Genie AI
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Genie AI helps users draft, review, and customize legal documents with accuracy similar to a lawyer's.
What is Genie AI?
Genie AI is a highly advanced AI Legal Assistant designed to help users understand, customize, and negotiate legal documents effectively. With over 30,000 users, Genie AI offers AI legal assistance for drafting, reviewing, editing, red-lining, and commenting on various legal documents with the same quality and accuracy as a lawyer or paralegal. Users can create custom templates for a wide range of document types including business and corporate documents, human resources and employment documents, policies, data, and governance documents, legal letters, statements, letters, privileged documents, and more. Genie AI is known for its accuracy, with lawyers rating it highly for its accuracy in contract review. The platform is also ISO27001 and GDPR compliant. Genie AI is not endorsed for creating sensitive documents, but user demand has led to the inclusion of such functionalities.
Who created Genie AI?
Genie AI was created by legal professionals with expertise in the field. The company focuses on empowering lawyers through innovative technology. The technology behind Genie AI originated from generative algorithms research at University College London. It has gained recognition for its intelligent contract editor and smart legal templates, benefiting over 30,000 startups and businesses.
What is Genie AI used for?
- Employment documents (e.g., employment contracts, NDAs, employment offer letters)
- Forms (Conflict of interest, Consent, employee evaluation forms)
- Policies (e.g., privacy policies, employee policies, security policies)
- Corporate governance documents (e.g., shareholder agreements, board resolutions, partnership agreements)
- Legal letters (e.g., demand letters, cease and desist letters, law firm and client correspondence)
- Witness statements and other formal documents (created from uploaded transcripts, affidavits)
- Real estate documents (e.g., deeds, purchase agreements, lease renewals)
- Estate planning documents (e.g., wills, trusts, powers of attorney)
- Healthcare directives (e.g., living wills, advanced medical directives, health proxy forms)
- International legal documents (e.g., cross-border agreements, agreements with an intermediary neutral governing law, international trade agreements)
- Human Resources and Employment
- Policy, Data and Governance
- Statements and Letters
- Privileged or sensitive areas
- Cross-border legal documents
- Business and Corporate Documents
- Financial documents
- Non-legally binding documents
- Real estate documents
- Estate planning documents
- Contracts (e.g., service agreements, lease agreements, technology transfer agreements, franchise agreements, supply contracts, distribution agreements)
- Financial documents (e.g., loan agreements, financial disclosures, investment agreements, audit reports)
- Non-legally binding documents (e.g., Memorandums of Understanding, MOUs, letters of intent)
- Legal letters (e.g., demand letters, cease and desist letters, law firm and client correspondence, legal opinion letters, settlement proposals)
- Privacy policies, employee policies, security policies
- International legal documents (e.g., cross-border agreements, agreements with an intermediary neutral governing law, or that of the major party, international trade agreements)
- Legal briefs and court documents (e.g., pleadings, motions, subpoenas)
- Creating contracts
- Drafting financial documents
- Generating policies
- Crafting legal letters
- Preparing statements and letters
- Creating cross-border legal documents
- Drafting real estate documents
- Developing estate planning documents
- Producing healthcare directives
- Generating international legal documents
Who is Genie AI for?
- Human Resources professionals
- Legal professionals
- Corporate Governance professionals
- Compliance professionals
- Real estate professionals
- Estate Planning professionals
- Healthcare professionals
- International Trade professionals
- Lawyers
- Paralegals
- Corporate professionals
- Human Resources and Employment
- Policy, Data and Governance
- Statements and Letters
- Privileged or sensitive areas
- Cross-border legal documents
How to use Genie AI?
To use Genie AI, follow these steps:
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Template Usage:
- Select "Template library" from the left menu.
- Choose a template and click on “Use Template” to open it in Ask mode.
- Edit or ask questions about the template.
- Export or share the final document when ready.
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Running Out of Usage:
- Click on the ‘upgrade’ button to enable more document usage.
- Contact "[email protected]" for upgrade options if needed.
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Non-AI Documents:
- Unlimited number of non-AI documents allowed in Genie.
-
Cancellation and Refunds:
- Plan can be canceled anytime without automatic renewal.
-
Technical Support:
- Available for paid accounts; contact Alex at [email protected].
-
Access Levels:
- Users invited to your organization have the same set of permissions.
- Users invited through a single document can have Read, Review, or Edit permissions.
These steps provide a comprehensive guide on using Genie AI efficiently and effectively for various document and legal tasks.
Pros
- Create custom templates for almost any type of document
- Genie AI is rated as very accurate by lawyers with high accuracy percentages in contract review
- Genie AI can accurately draft, review, edit, red-line, and comment on legal documents at the same quality and accuracy of a lawyer or paralegal
- Generates custom templates for various document types
- Open-source public template library with law firm and in-house legal team contributors
- Offers real-time collaboration
- Allows for improved document editing experiences
- Supports all languages
- Supports all jurisdictions
- Users can import their own Google Doc or Word templates to Genie AI for customization and data gathering
Cons
- Uncertain about the future of open-source template and clause library due to the introduction of pricing
- The pricing plans for Genie Ai can be relatively high (e.g., Plans will be €300 / €3000 / $10,200 EUR, or $320 / $3400 / $11,000 USD + Rest of World)
- Genie Ai's free plan only includes 1 Premium document and 5 AI uses
- At this time, Genie Ai does not offer refunds for cancellations of plans
- Genie AI's value for money might be a consideration as it transitions from being free to introducing pricing
- Genie AI's roadmap includes plans for improved document editing experiences, real-time collaboration, and more upcoming features
Genie AI Pricing and plans
Paid plans start at $320/month and include:
- Use AI
- Export to .docx
- Copy text
- 1 Premium document
- 5 AI uses
- Access to public template and clause library
Genie AI FAQs
-
What currencies can I pay in?
- You can pay in $, € or £.
-
What happens if I don’t pick a paid plan?
- You’ll automatically be placed on the ‘free’ plan with 1 Premium document, and 5 AI uses.
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I thought you were open-source and free to use, why have you introduced pricing?
- Our public template library and clause library remain open-source, but we have introduced pricing to sustain growth and development.
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What's on the roadmap?
- Genie AI plans to improve document editing experiences hand-in-hand with AI, introduce updated real-time collaboration, and more yet to be revealed.
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What is a Legal AI Assistant?
- A Legal AI Assistant can accurately draft, review, edit, red-line, and comment on legal documents with the same quality and accuracy of a lawyer or paralegal. It can also assist with legal discovery, due diligence, litigation, and compliance.
-
How accurate is Genie AI?
- According to ratings by lawyers, Genie AI is highly accurate. Its AI contract review was rated at 94% accuracy by 44 groups of lawyers.
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Can I create and share my own templates?
- Yes, you can import your own google doc or word templates to Genie AI, edit them, and gather usage data.
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What documents can I create using Genie AI?
- With Genie AI's legal document generator, you can create custom templates for various types of documents including business contracts, financial documents, HR and employment materials, policies, compliance documents, legal letters, and more.
Get started with Genie AI
Genie AI reviews
Lucas Dawson
November 18, 2024
What do you like most about using Genie AI?
I really appreciate the accuracy of the legal documents generated by Genie AI. It provides a solid foundation for various types of contracts and agreements, which is particularly useful for someone like me who is not a legal expert.
What do you dislike most about using Genie AI?
The interface could be more user-friendly. Sometimes it feels a bit cluttered, making it hard to find specific features quickly.
What problems does Genie AI help you solve, and how does this benefit you?
Genie AI helps me draft legal documents efficiently, saving me time and reducing the risk of errors. This benefit is crucial for my small business, as I need to prepare various agreements without hiring a lawyer for every single one.
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