LawGeex AI Contract Review Platform

Context:
- Website: https://www.lawgeex.com/
- It can (typically) Analyze Contracts based on predefined client policies and positions.
- It can support 3 levels of functionality: risk assessment, suggested changes, full redlining.
- It can propose Redlines to Contracts like an experienced lawyer.
- It can provide Contract Analytics to inform negotiation strategies.
- It can handle routine, high-volume, low-complexity agreements.
- It can reduce Contract Review Time and Contract Review Costs.
- It can integrate with CLM Systems, CRM Systems, eSignature systems.
- It can use patented AI technology to review and redline contracts.
- ...
Example(s):
- ...
Counter-Example(s):
- Evisort Contract Management System, which goes beyond contract review to lifecycle management.
- Kira Systems, a competing AI contract review tool.
- Casetext CoCounsel,
- Ironclad CAI,
- DoNotPay (Virtual Legal Assistant),
- Cognitiv+.
See: AI for Legal, Contract Review System, Contract AI System, Legal AI Chatbot, Contract Analysis, Contract Management System.

References

(ChatGPT, 2023) ⇒ "What is a LawGeex AI Contract Review Platform? Summarize in 2-3 paragraphs (context: Contract-Focused Chatbot)" prompt. ChatGPT, August 3 Version, OpenAI, 24 Sept. 2023. https://chat.openai.com.
- ANSWER:(...) A LawGeex AI Contract Review Platform is designed to assist legal professionals and businesses in reviewing and analyzing contracts more efficiently. It uses natural language processing and machine learning algorithms to parse and understand the contents of contracts. This technology enables the platform to identify key terms, clauses, and potential issues within contracts, such as non-standard clauses, obligations, deadlines, and risks.
  Additionally, a chatbot interface can enhance user interaction with the platform. Users can ask questions, seek clarifications, or receive insights related to specific contracts or legal terms. The chatbot can provide real-time feedback, suggest revisions, and help users make more informed decisions when reviewing and negotiating contracts. Overall, such a platform aims to save time, reduce errors, and improve the overall quality of contract management and review processes, making it a valuable tool for legal professionals and businesses dealing with a high volume of contracts. Please note that the capabilities and features of LawGeex or similar platforms may have evolved since my last knowledge update, so it's advisable to check for the latest information.

(LinkedIn, 2023) ⇒ https://linkedin.com/company/lawgeex/
- QUOTE: The Lawgeex AI-powered platform automates and accelerates contracting, enabling legal teams to offload routine work and refocus on more strategic issues.
  Lawgeex provides rapid time-to-value and offers modules for contract-lifecycle automation, including drafting, negotiation, extraction, and storage.
  Lawgeex has been recognized by Gartner and HBO’s VICE as a leading force in bringing powerful innovation and technology to the legal world. Dozens of Fortune 500 and Global 2000 companies trust Lawgeex to help them maximize the value of their human resources while reducing risk and cost.
- Specialties: Legal Technology, Contract Review, Contract Analysis, Big Data, Start Up, Machine Learning, NDA, Leases, Term Sheets, Contract Feedback, SaaS, and Artificial Intelligence