Practical Law vs LexisNexis

Let's compare these tools on features, pricing, reviews and market focus. Let's test the accuracy, security and compliance of their Legal AI too.

What is Genie AI?

Genie AI is a secure intelligent platform that streamlines contract drafting, reviewing, and editing with cutting-edge, AI-powered tools.

What is

Practical Law

?

Practical Law is Thomson Reuters' legal know-how platform, providing practice notes, standard documents, and checklists to help lawyers streamline their legal work.

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What is

LexisNexis

?

LexisNexis provides legal research software, analytics, and content management solutions for law firms and legal professionals, combining legal databases with AI-powered search and analysis tools.

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CORE CAPABILITIES
Genie AI
Practical Law
LexisNexis
AI and Machine Learning Capabilities

✅ AI-powered tools like Westlaw Edge AI, Fast Draft, and Drafting Assistant

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✅ AI-powered search and analytics, but not AI-assisted drafting like Genie

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Contract Drafting

✅ Automated contract drafting with Fast Draft and Drafting Assistant

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❌ No AI-assisted contract drafting capabilities, unlike Genie

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Contract Review

✅ AI-assisted contract review with Westlaw Edge AI

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❌ No AI-driven contract analysis or clause-level reviews, unlike Genie

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Document Assembly

✅ Document assembly capabilities with Practical Law's resources

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❌ No AI-powered document assembly, unlike Genie

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AI Document Editing

❌ Limited AI-powered document editing features compared to Genie

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❌ No AI-powered document editing capabilities, unlike Genie's market-leading feature

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Legal Research Integration

✅ Seamless integration with Westlaw and other legal research tools

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✅ Comprehensive legal research capabilities, more advanced than Genie's top-level AI legal research

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Negotiation Support

❌ No specific negotiation support tools unlike Genie

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❌ No specific negotiation support tools, unlike Genie

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Data Extraction and OCR

❌ Limited data extraction and OCR capabilities compared to specialized tools

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✅ Advanced data extraction and OCR capabilities for legal documents

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COLLABORATION & WORKFLOW
Genie AI
Practical Law
LexisNexis
Collaboration Tools

❌ Limited real-time collaboration features compared to Genie

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❌ Limited collaboration features compared to Genie's real-time collaboration

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Workflow and Approval Management

❌ Limited workflow automation features compared to specialized tools

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✅ Some workflow automation capabilities for legal research and analytics

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Contract Management

❌ No comprehensive contract management capabilities unlike Genie

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❌ No comprehensive contract management features, unlike Genie

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Reporting and Analytics

✅ Robust reporting and analytics features for legal research

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✅ Extensive reporting and analytics features for legal research

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LIBRARIES & TEMPLATES
Genie AI
Practical Law
LexisNexis
Private Clause Library

✅ Ability to create and manage private clause libraries

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❌ No private clause library feature, unlike Genie's upcoming feature

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Community Template Library

❌ No community-driven template library unlike Genie

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❌ No community template library, unlike Genie

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Private Template Library

✅ Ability to create and manage private template libraries

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❌ No private template library feature, unlike Genie

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TECHNICAL ASPECTS
Genie AI
Practical Law
LexisNexis
Platform Type (Native vs Plugin)

✅ Cloud-based and on-premises deployment options available

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✅ Cloud-based and on-premises deployment options available

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Microsoft Word Compatibility

✅ Seamless integration with Microsoft Word and other Office tools

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✅ Supports Microsoft Word documents for legal research and analytics

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Integration with Storage (Google Drive, Dropbox)

❌ No direct integration with third-party file storage services

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✅ Integrates with various file storage solutions

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Integration with Other Tools

✅ Integrates with various Thomson Reuters tools and platforms

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✅ Integrates with various legal and business tools

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Complex Legal Styling and Formatting

✅ Supports complex legal styling and formatting in documents

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❌ Limited support for complex legal styling and formatting, unlike Genie

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Security & compliance
Genie AI
Practical Law
LexisNexis
End-to-end Encryption

✅ Robust data encryption measures, unlike Genie

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✅ Enterprise-grade security measures in place, similar to Genie

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Security Certifications

✅ Compliant with ISO27001, SOC2, and other industry standards

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✅ Compliant with major security standards, including ISO27001, like Genie

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Data Sovereignty & Privacy

✅ Strict data privacy and sovereignty policies in place

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✅ Operates in compliance with data sovereignty regulations

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Authentication Methods

✅ Supports various authentication methods, including SSO

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✅ Supports various authentication methods, including SSO

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Permissions & Access Control

✅ Granular user permissions and access control features

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✅ Granular access control features available

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Compliance Standards

✅ Compliant with GDPR and other data privacy regulations

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✅ Compliant with GDPR and other data privacy standards, like Genie

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Customer Support Options

✅ Multiple support channels, including phone, email, and online resources

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

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Onboarding Process

✅ Comprehensive onboarding and training resources available

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✅ Guided onboarding and training available, but may take longer than Genie's 3-day setup for custom plans

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PRICING & ROI
Genie AI
Practical Law
LexisNexis
Pricing Model

✅ Subscription-based pricing, with annual licenses starting at $6,000 per user

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❌ Pricing not publicly available, estimated at $10,000+ per annual company license, following a multi-week discussion with their sales team, unlike Genie's transparent pricing tiers

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SALES PROCESS
Genie AI
Practical Law
LexisNexis
Implementation Timeline
USER FEEDBACK
Genie AI
Practical Law
LexisNexis
Common Complaints

✅ Generally positive reviews, with some reported issues in specific areas

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✅ Generally positive reviews, with some mentions of a learning curve for advanced features

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Case Study Metrics Available
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