TermScout’s Post

We’re thrilled to share that as of today, Lexion’s GenAI-powered AI Contract Assist is now available to everyone, allowing you to accelerate contract review by up to 80%—even if you aren’t already a Lexion customer. Better still, it’s yours free for 14 days when you sign up at the link below—no credit card, sales demo, or training required to get started. With AI Contract Assist inside Microsoft Word, you can: 🔎 Review agreements in a fraction of the time with pre-built, industry-standard playbooks for common contract types and positions—or create your own custom playbooks in minutes. 🖊️ Turn drafts faster with redline recommendations based on your plain language prompts. Tell Lexion what you’d like and let AI do the rest. 🪄 Create new contract language from scratch simply by describing the clause you want. Never have to start from a blank page again. 🔮 Get quick answers to questions about your contracts—anything from “summarize our obligations under this contract” to “does this contract have termination for convenience?”—and much, much more. Visit the link below for more information and to claim your 14-day free trial today. https://lnkd.in/g_R5nDGM #contractreview #redlining #inhousecounsel #legaloperations #legaltech

🖥 Can AI Make Legal Knowledge More Accessible? In law firms, legal knowledge is hidden within the hundreds of PDFs shelved and hard to find in Sharepoint or OneDrive. Not only does this make it hard for lawyers to find and access information, but it also means it takes longer for clients to get answers to their questions. The result? Non-billable hours for your law firm, and a less-than-ideal service for your clients. Could Legal AI help? Join our webinar next week with Maximilian Paterson to learn: ✨ Why making legal knowledge more accessible is good for your practice area ✨ How you can benefit from AI in a controlled way, without associated risk ✨ Why AI can help you improve client service ✨ How AI can help you win more client work ✨ How you can easily turn legal expertise into a client-facing interactive tool 🗓️ Date: July 25, 2024 ⏰ Time: 12 PM EST / 5 PM BST 🌍 Location: Online Sign up here 👉 https://lnkd.in/erSZbd-Q #legaltech #legalautomation #legalai

Discover Microsoft 365 Copilot’s Aritificial Intelligence (AI) Power For Legal Firms And Organisations     • Enrich customer service  Copilot provides fast and accurate information, from responding to questions to offering legal solutions, bringing forth a streamlined and consistent customer experience.    • Assist decision-making  Copilot provides information and analytics to support decision-making, from risk assessment to litigation strategic planning.    • Communicate and cooperate   Copilot enhances the organisation’s capacity to communicate and cooperate through deep integration of applications such as Teams, Word, Outlook, PowerPoint, Excel, …    • Optimize workflow  Copilot automates workflows, from email management to creating and editing files, allowing legal firms to save time and improve efficiency.    • Data analysis support  Copilot has the capability to analyse immense volumes of data from legal cases, and output detailed information, enabling more accurate decisions.    • Create and manage records  Copilot assists in create and managing legal records such as contracts, agreements and other legal notes, ensuring constant updates as well as compliance with prevailing regulations.    A recent survey of Law firms has shown Microsoft 365 Copilot already being utilized to manage and process legal documents, resulting in 30% less labor time and 40% higher efficiency.    Experience for yourself all of Microsoft 365 Copilot’s extraordinary features at the Law-oriented webinar “Revolution AI Law Firm: Empowering Legal Workflows”, co-organized by Noventiq Vietnam and our partner Microsoft.    • Wednesday, June 26, 2024 | 09:30 - 11:30     The event will be simultaneously broadcasted on Microsoft Teams as well as Noventiq Vietnam’s Facebook Fanpage and Youtube Channel.    >>> Register now: https://lnkd.in/gFpHvwma     Don’t miss this opportunity to learn from our leading experts, and be updated on innovative legal technological solutions. Register today to receive useful information and special offers exclusive to participants! 

📢 Attention Legal Professionals! 📢 Are you tired of spending countless hours poring over contracts, trying to spot every nuance and detail? Look no further! I’ve found five exceptional contract drafting and review AI tools that can revolutionize your practice. 1. Spellbook: Unlock the Magic of Efficient Contract Drafting. Spellbook is your trusty spellcaster for legal documents. Here’s why it’s a must-have: 👉 Draft Contracts 10x Faster: Spellbook accelerates contract creation with AI-powered assistance. Say goodbye to manual drudgery! 👉In-Document Suggestions: Spellbook integrates seamlessly with Microsoft Word, offering real-time term suggestions as you type. 2. Robin AI: Your Legal Sidekick Robin AI is more than just a bird. It’s your contract companion: 👉Automated Review: Robin AI scans contracts, identifies key terms, and highlights potential issues. 👉Collaboration Made Easy: Work seamlessly with colleagues, ensuring consistent language across documents. Demo Time: Curious? Request a demo to see Robin AI in action. 3. LexCheck: The Sherlock Holmes of Contracts LexCheck dons the detective hat to uncover hidden gems: 👉Google Data Crawling: LexCheck scours databases for the latest legal information. 👉Insights at Your Fingertips: AI algorithms provide context-rich insights. Demo It: Don’t miss out—request a demo and unlock its investigative prowess. 4. Kira Systems: The Clause Whisperer Kira whispers precision into your contracts: 👉Smart Clause Library: Context-aware suggestions for crafting precise clauses. 👉Collaborate Seamlessly: Work with colleagues to fine-tune your agreements. See It Live: Schedule a demo and witness Kira’s magic. 5. Henchman: Your Contract Enforcer Henchman doesn’t mess around: 👉Analyze & Generate: Henchman dissects existing contracts and generates legally sound clauses. Demo, Anyone?: Book a demo to explore its capabilities. Remember, always request a demo before committing to any legal tech tool. Don’t miss the opportunity to streamline your legal work and elevate your practice! 🎯💼 #NB: If you have used any of these tools, please share your experience or recommend other effective tools #LegalTech #ContractDrafting #AIInLaw #DemoFirst

At Mr Nice Weird 🫠, we are always testing new and exciting tech, applying it to different use cases - it's a benefit of a neurodiverse team. Now on our 6th custom GPT with everything from "Mrs AIMS" a podcast marketing field guide, process support and content generation - infused with SEO best practices to "Master of Disaster" which simply helps aggregate ideation and execution steps - a task some neurodiverse can find difficult. That’s why we are excited to introduce Heather AI Esq., our new AI-powered assistant focused on legal document management & standardization... what clauses go in, what clauses went out, can we cross-reference with latest approved template... NO THANK YOU. Naturally we cloned our favorite former marketing attorney into a mean, lean, agreement standardization, feedback and risk assessment AI Machine. 🤖 About Heather AI Esq.: Heather AI Esq. is a state-of-the-art AI tool designed to support our team in drafting, reviewing, and analyzing legal documents. Specializing in contracts, agreements, and risk assessments, Heather AI Esq. represents a significant step forward in our capability to handle complex legal matters with enhanced efficiency and precision. 🌐 Role and Responsibilities: - Assistance in drafting and reviewing agreements and contracts. - Providing insights on compensation structures. - Conducting risk assessments with a focus on our business interests. 🔔 Disclaimer: Heather AI Esq. is a supplementary tool and does not replace the need for professional legal advice. It’s our commitment to leveraging technology for better business practices. No machine could ever replace the real thing, Heather Randall. We're excited about the possibilities this brings to Mr Nice Weird LLC and our clients. Follow us for more tips on what to do when your rain won't shut off... and insights from Heather AI Esq.! #MrNiceWeird #LegalInnovation #AIinLaw #BusinessGrowth #TechForward #HeatherAI

🖥️Revolutionizing Legal Work with #keywordseverywhere for Lawyers⚖️ I recently discovered an amazing tool that's changing the game for lawyers: prompt generator specifically designed for legal work! Here's what you need to know: 🛠️ Tool: Keywords Everywhere browser add-on 🔑 Access: Install the add-on and log into your OpenAI Account Key Features: 📚 Case Law Generator: Get relevant cases for your legal issue ⚠️ Risk and Liabilities Generator: Assess potential risks for clients 🔍 Legal Research Helper: Access best practices in your jurisdiction 📜 Legal Precedence: Find precedents for specific topics 📄 Document Analyst: Get feedback on your legal documents 🤝 Settlement Agreement Drafter: Create agreements effortlessly 🎀 The best part? No more headaches typing complex prompts! 🕹 Keywords Everywhere provides a simple form for each template. 🎉Just fill in the required information, and it generates the perfect prompt for you. It's that easy! These prompts are incredibly time-saving and can significantly boost your productivity. ➡ Have you tried using AI tools in your legal practice? Share your experiences in the comments!➡ #LegalTech #AIforLawyers #ProductivityHacks #LegalInnovation #Llegaltechnology

Building a bespoke 'AI' solution? Still scared to start the convo? Mired in rudderless meetings and no closer to achieving your dream use-case? Wherever you are on that journey, here's how to navigate an uncertain legal landscape and steer toward any solution that coupling your data with AI can accomplish. My (fictional) consulting firm sought ideas across the business, inventoried data and settled on a risk framework. Armed with context, it drove toward a low-risk, near-term initial foray: discerning which RFPs merit responses and generating first drafts from a model tuned with language and stats from prior wins and losses. Now, its teams polish proposals piped straight into Canva and Powerpoint. More: https://lnkd.in/gVhpjSJR

LegalGraph AI: Jan’24 End Update At LegalGraph, we're committed to continuous innovation. With aim to streamline legal operations and enhance precision in contract analysis through our AI-powered solution. As we wrap up the last week of January 2024, we're excited to share some notable updates and enhancements to our platform with our valued followers and readers on LinkedIn. New Features and UI Enhancements 1. Toggle for Chain of Thought in Settings Previously, all results were generated with the Chain of Thought feature active by default. Now, users have the flexibility to enable or disable this feature from their account settings. Disabling the Chain of Thought helps conserve tokens used for the analysis of contracts. 2. Sort Contracts by Date Added We've introduced the ability for users to sort contracts in the repository by the date they were added. This enhancement allows users to quickly access and review the most recently added contracts at the top of their list. 3. Upload Contracts in .Docx Format LegalGraph now supports the analysis of contracts in .docx format in addition to PDF files. Users can seamlessly upload their contracts for analysis, expanding the range of compatible file formats. 4. Expanded Key Legal Terms for MSA Review In response to user feedback and evolving legal needs, we've added 25 more key legal terms specifically tailored for the analysis of MSA contracts. With a total of 36 default key legal terms available, users can now delve deeper into MSA contract analysis. Bug Fixes 1. Duplicate Key Terms Issue Resolved We've addressed an issue where users were able to add duplicate key terms. With this fix, LegalGraph now prevents the addition of duplicate key terms. 2. Enhanced Search Functionality in the Repository Previously, the search function in the repository page only worked for the first word of the contract name. We've fixed this functionality to enable search across all words in contract names. We're thrilled to roll out these updates and improvements to LegalGraph, furthering our commitment to legal innovation. Thank you to our dedicated followers and readers for your continued support and feedback. We invite you to experience the benefits of LegalGraph firsthand by visiting our website www.LegalGraph.ai. Please share your thoughts, feedback, questions, and suggestions in the comments below.  Stay tuned for more updates and enhancements from LegalGraph!

🚀 Announcing LexIQ's Waitlist! 🚀 We are thrilled to announce that the waitlist for LexIQ is now open! LexIQ is a genAI-powered Microsoft 365 Word plugin designed to assist resource-constrained in-house lawyers in drafting and analyzing contracts faster and more efficiently. LexIQ is designed to be the perfect middle market solution, bridging the gap between high-end, expensive legal tech solutions and basic, "one-size-fits-all" tools. We offer bespoke customization at a competitive price point, making top-tier legal technology accessible to in-house teams of all sizes. Our Unique Value Proposition: 🌟 Fully Customizable Word Plug-in: Unlike our competitors, LexIQ offers unparalleled customization options on top of our core functionality, allowing you to tailor the tool to your specific needs. Whether it's building AI agents, using an LLM of your choice (BYOL), integrating with non-standard sources of your data (e.g., Google Drive, iManage), customizing the user interface, or building features tailored for your specific contracts and legal practice areas, LexIQ has you covered. 👉 Join the waitlist at lexiq.io! Read about our official waitlist announcement from Robert Ambrogi below:

LawToolBox AI: Elevating Legal Efficiency in Microsoft 365 #AI #AIpoweredfeatures #artificialintelligence #automateddeadlineextraction #AzureOpenAIService #clientcentric #deadlineextraction #Documentsummarization #enterprisegradesecurity #LawToolBox #legalprofessionals #legaltechnology #llm #machinelearning #Microsoft365 #MicrosoftTeams #naturallanguagecapabilities #outlook #rulesbasedcalendaring #Software