Verdict

A quick read before you dig into the full page.

Best if: AI contract review platform for businesses, offering fast and affordable legal insights
Skip if: You need enterprise SLAs or a fully managed team plan right away
Pick this when: Freemium · Free + from $9

Overview

Loya is an AI-powered contract review platform designed for businesses. It reviews contracts for unusual and missing clauses, leveraging US legislation and proprietary legal expertise. The platform is enhanced by a marketplace of lawyers who finalize contract reviews, offering affordable fees with a 24-hour turnaround. Loya aims to protect businesses from unsafe contracts by providing fast, high-quality reviews, especially when full legal support is unavailable or when speed is crucial. It identifies potential risks such as fines, penalties, intellectual property loss, and other issues.

Access & connections

Where you can use Loya.

Platforms

Web

Capabilities

What this tool accepts, produces, and is strongest at.

Highlights

AI-powered contract review
Lawyer marketplace for final review
Identification of red flags and missing clauses
Customizable platform for enterprise clients

FAQ 5

What is Loya?

How to use Loya?

To use Loya, upload a contract in .doc or .docx format. The AI reviews it for red flags and market standards. For a full review, a lawyer from the marketplace finalizes the contract.

What types of contracts can Loya review?

Loya is currently better trained to deal with IT agreements, including software license agreements, cloud services agreements, EULAs, software IP rights transfer agreements, and IT professional services agreements. However, other types of contracts are also processed at a good quality level.

How does Loya protect confidential data?

Loya takes great care to protect confidential or personal data. For automated contract checks, the AI model receives contract data in an anonymized form. For full contract reviews, access is only granted upon prior express consent.

How long does it take to get a contract review?

A summary of your contract with general key points takes 1-2 minutes. A contract review result with important clauses to change or add takes 1-2 minutes. A full review by a lawyer takes up to 24 hours.