CreateDraft

Contact for Pricing

Effortlessly draft or derive insights from any legal document within minutes using CreateDraft.

How CreateDraft can help you:

Summarize and gain insights from legal documents swiftly.
Automate the creation of first drafts for legal documents.
Interrogate and question legal documents efficiently.
Review and break down complex contracts easily.

Why choose CreateDraft: Key features

Over 340 templates for legal drafting automation.
Supports document analysis in 25+ languages.
Tailors legal documents to specific jurisdictional nuances.

Who should choose CreateDraft:

Lawyers and legal teams looking to improve productivity.
Non-lawyers needing assistance in understanding legal documents.
Professionals requiring quick insights from legal texts.

About CreateDraft

Website

https://createdraft.com

Release Date

March 2024

Pricing

Contact for Pricing

Related fields

Related News

ContractCrab's AI Contract Review Feature Set to Replace Lawyers

ContractCrab - a leading provider in the legal tech industry - has announced the release of its newest tool: AI Contract Review. By introducing this feature, ContractCrab aims to better assist business owners and legal professionals by providing automated and accurate contract analysis, significantly reducing the risks and costs traditionally associated with legal reviews. SAN FRANCISCO, October 21, 2024 (Newswire.com) - ContractCrab aims to solve a common issue among businesses - human error. Even experienced lawyers are not immune from making mistakes. The launch also highlights the high costs of legal services that often leave business owners feeling disconnected from the legal process and uncertain of the value they're receiving. ContractCrab's AI Contract Review addresses these problems by offering a transparent, reliable, and affordable solution that empowers businesses to take control of their legal documents. ContractCrab has built a sturdy reputation for helping businesses to streamline legal processes, becoming known as a market-leading contract summarization tool. Now, this new AI Contract Review function builds on that foundation, bringing advanced AI-driven insights to contract review in ways that traditional methods cannot. The AI Contract Review feature includes several powerful capabilities, including universal compatibility, allowing seamless processing of any type of contract. Clause warnings, another key feature, will flag certain clauses that could expose businesses to unnecessary risks or liabilities. The feature also has the power to suggest contractual improvements, giving users the option to accept or decline changes based on their requirements. By integrating AI Contract Review into their workflows, users can achieve a more reliable contract signing experience, significant time and cost reductions in routine legal tasks, and overall improved legal efficiency. Nullifying the human errors that can slow down and complicate the legal process can deliver the confidence needed to take immediate action and make difficult decisions. Discussing the new feature launch, Paul Sokolov, CEO of ContractCrab, commented, "We've always believed that legal technologies should empower businesses, not burden them. Our AI Contract Review tool offers an innovative solution that makes the legal process more accessible and affordable, without compromising on quality." The AI Contract Review tool will be available via a monthly subscription, priced at $30 per month. Businesses that sign up for the waitlist before the official launch will receive one month of free access to the tool. For more information and to join the waitlist, visit the ContractCrab website.

Newswire.com

Mon, 21 Oct, 4:28 PM UTC

Ironclad launches Jurist, an AI-powered legal assistant for contract work - SiliconANGLE

Ironclad launches Jurist, an AI-powered legal assistant for contract work Ironclad Inc., a digital contract management startup, today announced the launch of its conversational artificial intelligence legal assistant named Jurist that will work with professionals to draft contracts and understand the law. Michel Feaster, Ironclad's chief product officer, told SiliconANGLE in an interview that the company is launching its AI assistant now because legal work, especially contracts, represents one of the best use cases for large language models. "What do these LLMs do? Well, it's reading comprehension and it's writing," said Feaster. "And, when you think of a lawyer drafting or editing or taking a company position, all lawyers are doing is reading, comprehending and writing." In fact, Feaster said, 68% of legal work takes place in in contracts, providing a lot of overlap with legal tech. The company's customers themselves expressed a desire for a legal AI assistant to help them with contract work, which led Ironclad to launch Jurist. Jurist was developed through five-month beta, which included in-house legal teams at companies such as AI-driven document automation company Ocrolus Inc. and e-commerce fraud protection platform Signifyd Inc., plus leading law firms such as Gunderson Dettmer. "Jurist has already eliminated hours of manual review from our document review process," said Katelyn Canning, director and head of legal at Ocrolus. "Its intuitive interface lets us easily define our own parameters, transforming tasks like NDA reviews into a streamlined workflow. What truly sets it apart is its ability to select the most appropriate AI model for each task behind the scenes, delivering useful results without requiring us to craft intricate prompts." Feaster explained that lawyers can use Jurist to save time by uploading multiple contracts to form an existing precedent to create a new one so that the AI can pre-generate a new one as a starting point. From there they can use the conversational interface to update the new document and update names and dates and fine-tune contract language. Or, for example, if there are multiple contract documents for a business closing that need to be updated, they can all be open at once and Jurist can edit them simultaneously. Using the conversational interface, the lawyer can ask it to change the number of board seats, key terms or other elements and make sure all of the documents remain aligned. One important feature of Jurist is that lawyers using it can see everything it does and it's not a black box like other assistants, Feaster explained. As it operates, it provides citations and the reasoning for its decision-making. "We made it completely transparent so that we're not just creating trust by having a secure architecture," Feaster said. "We also made our multi-agent assistant show its work, and the lawyer can obviously use that to then accept or reject parts of the work the Ironclad the assistant did." After a user prompts it to produce a draft or edit a section of a contract, all AI outputs can be examined and either accepted or rejected. According to Feaster this allows lawyers to apply their own "human intelligence and judgment" to the AI edits and therefore keeps the human in the loop at all times. Contract law is complex and complicated even for the best professionals, who must pull information from numerous sources. Jurist does the same with by accessing legal knowledge from verified, reputable online legal sources, including FindLaw.com, EUR-Lex and Oyez.org. Feaster said that in testing the AI assistant has also shown great results for productivity with early access partners. In one case with nondisclosure agreement reviews, one company saw the process become minutes where it ordinarily took an hour. In the case of translation from another language into English, a process that could take the better part of an entire day, plus attorney's fees, using Jurist the job was also reduced to minutes. "We've released Jurist as a standalone product because we feel this will benefit the entire legal community -- whether they already use Ironclad or not," said Ironclad President Jeremy Smith. "We are committed to enabling legal teams with the products they need to drive tangible business impact, and we believe Jurist will make a lasting impact on the future of the legal field."

SiliconANGLE

Thu, 14 Nov, 6:12 PM UTC

Top 8 AI Tools for Legal Professionals

According to a 2024 generative AI report, the adoption of AI in the legal profession shows that 14% of law firm and corporate legal respondents are already using AI technology, 12% are planning to use it, 35% are considering whether or not to use it, and 40% currently have no plans to use AI. Additionally, 27% of legal industry respondents said they use open-source AI tools like ChatGPT today, while 43% plan to use legal-specific AI tools within the next three years. Here are a few AI tools for legal professionals to explore. Casetext Casetext, one of the best legal research tools on the market, and its new AI assistant has the potential to make it even more useful. Casetext speeds up the research process with its AI assistant called CoCounsel, which was developed in collaboration with OpenAI and built on top of GPT-4 with customizations for the legal industry. Casetext claims that CoCounsel can write and comprehend at a postgraduate level. Beyond legal research, CoCounsel can also help with reviewing documents, searching databases to discover relevant information, preparing for trial, summarising findings, and laying out the basics for a legal memo. Detangle.ai Detangle makes innovative use of AI technology to summarise lengthy legal research and transform complex jargon into plain English. By simplifying and explaining legal terminology, detangle helps one save thousands in legal fees and boost one's confidence in legal matters. The detangled document provides a concise 1-2 paragraph summary, so one can immediately understand the key points. With a simple interface, one can upload assets or paste URLs to get AI-generated summaries of lengthy documents, audio files, or videos, making complex legal jargon easy to understand. Amto Amto utilises 692 proprietary AI algorithms specifically trained for lawyers, to enhance online visibility, attract quality leads, and convert them into loyal clients. Amto combines human expertise with AI for superior legal marketing; expert lawyers curate content, while AI selects ideal keywords to target the audience effectively. It ensures all strategies comply with ABA guidelines, safeguarding the integrity of one's practice. The services include using generative AI based on ChatGPT for drafting legal documents, letters, and emails, providing instant revisions, recommending missing clauses, identifying research gaps, and creating client reminders for deadlines and important dates. AI Lawyer AI Lawyer is an innovative tool designed for everyone. It avoids expensive legal consultations, long waits for appointments, and confusing legal texts. It provides legal information and simplifies legal language for general audiences, supports lawyers in legal research and strategy development, and helps law students hone their research skills and gain insights into modern legal trends. AI Lawyer's best features include providing fast, easy-to-understand insights into complex legal issues, summarising uploaded documents, and creating simple legal agreements in minutes. Lawgeex Lawgeex contract review automation solution, powered by patented AI technology, reviews and redlines legal documents based on one's predefined policies. Unlike other solutions, Lawgeex comprehends contractual context and one's position, ensuring consistency across contracts, saving time and money, and expediting deal closures. This AI-driven tool supports high-volume contract analysis for non-disclosures, service agreements, and more. It integrates with popular CRM systems and other apps, allowing for automatic redlining via email or direct integration, making the review process efficient and seamless. Lex Machina Lex Machina, a legal analytics company owned by LexisNexis, leverages AI technology to review and sort court documents, enabling users to discover trends among parties, lawyers, judges, and courts. The data includes findings, damages, and case outcomes. Lex Machina continuously crawls databases such as the USPTO, ITC/EDIS, PACER, and state court data every 24 hours, ensuring the AI platform has access to the latest information on millions of cases. This comprehensive data collection allows Lex Machina to deliver a vast array of AI-driven insights. Law.co Law.co (AI) platform for lawyers and law firms, is designed to digitise and optimise legal operations. It automates and streamlines complex legal processes and research, while enhancing contract drafting and editing with the power of GPT. This powerhouse platform leverages AI to revolutionise law firms' operations, offering cutting-edge features like automated legal drafting, contract review, and enhanced legal research. Law.co also utilises GPT and an advanced semantic search engine, providing powerful access to queries with contextual understanding and continuous learning capabilities. Additionally, the platform is multilingual, making it an excellent choice for firms offering services in multiple languages. Harvey AI Harvey AI stands among other AI-driven legal tools for its predictive abilities. It dissects extensive legal databases, delves into case histories, and analyses legal trends to provide well-informed predictions about case trajectories. This enables proactive decision-making by leveraging data-driven insights, setting it apart as a distinctive advantage. Harvey AI's ability to detect early warning signs and suggest risk-mitigation strategies can revolutionise internal procedures. It goes beyond reactive legal actions, empowering organisations to make proactive decisions, a feature that marketers can highlight to showcase its unique benefits.

Analytics India Magazine

Fri, 19 Jul, 8:00 AM UTC

How AI Tools Improve Efficiency and Productivity of Lawyers

The use of AI in law practice brings up improvements for redundant work as well as the aptitude to look for information and the priceless point of view. Being used in procedures as diverse as assessing documents, improving the approaches to contracts and making communications with customers, AI is changing the whole spectrum of legal work. By applying these technologies, attorneys can increase productivity enabling them work more efficiently on matters of strategic value rather than reformatting documents. These developments, therefore, allow the expertise in law to stay ahead of the market so that legal professionals meet the current society's standard as well as the highest standards of quality. How Do AI Tools Automate Document Review and Analysis? AI tools like Kira Systems and Luminance utilize machine learning algorithms to automate the document review process. These tools can quickly scan and interpret large volumes of documents, identifying relevant information and flagging potential issues. By doing so, they significantly reduce the time lawyers spend on manual document review. For instance, AI can extract key clauses from contracts, identify inconsistencies, and highlight areas that require attention. This automation minimizes human error and ensures a higher level of accuracy and consistency. Additionally, AI-powered document analysis tools can learn from each review session, continuously improving their accuracy and efficiency over time. As a result, lawyers can focus more on strategic aspects of their work, such as advising clients and developing case strategies, rather than being bogged down by tedious document review tasks. How Do AI Tools Enhance Legal Research? AI-powered legal research tools like Ravel Law and Casetext revolutionize the way lawyers conduct legal research. These tools leverage natural language processing (NLP) to analyze legal texts, including case law, statutes, and regulations. By doing so, they can quickly sift through vast databases to find the most relevant information. This capability allows lawyers to build stronger cases more efficiently by accessing pertinent legal precedents and authoritative sources in a fraction of the time it would take using traditional research methods. Moreover, AI tools can understand the context and nuances of legal queries, providing more accurate and relevant results. This advanced level of research enables lawyers to develop more robust legal arguments and stay current with evolving legal standards. How Do Predictive Analytics Tools Assist Lawyers? Predictive analytics tools like Blue J Legal help lawyers by forecasting the likely outcomes of legal cases based on historical data. These tools analyze past case results and various legal factors to provide insights into the strengths and weaknesses of a case. For example, they can predict the probability of winning a case, estimate potential damages, or suggest the most effective legal strategies. By utilizing predictive analytics, lawyers can make more informed decisions, better assess risks, and optimize their case strategies. This data-driven approach helps in identifying patterns and trends that might not be immediately apparent through manual analysis. How Do AI Tools Streamline Contract Management? AI tools such as Evisort and LawGeex streamline contract management by automating various aspects of the drafting, review, and approval processes. These tools use natural language processing (NLP) to analyze contract language, identify key clauses, and suggest edits. They can also compare contract terms against a database of standard clauses or company policies to ensure compliance with legal and organizational standards. By automating these tasks, AI tools significantly reduce the time and effort required for contract management. They also enhance accuracy by minimizing the risk of overlooking critical details or inconsistencies. How Do AI Chatbots Improve Client Communication? AI chatbots like LawDroid and DoNotPay enhance client communication by providing instant, 24/7 responses to common legal queries. These chatbots can handle routine inquiries, such as questions about legal procedures, document requirements, and appointment scheduling. By automating these interactions, AI chatbots free up lawyers' time to focus on more complex tasks that require human expertise. Additionally, chatbots can assist with document preparation by guiding clients through the process of filling out forms or generating standard legal documents based on user input. This capability not only improves efficiency but also enhances the client experience by providing quick and accurate assistance. Furthermore, AI chatbots can integrate with other legal software, allowing for seamless data transfer and task management. How Do AI Tools Optimize Workflow and Task Management? AI-powered workflow optimization tools like ClickUp and Trello help legal teams manage their tasks more efficiently by automating routine administrative tasks, tracking deadlines, and facilitating collaboration. These tools use AI algorithms to prioritize tasks, assign them to appropriate team members, and monitor progress. They can also send reminders for upcoming deadlines, ensuring that no critical tasks are overlooked. By providing a centralized platform for task management, these tools enhance transparency and accountability within legal teams. How Do AI Tools Enhance Due Diligence? Due diligence is a critical aspect of legal practice, especially in mergers and acquisitions. AI tools like Diligen and Kira Systems automate the due diligence process by quickly analyzing large volumes of documents and identifying potential risks. These tools use machine learning algorithms to extract and review relevant information, such as financial records, contracts, and regulatory filings. By doing so, they significantly reduce the time and effort required for due diligence, allowing lawyers to focus on higher-level analysis and strategic decision-making. How Do AI Tools Facilitate E-Discovery? E-discovery is the process of identifying, collecting, and producing electronically stored information (ESI) in response to legal requests. AI tools like Relativity and Everlaw use advanced algorithms to streamline this process. These tools can quickly sift through vast amounts of data, such as emails, documents, and social media posts, to identify relevant information. By automating the initial review and categorization of data, AI tools significantly reduce the time and cost associated with e-discovery. They also enhance accuracy by ensuring that relevant information is not missed. Additionally, AI tools can perform complex searches using natural language processing (NLP) and machine learning, identifying patterns and connections that might not be immediately apparent.

Analytics Insight

Thu, 25 Jul, 6:01 PM UTC

Lawyer Desk Unveils AI-Powered "LawBook" Mobile App: The Ultimate Educational Tool for Law Students

LawyerDesk.ai, a trailblazer in AI legal technology, proudly announces the launch of "Law Book", an advanced mobile app designed to redefine legal education for law students across India. This cutting-edge app leverages artificial intelligence to provide an unparalleled learning experience, equipping students with the knowledge and skills they need to excel in their legal careers."LawBook" is a comprehensive educational platform brimming with features that cater to the diverse needs of law students. It combines traditional legal resources with innovative AI-driven tools to create a dynamic and interactive learning environment.Key Features of LawBook:Case Generator: Generate case scenarios based on various types of law, allowing students to practice and hone their legal reasoning and argumentation skills.Legal Research: Access a vast database of legal texts, case laws, statutes, and journals, all easily searchable and regularly updated.Legal Drafting: Tools to assist in the creation of legal documents, helping students learn the intricacies of legal writing and formatting.Learning Tools: Engage with mind maps, notes, flashcards, and AI lawyer personas to enhance understanding and retention of legal concepts.Moot Court Simulation: Experience simulated moot court environments, complete with realistic case scenarios and role-playing, to practice courtroom skills.User-Friendly Interface: An intuitive design that ensures easy navigation and accessibility to all features."We are thrilled to introduce "Law Book", an app that embodies our commitment to innovation in legal education," said ANUSHITA KARUNAKARAM, CEO of LawyerDesk.ai. "By integrating advanced AI capabilities with comprehensive legal resources, Law Book provides a holistic learning experience that prepares law students for the complexities of the legal profession. Our goal is to bridge the gap between theoretical knowledge and practical application, ensuring our users are well-equipped to succeed."The development of Law Book involved extensive collaboration with legal educators and professionals to ensure the app's content is both accurate and relevant. This collaborative effort guarantees that Law Book not only meets academic standards but also aligns with real-world legal practices.About Lawyer Desk: Lawyer Desk is a pioneering legal tech company based in India, dedicated to revolutionizing the legal industry through advanced technology. With a mission to make legal resources accessible and efficient for all, LawyerDesk.ai offers a suite of applications including "Advocase" for legal professionals, "LawBook" for law students, "Prajalok" for the public and "CaseWork" for companies. By integrating state-of-the-art AI with expert insights, Lawyer Desk is setting new benchmarks in legal technology.

CXOToday.com

Tue, 20 Aug, 4:07 PM UTC

Similar products

Legalysis

With Legalysis, gain insights into contracts and legal documents using advanced LLM models. Identify risks, understand complexities, and generate concise summaries in a few clicks. Try us now for efficient legal document analysis.

Contact for Pricing

ContractIQ

Simplify contract drafting with AI-powered efficiency.

Contact for Pricing

Genie AI

Streamline your legal document workflows with Genie AI, your AI-powered legal assistant offering a vast library of templates and intelligent document customization.

Contact for Pricing

Airstrip AI

Airstrip AI is a legal document creation tool designed to assist non-lawyers in crafting personalized and lawyer-level accurate legal documents using advanced AI technology.

Freemium

Lawgeex

Automate your contract review process with AI-powered precision and speed.

Contact for Pricing

Your one-stop AI hub

The Outpost is a comprehensive collection of curated artificial intelligence software tools that cater to the needs of small business owners, bloggers, artists, musicians, entrepreneurs, marketers, writers, and researchers.

Creative and design

CreateDraft

Contact for Pricing

About CreateDraft

Related fields

Related News

Similar products

Legalysis

ContractIQ

Genie AI

Airstrip AI

Lawgeex

Your one-stop AI hub

The Outpost

Keep in touch