SpeedLegal
SpeedLegal is an AI-powered tool for enhanced contract review, offering risk identification, personalized advice, and analytics to help users navigate complex agreements efficiently.
Independent assessment across data handling, compliance, security and transparency.
Risk factors
3- Processes potentially sensitive legal documents.
- Data may be stored and processed in the cloud.
- User data may be used for training purposes without clear opt-out.
Recommendations
4- Do not submit NDAs or contracts with third-party confidentiality restrictions
- Request enterprise data processing agreement (DPA)
- Confirm data is not used for model training
- Prefer purpose-built enterprise contract tools with SOC 2 certification
Data handling
- Storage
- Cloud SaaS; contract content stored on vendor infrastructure
- Retention
- Not publicly documented
- Training on inputs
- Unknown
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