Our view: Top Legal AI Tools on the Market
The legal industry is increasingly embracing artificial intelligence (AI) to streamline processes, increase productivity, and reduce costs. AI tools are now being used to automate legal work such as contract review, document analysis, legal research, and drafting claims. As the founders of one of the top legal AI tools, we have unique insights that let us compile a list of some of our favorites. Here are some of the top legal AI tools currently on the market.
Paxton
Paxton AI is a cutting-edge AI platform designed specifically for lawyers. It integrates vast legal databases, covering federal and state case law libraries, regulatory guidance documents, and more. The platform also allows custom uploads of firm research and precedents. Paxton AI uses advanced AI algorithms to review documents for regulatory compliance, monitor live feeds for relevant regulatory changes, and even summarize complex topics into legal briefs and training guides. For drafting tasks, Paxton AI generates memos, briefs, and client communications using customized templates. Citations are automatically formatted in Bluebook style, ensuring accuracy and saving additional time. Paxton AI is designed to save up to 20 hours a week of manual research and drafting per lawyer, dramatically improving the efficiency and productivity of legal teams.
EvenUp
EvenUp uses AI to turn medical documents and case files into AI-driven demand packages for injury lawyers. EvenUp's team of injury experts use AI to craft demand packages, freeing up time for case managers and attorneys to focus on case strategy. EvenUp's software leverages 250K+ public verdicts and private settlements to improve the accuracy of their analysis. EvenUp is also committed to top-tier security standards, encrypting all data at rest and maintaining comprehensive access logs.
CS Disco
CS Disco is an AI legal assistant tool that helps legal teams streamline their workflow through its cloud-based tools. It focuses on automating legal processes, making it a great tool for businesses of all sizes.
Kira Systems
Kira Systems is an AI tool that helps with contract analysis and due diligence. It uses machine learning to identify, extract, and analyze the information in contracts and other legal documents. Kira Systems can help lawyers to review contracts more quickly and accurately, and it can also help to identify potential risks and issues.
Everlaw
Everlaw is a cloud-based litigation platform that uses AI to help legal teams with case management. It provides features for document review, investigation, case chronology, and more. Its predictive coding feature uses machine learning to predict how documents should be classified, helping to speed up the document review process.
Centari
Centari is the generative AI platform for transactional law, combining secure legal AI with trusted precedent to accelerate transactions. Centari's flagship product is an AI-powered precedent search tool that enables attorneys to surface relevant forms, clauses, and deal history in real time while drafting agreements. The company is developing additional products for AI-augmented contract negotiation.
Deasie
Deasie is a startup that creates tools to give businesses more control over text-generating AI models. The Deasie platform ensures only safe, high-quality and relevant data is fed into language models. Deasie’s platform connects to a company’s data sources, chunks all data such as documents, reports or Slack messages, into smaller sections based on semantic meaning, and tags the contents and sensitivity of each piece of data. It lets users easily spin up a GenAI application, like a chatbot, and, using the library of tags or metadata. It ensures the data being used by the language model is first filtered for relevance, quality and safety.
Conclusion
The advent of AI tools is not merely a fleeting trend but a substantial stride towards revolutionizing the legal industry. By alleviating the burden of time-consuming tasks and elevating accuracy, these tools are liberating legal practitioners to channel their focus on higher-value tasks. The trajectory of legal practice is undeniably being reshaped, with AI tools at the helm, steering the legal sector towards an era of unprecedented efficiency and precision.
