Lawgeex offers artificial intelligence-powered contract review and management to help companies automate legal work. The service combines human expertise with AI technology to provide a more accurate and transparent contract analysis process that also cuts costs and time.
Lawgeex is trained to think like an experienced attorney, with a risk-averse mindset to avoid mistakes. It uses thousands of pre-built legal concepts to understand subtleties of legal language and applies redlines based on your legal policy to correct contract problems.
Some of the key features of Lawgeex include:
Lawgeex's managed AI approach ensures that human legal expertise is combined with AI technology to ensure maximum accuracy and transparency. Lawgeex's AI is trained continuously through real-world learnings, improving performance and expanding the breadth of contract types it can handle.
Lawgeex has shown substantial cost and time savings for its customers. For example, a Forrester report found a 209% ROI and more than 6,500 hours saved on contract review and negotiation. Other benefits include 90% cost savings and 80% time savings compared to manual review, and 94% accuracy compared to 84% from corporate lawyers.
Lawgeex is designed for companies looking to improve their contract management processes. It's useful for a variety of industries, including finance, insurance, technology and healthcare. You can request a demo on the company's website to learn more.
Published on June 14, 2024
Analyzing Lawgeex...