Let's compare Precisely and Genie AI on features, pricing, reviews and market focus. Let's test the accuracy, security and compliance of their Legal AI too.
Genie AI is a secure intelligent platform that streamlines contract drafting, reviewing, and editing with cutting-edge, AI-powered tools.
✅ AI-superpowered contract drafting, collaboration & review
✅ AI-powered contract review and management
✅ Lawyer-supported AI and ML at the core of the platform
✅ Uses AI and ML for contract analysis, unlike Genie's lawyer-supported AI
✅ Enterprise-grade security measures in place
❓ Encryption details not specified
✅ Compliant with major security standards, ISO27001 and SOC2
❓ Compliance with specific standards not mentioned
✅ 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 handling and storage practices not clarified
❓ Multiple authentication options (coming soon) (request this feature)
❓ Authentication options not outlined
✅ Granular user permissions and access control features (document level, project level, organization level, party level)
✅ Role-based access control features
✅ Compliant with GDPR and other privacy regulations
✅ GDPR compliant
✅ Industry-leading AI-assisted contract drafting capabilities (all expected provisions and sections over 20 pages)
❌ No AI-assisted contract drafting capabilities, unlike Genie
✅ 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)
✅ Collaboration features for contract review and approval
✅ Powerful AI-driven contract analysis, red/amber/green flag reviews every clause (industry-leading improvements coming in 2025)
✅ AI-powered contract review and risk assessment
✅ Manage your projects and organise your own template and clause library
✅ AI-powered contract review and management
❓ No 'dumb' automated workflows. Agentic workflows coming in 2025
✅ Customizable workflows for contract processes
✅ Full numbering support + AI auto-styling and formatting (coming soon)
❌ Advanced styling and formatting options not highlighted, unlike Genie
❓ 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.
✅ Integrates with CRM, ERP, and e-signature tools
❓ Just export to .docx and use your existing provider (request this feature)
✅ Built-in e-signature functionality
✅ Company and user level reporting and analytics (on request)
✅ Contract analytics and performance metrics
✅ AI-powered document assembly
❌ No mention of AI-powered document assembly, unlike Genie
✅ 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.
❌ AI-assisted document editing features not available, unlike Genie's market-leading capabilities
❓ Top-level AI Legal Research available as AI chat within the legal document, some prompting required (request this feature)
❌ No built-in legal research tools, unlike Genie's top-level AI legal research
✅ Negotiation tools for multi-party clause-by-clause agreements
❌ Lacks advanced negotiation support features, unlike Genie
❓ No advanced data extraction or OCR capabilities (request this feature)
✅ OCR capabilities for digitizing physical contracts
✅ Mobile-optimised Web App
❓ Mobile app or responsive design not specified
❓ Coming soon (request this feature)
❓ File storage integrations not mentioned
✅ Community clause library available for creating modular contracts
❌ No community clause library, unlike Genie
Coming soon - ✅ A library of your private clauses usable only by your legal team
❌ Private clause library not available, unlike Genie's upcoming feature
✅ Community template library available to create modular contracts
❌ No community template library, unlike Genie
✅ Bring your own library of private templates usable only by your legal team, within Genie
❌ Firm-specific template library not offered, unlike Genie
✅ Seamless integration with Microsoft Word, full styling, tables, formatting compatibility
❓ Seamless Word integration not highlighted
✅ No known issues (Pre-formatted templates, consistent formatting, tables, cross-version compatibility)
❓ Potential formatting limitations compared to Genie's pre-formatted templates and consistent formatting
✅ Generally positive reviews
✅ Generally positive user reviews, specific issues may vary
✅ Multiple support channels available including phone, whatsapp, email and live chat
✅ Email and phone support available
✅ Available with our custom plans
❓ Availability of dedicated account managers not specified
✅ For our custom plans, get setup within 3 days with a guided onboarding plan
✅ Guided onboarding and training sessions
✅ Established AI-focused legal tech company
✅ Founded in 2017, focused on contract management
✅ 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
❌ Younger company compared to Genie, depth of AI integration unclear
✅ 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
❓ Details on AI model accuracy and transparency not provided
✅ 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.
❓ Customer base size and notable clients not disclosed
✅ 3rd party and proprietary AI models
❓ Use of open-source or proprietary AI models not specified
✅ Cloud-based (SaaS)
✅ Cloud-based solution
✅ Suitable for in-house legal, law firms, and SMEs
✅ Primarily targets in-house legal teams and law firms
✅ Built as a platform which is versatile across various industries. Focus areas are construction, manufacturing, consultancy and legal services.
✅ Serves various industries, including real estate, construction, and IT
✅ 120+ jurisdictions including the UK, California, Texas, India, Australia, South Africa, Singapore, France, and Germany.
✅ Operates primarily in Sweden and the Nordic region
✅ Generous free plan. Transparent subscription plans to suit different needs. Custom plans for orgs handling more than 10 documents per month.
❓ Pricing details not publicly available, estimated at $10,000+ per annual company license, following a multi-week discussion with their sales team
✅ Offers SLAs for custom plans, specifics not public
❓ SLAs and uptime guarantees not mentioned
I am happy to see the level of security employed by this site. As some of the information they hold through documents we create is sensitive it is imperative that security is at the forefront of Genie's considerations. I would not want this information to be available to anyone, especially competitors.
I use Genie for creating contracts for software development, it's better than the LLMs, but not perfect yet. I still need a lawyer to finish things off.
Generating trustworthy documents that are governed by the correct country law, and drafted using plain English terms, combined with legalese would otherwise be held up on lawyers desks for months! Genie makes it possible to move forward promptly on projects.
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The cost of drafting high-quality legal drafting for start-ups can be substantial. When searching for a solution to this problem, I thought of Genie. They offer an excellent, user-friendly platform that allows us to draft, review, and create contracts with just the click of a button. The team is always available to address any issues that arise, and I don’t think I’ve ever talked about a product as much as Genie.
Genie was so intuitive, and easy to use, allowed me to not only review but adjust my document so that my clients and me were protected and expectations were clear.
As a freelancer, I can now prepare proper long-form legal contracts for and with my clients, using AI
Genie saves me time, gives me confidence in handling legal matters, and produces clear, customizable agreements. It's extremely easy to export for signing with a tool like Docusign, and I’ve already recommended it to others!
I don't trust standard AI for any legal work, but with Genie, I have a lot of confidence! I love the interface, how easy it is to use and all the many improvements that have been made since I first started using it.
I was bogged down with manual reviews, constantly battling with consistency or missing a small but key detail. Their AI document review feature has been a game changer. I keep coming back to them time and time again.
Before Genie, it would take 2-3 hours to tailor boilerplate templates to my needs even if they're straightforward. By the time I've done that, even if it's easy, I've used a whole morning. Genie can now do the heavy lifting of creating that viable first draft for me, which is automatically tailored to my key requirements, and I can then refine. It’s a massive time saver.
Genie's template library and smart AI has saved us so much time and headache in getting our contracts drafted and improved. It's incredibly impactful for fast-growing companies like us who have to quickly get on top of contracts in employment, sales, partnerships, etc.
I was trying to create an NDA for a contractor service and needed someone or an AI to help me do that and also to proof read the document to be sure all details were there, then I stumbled on Genie AI and tried it out and to my surprise it actually worked well!
Now that I’m using Genie for drafting documents, I’m saving 12-15 hours of my time a week and I’m saving €20,000 a year on legal fees.
Speed and productivity are massively enhanced with Genie, alongside tools like Docusign and Grammarly
It’s simple and the interface is easy to engage with. I'd say it's made my practice possible and I'm not exaggerating.
Given my time constraints, I like the support that Genie offers, compared to LexisNexis
Genie AI has streamlined the legal review process and improved overall efficiency. Couldn't recommend it enough.
WIth Genie I'm saving time, meaning that more work can be taken care of by my own self rather than depending upon others.
I use Genie for document review, which has significantly improved my workflow. When I found it, I was struggling with efficiently catching typos and inaccuracies in legal documents. Since using Genie, I've noticed a marked improvement in the quality of my reviews. I save about 2 hours per contract, and I can finalize agreements much faster.
Great tool for start ups looking to get legal documents done quickly.
Easy to use and no customer support needed. Which was a surprise, since I had never used AI documents or the Genie applications.
Not many tools have a clause library, based on substantiated data. Genie does!
Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs
Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.
Import 100+ page docx. files and run a clause-by-clause red flag review in 3 minutes. Chat with Genie to understand anything about your document.
