give our users more assurance. The human check is currently free (during Beta).

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