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Unique Global Breadth vLex has been unique among legalresearch services for its breadth of international coverage. Its platform includes Vincent, an AI-powered legalresearch assistant that analyzes legaldocuments that users upload and finds relevant search results. It works in both English and Spanish.
Lexlegis.AI, a Mumbai-based legalresearch company, has launched what appears to be a legal-specific LLM. It is trained on over 10 million Indian legaldocuments.
Here are some use cases for their application: Rapid Document Analysis: Need to gauge the sentiment of a complex contract or a lengthy legal brief quickly? Efficient Document Summarization: Quickly condense lengthy documents, emails, or case files into concise summaries. Consider it a virtual 24/7 receptionist.
Matt Wetherington , a nationally recognized trial attorney, brings a wealth of expertise in navigating complex legal landscapes and integrating cutting-edge technology into legal practice. Register today to learn from Matts expertise and prepare to navigate AIs growing impact on the legal profession!
Free legalresearch tools used to be a dream. High-quality legalresearch is a necessity for all law firms—after all, finding the right precedent or statute could give you the edge to win your case. In the past, paid research platforms were the only choice. What is a legalresearch tool?
The legalresearch company Casetext has raised $25 million in a Series C funding round, bringing its total amount raised to $64.3 7, 2022, documenting the raise of $25 million in equity financing. .” “We have found attorneys doing legalresearch on Parallel Search save 11.5
These dedicated professionals are responsible for conducting thorough legalresearch and managing extensive paperwork, playing a critical role in the operational success of law firms. Every October 23rd, National Paralegal Day is observed to recognize and appreciate the invaluable contributions of paralegals.
When the legalresearch companies vLex and Fastcase announced their merger in April , they promised the deal would fuel new opportunities for the development of generative AI for legalresearch. “The combined library is the crown jewel of LLMs and the ultimate training data set for legal AI.”
I had the good fortune to sit down with Ed Walters , Chief Strategy Officer of vLex , earlier in the week to hear about the launch of a generative AI legalresearch platform by vLex, following its merger with Fastcase. Build an Argument: Constructs memos supporting or refuting a particular legal argument.
Legal professionals are often assumed to be tech lays. The big question is, will this new Artificial Intelligence (AI) tech make legalresearchers obsolete? I am not sure how well and deep ChatGPT can read and understand documents. Will ChatGPT replace LegalResearch? The answer may be yes or a delayed NO.
The Ask Legal app can be used in Chat mode, whereby an employee asks a question and the app attempts to answer it, with the answer generated from the company’s internal policies and guidelines. The app can also be used in Request mode to submit a request to the legal department, such as to prepare or review a contract.
It started in June, when the company announced its $650 million acquisition of the legalresearch and AI company Casetext and the CoCounsel generative AI tool Casetext had developed in collaboration with OpenAI. Soon after that, it rolled out generative AI within Practical Law , its legal know-how product.
SixFifty, a company that helps businesses automate employment law compliance and documentation, today released the first phase of its Employment Law Informatics Project (ELIP), an effort to catalog, summarize, and encode the logic of every employment law in the United States, to enhance both academic legalresearch and practical business use.
Conducting legalresearch With its capacity to search legal databases and research, ChatGPT Search can assist with various legalresearch tasks, including researchinglegal developments, locating relevant case law, and more.
Global online legalresearch provider vLex last week launched a suite of generative AI-backed document analysis tools for litigation and transactional practitioners as in other news, AI startups Patlytics and […] The post Legaltech latest: vLex unveils new gen AI tools + Labs as Patlytics and LawHive raise millions in seed funding appeared first (..)
Thomson Reuters has launched Westlaw Precision, its most dramatic update to the Westlaw research platform since Westlaw Edge in 2018. For this new version, Westlaw tackled the underlying issues that slow down legalresearch — namely lack of precision in search results, which leads to extra hours reviewing cases that aren’t relevant.
BriefCatch BriefCatch empowers lawyers and judges to edit legaldocuments to the highest standards while helping their clients win, boosting their writing skills, and enjoying expert explanations, models, and examples. Ai.Law Ai.Law provides AI-generated litigation documents, from pleadings to discovery.
It was major news April 4 when the legalresearch and technology companies Fastcase and vLex announced their merger, creating a single entity that they say now has the world’s largest subscriber base of lawyers and law firms and a legalresearch library of more than 1 billion documents from more than 100 countries.
Microsoft’s filings made some unredacted disclosures about Medina that were repeated in an unredacted court opinion, and those documents appeared on several websites that publish court documents. He then sued the court document repository websites (and other defendants) for defamation, false advertising, and more.
Oakley Capital, a major European private equity investor, has acquired majority ownership of vLex , the international legalresearch platform. vLex is unique among legalresearch services for its breadth of international coverage. See: Vincent Joins CARA, EVA and Clerk as the Latest AI-Driven Research Assistant. .
It can provide guidance on basic legal questions, help with court forms, and offer directions on presenting cases to judges. Efficiency in Legal Processes : The introduction of AI in legal can lead to a more efficient handling of cases. This indicates its utility in supporting legalresearch and education.
2013 New LegalResearch Site Combines Case Law with Crowdsourcing. 2014 Two Sites Offer Platforms for Crowdsourced LegalResearch. 2017 LegalResearch Company Casetext Closes on $12 Million in Funding. Casetext Expands Its CARA Research Assistant, Adding Suggestions Of Relevant Briefs.
Legal is outpacing other industries when it comes to adopting AI; whether it is document drafting, client communications, or legalresearch, we are seeing lawyers realize the value of AI in a concrete way, further reaffirming that if you don’t embrace AI, you’re at a fundamental, competitive disadvantage.
He became interested in the future of legal education and how artificial intelligence will affect the profession, which led him to co-found Blue J , a legal technology company in Toronto. On the other hand, Abdi Aidid practiced as a commercial litigator in New York before becoming the Vice President of LegalResearch at Blue J.
. “Smokeball AI enhances functionality within its existing platform, optimizing workflows to help law firms expedite intake processes, search for legal answers, navigate through matter documents, draft correspondence, and provide tailored descriptions of work directly on invoices,” the company says.
“We’re trying to solve a longstanding problem in the legal field, and that is that judges only write judicial opinions for 3% of rulings,” Ovbiagele said. ” He distinguished Bench IQ from legal analytics companies such as Lex Machina or Pre/Dicta. That’s the problem that we are solving with Bench IQ.”
With hallucinations continuing to haunt applications of generative AI in the legal field, Paxton AI, a startup for contract review, document drafting and legalresearch, today released results of a benchmarking study that showed its product achieved 93.82% average accuracy on legalresearch tasks.
On December 7, 2023 Wolters Kluwer released the following announcement : Legal & Regulatory division continues to redefine the landscape for legal professionals Wolters Kluwer Legal & Regulatory (LR) today announced an innovative feature for legal professionals: Generative Pre-training Transformer (GPT)-generated summaries of court rulings.
Just four years after launching Westlaw Edge as its next-generation legalresearch platform, Thomson Reuters today unveiled the next-next generation. Tackling Tedious and Imprecise Research. A traditional search using that query brought up 285 documents. What does TR mean by more precise? The Precision Search template.
Contrary to previous legal technologies, which had defined use cases, the extensive potential of generative AI presents complexity. Its capabilities ranged from assisting in drafting documents to not yet being fully independent in document reviews. Justis 10:39 Sure, Greg. So think about this.
In its write-up, How Casetext is assigning every attorney an AI co-counsel , Fast Company says: “CoCounsel can generate — at a blazing speed — legalresearch memos, review thousands of documents to answer questions during discovery, and find specific contract items in vast databases of information.”
Last year, I wrote here about the beta release by Casetext of a powerful search tool, WeSearch, developed using an emerging branch of artificial intelligence known as neural networks, that is remarkably adept at finding conceptually related documents, even when they contain no matching keywords. ” Neural Network Framework. .
Document management company iManage and legalresearch company vLex now have something else in common besides brand names that start with lower-case letters.
AI is already starting to assist in tasks like drafting documents, conducting legalresearch, and even predicting legal outcomes. The reporters cited, in detail, the legal AI startup Harvey, funded by OpenAI, as an example. This presents both a challenge and an opportunity for lawyers.
VoiceScript Ai.Law Elevator Pitch: Provides AI-generated litigation documents, from pleadings to discovery. We are the first AI-driven platform to focus specifically on drafting litigation documents. The substantial amount of time lawyers spend drafting documents during litigation. What makes you unique or innovative?
Enhancing professional skills Paralegals can utilize CLEs to boost their professional skills and their overall performance as a legal professional. A paralegal can also learn practical skills, such as legalresearch , document management , and trial preparation. Some of these skills will apply to distinct areas of law.
Lawyers and legal professionals using the AI-powered document drafting tool Clearbrief to create a legal brief or document will now be able to seamlessly view any case law they cite thanks to a partnership with the legalresearch and intelligence company Fastcase , the companies announced today.
It can also help with legalresearch, finding relevant case laws or statutes quickly without endless hours of manual searching. Natural Language Processing (NLP) Natural language processing is what helps AI tools make sense of human language, even the complex and technical terms often used in legaldocuments.
As a small or solo firm, you could be using AI for things such as legalresearch, document review, e-discovery, and predictive analytics. After all, AI isn’t just used to generate content or images, it can be used for your business too!
The Oregon-based company offers AI-powered legal assistant tools for legalresearch, document […] The round was led by Unusual Ventures, with participation from Kyber Knight, 25Madison, and WVV Capital.
“It creates a momentous opportunity for attorneys to delegate tasks like legalresearch, document review, and contract analysis to an AI, freeing them to focus on the most impactful aspects of their practice.” Review documents. Legalresearch memo. One skill I tested is reviewing documents.
The global legalresearch company vLex today announced the launch of Vincent AI Document Analyze, a new tool in its suite of generative AI features that enables legal professionals to analyze litigation and transactional documents and surface legal and factual information that they can use in preparing a response.
She founded ClearBrief in 2020 to leverage AI to analyze documents and suggest relevant evidence and citations to streamline drafting. By uploading case documents and discovery materials, the AI can pull facts and quotes directly from the record to support legal arguments in the brief. Jacqueline Schafer 6:33 Yeah, absolutely.
Research assistance: ChatGPT can provide quick access to legal information and precedents, making it a valuable tool for lawyers conducting legalresearch. Lawyers may use ChatGPT to find relevant cases, statutes, or legal principles to support their arguments. Here are a few possibilities: 1.
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