LexCheck

LexCheck

5.0 out of 5 stars
Lawgeex LexCheck

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Lawgeex:

About

Our contract review automation solution is an industry-first, using patented AI technology to review and redline legal documents based on your predefined policies. Unlike other solutions that only flag unacceptable or missing clauses, Lawgeex understands the contractual context as well as your position. Our technology makes redlines to the contract and negotiates with the counterparty – just like an experienced attorney, but with enhanced speed and accuracy. We act as an extension of your legal team, giving you more consistent contract review in a fraction of the time. Our game-changing solution automatically reviews and surgically redlines contracts according to your company’s policies – like an attorney, with increased speed and precision. We turn your positions, risks and guidelines into digital legal playbooks to standardize how contracts are reviewed and negotiated across your organization, so you can experience consistency across the board.
LexCheck:

About

True AI delivered attorney-quality negotiation with multi-round review, automated redlining, playbook fallbacks, approvals, instructive guidance, and more. Shorten the time it takes to get from contract creation to signature, with negotiation review and markup cycles completed in near real-time. Accelerate negotiation and deal cycles, driving bottom-line savings and procurement processes. Leverage data insights to optimize your review processes and better address edge cases and accommodate feedback. Mitigate risk by ensuring compliance through AI-powered adherence to organizational and industry standards and playbook guidelines. The LexCheck AI is already equipped with best practice negotiating knowledge for most common contract types. Our team can help you tune it to your specific playbook guidance with less than 24 training samples.
Lawgeex:

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported
LexCheck:

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported
Lawgeex:

Audience

Contract Management solution for companies
LexCheck:

Audience

Businesses searching for an AI contract management and negotiation software
Lawgeex:

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported
LexCheck:

Support

Phone Support Not Supported
24/7 Live Support Supported
Online Supported
Lawgeex:

API

Offers API Not Supported
LexCheck:

API

Offers API Not Supported
Lawgeex:

Screenshots and Videos

LexCheck:

Screenshots and Videos

Lawgeex:

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported
LexCheck:

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported
Lawgeex:

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

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LexCheck:

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 5.0 / 5
LexCheck:

Pros & Cons from Real Users

Pros

  • Lexcheck's AI system is best in the industry, using real AI technology (developed by a team of lawyers and linguists) to review and mark-up contracts according to your organisation's unique playbook within minutes. What we especially like about LexCheck is its ability to surgically amend clauses within contracts (as opposed to replacing existing wording with your organisation's preferred wording) all within minutes. LexCheck has since cut down the time our organisation's legal team reviewing and editing NDAs by 77% with the average turnaround time from beginning of review to sending Legal's comments back being less than 7 minutes. What we also find impressive and the killer feature of LexCheck is LexCheck *does not* rely on *hundreds* of samples of *one* document type in order to develop their AI system *unlike* every other AI contract review competitor in the market. Instead, they needed only *20 to 25 samples* of a contract type and only *5 samples* of each specific playbook rule to build out our AI system, regardless of the nichness or complexity of the document type or playbook rule. This made LexCheck's AI system vastly superior to other competitors our organisation has explored who either rely either on human attorneys to actually do the review/editing (which, anecotally speaking, may result in up to a week's turnaround time and fundamentally does not differ from a third party legal service provider solution) or machine learning (which require hundreds of samples of one type of document and playbook rule in order to develop their "AI" system). As our organisation's contracts are highly specialised and unique to its industry, the fact that LexCheck only requires 25 document samples and 5 samples for each playbook rule was vastly more preferable for our AI contract review solution. This is especially more so when we update our playbooks to comply with new regulation/industry standards whereby LexCheck only requires 5 samples (not hundreds) of how the new playbook rule should operate to update the AI system. Lastly, the team at LexCheck is fantastic and a dream to work with. They're professional, understanding, capable and efficient and have delivered and are delivering upon the expectations we required of them for our AI contract review solution. They've developed and implemented numerous improvements to the AI system since we've started development, and they keep us up to date on what's on the roadmap for improvements and fixes regularly. They have also provided our organisation end-to-end support with the roll-out of the AI system to the legal team with a planned rollout to the rest of the Business for self-service.

Cons

  • The LexCheck team has mostly addressed developing points with our AI system since we've started development and roll-out. Minor points are limited to the occasional formatting errors which are on their roadmap to be resolved.
Lawgeex:

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Not Supported
LexCheck:

Training

Documentation Supported
Webinars Not Supported
Live Online Supported
In Person Not Supported
Lawgeex:

Company Information

Lawgeex
Founded: 2014
Israel
www.lawgeex.com
LexCheck:

Company Information

LexCheck
Founded: 2015
United States
www.lexcheck.com
Lawgeex:

Alternatives

LexCheck:

Alternatives

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LexCheck:
Lawgeex:

Categories

LexCheck:

Categories

AI Contract Review Supported
AI Legal Supported
Contract Analysis Supported
Lawgeex:

Contract Management Features

Buy Side (Suppliers) Supported
Completion Tracking Not Supported
Compliance Tracking Not Supported
Contract Lifecycle Management Not Supported
Electronic Signature Not Supported
Full Text Search Not Supported
Government Contracts Not Supported
Pre-built Templates Not Supported
Sell Side (Customers) Not Supported
Specialty Contracts Not Supported
Version Control Not Supported
Workflow Management Not Supported

Legal Document Management Features

Access Controls Not Supported
Archiving & Retention Not Supported
Collaboration Not Supported
Contract Management Not Supported
Document Assembly Not Supported
Document Indexing Not Supported
Document Tagging Supported
Full Text Search Not Supported
Version Control Not Supported
Lawgeex:

Integrations

Salesforce Supported
Slack Supported
LexCheck:

Integrations

Salesforce Not Supported
Slack Not Supported
Lawgeex:
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LexCheck:
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