Spellbook Competitor Comparisons: Ivo
Spellbook vs. Ivo
Since Ivo's launch in 2023, both tools have gone head to head in contract AI. They feature top grade security, review and redline, and live right in Word.
Ivo
Complete Contracting AI Suite
Contract Review
Used by 3,000+ legal teams
Primarily Enterprise In-House
Works out of the box
Set up time required
Product Features
Suite Overview
Ivo's legal AI offering focuses deeply on contract review and redlining, offering a strong alternative to most tools in the space.
Spellbook stands out with the breadth of it's suite, covering contract review & redlining along with drafting, benchmarking, and multi-document workflow with their Agentic solution, Spellbook Associate.
Both tools feature in-app AI Chats, Spellbook benefits from their cited answer feature which references specific sections or clauses in their answers, with a clickable link to jump to the section.
Ivo
Review & Redlining
Drafting
Benchmark Comparisons
In-Document Q&A (AI Chat)
Advanced
Basic
Multi-document workflows
How it works
AI Models and Functionality
Both tools live in Word, have industry leading redlining and contract review, and are some of the only offerings to host customizable playbooks.
Spellbook uses the latest LLMs, including Claude's Sonnet and OpenAI's o1, while Ivo focuses more closely on GPT4o. Spellbook also has a few more refined features including preference learning and clause library.
Ivo
Word Add-In
Uses Latest LLMs
o1, GPT4.5, Claude Sonnet 3.7
Advanced Redlining & Review
Customizable Playbooks
Drafting Clauses & Entire Documents
Learns your preferences
Beta
AI Agent
Clause Library
Customer Experience
User Experience and Setup
Spellbook, with it's year head start on Ivo as the first generative AI in law, wins on ease-of-use and time-to-value, boasting a nearly instant set up time and intuitive user interface.
Ivo
Product Maturity
3 Years
2 Years
Intuitive Interface
Works out of the box
Configuration required
Security
Trust and Compliance
Both platforms feature a reliable and secure platform, boasting SOC2 and Zero Data Retention.
Ivo
SOC2 Type II
Zero Data Retention
Single Sign On (SSO)
AI designed for law firms and in-house teams
KMSC Law LLP
Law Firm
“Spellbook saves a lot of time and makes us more productive as attorneys. It's like my personal paralegal.”
Cyber GC
Law Firm
“If Spellbook saves me two hours per year, it pays for itself. But it saves me 25-30% of my time. ”
CunninghamLegal
Law Firm
“I love Spellbook. I use it every day. It saves me at least one hour, sometimes two hours, a day.”
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