Lawgeex

Key Features:

• Automated Contract Review: This feature employs artificial intelligence to automate the process of reviewing contracts during the pre-signature phase. It's designed to identify, redline, and fix contractual issues swiftly, making the review process more efficient and less tedious for legal teams.
• Suggested Changes: This aspect of the tool provides recommendations on alternative language or phrasing in the contract and highlights sections that should be deleted. It assists in ensuring the clarity and accuracy of contract language, aiding legal teams in quickly spotting and correcting potential issues.
• Surgical Redlining: This feature performs an in-depth review and redlining of contracts, including handling first and third-party paper, and subsequent iterations required to refine the contract to a point where it's ready for signature. It's aimed at ensuring the contract meets the required standards before moving forward to the signing stage.

Main Use Cases:

• High-Volume Contract Management: For organizations dealing with a high volume of routine contracts, utilizing the automated review to efficiently manage and process these documents, saving time and resources.
• Live Negotiations: During negotiations, quickly identifying and addressing contractual issues in real-time, enhancing collaboration and speeding up the deal-making process.
• Contract Standardization: Establishing digital playbooks using existing contracts or guidelines to standardize the review process, ensuring consistency and compliance in new contracts across the organization.