SpeedLegal

What is SpeedLegal?

SpeedLegal is a tech startup focused on contract review. It uses machine learning — including deep learning, LLMs, and genAI — to identify important terms and potential risks in any contract, then delivers a simplified report that helps you make informed decisions before you sign.

SpeedLegal does not provide legal advice. Instead, it acts as an assistant for reading contracts, offering data-based insights to support your decisions. As an Alternative Legal Service Provider (ALSP), its focus is on improving how contracts are managed and negotiated, working alongside your legal team.

Currently, SpeedLegal handles Common Law contracts and is expanding to more Civil Law states. It processes contracts across the USA, with growing coverage in Europe and Latin America.

Who created SpeedLegal?

SpeedLegal was founded by Hans Paul Pizzinini, an entrepreneur who previously worked at Amazon, together with his co-founder Sami. The idea originated in San Francisco after they won the Blockchain Hackathon at Stanford. Their goal is to make understanding contracts simpler and to free up time for human interaction rather than tedious contract review.

What is SpeedLegal used for?

• Spotting key terms and risks: AI and deep learning models identify the most important parts of a contract and highlight potential risks.
• Setting market standards: Analysis of high-quality contracts and data helps establish standard practice.
• Automated summaries: Get an automated contract summary to understand agreements faster.
• Issue alerts: Flags common contractual problems and red flags, which can be addressed with a single click.
• Recommendations: Offers suggestions to fix contract errors and unfavorable terms, helping you avoid mistakes from overlooked details.
• Key details extraction: Pulls out important information — including financial details — to speed up decision-making.
• Custom standards: Tailor contract standards to fit your specific business objectives.
• Secure storage: Provides a safe place to store and protect your contracts.
• Tailored review: Contract review services for startups, growing businesses, and larger enterprises.
• Free reviews: Free contract review services for individuals and communities that might not otherwise have access.
• Faster negotiation: Helps reduce time spent negotiating contracts.

Lawyers and other professionals use SpeedLegal to uncover hidden risks and get quick answers to contract-related questions.