A Termscout alternative worth considering

Review your contracts 3X faster with SpeedLegal as your personal AI contract negotiator.
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3 Key differences that make SpeedLegal a great alternative to TermScout

Quickly spot risks, get helpful tips, and understand your contracts better with SpeedLegal.

Red Flag Analyzer

Find hidden risks in your contracts

TermScout focuses on comparing your contract with publicly available market standards and playbooks (personalization on Enterprise only) to tell you how many clauses are in your favour.

SpeedLegal on the other hand let's you personalize and add your own standards (on every plan) to compare your contract with.

SpeedLegal then helps you get detailed analysis, and spot hidden risks & unfavourable terms based on the standard you uploaded.

Personalized Suggestions

Get recommendations to fix unfavourable terms and contract errors

Termscout shows you which terms aren't in your favour, and that's great. But you still need to either be a lawyer, or hire one to make the right changes in your contract.

SpeedLegal makes this easy. Apart from showing risks in your contract, SpeedLegal also gives you tailored suggestions based on your specific contract needs and standard set by you.

You can solve red flags in a single click, add missing criteria back on your contracts, and improve your contract to match your standards, all within the platform itself

Automated contract summary

Understand complicated contracts with short and simple summaries

SpeedLegal is built for both Lawyers and non-lawyers. So we make sure anyone can understand their contracts in a quick glance.

You get a brief and easy-to-understand overview of what the contract is about, who is accountable for what, and any relevant dates or criteria.

Let’s see a detailed comparison

How does SpeedLegal compare with TermScout?

Features
SpeedLegal
TermScout
E-signatures
Negotiation
Notification and reminders
Contract collaboration
Central Storage
Drafting
Editing
Mass document upload
Contract summary
Contract review
Risk Analysis
Multiple language support
Regulatory Compliance
Market Standard (playbooks)

Watch SpeedLegal in action

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What types of contracts are you interested in?*
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What language do you usually sign contracts in?*
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What’s your governing state?*
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Customer Stories

How Twinkly Reduced Their Contract Negotiation Time By 50%

Twinkly wanted a solution that can help them review contracts faster, organize them all in one place, and help them keep a track of important dates.
6x
Faster Identification of Key Financials
50%
Time Reduction in Contract Negotiations
$67,000+
Estimated Saved in Outside Counsel
Tagline
Contact us

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SpeedLegal, Inc. 575 Market Street - 25th Floor San Francisco, CA 94105
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Testimonials

What Our Users Are Saying

“The first time I was looking at SpeedLegal, I thought, WOW! That’s the perfect solution that can support us in reviewing contracts and help our sales organization close deals faster.”
Serena Rossetti
VP of Finance at Cloud Academy
"Before we adopted SpeedLegal, we missed six contract renewals in past 12 months. After adopting SpeedLegal, no more missing a contract renewal date!"
Alfredo De Felice
General Counsel at Twinkly (LedWorks)
"I was pleased to work with the team, their explanation of SpeedLegal was clear and the result I got with the platform was accurate and fast."
Patty
Broker in Sonoma
FAQs

Frequently Asked Questions

Got questions? We’ve got the answers! If you can’t find what you are looking for, feel free to get in touch.

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.

Can I skip reading entire documents?

It is up to you to decide if you’d like to read the entire documents or not. SpeedLegal highlights the important portions of the contracts, meaning you may just skim through the rest.

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).

How are market standards created at SpeedLegal?

SpeedLegal creates its own Market Standards by analyzing tens of thousands of high-quality contracts and over 1 billion data points to cluster millions of targeted data points. Additionally, we consult with our Committee of Industry experts to fine-tune our standards, taking into account factors such as jurisdictions, contract types, parties involved, and key clauses. We recognize that data biases may exist, so we double-check our Market Standards with legal experts from top law firms and enterprise organizations to avoid any one-sidedness or unwanted biases.

Is SpeedLegal.io website secure?

We care about your contracts so we use the highest level of security to store and protect your contracts. Among our security protocols: Encryption SSL Certificate - SHA-256 With RSA Encryption, Firewall - Virtual Private Security groups. We encrypt our user credentials on signup and ensure they are logged in through a secure channel.

Do you provide legal advice?

At SpeedLegal, we do not provide legal advice. Instead, we serve as a contract reading facilitator and provide statistical inferences to support your decision-making processes. As an Alternative Legal Service Provider (ALSP), our focus is on offering innovative solutions for contract management and contract augmentation, similar to companies in this segment. Our primary goal is to enhance efficiency and streamline your contract negotiation process while working in collaboration with your legal team. Please check our disclaimer.

To which legal system is it applied and usable?

SpeedLegal works with Common Law and we are adding more Civil Law states. It works with contracts in the USA and we are starting to see contracts also in Europe and Latin America!

How much does it cost?

SpeedLegal is completely free for individuals (up to 3 contracts) and for underserved communities. Individuals usually sign 3 contracts per year: property rental, employment, and NDA. For more documents and extra features, we recommend having a look at our Startup, Growth, and Enterprise plans.

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