Legalysis

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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

Website

https://legalysis.co

Release Date

March 2024

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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

Lexlegis AI launches LLM platform to help with legal research, analysis

Legal technology startup Lexlegis AI on Thursday announced the launch of a large language model-based platform that can help make research, analysis and drafting by legal practitioners more efficient by reducing the intensive manual hours that generally go into it. A generative AI querying model called Ask has gone live. Interact, which will help summarise information, and Draft, which will help draft legal documents, are in beta testing and work-in-progress stages, respectively, and will be live this fiscal, according to Lexlegis CEO Saakar Yadav. Yadav said that India's legal backlog, which exceeds 44.9 million cases, underscores the urgent need for innovative solutions to tackle this crisis. "Lexlegis.ai is designed to empower judiciary and legal professionals with AI-driven tools to simplify and sharpen research," Yadav said. The company, which was founded earlier this year, is chalking out a pricing and subscription model and plans to monetise the platform by October this year. Currently, 70 large law firms are making use of the platform while there are about 800 inquiries. The platform caters to law firms, courts and tribunals, government departments, professionals and individuals, SMEs and MSMEs, and corporate legal departments. Querying on direct tax laws is available now, while other categories will be launched in the coming weeks and months. The company aims to make the platform available in an app format for individual professionals by mid-2025, when it plans to integrate multilingual capabilities and also enter the US market. "We are scaling up aggressively," said Yadav. "The legal community uses AI extensively and has a lot of awareness about it. It's about providing them what they need and they can see how our platform is different." Yadav explained that while models like ChatGPT which are trained on content from across the web are prone to hallucinations and hence face a trust deficit, Lexlegis has trained its model on 10 million, authentic Indian legal documents, or 20 billion tokens worth of data. The model answers based on this data only and hallucination is minimised. Further, the model provides references for answers. "I would say it is 80-90% accurate. It will get even more accurate over time," Yadav said, adding the company is not competing with ChatGPT. About $10 million has gone into building the LLM and the database it was trained on, Yadav said. Globally, similar startups such as Harvey and Casetext have been creating AI for use in the legal field. ChatGPT-maker OpenAI and Google Ventures have invested in Harvey, while Casetext has been acquired by Thomson Reuters. Lexlegis has completed its pre series funding and is in discussions for series A, Yadav said. "Later in 2025, we would have to raise more funds for more modules and to expand to more geographies," he added.

Economic Times

Thu, 22 Aug, 12:01 PM UTC

Lexlegis.ai launches India's first AI-driven legal platform with large language model

Lexlegis.ai, a startup focused on legal tech solutions, has launched India's first large language model (LLM) based AI platform specifically designed for the legal-tech sector. This platform assists legal practitioners by providing issue-specific judgements and precise citations, significantly reducing the manual effort of compiling extensive case documents for Indian courts. Saakar. S. Yadav, Founder & CEO, Lexlegis said " India's legal backlog exceeds 44.9 million cases, underscoring the urgent need for innovative solutions to tackle this crisis. Lexlegis is designed to empower judiciary and legal professionals with AI driven tools that simplify and sharpen research". He said that the legal-tech startup intends to introduce more workflows and processes to its practice management platform in the near future, not only in India but also in other countries. SHARE Copy linkEmailFacebookTwitterTelegramLinkedInWhatsAppRedditPublished on August 22, 2024

@businessline

Thu, 22 Aug, 6:09 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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