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Loio Reviews & Product Details

Loio Overview

What is Loio?

Loio is AI-powered software for efficient contract review and drafting in Microsoft Word. This legal document software is your go-to legaltech solution if you're looking for a contract analytics tool to get instant high-level contract insights, a clear overview of the document structure, easily manage contract clauses, plus get rid of broken formatting.

Loio Details
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Loio Community
Languages Supported
English
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Product Description

Loio is a Microsoft Word add-in that simplifies legal document review and editing. With Loio's AI-powered analysis, users can deliver tidier contracts in less time and boost their performance.


Seller Details
Seller
Lawrina
Year Founded
2020
HQ Location
New York, US
LinkedIn® Page
www.linkedin.com
10 employees on LinkedIn®

BV
Overview Provided by:

Recent Loio Reviews

MC
Murat C.Small-Business (50 or fewer emp.)
2.0 out of 5
"Falls short in delivering a solution"
Loio complicates and decreases my experience when editing documents. The suggestions powered by AI are inaccurate which consumes me time and effort...
LW
Lisa W.Small-Business (50 or fewer emp.)
1.5 out of 5
"Error in document editing"
Loio has completely obstructed the way I work with my documents. It's not impressive how inaccurate this tool is, in identifying errors and suggest...
LD
Luis D.Small-Business (50 or fewer emp.)
1.0 out of 5
"Obstructed our document workflow"
Loios pricing is, on the side the amount of time. It fails to enable us to close deals at a pace. It needs to benefit from features and quicker upd...
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Loio Media

Loio Demo - Summary
Summary is your contract analysis report that includes high-risk and low-risk issues, plus the key information details that Loio has found in your document. All of these sections compose a Contract Health Score that displays how well-drafted your document is.
Loio Demo - Table of contents (ToC)
Table of contents (ToC) detects all essential structure elements of your contract: Title, Preamble, Recitals, Clauses, Signatures and Annexes. In each of these elements, you can review all errors that Loio has detected in your agreement.
Loio Demo - Clause bank
Clause bank is a modern and accurate snippet library that covers all areas of law practice. Here you can find and paste the right clauses for your documents, plus compose and manage your own snippets.
Loio Demo - Styling
Styling is a feature that helps you clean up messy formatting of your contract and fix fonts, font sizes, indents, spacing and other textual parts of your paragraphs.
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11 Loio Reviews

3.9 out of 5
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11 Loio Reviews
3.9 out of 5
11 Loio Reviews
3.9 out of 5

Loio Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
This product has not yet received any positive sentiments.
Cons
G2 reviews are authentic and verified.
MC
Accountant
Environmental Services
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Loio?

Loio complicates and decreases my experience when editing documents. The suggestions powered by AI are inaccurate which consumes me time and effort. The less user friendly interface and hectic integration with Microsoft Word make it difficult to use. Review collected by and hosted on G2.com.

What do you dislike about Loio?

Whether its catching typos, providing poor phrasing options or flagging legal concerns Loio is not always there to support me. Its like having an disorganised and independable assistant right by my side. The inconvenience of using it within Word without any steps is also obstructive. Review collected by and hosted on G2.com.

What problems is Loio solving and how is that benefiting you?

I find that Loio has its limitations in terms of functionality and features. It lacks editing tools, which hinders efficiency when working with documents. The customer support leaves something to be desired with slow response times and unhelpful solutions. Review collected by and hosted on G2.com.

LW
Support Team Leader
Leisure, Travel & Tourism
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Loio?

Loio has completely obstructed the way I work with my documents. It's not impressive how inaccurate this tool is, in identifying errors and suggesting improvements in time. It consumes me a lot of time and not allowing me to focus on the substance of my work. Review collected by and hosted on G2.com.

What do you dislike about Loio?

The hectic integration with Microsoft Word is not providing a user experience. The customer support team is not ready to assist and solve any concerns promptly. Loio has genuinely decreased the quality of my work. Review collected by and hosted on G2.com.

What problems is Loio solving and how is that benefiting you?

As for improvements it would be better if Loio had features like document collaboration and integration with other platforms. The interface uses some improvements to make it user friendly and customer support response times needs to be faster for an experience. Review collected by and hosted on G2.com.

FS
Natnure Vie
Small-Business(50 or fewer emp.)
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Validated Reviewer
Review source: G2 invite
Incentivized Review
Translated Using AI
What do you like best about Loio?

The existing structure for drafting commercial contracts but also the framework with precise clauses and especially UPDATED. Having the latest legislative directives is essential, due to the importance of each term that is drafted in the contracts. Review collected by and hosted on G2.com.

What do you dislike about Loio?

As a legal professional, I perform contract review daily, the price is high but above all I would like to be able to integrate the possibility of converting drafts sometimes made by my clients to save time. Review collected by and hosted on G2.com.

What problems is Loio solving and how is that benefiting you?

The addition and verification of legislation in contracts. The homogenization and the possibility of using WORD with the addition of the Loio tool, which is highly efficient. The functionality to correct and reposition at the formatting level of defective contracts may need improvement but already saves me valuable time. Review collected by and hosted on G2.com.

LD
It Manager
Retail
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Loio?

Loios pricing is, on the side the amount of time. It fails to enable us to close deals at a pace. It needs to benefit from features and quicker updates it is still unable to help us reduce operational expenses in the long run. Review collected by and hosted on G2.com.

What do you dislike about Loio?

There are some improvements required for filters to accurately identify contract details such as numbers, dates, and quotes. Despite its advantages in expediting processes and saving time and money, there are areas where I feel let down by Loio. Review collected by and hosted on G2.com.

What problems is Loio solving and how is that benefiting you?

It needs to incorporate features to distinguish itself from other similar products in the market. Increasing the accuracy of formatting fixes after copying content from PDFs to Word would be better. Review collected by and hosted on G2.com.

Riya J.
RJ
Product Designer
Design
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Loio?

-AI-powered document editing

- helps simplify and streamline document editing for its users

- proofreading too

- quickly and accurately detect errors in spelling, grammar, and punctuation

- plus you can customise it Review collected by and hosted on G2.com.

What do you dislike about Loio?

- very high pricing

- complex tables which make it difficult to understand when you begin

- no templates available so I can copy directly, I have to create everything Review collected by and hosted on G2.com.

What problems is Loio solving and how is that benefiting you?

We are a team of user research people who use it for:

1. Faster Analysis of Research Data

2. Improved Accuracy of Research Data

3. Improved Collaboration and Communication

4. Enhanced Visualization of Research Findings an presentation to other teams Review collected by and hosted on G2.com.

Alex v.
AV
Senior Enterprise Account Executive
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Loio?

-We have limited legal resources, so being able to use this tool is like having an a few assistants on hand.

-The proofreading AI seems to be pretty spot on - we utilize this to speed up the time we can review and resubmit contracts. Helps the urgency of our larger sales

-Easy plugin to the MS Office suite we use Review collected by and hosted on G2.com.

What do you dislike about Loio?

-Some more customized features and delivering new features at a quicker pace would be appreciated. That being said, the time this tool saves us pays for itself in being able to close larger deals quicker - so we can deal with these for now. Review collected by and hosted on G2.com.

What problems is Loio solving and how is that benefiting you?

-If you have limited legal resources or your legal team is always backed up (pretty standard), then this can help speed up the process a lot. I mentioned its like having extra assistants and its really the case. It benefits us in being able to shorten deal cycles and leaves our legal counsel with less work Review collected by and hosted on G2.com.

Mohammed  L.
ML
Sales Specialist
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about Loio?

-- No need to proofreading large contract document has many pages, Can get what you need by scan & analyze (Easy To Navigate)

-- Organize your contract parties with high level contract insights and better decision making using this amazing tool

-- Can edit and unify your contract document as you need

-- Reach whatever key elements you need in longer contacts withot hardwork but smart Review collected by and hosted on G2.com.

What do you dislike about Loio?

-- More improvements needed on filters to reach small contract details such as numbers, dates, qoutes or any other relevant data

-- This tool need to deal better with numbers using customized features Review collected by and hosted on G2.com.

What problems is Loio solving and how is that benefiting you?

-- Great contract tool helps & assists alot in understanding your contract with less time and effort

-- No need to read all contract to get what you want Review collected by and hosted on G2.com.

Verified User in Financial Services
UF
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Loio?

That the service automatically plugins from Microsoft word saves enormous time. Review collected by and hosted on G2.com.

What do you dislike about Loio?

Nothing. The cost seems expensive on the front end but actually saves operational costs on the backend. Review collected by and hosted on G2.com.

What problems is Loio solving and how is that benefiting you?

Saving a lot of time and money to streamline contracts and flip deals. Review collected by and hosted on G2.com.

Mikael P.
MP
Corporate Lawyer Partner
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Organic
What do you like best about Loio?

I like that Loio can scan and analyze contracts of any length — it can even process a 1,000-page contract, which is simply amazing. Plus, it extracts and groups all the key elements of the document into one easy-to-navigate list. Saves me lots of time. Review collected by and hosted on G2.com.

What do you dislike about Loio?

The longer the contract, the longer it takes for Loio to analyze it. It doesn't also pick up all the key elements I need — it depends on the type of contract I want to review. Review collected by and hosted on G2.com.

What problems is Loio solving and how is that benefiting you?

I like reviewing key terms and fix broken formatting after copy-pasting from PDF to Word. Review collected by and hosted on G2.com.

Elizabeth V.
EV
Associate Corporate Counsel
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Organic
What do you like best about Loio?

Loio has helpful features like identifying the parties, dates, time periods, places, prices, and more to come quickly within a contract. It significantly reduces my proofreading stress because I know I'm not missing references. Review collected by and hosted on G2.com.

What do you dislike about Loio?

There are several features still being developed, such as legal citation identification and links to the cites! Review collected by and hosted on G2.com.

Recommendations to others considering Loio:

It is free right now, so get in and test it out and let them know the features you would like to see going forward! Review collected by and hosted on G2.com.

What problems is Loio solving and how is that benefiting you?

I have been using Loio to better understand the structure and references in my contracts. Review collected by and hosted on G2.com.