GenieAI vs Practical Law
What is GenieAI?
GenieAI is a secure intelligent platform that streamlines contract drafting, reviewing, and editing with cutting-edge, AI-powered tools.
What is Practical Law?
Founded in the UK, acquired by Thomson Reuters in 2013. Built as a legal knowledge solution that has gradually added technology components.
Lawyer-supported AI and ML at the core of the platform
Traditional legal content with some AI features added through acquisitions (CaseText, CoCounsel), but not built as an AI-native platform
AI-assisted contract drafting capabilities
Document automation through Fast Draft and Contract Express. AI powered Drafting provided through CoCounsel and CoCounsel Drafting,
AI-powered contract analysis with clause-specific risk assessments
Document review capabilities provided through CoCounsel
AI-powered document assembly
Precedent to template document creation, and template filling with AI assistance
AI-powered document editing: Ask Genie to edit your styling, suggest new clause text, or analyze key clauses. Shows tracked changes, and is private per party. Genie assists with and automates entire workflows, not just producing text responses.
AI-powered document editing with tracked changes in MS Word provided by CoCounsel Drafting.
AI-powered legal research assistance available within the document editor and free dedicated research platform: https://search.genieai.co/
Exceptional legal research capabilities through integration with Westlaw and other Thomson Reuters products
Tools to support negotiation, including clause-by-clause editing and collaboration features.
AI-powered negotiation tools for clause-by-clause agreement provided in CoCounsel Drafting
GenieAI offers OCR capabilities and data extraction through their API and integrations.
Limited capabilities compared to specialized tools
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)
Limited real-time collaboration features, no native editor with Google Docs-like functionality
Workflow automation
Workflow capabilities available subject to subscription levels and certain products.
Manage your projects and organize your own template and clause library
Requires integration with separate Thomson Reuters products
Company and user level reporting and analytics
Comprehensive usage analytics and reporting for enterprise clients
Import and export Word documents (.docx) with reasonable formatting fidelity. Some styling and complex formatting may not be perfectly preserved.
Native Microsoft Word Add in through CoCounsel Drafting
Coming soon
.Integration with iManage, Netdocs, SharePoint (some at extra cost)
Integrates with Microsoft Word, allowing direct editing and collaboration within the platform.
Integrates with Thomson Reuters ecosystem but limited third-party integrations
Full numbering support + AI auto-styling and formatting
Supports complex legal styling and formatting
Cloud-based (SaaS)
Cloud-based and on-premises deployment options available
End-to-end encryption and encryption at rest
Enterprise-grade security with end-to-end encryption
Compliant with ISO27001 and SOC2 Type 2
ISO27001, SOC2, and other major security certifications
GenieAI prioritizes data sovereignty by not training its models on user data. However, data may be processed by third-party LLMs subject to their respective data handling policies.
Strong data sovereignty controls with regional data centers
Multiple authentication options (coming soon)
Multiple authentication options including SSO
Granular access control features
Granular user permissions and access controls
Compliant with GDPR and UK GDPR standards
Compliant with GDPR, CCPA, and other major privacy regulations
Multiple support channels available (e.g., email, in-app messaging)
24/7 support via phone, email, and chat for enterprise clients
For our custom plans, get setup within 3 days with a guided onboarding plan
Comprehensive but often requires weeks to months for full implementation
Generally positive reviews, specific issues may vary
High cost, steep learning curve, and complex implementation process
GenieAI offers a range of subscription plans based on usage.
Subscription-based pricing starting at approximately $5,000-$10,000 annually per user for core services, with additional costs for specialized modules
Self-serve: ❌ No immediate self-serve option; requires account setup and trainingSales: ❌ Typically 1-3 months from purchase to full implementation