Review contracts in less than a minute
AI-based contract review
Legly helps sales and sourcing teams to save time by rapidly finding missing clauses, unprofitable specifications and other breaches to what is best for your company.
You are in good company
Legly provides a quick overview of an agreement and give an extra pair of eyes that reduce the risk of significant things being missed.
We have mainly use it for customer agreements, but will also for supplier agreements. I do not see that it replaces that we need to read the agreements, but it gives those extra pair of eyes that you want and saves time.
Everyone who has tried it so far thinks it is a good tool and easy to use. In particular, the speed and simplicity of the tool is the best about using Legly. We receive many contracts in English and it is not always easy to understand the whole meaning, which can contribute to you missing things that Legly discovers.
Hanna Landell, Managing Director
Built to CHANGE how sales and purchase teams to review contracts.
Upload the contract and Legly will highlight in red, blue or yellow where there are risky clauses, breaches to your policy and important clauses missing. Select what to act on and forward it to the counterpart the same day.
Return to the counterpart the very same day with the most important red lines. Get rid of deal-breakers and move further into the negotiation process before involving a lawyer. Save time and speed up the sales cycle.
ARGUES FOR YOUR CAUSE
Get pointers on why a clause should be changed directly in the review. Making it easier not just to select what red lines to focus on, but making it easier for the change to be accepted by the counterpart. Get the upperhand in negotiations!
GET WHAT YOU BARGAINED FOR
Avoid any contract value leakage over the whole contract lifecycle. Research suggest that leakage on average cost companies 9% bottom line.
Many B2B contracts turn less profitable than expected due to value leakages from higher costs and less income. Legly helps you identify potential hidden costs so that you actually get what you bargained so hard for.
Three cups of coffee and a soda on a café table. A lawyer, two programmers and an entrepreneur with the need for legal advice. This is how Legly started.
It soon became obvious how artificial intelligence would supply the increasing demand for efficient contract reviewing. In particular to support sales and sourcing teams while reviewing incoming contracts from customers and suppliers. Many companies has realized that getting rid of the major pitfalls early in the negotiation process will make the following steps much more efficient and ensure a that you get the full value of what you bargained so hard for - over the whole contract period. That is why we love working with Legly.
With a base in the Swedish cities of Malmö and Stockholm our service is applied all over the world.