Virtual data room review

HighQ review

Thomson Reuters collaboration suite with secure sharing for legal.

7.6/10 Our test score
SOC 2 / ISO 27001 Ranked #17
7.6
Our test score (of 10)
Custom (quote-based)
Pricing
No
Free trial
Cloud
Deployment

How HighQ scores

7.6/10 Our test score
4.3/5 editorial score
  • Security & compliance 8.5
  • Deal features 8.2
  • Ease of use 6.4
  • Support 7.4
  • Value for money 6.5

HighQ scores strongest on security & compliance.

What HighQ can do

Here is the capability set we verified on HighQ, so you can see what is covered before booking a demo.

6/12 core data room capabilities present on HighQ

Access & identity

  • SSO
  • Two-factor auth
  • API access

Document protection

  • Dynamic watermarking
  • DRM controls
  • Redaction

Collaboration & workflow

  • Q&A module
  • Bulk upload
  • E-signature
  • Mobile app

Intelligence & oversight

  • Audit trail
  • AI tools

Who HighQ is for

A strong fit if
  • Law firms on Thomson Reuters stack. Data room lives next to iSheets, matter workflows and client portals in one platform they already use.
  • In-house legal teams with recurring diligence. Value comes from continuous matter-based work and automation, not one-off transactions.
  • Regulated teams needing full audit trails. Per-user, per-group, per-folder permissions with independent view/download control and every action logged.
Look elsewhere if
  • Buyers needing one fast, self-serve room. It is a suite to stand up, not a room you provision in an afternoon; overkill for a clean one-off deal.
  • Teams that require published pricing and a trial. Quote-only, no USD list and no free trial, so you cannot self-test before a sales call.

What stands out, and what to watch

01 iSheets automation Structured data grids drive checklists, trackers and workflow steps directly against your documents, turning the repository into a workflow engine.
02 Matter and deal room together Secure sharing sits beside task management, threaded collaboration and client portals, so diligence runs inside broader matter work.
03 Granular legal permissions Rights apply per user, per group and per folder, with view and download controlled independently and written to the audit log.
Limitations
  • Setup overhead. Provisioning a site, sharing area and permission groups takes real configuration; reaching a live space is slower than lighter deal rooms.
  • Needs a TR relationship. Support is enterprise account management and implementation help, not a self-serve, documentation-first product for independent teams.
  • DRM and residency unconfirmed. Document-level DRM and specific hosting jurisdictions should be verified with the provider, since collaboration suites emphasize workflow over lockdown.

How well HighQ fits each job

  • Ongoing legal matter work Strong fit Diligence embedded in continuous matter management is exactly what the suite is built for.
  • Legal project management Strong fit Workflow automation and iSheets coordinate many stakeholders over long engagements.
  • Single fast M&A close Poor fit A purpose-built deal room is faster for a clean, one-off transaction.
  • Lightweight self-serve room Poor fit Too much platform when you just want a room that exports cleanly and stays out of the way.

What HighQ really costs

ModelQuote only (custom)
What you pay

No published price list; enterprise pricing scoped individually by Thomson Reuters.

What drives the price

Seat count, which collaboration modules you add, and firm size push the number up.

Watch for

No free trial means no hands-on test before committing to a sales conversation; suites at this tier commonly land in the four-to-five-figure-per-year USD range once modules are on, but confirm directly.

Security in practice

  • SOC 2 attested
  • ISO 27001 certified
  • Encryption in transit and at rest

Formal ISMS plus full user-activity audit logging protects client-confidential material and supports regulated record-keeping; confirm data-residency regions and document-level DRM directly before committing.

Getting started

Guided implementation

Heavier than a self-serve room; budget onboarding time and, in most cases, a Thomson Reuters implementation contact to reach full iSheets and workflow value.

The bottom line

Buy HighQ if you are a legal team that wants secure sharing, collaboration and workflow automation in one place, especially on the Thomson Reuters stack. If you need a fast, self-serve room with published pricing and a trial for a single deal, choose a focused VDR instead.

Is HighQ secure?

HighQ is independently certified to SOC 2 and ISO 27001, runs on a cloud deployment, and covers the core data room controls: encryption in transit and at rest, granular permissions and an audit trail.

SOC 2 ISO 27001 GDPR Cloud deployment

HighQ security and certifications vs nearest alternatives

ProviderSOC 2ISO 27001DeploymentFree trial
HighQReviewed Yes Yes Cloud No
Ellty Yes No Cloud Yes
iDeals Yes Yes Cloud Yes
Datasite Yes Yes Cloud No
Certification status as published by each vendor; verify against your own compliance needs.

HighQ alternatives

If HighQ is not the right fit, these ranked alternatives cover the same core jobs with different trade-offs on price, security depth and setup speed.

1
Ellty 4.8/5 · editorial score

Modern, full-featured data room for M&A, due diligence, real estate and fundraising.

Free trial M&A fundraising
9.6/10
from $149/mo
Visit site Sponsored
2
iDeals 4.7/5 · editorial score

Feature-rich VDR with strong support, popular for cross-border deals.

Free trial SOC 2 / ISO 27001 M&A due diligence
9.3/10
pricing custom
Read review
3
Datasite 4.6/5 · editorial score

Investment-banking-grade platform built for large, complex M&A.

SOC 2 / ISO 27001 M&A investment banking
9.1/10
pricing custom
Read review

HighQ FAQ

Is HighQ secure?

HighQ is independently certified to SOC 2 and ISO 27001, runs on a cloud deployment, and covers the core data room controls: encryption in transit and at rest, granular permissions and an audit trail.

How much does HighQ cost?

HighQ uses custom, quote-based pricing rather than a published rate. Expect a proposal scoped to your number of users, storage and deal timeline; treat any headline figure as indicative until confirmed with the provider.

Does HighQ offer a free trial?

HighQ does not advertise a self-serve free trial. You can usually request a guided demo or a scoped pilot from their team instead.

What is HighQ best for?

HighQ is best suited to law firms and legal teams that want collaboration and secure sharing in one platform.

What are the best HighQ alternatives?

Strong alternatives to HighQ include Ellty, iDeals, Datasite. The right pick depends on deal size, security requirements and budget.