Welcome to the latest LegalTech Tapas podcast on Artificial Lawyer with Andrew Jardine. Today we speak to Noory Bechor, co-founder and CEO of legal AI company LawGeex.
In this podcast Andrew explores with Noory what LawGeex does, who it is made for, and how the company has evolved.
If you can’t listen just now, check out a partial transcript below. To play the podcast, click on the player. (Time: approx 16 mins.)
Episode transcript (What does LawGeex do?) This week I’m genuinely excited to be learning about LawGeex, an AI tool in the contract negotiation arena, and yes we have already covered Scissero and Legalsifter in this space, but hopefully this episode will make it easier for you to put some distance between all of them. In particular I’m interested in LawGeex because they have been going through a lot of change since they took a $12m investment round last year, and we are fortunate enough to be talking about some of those changes with LawGeex CEO, Noory Bechor.
Just to do a quick refresh for everyone, tools in the AI Contract Negotiation category are tools intended to help with the back and forth negotiation and redlining of day to day contracts, with the aim of helping you do that more quickly, more consistently and with fewer errors.
For those already familiar with LawGeex, you’ll know that like other AI tools on the market it automatically locates clauses in contracts to speed up review time and also lets you configure some logic based on your standards. For example you can tell the tool to only accept governing law in a contract if it is New York. Typically LawGeex focuses this functionality on the simpler high frequency contracts, NDAs and the like.
Something however that separates LawGeex from most tools on the market is that they have technology plus service offering, not just technology. Back at LawGeex HQ there is a permanent team of human lawyers double checking uploaded contracts in situations where the AI raises its hand and says “I struggled a bit on this one can you help me out”.
If you’ve used LawGeex before you’ll know that in previous versions there was a user interface that let you review changes and make edits, but in what is a pretty dramatic departure from that, LawGeex has now done away almost entirely with its user interface, opting instead to have you simply submit and receive contracts via email, a format most lawyers are probably more comfortable with. Really the only interface that’s still there is one that allows your to do the setup and configuration of what your contract policies are.
As if that wasn’t a dramatic enough, LawGeex has one more trick up its sleeve. They now also claim to be using AI to automatically edit contract language in line with your particular policies, not simply locating language and flagging issues as we’ve seen before. This would make it a direct challenger to Scissero which claims to have pioneered this technology in the market. However, now that LawGeex doesn’t have much of a user interface it is quite hard to actually see the technology in action, as you just receive back the redlined contracts, which may also have been reviewed by their in-house lawyers.
Episode transcript (Who should use LawGeex?)
So who wants to use LawGeex? Given this is the third tool in this category we’ve covered, I think we can safely assume that the AI assistance is going to speed up and improve contract review, with efficiency and quality benefits being greatest for large organisations.
For LawGeex now that they have pared down their user interface I can see them in particular appealing to larger change resistant organisations, lawyers will be able to maintain their existing email workflow and shouldn’t have to adapt or learn much. The caveat to this being that upfront configuration of policies will still be needed during implementation, it is hard to know exactly how much effort this will require as it will vary based on organisation requirements.
The additional option of human reviewers that LawGeex offers in-house might also appeal to first time adopters of AI that are looking for some extra quality guarantees, even the best AI can’t be 100% right all the time. Speaking from experience though, this may present an additional security hurdle for some businesses to overcome, so perhaps isn’t for everyone.
LawGeex automates the review of everyday contracts through its AI Contract Review Automation (CRA) platform, ensuring contracts are compliant with company policies. LawGeex saves up to 90% of contract review time and cost, allowing lawyers to focus on impactful work. It enables legal teams to reduce risk while supporting business growth, and helps ensure that review guidelines are up-to-date and applied consistently. LawGeex is recognized by Gartner, Red Herring, Wired magazine, and CB Insights as a leading force in bringing innovation and technology to the legal world – and is trusted by global firms such as eBay and White & Case.
About Legaltech Tapas:
Legaltech Tapas is a regular podcast that serves up bite sized summaries of the latest legal tools, what they do, and why you might use them. Each episode discusses a different legal tool, and includes an interview with a guest from that company so you can hear directly from the horses mouth why you should be using their product. To get the next episode direct to your inbox, sign up: https://legaltechtapas.substack.com/
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