
What is Loya?
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.
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.
Loya’s Core Features
AI-powered contract review Lawyer marketplace for final review Identification of red flags and missing clauses Customizable platform for enterprise clients
Loya’s Use Cases
- Reviewing IT agreements for software licenses and cloud services
- Identifying potential risks in contracts to avoid fines and penalties
- Protecting intellectual property from unscrupulous employees or contractors
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