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Loio

Loio

Overview

What is Loio?

Loio is an AI-powered software solution designed to assist in the creation and review of legal contracts. According to the vendor, it helps users generate accurate and compliant legal agreements, identify missing clauses, rectify typos, and ensure consistency across multiple documents. This versatile...

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Recent Reviews

TrustRadius Insights

Users of Loio have found that the software offers multiple use cases that enhance their research and document workflows. One key use case …
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Pricing

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Basic

$35

Cloud
per month

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services
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Product Details

What is Loio?

Loio is an AI-powered software solution designed to assist in the creation and review of legal contracts. According to the vendor, it helps users generate accurate and compliant legal agreements, identify missing clauses, rectify typos, and ensure consistency across multiple documents. This versatile software caters to businesses of all sizes, from individual practitioners to large law firms and enterprises. Attorneys, paralegals, land managers, and business owners across various industries can benefit from Loio's features.

Key Features

Automatically detect missing clauses: Loio utilizes AI technology to analyze contracts and identify any clauses that may be missing. It offers a comprehensive library of over 700 clauses that can be seamlessly added to the document with just one click.

Microsoft Word Compatibility with macOS, Windows Desktop, and Office 365 online: Loio seamlessly integrates with Microsoft Word and can be used across different platforms including macOS, Windows Desktop, and Office 365 online.

Privacy & Security: The vendor ensures that Loio prioritizes user privacy and maintains maximum security for all agreements and documents processed within the software, safeguarding user data and confidential information.

Integrated clause management with hundreds of clear clauses, automated tip generation, and much more: Loio provides an integrated clause management system that includes a wide range of clear and legally compliant clauses. Additionally, it generates automated tips to aid users in the drafting and reviewing process of contracts.

Quick and Detailed Summary of Your Contracts: Loio automatically reviews contracts and provides a score, enabling users to quickly and comprehensively assess the quality of their contracts. Users can choose to accept Loio's suggestions for improvement or leave the document unchanged.

Contract Score: Loio identifies gaps in numbers, dates, and critical details within contracts, while also detecting missing provisions using innovative technology, ultimately providing a comprehensive contract score.

Tips: Users can conveniently access a main taskbar that displays detected inaccuracies, making it easier to rectify errors and provide accurate data. This feature streamlines the contract review process.

Key Terms: Loio focuses on the key terms within contracts, ensuring that the software effectively analyzes and processes these crucial elements. This feature enhances the accuracy and efficiency of contract analysis.

Automated Clause Management: Loio simplifies the process of creating and managing clauses within contracts by offering automated clause management. Users can effortlessly craft agreements with legally compliant and clear clauses.

Clause Analysis: Acting as a smart assistant, Loio swiftly scans contracts and identifies any lacking provisions within seconds. This time-saving feature ensures that contracts remain comprehensive and accurate.

Loio Features

  • Supported: Contract Drafting
  • Supported: Document Storage
  • Supported: Full Text Search
  • Supported: Team Collaboration
  • Supported: Contract/License Management
  • Supported: Style Check
  • Supported: Text Editing

Loio Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsWeb-Based, Mac, Windows
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Comparisons

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Reviews

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

Users of Loio have found that the software offers multiple use cases that enhance their research and document workflows. One key use case is the ability to analyze research data more efficiently, allowing users to process information at a faster pace. This has been particularly helpful in saving time and improving productivity when dealing with large amounts of data. Additionally, reviewers have praised Loio for its accuracy in improving the reliability and precision of research data, ensuring that information is credible and error-free.

Another important use case of Loio is its ability to facilitate collaboration and communication among team members. Customers have reported that the software enables seamless teamwork and knowledge sharing, ultimately enhancing overall productivity. By providing a centralized platform for reviewing and editing documents, Loio enables real-time collaboration and eliminates the need for back-and-forth communication through email or other channels.

Furthermore, Loio has been commended for its visualization capabilities, allowing users to present research findings in a clear and compelling manner. The software provides effective tools for formatting documents and ensuring consistent styles throughout, resulting in a unified and professional appearance. This feature is highly valued by customers who need to create visually appealing reports or presentations.

Moreover, users have found Loio helpful when working with contracts. The software allows for easy review of key terms and fixing broken formatting after copy-pasting from PDF to Word, thus maintaining document integrity. Additionally, customers have utilized Loio to gain a better understanding of the structure and references in their contracts, which has contributed to improved comprehension and analysis.

Overall, based on user experiences, Loio offers several valuable use cases such as faster analysis of research data, improved accuracy of information, enhanced collaboration among team members, effective visualization of findings, streamlined contract management, and improved comprehension of complex documents.

Easy and Intuitive Editing: Users have found Loio to be a very easy and intuitive tool for document editing. They appreciate how it simplifies their editing tasks, making the process straightforward and user-friendly.

Accurate Error Detection: Many reviewers highly appreciate Loio's ability to quickly and accurately detect errors in spelling, grammar, and punctuation. This feature has helped them identify and correct mistakes efficiently, saving them time and ensuring the quality of their documents.

Effective Contract Analysis: Several users have praised Loio for its effectiveness in identifying contract language. This feature is particularly beneficial for contract review processes as it helps increase turnaround time. Users have found this capability amazing, with some mentioning that Loio can even analyze lengthy 1,000-page contracts with ease.

High Pricing: Some users have expressed dissatisfaction with the high pricing of Loio. They feel that the cost is too expensive for what the software offers.

Complex Tables: Several reviewers have found the tables in Loio to be complex and difficult to understand, especially when they are new to using the software.

Lack of Templates: Many users have mentioned that they find it time-consuming to create everything from scratch in Loio due to the absence of templates. They suggest that having pre-designed templates would be helpful in streamlining their workflow.

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