Legartis AI
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A Legartis AI is an AI Legal Assistant designed to automate the review, classification, and extraction of data from legal documents.
- Context:
- Website: https://www.legartis.ai
- It was developed by Legartis LegalTech Company.
- It can (typically) accelerate the contract review process by up to 80%, significantly reducing the time legal teams spend on routine tasks.
- It can (often) integrate seamlessly with existing tools like Microsoft Word, allowing users to analyze contracts directly within familiar environments.
- It can extract and standardize data from various types of contracts, including NDAs, DPAs, and construction contracts, ensuring compliance with company standards and reducing risks.
- It can provide a traffic light system to quickly identify problematic clauses and suggest corrections, making it accessible even to non-lawyers.
- ...
- Example(s):
- Counter-Example(s):
- See: LegalTech, Document Management System, Compliance Software, Virtual Legal Assistant, AI-Supported Contract Review, Contract Management System.
References
2024a
- (Legartis, 2024) ⇒ https://www.legartis.ai/ai-contract-review
- QUOTE: Legartis uses the latest AI technology of Large Language Models (known by ChatGPT). You benefit from a high level of automation in the contract review process.
2024b
- (ChatGPT-OpenAI, 2024) ⇒ Prompt: Summarize the concept Legartis AI in 1- 2 paragraphs. ChatGPT (model:gpt-4o). Retrieved: 2024-06-24.
- QUOTE: Legartis AI leverages artificial intelligence to streamline and enhance the process of legal document review and management. By utilizing advanced natural language processing (NLP) and machine learning algorithms, Legartis AI can quickly and accurately analyze extensive legal texts, identifying key clauses, potential risks, and compliance issues. This technology significantly reduces the time and effort traditionally required for manual document review, allowing legal professionals to focus on more strategic tasks and improving overall efficiency.
The application of Legartis AI extends beyond mere document analysis; it provides actionable insights and recommendations, ensuring that legal documents adhere to specific regulations and organizational standards. This not only mitigates the risk of human error but also aids in maintaining compliance across various jurisdictions. As a result, Legartis AI represents a transformative tool in the legal industry, promoting greater accuracy, consistency, and productivity in the review and management of legal documents.
- QUOTE: Legartis AI leverages artificial intelligence to streamline and enhance the process of legal document review and management. By utilizing advanced natural language processing (NLP) and machine learning algorithms, Legartis AI can quickly and accurately analyze extensive legal texts, identifying key clauses, potential risks, and compliance issues. This technology significantly reduces the time and effort traditionally required for manual document review, allowing legal professionals to focus on more strategic tasks and improving overall efficiency.
2024c
- (Schnetzer, 2024) ⇒ Nicole Schnetzer (2024) "Legartis and Implenia Enter AI Partnership". In: Legartis AI Blog.
- QUOTE: Legartis is a multi-award-winning Legal AI solution for automating contract review and automated data extraction from thousands of contracts. Legal departments, sales organizations, and procurement teams use the artificial intelligence of Legartis to thoroughly analyze incoming contracts. Ready for use from day one, Legartis ensures efficient collaboration among all parties involved and the consistent adherence to company policies.