Made By
LawgeexReleased On
2014-08-27
Lawgeex is an AI-powered contract review automation platform that streamlines the process of reviewing and approving legal documents, saving time, reducing costs, and enhancing accuracy for businesses.
Key features:
- Automated contract review and redlining according to company-specific policies
- Understands contractual context to make precise redlines and negotiate with counterparties
- Turns company policies, risks, and guidelines into standardized digital legal playbooks
- Provides detailed metrics and insights on the contract review process and legal team efficiency
- Ensures faster deal closing times and error-free reviews
How it works:
1. Users upload legal documents to the web-based platform
2. The AI reviews contracts and makes redlines and suggestions based on predefined policies
3. The platform can negotiate terms with the counterparty to protect the company's interests
4. Users receive detailed reports and insights on the process, including time saved and ROI
Integrations:
Lawgeex supports integrations with various enterprise software solutions to enhance functionality and ease of use.
Use of AI:
Lawgeex leverages generative AI to automate contract review. The AI can understand contractual context and make precise redlines similar to an experienced attorney.
AI foundation model:
The specific AI foundation model or large language model (LLM) that Lawgeex is built on is not provided.
How to access:
Lawgeex is available as a web application, accessible through any internet-enabled device.
Lawgeex is ideal for legal teams within enterprises handling a high volume of contracts, particularly in industries like pharmaceuticals where fast contract turnaround is critical. For example, a leading pharmaceutical supplier reduced contract turnaround time by 85% using Lawgeex. The company was founded on June 4, 2024. Lawgeex is a proprietary platform and is not open source.
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