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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.

How Legalysis can help you:

Efficiently analyze and understand legal documents.
Identify potential legal risks and issues with high accuracy.
Generate easy-to-read summaries of dense legal documents.
Navigate legal differences across countries by pinpointing country-specific risks.

Why choose Legalysis: Key features

Advanced Legal Language Model (LLM) for deep document analysis.
Comprehensive risk detection to safeguard interests.
Clear, comprehensible conversions of complex legalese.
Document summarization for quick, thorough overviews.
Flexible credit packages tailored to your needs.

Who should choose Legalysis:

Law firms and corporate legal departments.
Individuals dealing with legal contracts and documents.
Businesses operating across multiple jurisdictions.
Anyone in need of simplifying legal document analysis.

About Legalysis

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https://legalysis.co

Release Date

March 2024

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Legal-Tech for a Developed India: Lexlegis.ai's Role in Viksit Bharat@2047

Balancing Technology, Judiciary Workload, and Legal Ethics for a Better India As India advances towards its ambitious goal of becoming a Viksit Bharat by 2047, one crucial yet often overlooked aspect -- accelerating justice -- must be prioritized. A swift and efficient judicial system is essential for economic growth, improving the ease of doing business, and fostering social trust. At the forefront of this legal transformation stands Lexlegis.ai, a pioneering legal-tech enterprise revolutionizing India's litigation landscape. Prime Minister Narendra Modi's vision of making India a research hub cannot be realized without addressing the global legal research requirement. Lexlegis.ai is spearheading this transformation through cutting-edge technologies, not only building legal research tools for India but also for the world. Revolutionizing Legal Assistance with Lexlegis.ai Lexlegis.ai introduces an innovative solution, Legal AID (Ask, Interact, Draft), designed to enhance efficiency across legal workflows: ● Ask: Users can obtain quick, precise, and well-supported legal answers powered by Explainable AI (XAI) with authoritative citations. ● Interact: The platform enables seamless interaction with multiple legal documents, offering valuable summaries and insights. ● Draft: Automates the creation of comprehensive legal documents, reducing drafting time for appeals, orders, contracts, and legal submissions from weeks to minutes. Beyond its flagship Legal AID, Lexlegis.ai is rapidly expanding its AI-driven capabilities to include Continuous Learning Programs (CLP), Case Management, Compliance Management, and Collaboration Tools, fortifying India's legal ecosystem. Accelerating Justice Delivery: The Lexlegis.ai Advantage Lexlegis.ai is committed to streamlining judicial processes, enhancing compliance, and alleviating the immense backlog in India's judiciary. Its solutions benefit law firms, tax professionals, corporate entities, citizens, and the judiciary itself. Despite policy measures such as raising monetary thresholds for admitting cases into higher courts and tribunals, litigation volumes continue to surge. With over 4 crore pending cases, India faces a judicial crisis. Founder Saakar Yadav warns, "Without advanced technological interventions, India may face a backlog exceeding 10 crore cases within the next few years." Empowering Law and Tax Firms with AI Legal and accounting professionals play a critical role in resolving India's litigation crisis. Lexlegis.ai collaborates closely with law firms and Chartered Accountants (CAs), providing AI-driven tools to expedite legal research and significantly reduce work timelines. However, Yadav raises concerns about data security, stating, "Many firms unknowingly upload sensitive client data to unreliable, newly emerging AI platforms that merely forward it to public AI models without understanding the risks of future legal complexities. This poses a significant risk -- once data enters public AI systems, retrieval and control become impossible." Lexlegis.ai prioritizes data security, ensuring that legal professionals operate within a safe and ethical AI environment. Bridging Vernacular Barriers: Inclusive Legal Technology Recognizing India's linguistic diversity, Lexlegis.ai provides multilingual legal resources to enhance accessibility. Less than 4% of Indians can read and comprehend large English paragraphs well. By democratizing legal information in multiple languages, Lexlegis.ai ensures legal clarity, reducing disputes caused by misinterpretation. Yadav states, "When legal information is accessible to common citizens, they are better informed. Clarity in law reduces frivolous and uninformed disputes." Enhancing Legal Research and Output With nearly 25 years of dedicated effort, Lexlegis.ai has built one of India's most comprehensive legal repositories. By integrating AI-driven precision, it surpasses conventional database searches, offering faster and more accurate legal insights. Yadav asserts, "Traditional database searches no longer suffice. Our AI-driven systems provide precise, actionable insights, setting a new standard for legal research." Lexlegis.ai follows the internationally accepted IRAC (Issue, Rule, Application, Conclusion) format, ensuring that legal research output is structured, reliable, and universally recognized. Addressing AI Hallucinations: Lexlegis.ai's Robust Approach Recent incidents, such as the Bengaluru Tribunal AI hallucination, where AI generated false information, highlight the risks of unreliable AI tools. Lexlegis.ai mitigates this risk by leveraging proprietary, deeply grounded in-house data systems, ensuring accuracy, reliability, and integrity in legal AI applications. Balancing Technology and Judiciary Workload Ironically, the ease of filing complaints through technology has led to increased litigation, straining the judiciary. While working as head of the Central Data Processing Centre (CDPC) of the National Judicial Reference System (NJRS), Yadav implemented "bunching of appeals" using machine learning to group similar legal cases efficiently. Yadav explains, "Through NJRS, we efficiently cleared substantial backlogs by addressing repetitive legal issues collectively, cutting case pendency significantly. Similar efforts should be taken up at all levels." He further notes that many cases lingering in lower courts have already been settled at higher judicial levels, yet they remain unresolved. One Nation, One Financial Return: A Vision for Simplified Compliance Yadav advocates for a unified compliance framework -- "One Nation, One Financial Return." Recognizing the complexities of GST, Income Tax, Provident Fund (PF), and Professional Tax (PT), this initiative proposes a single, incremental financial return system. This would allow respective government departments to extract necessary return data seamlessly, improving efficiency, minimizing bureaucratic friction, and reducing litigation caused by mismatched records. Ethical Legal-Tech: The Vaishnavi Approach Lexlegis.ai integrates Vaishnavi principles, rooted in devotion to Lord Vishnu, embodying transformation, protection, and ethical governance. This approach fosters legal harmony by ensuring client interests are safeguarded while aligning decisions with higher moral principles, reinforcing Lexlegis.ai's commitment to responsible legal innovation. Lexlegis.ai: Leading the Legal-Tech Revolution Responsibly Standing at the intersection of responsible AI adoption, innovative data management, and streamlined statutory compliance, Lexlegis.ai is reshaping India's legal landscape. Its contributions to judicial efficiency, litigation management, and legal accessibility are crucial in realizing the vision of Viksit Bharat by 2047. Disclaimer: Content created by Mediawire team with inputs from Lexlegis.ai.

Economic Times

Fri, 21 Mar, 4:03 AM UTC

Case Status just turned law firms into time-travelling mind readers

Case Status launched its new AI Case Summary feature this week, offering law firms an instant overview of client relationships and engagement through concise, AI-generated summaries. The new tool aggregates data across various communication channels within the platform. As the third major AI capability introduced in less than a year, AI Case Summary follows Real-Time Translation and Recommended Response. These tools allow law firms to translate communications, client interfaces, and provide natural suggested responses for inbound client messages. AI Case Summary compiles key data from message threads, checklist items, NPS feedback, and appointments into comprehensive relationship overviews. Each AI-generated summary includes: This capability allows legal professionals to quickly assess case statuses, saving time and improving efficiency. Ben Leader of Elrod Pope Law Firm praised the tool, stating, "The sentiment analysis is remarkably accurate, capturing the tone and overall case posture with impressive precision." While AI Case Summary has not come with specific training tutorials, Stewart J. Guss Injury Lawyers' Chief Legal Officer Brian Page confirmed its ease of use. He stated, "I can't be involved in every case at every moment. The AI Summary gives me an instant, comprehensive view of how my team and our clients are communicating, highlighting any potential friction points." Case Status delivers a secure software platform and a 5-star rated app that simplify client engagement through real-time updates, secure messaging, and AI-powered insights. These tools aim to keep clients informed and increase positive reviews and referrals. Upsmith's JennyAI is making tradespeople's lives way easier Case Status also integrates seamlessly with case management systems to provide a cohesive user experience for both attorneys and their clients, improving overall engagement processes and client satisfaction. For more information, visit the official website at https://www.casestatus.com/artificial-intelligence. Law firms might shy away from adopting this tool if they still think legal work is rote work with a high level of nuance. However, in reality, AI summaries act like a fact-checking buddy for seasoned lawyers. They automatically distill conversations into coherent threads, highlighting critical points that might otherwise slip through the cracks. Sentiment ratings are often dismissed as gimmicky, and yet here the tool scores for its seamless integration but everything becomes easier to track. Countless clients, even attorneys, often have communication gaps but it is notable that those gaps interact through the tool by unmasking roadblocks and mood swings -- improving both client and internal engagement. Case Status seems to be on a roll: this AI feature doesn't just read data -- it refines it into readable, actionable summaries that anticipate rather than react. Although the platform advertises time-saving benefits, the real magic lies in how well it recasts mountains of data into readable, actionable summaries. For decision-makers, supposedly nothing is more powerful than reading the tone in room. In reality, tone decodes into actionable steps, but here those steps interact through the tool by unmasking roadblocks and mood swings, creating a seamless interaction where clients are kept in the loop and stakeholders get their resolutions in time.

Dataconomy

Wed, 26 Mar, 2:33 PM UTC

They expect to cut weeks of legal work to minutes - Times of India

Saakar S Yadav is working on what he believes could transform India's overburdened legal system. His startup, Lexlegis.ai, is developing artificial intelligence tools to help judges, tax and legal professionals work more efficiently. "We are first building a world-class language model, which will accelerate research and expedite justice by transforming weeks of work into 30 seconds or less, and then we intend to use AI to cover the entire legal workflow for all stakeholders" says Saakar. India's courts are notoriously backlogged, with about 40 million pending cases. Last year alone, 13.5 million new cases were filed - that's over 60,000 cases every single court working day. About 1.5 million lawyers and millions of paralegal assistants are constantly conducting searches and poring over documents to prepare their cases. AI could dramatically speed up this process. Lexlegis.ai is training its AI models on over 10 million legal documents, equivalent to about 20 billion tokens of data. This includes judicial documents, laws, and other authoritative legal texts, but deliberately excludes potentially unreliable sources like blogs, opinions, and commentaries. "We are training it on super authentic data so that it does not hallucinate," Saakar says, referring to the tendency of some AI systems to generate false information. Lexlegis's journey began long before the current AI boom. Saakar started working on legal databases back in 1998 with his late father, S C Yadav, who had served as the chief commissioner of income tax. They initially focused on researching and building databases of income tax decisions. In 2004, the company expanded to develop what Saakar claims is now the largest database of judgments across all areas of Indian law. Lexlegis also led the Central Data Processing Centre of the National Judicial Reference System (NJRS), the world's largest repository of appeals, a project of the Indian govt. Saakar's latest venture uses this treasure trove of data to give itself a unique advantage in this generative AI era. He is being helped by Vishrut Srivastava, a machine learning expert with a decade of experience in AI-driven applications for global financial institutions, and Praveen Sood, who had a long tenure at Tata Steel where he headed taxation, investor relations, and strategic planning. The company is set to launch its first AI products. An "Ask" model for direct and in-direct tax queries is set to go live later this month, with plans to expand to all areas of Indian law by early 2025. GPU and talent woes But building advanced AI systems is challenging. Access to the necessary computing power - specifically, graphics processing units (GPUs) crucial for training large AI models - is a major hurdle. While some government and private entities have offered assistance, coordinating the fluctuating demand for computing resources remains complex. "When you're training, it's a larger requirement, and then later it comes down," says Saakar. Finding talent has been another obstacle. "We were not able to get even a single person who was trained from scratch (on AI)," Saakar recalls. He and his team had to invest significant time in training their own AI specialists. Despite these challenges, early results are promising. Lexlegis.ai has been testing its system with senior legal professionals, who report saving an average of three to four days of research time. The AI can quickly summarise relevant cases, explain their significance, and even assist in drafting legal documents. Its interface is similar to the ones found on ChatGPT and Copilot. "Has there been a precedent on this? Has there been a judgement on this? Which circular said that? Then the drafting part... There's so much back-and-forth that happens. I think all of that is going to become much faster," Saakar says. Global tech giants and well-funded startups like Harvey.ai are also developing AI tools for the legal sector. Lexlegis.ai will need to prove that its deep understanding of the Indian legal landscape and its proprietary data give it a decisive edge. If successful, the company could help usher in a new era of techenabled legal practice in the world's largest democracy.

The Times of India

Sat, 17 Aug, 4:00 PM UTC

How Explainable AI can speed up court cases, and cut out legal jargon

For years understanding legal jargon, has been elusive to the common man, requiring deep research and time. But with the intervention of artificial intelligence (AI), the legal sector can soon see a transformation. To be specific, the use of Explainable AI, which explains your queries along with the source of these explanations, can bridge the gap between legal authorities and the common man. Saakar S Yadav, founder of Lexlegis.AI, a legal technology startup, explains how his company aims to empower legal research through Explainable AI. On Thursday, during the launch of 'ASK', which is Lexlegis.ai's first Explainable AI querying model, he spoke about how this LLM (large language model) is trained on data catering to the legal sector . Decoding Lexlegis.ai's 'ASK' model S0o, what is the 'ASK' model and how does this work? 'ASK' can be defined as an end-to-end chatbot that provides answers to queries related to direct tax in India. Currently, 'ASK' just deals with direct tax and aims to include corporate laws and criminal laws, among others by the year 2025. The company further aims to bring options for drafting legal documents and interact with legal authorities/experts online. How is 'ASK' different from other chatbots such as OpenAI's ChatGPT. In response to this Yadav explains that while ChatGPT deals with a vast amount of data, most of this data is sourced from random sources like documents, web contents and social media, among others. On the other hand 'ASK' specially deals with legal content. This includes law firms, government departments, professionals and individuals, corporate legal departments, courts and tribunals, small, medium and micro enterprises. Most of the 'sources' of the 'ASK' model's answers/repositories are based on documents provided by the Supreme Court. "Lexlegis.ai is designed to empower judiciary and legal professionals with AI-driven tools to simplify and sharpen research," Yadav said. Also the 'ASK' model aims to bring more regional languages other than English and Hindi. Moreover with 'ASK' you can get concise answers to your legal queries quickly. The founder also claims that the AI model is free of AI hallucination. Notably, AI hallucination is a glitch that can provide you with wrong or irrelevant information to your queries. Explainable AI in the legal sector According to recent data by the Supreme Court, there are about 44.9 million cases pending in India. Most of these cases stay pending due to the lack of faster research. With Explainable AI legal researchers can speed up the process. Explainable AI helps to characterise model accuracy, bring transparency and fair outcomes in AI-powered legal decision making. In addition to this, in case you have any form of doubt on its solutions you can get the source of the platform from which the answers are sourced. This not only makes the answers ethical but also trustable. Understanding law and legal issues is complicated as it is associated with different laws that need to be constantly updated with time. By using Explainable AI the whole process can be sped up and made easy. The future of AI in the legal sector With quick developments around AI and AI-startups starting to bloom in the legal sector, it looks like we might see Explainable AI bring better transparency between the legal authorities and the common man. Yadav explains that when he initially ventured into this task of building AI specifically catering to legal data, he was surprised that there was a lot of competition in this field. He gave examples of 'Harvey' which is also an AI-chatbot dealing in the legal sector. Harvey is backed by big names like OpenAI and Sequoia, among others. Furthermore, he concluded "I believe in the future we can expect many law boutiques and AI models created just for dealing with legal issues. It's not far where we can get unbiased and transparent judgements of cases within minutes, which traditionally takes years."

The Financial Express

Fri, 23 Aug, 10:03 AM UTC

Lexlegis.ai Launches Legal AI Platform to Empower Tax and Legal professionals

Transforming Legal Research with AI-Driven Solutions AI-powered legal research assistant reduces weeks of research to secondsPowered by a state-of-the-art LLM trained on in-house legal dataset with over 10 million documentsNow live with Ask - an AI paralegal assistant providing instant answers to legal researchSoon launching Interact - AI-powered document analysis, and Draft - AI-driven legal drafting assistantDesigned to eliminate hallucinations in AI responses by limiting to a trained modelEnsures transparency and clarity in AI's reasoning, including opposing views with Explainable AI (XAI)Plans to launch AI solutions globally by mid-2025 Lexlegis.ai, a pioneering legal tech solutions enterprise, today announced the launch of India's first large language model (LLM) specifically designed for the legal-tech sector. This groundbreaking AI tool is set to revolutionize legal research by delivering unprecedented accuracy and reliability. The platform assists legal practitioners by providing issue-specific judgments and precise citations, significantly reducing the manual effort involved in compiling extensive case documents for Indian courts. With India's judicial system currently grappling with over 44.9 million pending cases, Lexlegis.ai offers a transformative solution. The platform leverages advanced algorithms to accelerate legal research, transforming weeks of work into mere seconds. Built on a vast repository of cases across diverse legal domains, Lexlegis.ai empowers advocates, lawyers, and legal teams to navigate the complexities of the legal landscape more efficiently. The AI's capabilities extend beyond research; it can scan and analyze legal documents, identify relevant information, and flag inconsistencies, drastically reducing the time spent on manual reviews. Lexlegis.ai is a versatile tool designed for use by law firms, government departments, corporate legal teams, SMEs, and independent legal professionals. Technology as a Solution to India's Legal Crisis The overwhelming backlog of cases in India's courts has rendered traditional legal research methods insufficient. Lexlegis.ai's 'Ask' feature, a core component of the platform, delivers precise legal answers in seconds, drastically cutting down research time. This AI-powered tool is poised to enhance the efficiency of advocates, freeing up time for more critical tasks and addressing the inefficiencies that plague the legal system. Speaking on the launch, Saakar S. Yadav, Founder and CEO of Lexlegis.ai, remarked, "India's legal backlog exceeds 44.9 million cases, underscoring the urgent need for innovative solutions to tackle this crisis. Lexlegis.ai is designed to empower judiciary and legal professionals with AI-driven tools that simplify and sharpen research. Our forthcoming features, Interact and Draft, will further streamline legal processes, enabling professionals to save time and improve accuracy. We intend to introduce more workflows and processes to practice management platform not only in India but even in other countries in near future." Endorsement of AI Integration in Legal Processes Highlighting the critical role of AI in the legal sector, Suhail Nathani, Managing Partner, Economic Laws Practice (ELP), stated, "Lexlegis has set the ball rolling by delivering a high-quality AI tool in a complex and enormous area of information. They are a pioneer in what is undoubtedly the future of the knowledge industry. ELP is proud to be part of this trail blazing journey with them." About Lexlegis.ai Lexlegis.ai is a cutting-edge legal technology startup based in India, dedicated to transforming the legal landscape through AI-driven solutions. Co-founded by the late Shri S. C. Yadav, a retired Chief Commissioner of Income-tax, and his son, Mr. Saakar S. Yadav, Lexlegis.ai aims to expedite legal research and enhance access to justice. Leveraging a Large Language Model (LLM) trained on over 10 million Indian legal documents, Lexlegis.ai delivers concise, accurate, and meaningful answers to legal queries in seconds, complete with supporting sources and citations. Lexlegis.ai has a seasoned leadership team, including CEO Mr. Saakar S. Yadav, CTO Mr. Vishrut Shrivastava, and COO Mr. Praveen Sood, Lexlegis.ai is at the forefront of legal innovation, driving efficiency and accuracy in legal processes across India.

CXOToday.com

Sun, 25 Aug, 10:01 AM UTC

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