LawGeex raises $12M for its AI-powered contract review technology – TechCrunch

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Can Artificial Intelligence replace lawyers? Perhaps sometime in the distant future, but in the meantime AI is already augmenting the work done by legal professionals as startups race to reach that ultimate goal.

One burgeoning player in the AI-powered legal tech space is Tel Aviv-based LawGeex, which has developed automated contract review technology to help companies sift through…

AI Software Outdo Experienced Lawyers

In a recent international study, an artificial intelligence software created by LawGeex, a Tel Aviv based startup, proved more accurate and quicker at reviewing legal documents than lawyers with vast experience. In fact, the software analyzed nondisclosure agreements with more speed and accuracy than 20 experienced lawyers. For administration and monitoring purposes, the study included…

AI Beats 20 Top US Lawyers, Reviews Contracts In 26 Sec With 94% Accuracy

Law is one of those professions where humans can boast of their knowledge and skill set. You might understand it very well if your friend circle includes a lawyer. But, there are chances that, in future, some artificially intelligent system would make your friend bite the dust–just like it did recently. Legal automation firm LawGeex conducted an experiment […] The post AI Beats 20 Top US Lawyers,…

I want to invest in this start-up!

I’m a skeptical person. Maybe it’s my personality, my professional experience or my risk-aversion, but regardless of the reason – that’s who I am. But yesterday, in the #SalesforceEssentials #TLV event – I was excited! I didn’t expect much from the last session of the day – ISV pitch – you know the drill: two start-ups give you their pitch and try to convince they are the next big thing.…