Comparing Legora & Emma Legal
Legal Due Dilligence with Legora
While Legora is a rich horizontal AI Legal platform, it has no specific End-2-End workflows to take in an external data room and to go through the specific workflow of legal due diligence, nor does it generate a Red Flag Report.
Comparison Sheet
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Pricing
Legora
Per user, typcially entire firm. Pricing ranges between € 1000 - € 3000 / per user depending subscription.
Emma
Combination of per deal and duration formula, ranging between € 500,- and € 1.200,-
Document Management
Legora
Only has a stand-alone data room with drag-and-drop folders up to 10 GB and Sharepoint connectivity.
Emma
Embedded integrations with external data rooms providers, as well as the options to use Emma as a data room.
Currently supporting: OneDrive, Sharepoint and, Ansarada.
Upcoming connection: Intralinks, Datasite, HighQ and Google Drive
Information Request List (IRL)
Legora
No application.
Emma
Structured data rooms based on own IRL, standard IRL or DD questionaire providing an instant gap analysis of missing documents.
Red Flag Detection
Legora
Ask questions per individual document type and check for specific clauses across entire data room.
Emma
Ask questions per individual document type and check for specific clauses across entire data room.
Red Flag Reporting
Legora
No application.
Emma
Shareable red flag dashboard for real-time external and internal alignment. Providing the ability to download the final red flag report in .DOCX to further tailor it to your needs, as well as in PDF-version.
Workflow
Legora
Approve per red flag and develop tailored workflows for high-level practice areas.
Emma
Approval flow per document and per red flag, with the ability to create tailored M&A centered workflows and support for manual DD process.
Matrix
Legora
The Tabular Review provides a clear document overview of the basic functionalities like tags, properties, formats.
Emma
Emma provides (Besides the basic functionalities) and XLS. exportable data room overview with color coded detected legal risk and intuitive interface to easily go from comprehensive overview to detailed document review.
Collaboration
Legora
Different user roles (associate, senior, partner) to review Red Flag Findings as well as Audit Trail.
Emma
Different user roles (associate, senior, partner) to review Red Flag Findings, Audit Trail and option to invite external stakeholders.
Support
Legora
Clients have access to a dedicated Engagement Manager.
Emma
Premium chat support + dedicated Engagement Manager.