Share privileged files without losing control.
The data room built for law firms and legal teams. Manage confidential case files, client materials, and contracts with enterprise-grade security and complete audit trails.Set up in under 5 minutes.
24/7 dedicated support for enterprise deals
Legal document sharing needs to be airtight
Attorney-client privilege, confidential case files, and sensitive contracts demand more than email attachments and shared drives. One slip can mean waived privilege or malpractice claims.
Privilege protection
Privileged communications shared via generic cloud tools risk inadvertent disclosure. Once privilege is waived, it cannot be restored.
Audit trail gaps
Courts and compliance officers require proof of who accessed which documents and when. Most sharing tools lack the granularity legal work demands.
Disorganized case files
Contracts, exhibits, discovery materials, and correspondence scattered across email, Dropbox, and local drives slow down every matter.
Client-facing complexity
Clients, co-counsel, opposing parties, and courts each need different access levels. Managing permissions across matters is time-consuming and risky.
Security and organization legal teams actually need
Peony gives you NDA-gated access, complete audit trails, integrated e-signatures, and branded client portals — all at a fraction of legacy VDR pricing.
NDA gates, watermarks, 2FA, and screenshot blocking
Gate confidential documents behind NDA signatures. Add dynamic watermarks to every page, require two-factor authentication, and block screenshots — ensuring privileged materials stay protected at every step.
NDA-gated access
Require opposing counsel, co-counsel, or clients to sign an NDA before viewing sensitive case materials. Integrated e-signatures make it seamless.
Dynamic watermarks
Every page stamped with the viewer's identity and timestamp. Deter unauthorized sharing of privileged documents and trace any leak to the source.
Two-factor authentication
Add an extra layer of identity verification before anyone accesses confidential case files, contracts, or discovery materials.
Track every view, download, and signature
Maintain a tamper-proof record of all document activity. Page-by-page analytics show exactly which sections reviewers focused on — critical for due diligence, discovery, and regulatory compliance.
Page-by-page tracking
See which pages of contracts, briefs, or discovery documents reviewers spent the most time on. Understand exactly what matters to the other side.
Court-ready logs
Exportable audit trails with timestamps, IP addresses, and device details. Demonstrate chain of custody and compliance when it matters.
Matter-level permissions
Give clients access to their matter folder, co-counsel access to shared work product, and experts access to specific exhibits — all from one data room.
Sign contracts and share files under your brand
Get legally binding e-signatures with AI-powered field detection. Share documents through branded client portals with your firm's logo and colors — no more generic Dropbox or Google Drive links.
AI-powered e-signatures
AI automatically detects signature, date, and input fields in your contracts. Send for legally binding signature in seconds, not minutes.
Attorney-approved templates
Start with vetted templates for NDAs, engagement letters, and retainers. Reduce drafting time and ensure compliance from the first page.
Branded client portals
Share documents through portals featuring your firm's logo, colors, and custom URLs. Make every client interaction look professional and on-brand.
Structure matters the way you structure cases
Organize documents into logical folder hierarchies by matter, client, or document type. AI can help generate folder structures and answer questions across your entire document library.
Matter-based folders
Organize by matter, client, or document type with nested folder hierarchies. Keep every case file exactly where your team expects it.
AI-powered Q&A
Ask questions across contracts, briefs, and exhibits in natural language. AI retrieves answers with exact source references from your document library.
Version control
Update shared documents without breaking links. Recipients always see the latest version while you maintain a full history of changes.
"Peony is a standout for data rooms and gated file sharing — intuitive, secure, and beautifully designed. The AI actually adds value, not just a checkbox feature. Highly recommend."
Michael Hui
Managing Director at Piton Partners
Anthony Gale
Founder & CEO, PromoLens
Not often I make recommendations, but I started using Peony to share presentations etc with external people. It works so well & makes us look really organized. We looked at DocSend etc. but the cost & clunkiness just put us off.
Frequently asked questions
What is the best data room for law firms?
Peony is the modern data room built for legal professionals. Unlike legacy VDRs like Ideals and Firmex that overcharge for basic privilege protection, Peony offers court-ready audit trails on every plan — including a free plan ($0) — with NDA-gated access, screenshot blocking, dynamic watermarks, and AI-powered Q&A on the Business plan ($40/admin/month).
How do law firms protect attorney-client privilege in a data room?
Peony protects privileged communications with NDA-gated access that requires signatures before viewing, screenshot blocking to prevent unauthorized duplication, dynamic watermarks with viewer identity on every page, and two-factor authentication. Peony also offers controlled redaction to permanently black out financial figures, PII, or privileged terms before sharing documents with opposing counsel or third parties. Granular matter-level permissions ensure only authorized parties access confidential case files. Peony's infrastructure is SOC 2-ready, GDPR, CCPA, and HIPAA compliant.
What features should a law firm require in a data room for M&A transaction closings?
For M&A closings, law firms need page-level analytics to confirm counterparty review, complete audit trails for chain-of-custody evidence, NDA gating before any document is visible, granular permissions so each party only sees their own closing set, and structured folder organization that mirrors the closing checklist. Peony provides all of these plus AI-generated due diligence checklists that track uploaded vs missing documents with completeness scoring, so nothing slips through before signing. AI-powered Q&A on the Business plan ($40/admin/month) lets associates search across purchase agreements, disclosure schedules, and ancillary documents in natural language — eliminating hours of manual cross-referencing during time-pressured closings.
How much does a legal data room cost for a mid-size law firm managing client transactions?
Legacy VDR providers like Ideals and Firmex charge thousands per matter for basic file hosting — costs that add up quickly for a mid-size firm running multiple transactions simultaneously. Peony offers a free plan ($0) with 2 GB storage, scales to $20/admin/month (Pro, 200 GB) with e-signatures and court-ready audit trails, and $40/admin/month (Business, 1 TB) with NDA gating, screenshot protection, and AI-powered Q&A. Peony has no per-viewer, per-page, or per-link limits, so costs stay predictable whether a single matter has five parties or fifty. A mid-size firm managing a dozen concurrent transactions pays a fraction of what a single Ideals room would cost.
Can a data room provide court-ready audit trails?
Yes. Peony maintains tamper-proof audit trails with timestamps, IP addresses, and device details for every document view, download, and signature. These exportable logs demonstrate chain of custody and compliance — critical for litigation, discovery, and regulatory matters where proving who accessed what and when is essential.
Can law firms collect signatures on NDAs and closing documents directly inside Peony?
Yes. Peony includes legally binding e-signatures with AI-powered field detection that automatically identifies signature, date, and input fields in your documents. Law firms can send NDAs for execution before counterparties view a single page of the data room, then route closing documents — purchase agreements, officer certificates, and ancillary exhibits — for signature without leaving Peony. No separate DocuSign or Adobe Sign subscription required, and every signed document is logged in the audit trail alongside viewing activity for a complete chain of custody.
How does AI help legal teams manage case documents?
Peony's AI-powered Q&A lets legal teams ask questions across contracts, briefs, exhibits, and discovery materials in natural language and get instant, sourced answers with exact references. Peony's auto-indexing automatically classifies uploaded documents, applies OCR to scanned files, and builds a full-text search index so your team can find any clause or exhibit instantly. Search your entire document library without remembering file names — available on the Business plan ($40/admin/month), not an enterprise add-on.
What support does Peony provide law firms managing client transactions?
Peony provides 24/7 dedicated support for enterprise clients — because when opposing counsel cannot access closing documents at 2 AM before a signing, the deal team needs immediate resolution, not a ticket queue. Enterprise support is available to firms who book a demo with our deal infrastructure team. Every plan includes in-app help, documentation, and email support. For law firms whose reputation depends on flawless execution, Peony ensures external parties never hit a dead end.
Can I create branded client portals for my law firm?
Yes. Peony lets you share documents through branded portals featuring your firm's logo, colors, and custom domain. Every client interaction looks professional and on-brand — replacing generic Dropbox or Google Drive links with a secure, white-labeled experience that reflects your firm's identity.