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

Transforming Legal Research with AI-Driven Solutions

Insight Convey by Insight Convey
August 22, 2024
Lexlegis.ai
  • AI-powered legal research assistant reduces weeks of research to seconds
  • Powered by a state-of-the-art LLM trained on in-house legal dataset with over 10 million documents
  • Now live with Ask – an AI paralegal assistant providing instant answers to legal research
  • Soon launching Interact – AI-powered document analysis, and Draft – AI-driven legal drafting assistant
  • Designed to eliminate hallucinations in AI responses by limiting to a trained model
  • Ensures 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.

Read more:- Scaling Up in 2024: How Startups Can Thrive Amid Economic Shifts

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.”

Read more:- Branding in Education: Shaping Accommodation and Purpose for Quality Living

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.

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Tags: AI IntegrationAI Platformegal professionalsIndia’s Legal CrisisLegal AILegal AI PlatformLexlegis.ai
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