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Genie Releases Free Legal Document Generator Covering 1000+ Contract Types

London based AI legal tech company, Genie AI, has added the ability to create any legal contract, in any jurisdiction, from scratch, to its AI legal assistant.

London, England, United Kingdom – November 21, 2023

The Genie AI legal assistant can generate an entirely bespoke legal agreement document from over 30 jurisdictions by answering three simple questions.

For hundreds of years, businesses have relied on law firms to draft complex agreements customised to their needs, especially when they don’t have an existing template to hand. With Genie AI’s new “Create” feature, legal professionals and businesses can generate legal documents in a fraction of the time, compared with hiring external counsel.

The ability to create any legal document from scratch mimics the back-and-forth interaction a client would have with their law firm or lawyer:

  1. Select the contract type you’d like to draft
  2. Choose the relevant governing law
  3. Explain what the contract needs to cover in as much detail as you can

Since it’s beta release just three days ago, users have already generated tailored Software Licence Agreements, Employment Agreements, Loan Agreements, Service Agreements, Tenancy Agreements, Court Documents and hundreds of other documents.

During a demo of this feature to a room full of Legal Professionals at LawtechUK’s recent Generative AI event at Clifford Chance, Rafie Faruq, Genie AI CEO, said: “Foundation models like OpenAI don’t generate long form agreements, are often inconsistent throughout the document and references to law may not be relevant to your jurisdiction. We’ve innovated across all of these areas with our AI create algorithm, plus you can use our AI review skill afterwards to check the quality of the document – saving you hours if not weeks of time!”

In other words, Genie’s advanced “Create” and “Review” skills combine to help organisations create high-quality legal agreements in five minutes, not five days, without external counsel. That’s 100x faster and it’s still free to use!

That’s because, while it’s in beta, Genie AI continues to offer its AI Legal Assistant for free. Sign up on the Genie AI website.

Users should note that the legal quality has so far only been assessed for the UK and US so far.

In the near future, Genie will also release a step-by-step version of “Create” which takes the user through questions for each section of the document, a much needed improvement to the industry standard form “wizard” as you’ll be able to see and tweak your bespoke document in real-time.

About Us: Genie AI is the legal SuperDrafter that gets smarter the more that people use it. Genie enables everyone to draft legal documents like a pro by combining the following three products:
Genie’s SuperDrafter Editor – capable of importing long and complicated Microsoft Word files with precision and structuring them for use by the AI legal Assistant
Genie’s AI Legal Assistant – It drafts, reviews, edits, red-lines, and comments on your documents, just like a lawyer would (except you don’t have to wait, or pay it)
Genie’s Legal Library – A public database of 50,000 toolkits, templates, clauses and guidance notes, fully compatible with Genie’s SuperDrafter Editor and AI Legal Assistant
Usage of Genie’s AI legal platform has grown 100-fold over the past 18 months, resulting in 3.5 million clause edits by more than 3,000 lawyers and 30,000 businesses.

Anonymised legal document data is encrypted and used to build an ever-improving picture of legal and commercial market-standards.

Genie has brought efficient and transparent legal services to an expensive and opaque industry, and is backed by Lord Neuberger, £1m in UK Government Grants and £2m+ in Seed funding (inc. Connect Ventures) to achieve this vision.

Every feature on Genie AI is completely free to use, just visit genieai.co to sign up for a free account today.

Contact Info:
Name: Alex Denne
Email: Send Email
Organization: Genie AI
Website: https://www.genieai.co/

Social Media:
Twitter: @GenieAI
Youtube: @genieai
LinkedIn: company/genie-ai

Release ID: 89113868

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