Superlegal

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Superlegal streamlines contract processes with AI and legal expertise, reducing legal costs by up to 90%.

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What is Superlegal?

Superlegal is a contract review solution that combines artificial intelligence (AI) and legal expertise to streamline contract creation, negotiation, and management processes. It offers services such as a built-in contract editor, negotiation guidance, team collaboration features, eSignature tools integration, and contract data analytics. Superlegal's AI reviews contracts, identifies risks, and offers negotiation points, which are verified by legal professionals, allowing for efficient contract reviews and better deals. The platform is designed to balance commercial needs and legal risks effectively, aiming to minimize contract closure time and reduce legal costs by up to 90%.

Who created Superlegal?

Superlegal was created by a team led by Andy Taer, the business developer team leader at ESC Spectrum. It was launched on February 16, 2024. Superlegal is a contract review platform that combines AI technology with legal expertise to simplify contract creation, negotiation, and management processes. The platform offers various pricing plans tailored for different business needs, ranging from individual business owners to established companies without in-house legal teams.

What is Superlegal used for?

Support all routine commercial contracts
Handle buy-side and sell-side agreements
Data-driven playbooks for current market trends
Generate contracts using the in-platform editor
Offer negotiation guidance for contracts
Enable team collaboration features
Integrate with eSignature tools
Enhance negotiation process with data analytics
Shorten contract closure time
Streamline contract management process

Who is Superlegal for?

Marketing Firms
Financial Institutions
Construction Companies
Tech Companies

How to use Superlegal?

To use Superlegal effectively, follow these steps:

Platform Overview: Understand that Superlegal is a contract review solution utilizing AI and legal expertise to simplify contract creation, negotiation, and management.
AI Contract Review: Benefit from AI-driven contract review identifying risks and negotiation points to expedite the process.
Contract Editing: Generate contracts directly within the platform using the built-in editor to tailor contracts to specific needs.
Legal Expertise Verification: Top legal professionals validate the AI's contract reviews ensuring accuracy and providing legal oversight.
Collaboration and Negotiation: Utilize the platform for team collaboration, gathering comments, and approvals alongside negotiation guidance.
eSignature Integration: Integrate with eSignature tools for finalizing deals within the platform efficiently.
Data-Driven Insights: Obtain market-based contract reviews with data analytics and insights to enhance negotiation positions and facilitate better deals.
Contract Closure Time: Superlegal shortens the contract closure time by streamlining the creation, negotiation, and closure processes using AI and data analytics.
Cost Savings: Enjoy significant cost savings compared to traditional methods with contracts returned in under 24 hours and reduced legal costs by up to 90%.
Contract Management: Streamline contract management processes with the all-in-one solution provided by Superlegal's platform.

By following these steps, users can effectively leverage Superlegal's capabilities to simplify and accelerate their contract management processes.

Pros

Speeds up contracts
Built-in contract editor
Negotiation guidance
Team collaboration features
ESignature tools integration
Analyzes contract data
Transparent, fixed pricing
Contracts ready in 24h
Up to 90% saving
Aids in better negotiation
High deal close rates
70% shorter deal cycle
One platform for all needs
In-platform contract generation
Removes team bottlenecks

Cons

No offline access
Potential data privacy issues
Reliance on stable internet
Potentially high learning curve
May over-simplify complex contracts
Unidentified review turnaround time
Fixed pricing can be expensive

Pros

Cons

Speeds up contracts
Built-in contract editor
Negotiation guidance
Team collaboration features
ESignature tools integration
Analyzes contract data
Transparent, fixed pricing
Contracts ready in 24h
Up to 90% saving
Aids in better negotiation
High deal close rates
70% shorter deal cycle
One platform for all needs
In-platform contract generation
Removes team bottlenecks

No offline access
Potential data privacy issues
Reliance on stable internet
Potentially high learning curve
May over-simplify complex contracts
Unidentified review turnaround time
Fixed pricing can be expensive

Superlegal Pricing and plans

Paid plans start at $799/month and include:

6 Contract Reviews/mo
Cost per contract: $133 (Save 33%)
Complex contract (10 pages or more) will count as 2 reviews
Under 24 hours turnaround
Basic playbook customizations

Superlegal FAQs

What is Superlegal?: Superlegal is a contract review solution that uses a combination of artificial intelligence (AI) and legal expertise to simplify and expedite contract creation, negotiation, and management. It also provides a built-in contract editor to generate contracts, offers services for negotiation guidance, and enables team collaboration. Superlegal focuses on contract data analytics and insights, aimed at enhancing the negotiation process and minimizing contract closure time.

How does Superlegal use AI to review contracts?: Superlegal uses AI to review contracts by identifying potential risks and offering negotiation points. It uses data analytics and insights to inform decision-making, providing users with a driven, market-based review verified by top legal professionals. This results in efficient contract reviews delivered at a faster pace and lower cost than traditional methods.

What is the contract editing feature of Superlegal?: The contract editing feature of Superlegal allows users to generate contracts directly within the platform. Users can create contracts at scale and utilize the in-platform contract editor to tailor contracts according to their specific needs. This feature simplifies contract creation and contributes to speeding up the overall contract process.

Where does Superlegal's legal expertise come from?: Superlegal's legal expertise comes from a team of top legal professionals who are involved in verifying the AI's contract reviews. These professionals provide legal oversight, ensure accuracy, and validate the AI's risk identifications and negotiation suggestions.

How can I generate contracts with Superlegal?: You can generate contracts with Superlegal by using the built-in contract editor in the platform, allowing you to create tailored contracts at scale directly within the platform, aiding in the efficient generation of contracts tailored to specific business needs.

How does Superlegal enhance the negotiation process with data analytics and insights?: Superlegal enhances the negotiation process with data analytics and insights by providing users with a smart, data-driven, and market-based contract review. The insights generated by the AI, validated by legal professionals, help users to balance commercial needs and legal risks, leading to stronger negotiation positions and better deals.

Can Superlegal integrate with other eSignature tools?: Yes, Superlegal can integrate with other eSignature tools, enabling users to finalize deals directly within the platform once all necessary approvals and comments have been gathered. This capability contributes to a streamlined and efficient contract management process.

How can Superlegal shorten my contract closure time?: Superlegal can shorten your contract closure time by streamlining the entire contract process, from creation to negotiation and closure, leveraging AI to expedite reviews, offering negotiation guidance, and enabling team collaboration within the platform.