Genie AI vs CosmoLex

✅ AI-superpowered contract drafting, collaboration & review

✅ Fully integrated legal-specific accounting system compliant with trust accounting rules; cloud-based platform with no need for separate accounting software

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

❓ Limited AI capabilities primarily focused on business intelligence rather than document creation or legal analysis

✅ Enterprise-grade security measures in place

✅ Bank-grade 256-bit SSL encryption

✅ Compliant with major security standards, ISO27001 and SOC2

✅ SOC 2 Type II compliant

✅ 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.

✅ Data stored in secure US-based data centers with strict privacy controls

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

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✅ Two-factor authentication, strong password policies, and single sign-on options

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

✅ Granular user permissions and role-based access controls

✅ Compliant with GDPR and other privacy regulations

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✅ Compliant with GDPR, legal ethics rules, and client confidentiality requirements

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

❌ No native AI-assisted contract drafting capabilities

✅ 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)

✅ Client portal, document sharing, secure messaging, and task assignment capabilities

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

❌ No contract review or analysis features

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

✅ Fully integrated legal-specific accounting system compliant with trust accounting rules; cloud-based platform with no need for separate accounting software

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

✅ Strong workflow management tools for case/matter management with task tracking and deadlines

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

❓ Limited support for complex legal styling and formatting compared to dedicated document solutions

❓ 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 Office 365, QuickBooks, LawPay, NetDocuments, and other legal tech solutions

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

✅ Integration with DocuSign and other e-signature providers

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

✅ Comprehensive financial and operational reporting, dashboards, and KPIs

✅ AI-powered document assembly

❓ Basic document assembly through templates, but lacks AI-powered 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.

❌ No AI-powered document editing features

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

❓ Limited third-party integrations with legal research tools

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

❌ No specialized negotiation tools or capabilities

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

❓ Basic OCR for scanning receipts and documents, but limited compared to specialized tools

✅ Mobile-optimised Web App

✅ Native mobile apps for iOS and Android with core functionality

❓ Coming soon (request this feature)

✅ Integrations with Dropbox, OneDrive, and Google Drive

✅ 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

❌ No dedicated clause management system

✅ 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

✅ Ability to create and store document templates, but without AI enhancement

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

✅ Integration with Microsoft Office suite including Word

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

❓ Some users report challenges with complex document formatting

✅ Generally positive reviews

❓ Some users note steep learning curve, limited customization options, and occasional performance issues

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

✅ Email, phone, and chat support available during business hours

✅ Available with our custom plans

❓ Available for larger firms but not standard

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

✅ Structured data migration and implementation process with training

✅ Established AI-focused legal tech company

✅ 2012 - Established practice management system

✅ 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 cloud-based platform

✅ 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.

✅ Thousands of law firms across North America

✅ 3rd party and proprietary AI models

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✅ Cloud-based (SaaS)

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

✅ Small to mid-sized law firms (1-50 attorneys)

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

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✅ Legal industry, with customization for various practice areas

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

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✅ United States and Canada primarily, with some 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 at approximately $79-$119 per user per month depending on plan level

✅ Offers SLAs for custom plans, specifics not public

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✅ 99.9% uptime guarantee

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

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

Community & events: ✅ Annual user conference, regular webinars, training sessions, and active user community forumTraining: ✅ Extensive knowledge base, video tutorials, webinars, and training sessionsPrompt Training: ❌ No legal AI prompt training or resources

Self-Serve: ✅ 1-click, no email address required, no card required
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Sales: ✅ 2-3 weeks from pilot to full team adoption

Self-serve: ❓ Free trial available but requires setup time; not instant accessSales: ❓ Typically 2-4 weeks from purchase to full implementation

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

✅ 1-2 weeks from agreement to full implementation

Pilot: ❓ Limited pilot process; relies primarily on free trial periodImplementation Timeline: ❓ 2-4 weeks from purchase to full implementation including data migration

✅ Consultative, transparent pricing, no hard selling

❓ Traditional sales process with demos and follow-ups

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

✅ Stenger Law firm saved 10+ hours weekly by eliminating duplicate data entry and consolidating practice management and accounting

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

✅ Average 20% increase in billable time capture; 30% reduction in accounting overhead; elimination of duplicate software costs