LawGeex is a contract management software product that automates the review and approval of everyday business agreements. When the app intercepts an incoming contract, it uses a secure algorithm to ensure there's nothing wrong with it. If it doesn't find any problems, then the contract gets approved immediately.
Sophisticated artificial intelligence gives LawGeex the power to make complicated legal decisions. The app automatically checks each agreement against your company's policies to ensure it adheres to them. It can then flag any non-compliant or missing clauses and offer preapproved language. Lawyers can apply corrections in just a single click.
Revised contracts can be exported as Microsoft Word documents as soon as you're happy with the changes. You'll be able to track the changes and share the revised version with your counterparty. Once both sides approve a contract, it's every bit as legally binding as a paper version. Since LawGeex automates most of this process, your legal team will be free to work on more important tasks.
Integrating LawGeex into your existing workflow is easy. Since the app combines AI with human expertise, it automatically detects risks your legal team might have overlooked. This eliminates the danger of entering into a bad agreement as a result of human error.
Most contracts take less than an hour to review with LawGeex. Those that are too complex for the AI to handle get tackled by the developer's in-house legal teams. They're able to manage large volumes of incoming low-value business agreements. These include NDA sheets, terms of service contracts, and any other simple legal paperwork that would otherwise slow your company down.
An alert gets posted in the LawGeex Action Center whenever the legal team or the AI flag a contract as problematic. This serves as a dashboard to manage all contracts under review as well as update your firm's defaults. Whenever a document includes a questionable clause, the Action Center will offer you a choice of replacements. This gives you the freedom to red-line documents with just a few clicks. Users can even save standard legal clauses in the Action Center and drag them into any document. This can reduce the time spent reviewing and approving agreements by up to 80 percent.
The software is scalable enough to fit into any business. Contract lifecycle management features can help larger enterprise-level legal teams. SMBs can take advantage of LawGeex's contract automation technology to reduce pressure on the smaller teams they might employ. Integrations are offered for popular tools like Salesforce and SAP Ariba, so sales teams can use the app to avoid getting held up with red tape.
Since the LawGeex service has to be tailored to each individual use case, interested parties will have to contact the developer. You'll get a chance to try every CLM tool the app offers before you subscribe. LawGeex is built on modern browser-based cloud technology, so you'll be able to deploy it in almost any office.
No matter what size legal team your company has, LawGeex will leverage AI and human expertise to make it more efficient than ever.