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Description
Our innovative contract review automation solution stands out in the industry as it employs patented AI technology to analyze and redline legal documents in accordance with your established policies. In contrast to other offerings that merely highlight problematic or absent clauses, Lawgeex comprehensively grasps the context of contracts along with your strategic stance. The technology not only makes precise redlines to the documents but also engages in negotiations with the other party, mimicking the capabilities of a seasoned attorney while providing enhanced speed and accuracy. Acting as an extension of your legal team, we ensure a more uniform contract review process that significantly reduces the time needed for completion. This revolutionary solution automatically examines and meticulously redlines contracts based on your organization’s policies, resembling the work of a legal expert, but with superior efficiency and exactitude. By transforming your positions, risks, and guidelines into digital legal playbooks, we standardize the contract review and negotiation process across your organization, allowing you to achieve consistency and reliability in all contractual dealings. This not only streamlines operations but also enhances overall compliance with legal standards.
Description
VerifAI is an AI add-in for MS-Word. It saves 15 hours/week for lawyers when reviewing contracts.
HIGHLIGHTS
• Review a contract in 3 minutes instead of 3 hours with the latest AI technology for legal
• Save up to $4,088 per month with contract reviews
• Increase your revenue per employee by 5x in the legal department
Choose from our extensive collection of contract playbooks, guidelines and other documents.
CAPABILITIES
• Mark contract risks against the personalized guidelines you set
Choose from a selection of contract guidelines that are tailored to your industry or contract.
Please suggest redlines that are tailored to your guidelines
• Ask open-ended legal questions to a trained AI ChatGPT.
How it works
1. Install VerifAI for free as a Microsoft Add-In
2. Open the contract you wish to review
3. Choose from our templates or your own contract playbook.
4. Instantly compare the contract with your playbook guidelines
API Access
Has API
No
API Access
Has API
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
$60/month/user
Free Trial
Yes
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
Yes
Mac
Yes
Linux
No
Chromebook
No
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
Yes
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
Yes
Vendor Details
Company Name
Lawgeex
Founded
2014
Country
Israel
Website
www.lawgeex.com
Vendor Details
Company Name
SpotDraft
Founded
2017
Country
United States
Website
spotdraft.com/verifai
Product Features
Contract Management
Buy Side (Suppliers)
Yes
Completion Tracking
No
Compliance Tracking
No
Contract Lifecycle Management
No
Electronic Signature
No
Full Text Search
No
Government Contracts
No
Pre-built Templates
No
Sell Side (Customers)
No
Specialty Contracts
No
Version Control
No
Workflow Management
No
Legal Document Management
Access Controls
No
Archiving & Retention
No
Collaboration
No
Contract Management
No
Document Assembly
No
Document Indexing
No
Document Tagging
Yes
Full Text Search
No
Version Control
No