What is Loya?
Loya is an AI-powered contract review platform designed to assist in-house counsel, CFOs, COOs, and CEOs in the efficient analysis of contracts. By uploading documents in .doc or .docx format, users can receive a comprehensive review within 1-2 minutes, identifying crucial red flags and ensuring compliance with market standards.
Loya's law-trained AI analyzes contracts against a database of agreements, highlighting significant clauses that may require amendments. The platform also connects users with the best-matched lawyers for further insights and final contract negotiations.
With an emphasis on confidentiality, Loya processes contract data in an anonymized manner, ensuring the protection of sensitive information. Suitable for various types of agreements, including software licenses and confidentiality agreements, Loya aims to streamline the contract review process while promoting due diligence and legal compliance.
â Key features
Loya core features and benefits include the following:
- âī¸ AI-powered contract review.
- âī¸ Supports .doc and .docx file formats.
- âī¸ Analyzes contracts against a database of agreements.
- âī¸ Highlights significant clauses.
- âī¸ Connects users with matched lawyers.
âī¸ Use cases & applications
- âī¸ Quickly assess the legal compliance of software licensing agreements by uploading documents to Loya, receiving an instant review to identify critical red flags and significant clauses that may need amendment..
- âī¸ Streamline the contract negotiation process for in-house counsel by leveraging Loya's AI capabilities to analyze various contract types in minutes, ensuring due diligence and reducing legal risks..
- âī¸ Connect with experienced lawyers through Loya's platform for tailored insights and assistance on complex agreements, enhancing the quality of negotiations and ensuring all legal standards are met..
đââī¸ Who is it for?
Loya can be useful for the following user groups:
âšī¸ Find more & support
You can also find more information, get support and follow Loya updates on the following channels:
- Loya Website (Login/Sign up)
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