Lexion vs Ironclad

The Lexion Alternative With 90%+ AI-Assisted Accuracy

Lexion users need time to fix mistakes made by their AI. Ironclad speeds up contracts with extreme accuracy.
Automate uploading, tagging, indexing, and redlining with the leader in contract AI.

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Users waste time fixing Lexion AI’s inaccuracies

Lexion has a hard time recognizing data in tables, identifying unique agreements, or connecting related documents.

Even after training the AI extensively, users still:

  • Spend time correcting AI mistakes
  • Manually tag items its AI didn’t catch
  • Miss out on other efficiencies because of AI faults

Lexion vs Ironclad feature comparison

Ironclad’s speed of AI innovation is unmatched


AI accuracy


Even after hours of training


Global leader in Contract AI

Identifies risk areas

Currently in closed beta

AI Playbooks

Suggests redlines

Currently in closed beta

AI Assist™

Provides negotiation guides

Only a summary

AI Playbooks

Detects contract properties



AI Smart Import

Custom AI training

Detect non-standard or custom clauses to fit your language

Forrester CLM Wave

Not recognized

Named Leader in 2023

Gartner Magic Quadrant

Not recognized

Named Leader in 2023

IDC MarketScape

Not recognized

Named Leader in 2023

Lexion vs Ironclad

Ironclad AI speeds up the entire
contract lifecycle

Index and tag legacy contracts 50% faster with Smart Import

Import legacy contracts and third-party paper in minutes. AI scans your documents and tags properties with 90%+ accuracy, making information immediately searchable in your repository.

"With Ironclad’s Smart Import, uploading legacy contracts is 40-50% faster and we get 2-3 times more contract data than before."

Daniela Lagoteta

Legal and Compliance Analyst


Create and update legal workflows on your own

Launch contract generation and approval processes without long implementation times or the need for technical support. Add conditional clauses and approvers as needed in minutes, using a drag-and-drop builder.

"It’s actually very intuitive once you start using it… I feel more than capable of starting new workflows and adapting existing ones to our needs without going to a support team."

Ezinne Okpo

VP of Legal


Accurately identify unapproved clauses with AI

AI Playbooks detect and highlight 198+ clauses and properties in real-time, showing potential risks. AI Assist suggests appropriate fallback language based on contract details and your clause library.

"Like many lawyers, I was skeptical of AI. But I wanted to try it, so I used Ironclad AI Assist to help draft a few clauses - and it was fast. I sent them to the counterparty and didn’t get a *single* redline back."

Katelyn Canning

Head of Legal Operations


Collaborate in real-time without missing a single comma

Convert any contract into a collaborative doc. When negotiations happen, Smart Detect combines edits from different stakeholders into a single output and adds new approvers based on redlines made.

"Legal, deal desk, and sales collaborate on redlines right in Ironclad. It’s foolproof to know which documents have been approved and what needs to happen next."

Ashley Hanks

VP, Head of Commercial Operations


Identify areas of improvement with up-to-date contract data

Analyze and share AI-tagged contract data with Ironclad Insights. Help teams across the organization understand where they could be making better operational, structural, and financial decisions.

"Ironclad Insights gives us the data we need to make these informed, impactful decisions based on contract data that was previously impossible to define."

Daniel Michalek

Manager, Legal Operations


Join Mary O’ Carroll, Alex Su, and other industry leaders defining the new world of digital contracting.

Ironclad Community

Join the world’s leading digital contracting community

Join Mary O’ Carroll, Alex Su, and other industry leaders defining the new world of digital contracting.

Get the answers and ideas you need to advance your role. Connect with peers, attend events, and voice your ideas with the Ironclad Community and Ironclad product team.

"My experience with the Ironclad community has been nothing short of warm and inviting. It is an amazing group that has found a way to connect a diverse legal industry through practical conversation and enjoyable dinners."

Lacy J. Lodes

Associate General Counsel

Mercari US

Charlene Barone headshot
orangetheory logo

Charlene Barone

Director of Legal Operations & Strategy


What AI is doing is redlining certain provisions for us. We have a set of specific terms that need to be in all of our membership agreements. Instead of manually redlining line item by line item, we identify the sections we want to update and then prompt AI Assist to do so.

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Lexion vs Ironclad

Frequently Asked Questions

Does Ironclad have a free trial?

Yes! It’s easy to get started, and there’s no commitment. Start your 14-day free trial here.

What is contract AI?

Contract AI refers to the use of artificial intelligence (AI) technologies in handling and analyzing contracts. It involves the application of AI to automate various aspects of contract management and review processes. Contract AI can assist in tasks such as contract drafting, contract indexing and tagging, contract review, and contract analytics.

How does AI help reviewing contracts?

Contract review usually involves a large team of legal experts manually comparing negotiated contracts against their reference materials. This process is time-consuming. With the advent of AI contract review, the process has become significantly faster and more efficient. By leveraging AI technology, software like Ironclad can swiftly scan through extensive contract documents, identifying unauthorized and potentially risky clauses that require approval from the legal team. This way, instead of having to read the entire contract, the legal team can now focus their attention on specific issues that require their attention.

How accurate is Ironclad AI? Can the AI make mistakes?

Ironclad AI provides a 90%+ accuracy rate for most contracts. Ironclad has processed over 1 billion contracts and trained its AI models over large data sets of public and proprietary contract data. Even though we work to make AI increasingly accurate every day, human review and expertise is suggested.

Who are Ironclad's competitors?

Ironclad has different competitors in the CLM and contract management industries. For a comprehensive list of competitors, read our guide on How to Choose the Best Contract Management Software.