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Lexion

Lexion exists to help make in-house legal teams feel happy, productive and valued.

|Visit lexion.ai

How much does Lexion cost?

Median contract value
$27,717
per year
Based on data from 22 purchases.
Median: $27,717
$13,740
$48,738
LowHigh
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How does Lexion price and package their products?
View pricing on Lexion's website
Select a product to view Lexion pricing
Professional
Contact for pricingPricing ModelSubscription-BasedBillingAnnualTerm Length1 yearPopular FeaturesHelping in-house legal teams feel happy, productive, and valued.Add-OnsHubSpot Integration, Editor User, Admin User, AI Assist plus CLM User, Legal User, Manager User, Workflow Advanced Automation

Compare prices for similar companies

Supplier
Lexion
LinkSquares
Median Contract Value$27,717$29,519
Avg Savings-26.69%

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Negotiating with Lexion

Negotiation Tips

Presenting competitors as viable alternatives can strengthen your negotiation position when discussing terms with Lexion. By demonstrating that other software can fulfill your needs at a lower price, you put pressure on the vendor to match or improve their offer. This can be particularly useful in discussing pricing and terms for add-ons or increased features.
If the provided contract includes a rate uplift for next year, emphasize your budget constraints and use this as leverage to decrease or eliminate that uplift. Make it clear that this was not previously communicated and that a stable pricing structure is essential for your renewal.
Before finalizing your agreement, review previous usage of Lexion's modules. If certain features or seats are underutilized, leverage this information to negotiate a lower price based on the actual value delivered. This can also be part of a broader renegotiation strategy to maintain payment levels while reducing scope.
When discussing pricing adjustments, mention that any discounts previously provided were not specified as one-time, indicating that you expect similar or more favorable terms moving forward. This can create space for negotiation and help secure a more agreeable price.
Address overage fees upfront when negotiating. If your usage is projected to remain steady or is expected to increase, request that any overages be waived completely or reduced. This plays into your usage history and helps align future billing expectations.

Considerations when buying Lexion

OwnershipPrivate
Fiscal year endDecember 31
Best months to buyDecember, March, June
Payment TermsNet 30, Annual upfront payment discounts
Upgrades/downgradesYes, Lexion offers both upgrades and downgrades for its services, making it easy for users to adjust their resources as their needs change.
Redline thresholdRedline threshold estimate is $50k.

Vendr community insights for Lexion

What real buyers recommend in the negotiation process

Company with 201-1000 employeesThis year
During a recent CLM evaluation, our team was made aware that Lexion was acquired by DocuSign and therefore made more sense to work with DocuSign. If your team is working with Lexion or is planning to purchase Lexion, I would be on the look out for governing language, pricing, or sku's to change in the near future.
Company with 201-1000 employeesA while ago
Refused to remove auto-renew language from the contract.

Additional Info

What is Lexion?

Lexion exists to help make in-house legal teams feel happy, productive and valued.
Lexion's 3 Product
Lexion
Lexion exists to help make in-house legal teams feel happy, productive and valued.
Repository
All your contracts in one place, with AI to help you organize and report on them
Workflow
Speed up deals with intuitive task intake and management made for legal teams, including simple, single-step automations.

Security and compliance

DPA available
SOC2 attestation
Annual penetration tests

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