
Your personal AI contract paralegal
SpeedLegal is an AI-powered contract analysis platform that uses machine learning, deep learning, and large language models to review contracts and highlight key risks and unfavorable terms. It serves individuals, startups, growth-stage companies, and enterprises, offering risk identification, automated summaries, AI-assisted Q&A, and personalized remediation suggestions based on user-defined standards.
Product
SpeedLegal
Use cases
Founded
2019
Headquarters
United States
Last updated
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The platform's core capabilities include a Red Flag Analyzer that surfaces hidden contractual risks, automated summaries that distill complex documents into shareable overviews, an AI assistant that answers contract-related questions in plain language, and customizable contract standards that let teams apply their own criteria. Additional features include contract management with automatic renewal reminders. SpeedLegal positions itself as an Alternative Legal Service Provider, complementing rather than replacing legal teams. It currently supports Common Law jurisdictions—primarily the United States—with expansion underway into Europe and Latin America. Security measures include SSL encryption with RSA, firewall protection, and encrypted user credentials.
What it does
Identifies hidden risks and unfavorable contract terms
Recommends fixes for unfavorable terms and errors
Answers contract-related questions in plain language
Condenses contracts into brief, easy-to-understand overviews
Customize criteria to match your business goals
Automatic reminders for contract renewal dates
Who it is for
Case studies
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Trust & compliance
Security certifications
Named enterprise customers
Pricing details
Starting price
Pricing model
Free version
Free for individuals up to 3 contracts; paid Startup, Growth, and Enterprise plans
Product videos & screenshots
Product interface
SpeedLegal Interface
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FAQs
SpeedLegal is a technology startup that uses machine learning, including deep learning, LLMs, and generative AI, to highlight key terms and risks in contracts. It analyzes documents and produces simplified reports to help users make informed decisions before signing, serving as a contract reading facilitator rather than a legal advice provider.
Yes, for Startup, Growth, and Enterprise users. SpeedLegal uses AI models to identify key provisions and risks, then offers an additional human review layer for added assurance. The human check is currently free during the Beta phase, giving users extra confidence alongside the AI-generated analysis.
SpeedLegal is free for individuals, covering up to three contracts, and is also free for underserved communities. For more documents and additional features, the company offers Startup, Growth, and Enterprise plans with increasing capacity and capabilities beyond the free tier.
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