Genie AI vs TermScout

✅ AI-superpowered contract drafting, collaboration & review

✅ AI-powered contract scoring, risk assessment, and benchmark analysis against industry standards; visual contract summary dashboards; "TrueSpeed" one-hour contract review service

✅ Lawyer-supported AI and ML at the core of the platform

✅ Purpose-built AI models focused specifically on contract analysis, risk detection, and benchmark comparison

✅ Enterprise-grade security measures in place

✅ Enterprise-grade security with encryption

✅ Compliant with major security standards, ISO27001 and SOC2

✅ SOC 2 Type II certified

✅ You own the IP of your data. We don't train our models on your data. None of our partners train their models on your data.

✅ Clear data privacy policies with customer data protection guarantees

❓ Multiple authentication options (coming soon) (request this feature)

‍

✅ SSO and multi-factor authentication options

✅ Granular user permissions and access control features (document level, project level, organization level, party level)

✅ Role-based access controls

✅ Compliant with GDPR and other privacy regulations

‍

✅ GDPR compliant

✅ Industry-leading AI-assisted contract drafting capabilities (all expected provisions and sections over 20 pages)

❌ Not primarily designed for contract creation or drafting

✅ Built-in real-time collaboration features just like Office365 or Google Docs (No need to download your red-lined version, and make it editable, then send it on - it's all doable within Genie)

❓ Basic collaboration features allowing shared access to contract analysis

✅ Powerful AI-driven contract analysis, red/amber/green flag reviews every clause (industry-leading improvements coming in 2025)

✅ Strong AI-powered contract review with risk scoring, visualization, and benchmark comparison against industry standards

✅ Manage your projects and organise your own template and clause library

✅ AI-powered contract scoring, risk assessment, and benchmark analysis against industry standards; visual contract summary dashboards; "TrueSpeed" one-hour contract review service

❓ No 'dumb' automated workflows. Agentic workflows coming in 2025

❓ Basic workflow tools focused on contract review process

✅ Full numbering support + AI auto-styling and formatting (coming soon)

❌ Not designed for document styling or formatting

❓ Not integrated with legal and business tools beyond full .docx compatibility. If you can use a word doc with it, you can use Genie with it.

✅ Integrations with CRM platforms (Salesforce), CLM systems, and procurement tools

❓ Just export to .docx and use your existing provider (request this feature)

❓ Limited native capabilities but offers integration options

✅ Company and user level reporting and analytics (on request)

✅ Strong analytics capabilities with visual dashboards showing contract risk, terms comparison, and benchmark analysis

✅ AI-powered document assembly

❌ No document assembly capabilities

✅ Market-leading AI-powered document editing: Ask Genie to edit your styling, reformat a table, or suggestion new clause text. As tracked changes, and private per party. Genie assists with and automates entire workflows, it doesn't just produce text responses.

❌ Not designed for document editing

❓ Top-level AI Legal Research available as AI chat within the legal document, some prompting required (request this feature)

❓ Limited legal research capabilities, focused on contract benchmarking rather than case law

✅ Negotiation tools for multi-party clause-by-clause agreements

✅ Provides negotiation insights based on industry benchmarks and risk assessment

❓ No advanced data extraction or OCR capabilities (request this feature)

✅ Advanced data extraction with visualization of key terms and conditions

✅ Mobile-optimised Web App

❓ Web-accessible but optimized for desktop use

❓ Coming soon (request this feature)

✅ Integrations with major cloud storage providers

✅ Community clause library available for creating modular contracts

❌ No community clause library

Coming soon - ✅ A library of your private clauses usable only by your legal team

❓ Limited clause library focused on risk assessment rather than drafting

✅ Community template library available to create modular contracts

❌ No community template library

✅ Bring your own library of private templates usable only by your legal team, within Genie

❓ Limited template capabilities focused on analysis rather than creation

✅ Seamless integration with Microsoft Word, full styling, tables, formatting compatibility

❓ Can analyze Word documents but not integrated as a Word add-in

✅ No known issues (Pre-formatted templates, consistent formatting, tables, cross-version compatibility)

❓ Not applicable as platform focuses on analysis rather than document creation

✅ Generally positive reviews

❓ Some users mention limited customization options and occasional misidentification of contract terms

✅ Multiple support channels available including phone, whatsapp, email and live chat

✅ Email, chat, and phone support

✅ Available with our custom plans

✅ Available for enterprise customers

✅ For our custom plans, get setup within 3 days with a guided onboarding plan

❓ Structured onboarding with implementation support for enterprise clients

✅ Established AI-focused legal tech company

✅ 2018 - Early mover in contract analysis and benchmarking

✅ Founded in 2017, deep AI integration from inception. A thick layer built with AI specialists and senior lawyers to ensure the models produce high quality legally customised outputs

✅ Native web platform with some API capabilities

✅ Our AI models are built using proprietary intelligence and research supported by UCL, Imperial College London and Oxford University. Rigorous testing process to ensure the outputs are accurate

✅ Over 110,000 companies have registered to use the Genie platform in total, including 11 FTSE100 firms, 20 Global200 firms, a number of top US banks, and two of the ‘big four’ UK supermarket chains.

❓ Growing customer base including notable enterprise clients like Slack, Intercom, and Workday

✅ 3rd party and proprietary AI models

‍

✅ Cloud-based (SaaS)

✅ Suitable for in-house legal, law firms, and SMEs

✅ Primarily procurement and sales teams, with growing adoption among legal departments

✅ Built as a platform which is versatile across various industries. Focus areas are construction, manufacturing, consultancy and legal services.

‍

✅ Strong focus on software, technology, and SaaS contracts, with expanding coverage across industries

✅ 120+ jurisdictions including the UK, California, Texas, India, Australia, South Africa, Singapore, France, and Germany.

‍

❓ Primarily US-focused but with growing international capabilities

✅ Generous free plan. Transparent subscription plans to suit different needs. Custom plans for orgs handling more than 10 documents per month.

❓ Subscription-based pricing with tiers based on volume of contracts analyzed; enterprise pricing starts around $20,000 annually

✅ Offers SLAs for custom plans, specifics not public

‍

✅ 99.9% uptime guarantee

✅ Fortnightly legal prompt training sessions from ex-Clifford Chance Legal Engineers;

‍

There's also an active Slack community (join now)

Community & events: ❓ Regular webinars and educational content on contract risk and negotiation best practices; annual user conferenceTraining: ✅ Comprehensive documentation, webinars, and training materialsPrompt Training: ❌ No specialized prompt engineering training

Self-Serve: ✅ 1-click, no email address required, no card required
‍

Sales: ✅ 2-3 weeks from pilot to full team adoption

Self-serve: ❓ Free trial available but full implementation typically requires setupSales: ❓ 2-4 weeks typical implementation timeline

✅ Simple 3-step process: try with your document, explore your scenarios, receive 360° assessment

✅ 1-2 weeks from agreement to full implementation

Pilot: ❓ Structured pilot program with sample contract analysisImplementation Timeline: ❓ 2-4 weeks typical implementation time

✅ Consultative, transparent pricing, no hard selling

❓ Consultative sales process with demonstrations and ROI analysis

✅ Firefish reduced contract review time by 50%, from 2.5 hrs to 1.25 hrs per document, saving 15+ hrs weekly per person

✅ Slack reduced contract review time by 75% while increasing accuracy of risk assessment

✅ Average 60% time savings on contract drafting; 50% reduction in review cycles; ROI typically 3x cost

✅ Average 70% reduction in contract review time; notable risk mitigation metrics; ROI typically measured in procurement savings