Lawgeex

Lawgeex is an AI-driven contract review automation platform that streamlines the process of reviewing and approving legal documents. The software uses artificial intelligence to analyze contracts, make redlines, and negotiate terms based on predefined company policies, acting as an extension of a legal team.

Key features:
- Automated Contract Review: Uses AI to review and redline contracts according to company-specific policies, ensuring consistency and precision.
- Contextual Understanding: Comprehends the contract's context and the company's position, enabling negotiation with counterparties.
- Digital Playbooks: Converts company policies, risks, and guidelines into digital legal playbooks, standardizing contract review and negotiation processes.
- Metrics and Insights: Provides detailed analytics to quantify return on investment and legal team efficiency, aiding in decision-making.
- Enhanced Speed and Accuracy: Ensures faster deal closing times and error-free reviews, comparable to an experienced attorney's work but with greater efficiency.

How it works:
1. Users upload legal documents to the web-based platform.
2. The AI reviews contracts, making redlines and suggestions based on predefined policies.
3. The platform negotiates terms with the counterparty to protect company interests.
4. Users receive detailed reports and insights on the contract review process, including time saved and ROI.

Integrations:
Lawgeex supports integrations with various enterprise software solutions, though specific names are not provided.

Use of AI:
Lawgeex employs generative AI to automate the contract review process. The AI is capable of understanding contractual context and making precise redlines, similar to an experienced attorney.

AI foundation model:
The specific AI foundation model or large language model used by Lawgeex is not mentioned in the provided information.

Target users:
- Legal teams within enterprises handling high volumes of contracts
- Industries such as pharmaceuticals where contract turnaround time is critical

How to access:
Lawgeex is available as a web application, accessible through any internet-enabled device.

Additional information:
Lawgeex is a proprietary platform, not open source, designed to offer a competitive edge through its patented AI technology. A case study demonstrated an 85% reduction in contract turnaround time for a leading pharmaceutical supplier using the platform.