TEL AVIV, Israel, May 25, 2017 /PRNewswire/ --
LawGeex, the leading A.I. contract review platform for businesses, has been selected by Gartner, Inc. as a Cool Vendor in the inaugural Cool Vendors in AI for Legal Affairs, 2017 report.
Every year, Gartner selects tech companies with a product or service that is "interesting, new and innovative". More importantly, the global consultancy also flags to the business world major new disruptive sectors they need to know about. This year for the first time ever Gartner recognized legal Artificial Intelligence (AI) companies making a "profound efficiency impact on the way legal services are delivered."
LawGeex was selected for "driving technology advancement and delivering technologies that aim to further automate legal service delivery and provide new insight for better decision making", according to the report.
The distinction of being Gartner Cool Vendor has been achieved in the past by names such as Box, Dropbox, Evernote, Cloudera, and Instagram-then operating in disruptive spaces they created, but which we now take for granted as obvious leaders and benchmarks.
LawGeex is proud to be named in this first ever report, along with three other legal AI companies: Neota Logic, Onna and Ravel Law. These companies are part of a rapidly expanding industry of legal technologies, recently chronicled by LawGeex in The In-House Counsel's LegalTech Buyers Guide, featuring more than 100 legaltech innovators and 40 Legal AI players.
Gartner subscribers can access the Cool Vendors in AI for Legal Affairs, 2017 report.
About Gartner Cool Vendors
Gartner is the world's leading research and advisory company. Every year, Gartner identifies "Cool Vendors" based upon vendors with a technology or service that is innovative, impactful, and/or intriguing. In this year's report, four vendors have been recognized. Gartner's Cool Vendor reports identify technology vendors that have strong market vision and offer unique and innovative products and services that have genuine market impact.
Disclaimer from Gartner
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose
LawGeex (http://www.lawgeex.com) is transforming legal operations using artificial intelligence, and helping businesses save hundreds of hours and thousands of dollars reviewing and approving everyday contracts. Founded in 2014 by international lawyer Noory Bechor and leading AI expert Ilan Admon, LawGeex enables businesses to automate their contract approval process, improving consistency, operational efficiency and getting business moving faster. LawGeex combines machine learning algorithms, text analytics and the knowledge of expert lawyers to deliver in-depth contract reviews using the legal team's pre-defined criteria. LawGeex removes the legal bottleneck, helping customers and their legal teams focus on the big picture without getting lost in the paperwork.