Are you looking for an end-to-end AI-powered CLM solution and considering LawVu? This blog covers LawVu reviews, key features, pros and cons, and more so you can make an informed buying decision.
LawVu is a unified SaaS workspace with collaboration and productivity tools built for in-house legal teams. It allows them to manage their matters, contracts, documents, e-billing, outsourced work, and reporting from a cloud-based, secure, and connected platform.
With a product focus on all legal operations, LawVu helps in-house counsel to do their best work in one place. But if you’re looking for CLM capabilities that carefully address different stages of the contract lifecycle, LawVu may fall short of the right features. So this blog will further compare LawVu with HyperStart CLM, the alternative that outperforms LawVu with advanced extractive AI, intuitive automations, and an end-to-end CLM platform that goes the extra mile.
Let’s dive in.
A complete overview of LawVu Software
As Tim Boyn, the co-founder and chief strategy officer puts it, “LawVu is to legal what Salesforce is to sales teams.” It allows legal to stay on top of strategy, progress, timelines, and staffing while they automate chore work.
In a nutshell,
- Best suited for: In-house legal department that deals with legal advice requests, contract executions, M&A transactions, litigations, contracts, documents, e-billing, and outsourced.
- Rating: 4.6/5 rating on G2 and 4.8/5 on Capterra
- Pricing: While the pricing has not been disclosed, the platform has 3 pricing editions, with only 2 of which offering contract management capabilities
LawVu was built to make contracts and matters work together better and smarter in one connected workspace. This approach is aimed at yielding better outcomes, higher ROI, greater time savings, and amplified workflow efficiency at a lower cost. Let’s look at some reviews from real users next.
LawVu reviews
Here are the reviews that reflect the thoughts of LawVu users from reliable platforms like G2.
Positive reviews
Having a single source of truth for all our legal department’s needs is a great way to ensure we are capturing and maintaining historical business knowledge, advice, and past resources in a manner that allows the team to focus on bigger projects. We are able to customize numerous workflows such as litigation, vendor management, regulatory business advice, marketing reviews, and more to better streamline our processes in an easy-to-use way.
It centralises legal requests – workflows – and contracts into a single platform, streamlining processes and reducing manual work. Also integrates with tools like Microsoft 365, enhancing collaboration and efficiency which helps teams get more time for other matters.
My favorite thing about LawVu is the ease of use. It has an interface that is easy to understand and navigate, which helps me to use LawVu to organize my tasks.
Negative reviews
Like in most tech, there are some integrations that are limited but could be improved. In addition, they’ve added new modules to their product, but we do think it would also be good to prioritize the basic features that are essential for both matters and contracts as well. To name a few, it would be better to have more visibility options for business users so that it likewise empowers them to use the tool.
There are changes that take place in the background and we are not aware of or glitches on the system which delays the work and we are having to constantly notify the support team online and wait for feedback.
The contract approval hierarchy system needs to be shorter, which could save additional time. They need to improve their customer support assistance as it is complex in nature.
Pros and cons of LawVu software
Now, let’s go over the pros and cons of Evisort based on the above reviews.
Pros of LawVu
- Centralized platform: LawVu centralizes all matters and contract work for in-house legal departments, creating a “single source of truth” for managing historical knowledge, advice, resources, data, and intelligence.
- Customizable workflows: It streamlines various legal processes like litigation, vendor management, regulatory advice, and contracting processes.
- Task organization: The platform helps legal teams manage and prioritize tasks effectively.
Cons of LawVu
- Limited integrations: On account of the broad product focus, the suite of integrations is limited.
- Feature prioritization issues: While new modules are being added frequently, some users feel basic features for matters and contracts need more attention.
- Visibility options for business users: Visibility for business users can be enhanced to empower them to use the tool more effectively.
- Complex support: Some users find it difficult to navigate through support requests.
- Contract approval: The hierarchy of contract workflows is described as too lengthy by some users, which impacts efficiency and contract closures.
Overall feedback of LawVu
LawVu offers in-house legal teams a centralized, user-friendly platform with customizable workflows for matters and contracts. But, it falls short on fundamental product functionalities, support, and integrations.
Next, let’s go over LawVu’s pricing plans.
Want to switch from LawVu?
Don’t let LawVu limitations hold you back. Unlock full contract potential with HyperStart CLM.
LawVu pricing plans
LawVu’s pricing approach is just like our legal workspace: simple, scalable, and designed to deliver superior value to your legal team and business. Pricing is based on the solution you choose and the number of users on your team, and every subscription includes access for business users to collaborate with legal, expert onboarding, dedicated customer success, and 24/7 support.
LawVu has 3 pricing editions. Look at different pricing editions below and see what edition and features meet your budget and needs.
The next section will explore LawVu’s features.
LawVu features
As a legal workspace, LawVu offers a whole suite of solutions.
- Matter management: Provides complete visibility of documents, emails, requests, and work in progress. It helps optimize productivity and standardize team operations while reducing administrative tasks so legal teams can focus on strategic work.
- Contract management: Encompasses all aspects of contracting, including drafting, negotiation, collaboration, repository, and contract intelligence.
- Spend management: Allows legal teams to gain better control over legal expenditures with invoice management, e-billing, secure outside counsel collaboration, workflow automation, and detailed reporting capabilities.
- Insights & reporting: Enables legal teams to make data-driven decisions and demonstrate the value of legal operations with user-friendly visual dashboards and comprehensive reporting for matter, contract, and spend management.
- Intake and self-serve: Improves legal services and enhances collaboration by centralizing requests, enabling self-service, automating contracts, and improving visibility with a unified legal portal.
- Document management: Integrated and searchable knowledge base and document management system specifically designed for your legal team.
- Workspace intelligence: Leverages secure AI technology across the legal workspace to save time, accelerate workflows, and unlock actionable insights.
If you are considering LawVu for your contract management needs, you may also want to explore HyperStart CLM, an AI-powered contract management software. Not every organization needs a full-fledged tool for all things legal.
Let’s compare the two in a nutshell.
LawVu vs HyperStart: A quick comparison
HyperStart | LawVu |
Robust end-to-end CLM | End-to-end matter and contract management with inadequate core features |
Legal teams who want to automate the contract lifecycle | Legal teams who want to automate matters, contracts, and hidden legal work |
Quickly resolves issues | Complex and difficult to navigate |
Simple, self-serve approvals | Winding approvals |
Easy, safe visibility and access across stakeholders | Limited visibility for business users, which disempowers teams |
Robust integrations across the contract lifecycle | Limited and weak integrations with core systems |
Why switch to HyperStart contract management software
HyperStart CLM is built for in-house legal teams that want to specifically optimize their contracts from start to finish. Unlike LawVu, the core contract management features are robust and reliable. Find the core features below.
Core capabilities of HyperStart
- Centralized repository: Single source of truth for all contracts implementable in just one week with powerful AI filters.
- Obligation monitoring: Automatic metadata extraction, performance tracking, renewal reminders, and dynamic dashboards for visualizing contract liabilities, risks, and opportunities.
- Contract workflows: Self-serve no-code approval workflow templates to reduce TAT and minimize business risk.
- Negotiation: AI-powered redlining with an in-browser MS Word editor for collaborative negotiations with counterparties.
- Contract signing: Hand-drawn/OTP-based signing and Docusign and Adobe Sign integrations.
Business benefits of switching to HyperStart
- 75% reduced in admin time: Generate accurate first-pass reviews in seconds.
- Rapid implementation: Repository setup in 1 week, workflow configurations in 2 weeks.
- Cost-effective solution: Affordable alternative specifically designed for growing businesses with targeted CLM needs.
- User-friendly experience: Bulk upload with immediate AI extraction and short 2-3 minute training videos for day-one productivity.
Ready to see these benefits in action? Book a demo today.