Product information
The product is an AI legal assistant named Genie AI, designed to help users understand, customize, and negotiate any legal document. The AI is based on GPT-4, Claude 2, and Genie's proprietary language models trained on over 100,000 legal documents. The service provides access to over 4700 regularly updated legal templates, which users can customize and review with the help of the AI assistant. The platform also facilitates collaboration with team members and counterparties.
Genie AI offers access to the world's largest open legal library, regularly updated by legal experts. This library covers both UK and USA sectors, ranging from technology to manufacturing. Users can check key terms before entering a contract, get useful tips, and contribute to community comments to improve quality. The AI assistant can also perform tasks such as highlighting risk across a contract, explaining a clause in simple terms, suggesting amendments, and summarizing contractual obligations.
The service also includes features for real-time document collaboration, AI-assisted document customization, project management for complex deals, and granular user and counterparty permissions. It also has a privacy-first design for easy document sharing and hiding. The service is ISO27001 certified, with bank-grade encryption and regular external audits to ensure security. The platform also ensures data privacy with strict access control and data sovereignty.
Genie AI provides various legal templates, including an Advisor Agreement, a Consultancy Agreement, and an Intellectual Property Assignment. These templates are designed to establish clear and legally binding agreements between parties, outlining rights, obligations, and compensation structures. They can be customized to fit the specific needs and requirements of the users.
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Added on Oct 28, 2023, last updated on Nov 8, 2023
