Lawgeex - GenAI Contract Review Platform

Lawgeex offers an industry-first contract review automation platform, employing patented AI technology to review and redline legal documents based on predefined policies. Unlike other solutions, Lawgeex not only flags unacceptable or missing clauses but also understands the contractual context and your position. It can negotiate and make redlines with the counterparty just like an experienced attorney, but with enhanced speed and precision, acting as an extension of your legal team. With Lawgeex, companies can achieve faster deal-closing times, reduce turnaround times by up to 85%, and obtain a 209% ROI, as demonstrated by Forrester’s Total Economic Impact™ Report.

Key Features

Contract Review
AI Technology
Legal Automation
Redlining
Negotiation Tool

Pros

  • Significant time-saving in contract review and approval.
  • Enhanced speed and accuracy in contract redlining.
  • Reduces cost compared to manual approaches.
  • No change management required.
  • Acts as a digital extension of the legal team.

Cons

  • May require integration with existing systems.
  • Initial learning curve for setup.
  • Dependence on accurate policy definitions.
  • Relies on AI's interpretation accuracy.
  • Limited to predefined policy scopes.

Frequently Asked Questions

What is Lawgeex?

Lawgeex is a GenAI contract review automation platform that uses AI technology to review and redline legal documents.

How does Lawgeex benefit companies in terms of ROI?

Forrester’s Total Economic Impact™ Report reveals a 209% ROI and saves over 6500+ hours in contract review and negotiation.

Can Lawgeex negotiate contracts?

Yes, Lawgeex can negotiate and make redlines with the counterparty just like an experienced attorney.

What kind of AI does Lawgeex use in its platform?

Lawgeex uses patented AI technology to review and redline legal documents according to predefined company policies.

What is the impact of Lawgeex on contract turnaround time?

Lawgeex has been shown to reduce contract turnaround time by up to 85% for companies.

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