-- Genie AI, the London-based AI legal assistant today announces a new way to draft, review, negotiate and agree complex legal documents with the release of its upgraded advanced legal editor.
- Capabilities include seamless .docx formatting, real-time collaboration, clause by clause agreement, pen-holding permissions and AI-assistance
- More than 12,000 companies and 750 law firms worldwide already rely on Genie’s AI-Assisted Editor for their drafting needs
The need for an alternative to Microsoft Word has never been more apparent:
- 56% of lawyers spend over three hours a day using the software (Source: Epinion)
- Microsoft Word was released in 1983, so some lawyers have been using it for 40 years.
- The number of lawyers using non-windows has doubled in the past 5 years (Source: ABA)
- Cloud-collaboration tool sharepoint offers real-time internal capabilities, but lawyers complain red-lining is difficult and there’s a lack of clarity of who is ‘holding the pen’
- Lawyers fear a loss of control when sharing Word documents with counterparties as they can ‘sneak in’ hidden changes
- Microsoft Word Extensions enable additional (even AI) capabilities but these plugins often crash the document
Commenting on the history of Microsoft Word, Genie AI Co-founder and CEO, Rafie Faruq commented: “Goodbye Typewriter, hello Genie AI! Microsoft Word was never designed to be a legal editor, and every lawyer has struggled with painful formatting and numbering issues on MS Word. We’ve focused on making editing a seamless, joyful experience with AI-assisted features to solve actual legal problems.”
Unlike many of the alternative document editors available today (such as Google Docs and Notion) Genie’s AI-Assisted Editor perfectly imports MS Word’s advanced formatting while retaining the formatting and styles used in the source document.
In-house Commercial Counsel at Trainline, Andrea Rinaldi commented: “As an in-house commercial counsel working in a fast-paced technology company, advising in the UK and internationally, time and cost are always at the forefront of my considerations. It is painful to see legal professionals still relying on outdated technology for sharing, collaborating on and negotiating legal documents. It is time to upgrade our tools.”
To try out Genie AI's new legal document editor for free and access thousands of open source legal templates, visit https://app.genieai.co/community
Contact Info:
Name: Alex Denne
Email: Send Email
Organization: Genie AI
Website: https://genieai.co
Release ID: 89102315
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