5 Best Legal AI Tools for Legal Professionals (2024 List)
5 Best Legal AI Tools for Legal Professionals (2024 List)
AI-driven legal tech tools are set to reach a value of up to $37 billion this year.
Law firms use artificial intelligence to automate the preparation of discovery requests and discovery responses, as well as simplified management.
In this article, we’ll see how AI tools integrate with existing workflows and how they influence the future of legal work.
What Are Legal AI Tools?
Legal AI tools are becoming valuable in legal practices. They help legal professionals in many routine tasks that consume a lot of time and effort–from assisting law firms with potential new clients to fully revising requests for admission and production.
These tools increase the accuracy and efficiency of legal tasks, which allows lawyers to concentrate on strategy and client engagement.
With a much broader focus on automation, legal AI-powered tools are transforming legal practice and are here to stay.
What Is the Driving Force Behind Legal AI Adoption?
Traditionally slow to adopt new practices, the legal profession is now acknowledging the significant rise of AI tools in automating document preparation and discovery review.
Legal professionals adopt legal AI tools, which help reduce the chances of human error and time wasted on manual data entry.
However, the benefits of AI in legal settings extend beyond speed. Accuracy is a critical component, and with machine learning algorithms, these tools continuously improve with use.
They learn from each interaction with extensive legal documents, enhancing their performance going forward.
Top 5 Legal AI Tools in the Industry (2024)
The legal field is getting a tech makeover, and AI tools are leading the charge. Let’s look at the top 5 legal AI tools on the market, which are preferred choices by many.
1. Briefpoint
Briefpoint is a generative AI tool that specializes in automating the preparation of discovery requests and response documents, speeding up the response drafting process for various legal documents.
It uses AI to extract key information from documents and assists in creating accurate discovery requests and discovery responses. Briefpoint is designed to simplify this process to save hours of manual work.
Briefpoint drafts responses by taking your opposing counsels’ discovery requests and turning them into responses to:
- Requests for Admission
- Requests for Production
- Interrogatories
Plus, Briefpoint has a built-in feature called Bridge, which makes the process of collecting client responses much easier.
Bridge allows you to select interrogatories that need your client’s responses, translate them into easy-to-understand language, and send them to your client.
Once your client finishes their responses, Bridge will let you insert them straight into your draft.
Test Briefpoint yourself by scheduling a demo.
2. Clio
Clio is a comprehensive case management system that is designed to do efficient law practice management. It is highly regarded among legal professionals for its user-friendly interface and powerful features.
Source: Clio.com
Apart from having a centralized dashboard that offers a complete overview of all case information and document management and automation that enables legal professionals to send documents for electronic signature directly.
It can also do comprehensive case management and has the capability to integrate a wide range of external websites and services.
This system not only saves time but also enhances the accuracy and efficiency of legal workflows and is a valuable asset for any law practice.
It is a cloud-based solution, making it accessible from anywhere, and is designed to cater to the needs of solo practitioners, small firms, and larger law practices alike.
3. PatentPal
PatentPal is a generative AI platform that significantly streamlines the patent application process.
It is specifically designed to help with Intellectual Property (IP) applications by automating the mechanical writing required in patent applications.
Source: PatentPal
Inventors and legal professionals can easily input their claims into PatentPal, which then generates detailed specifications, illustrative diagrams, and preliminary drafts.
The platform utilizes a knowledge graph extracted from a set of claims, applying a transformer technology similar to GPT-3, which allows for creating accurate and reliable content required in patent applications.
4. Spellbook AI
Spellbook AI is a legal software designed to enhance the drafting process and reviewing contracts for corporate and commercial lawyers.
Source: Spellbook
It has the capabilities of GPT-4, an AI model developed by OpenAI. It represents a significant advancement in legal technology, providing a powerful tool for lawyers to improve accuracy, efficiency, and speed in contract-related tasks.
Launched in 2022 as the first generative AI copilot for lawyers, Spellbook significantly speeds up the drafting and review process, providing suggestions and automations that align with legal standards and specific needs of each document.
This AI tool is integrated directly with Microsoft Word, making it an addition to the workflow of nearly 2000 law firms and in-house legal teams that utilize its efficiency and precision in handling legal documents.
5. Casetext
Casetext is recognized for its comprehensive suite of AI-driven legal services, notably its CoCounsel AI legal assistant, which accelerates tasks like document review and legal research memos.
Source: Casetext
Launched in 2013, it garnered the trust of over 10,000 law firms thanks to its ability to enhance legal research and document drafting through AI.
Casetext’s CARA (Case Analysis Research Assistant) uses AI to assist in brief review and informs search results, while CoCounsel, developed with OpenAI technology, aims to help legal professionals accomplish more in less time, such as sifting through vast amounts of discovery documents overnight.
How to Choose the Best Legal AI Tools For Your Business
Picking the best legal AI tool for your practice doesn’t have to be overwhelming. Here are some key tips to help you find the one that fits just right:
Pinpoint Your Practice’s Pain Points
The first step to finding the right AI tool is understanding where it can make the biggest impact. Take a look at the tasks that tend to take up a lot of time in your practice. Is document drafting slowing you down?
If so, a tool like Briefpoint can simplify this process and save hours on preparing responses and briefs. Or, if you’re juggling client files and deadlines, a broader case management solution like Clio might be what you need. Knowing your specific needs will help narrow down the tools that are truly worth considering.
Match Features with Your Needs
Once you’ve identified your needs, it’s time to match them with the features offered by different AI tools.
Some platforms are specialized for tasks like contract review, while others excel in managing discovery documents. Consider the tools’ capabilities in terms of features and see if they integrate smoothly with your existing setup, like Microsoft Word or Clio.
This will help make sure the new tool fits into your current workflow without causing disruptions.
Look for User-Friendly Design
Adopting a new tool shouldn’t be a struggle, so focus on finding one with an intuitive, user-friendly design.
Tools like Briefpoint and Clio are well-regarded for their simple interfaces, which help reduce onboarding time and make adoption smoother for everyone on your team.
A user-friendly platform is essential if you want to get the most out of your new AI tool without a steep learning curve or constant support.
Prioritize Data Security
Data security is non-negotiable in legal work. Legal AI tools need to prioritize protecting client information, especially when sensitive case details are involved.
Look for platforms that meet industry compliance standards like GDPR or HIPAA and offer strong encryption. Making sure these security measures are in place not only protects your clients but also gives you peace of mind, knowing that your data is secure.
Consider Support and Resources
Solid customer support and resources can make a huge difference in your experience with any new tool.
Check whether the provider offers accessible support options, like live chat, email, or phone, and if they have useful resources like training videos, guides, or webinars.
These resources can help your team make the most of the tool and troubleshoot quickly if issues come up.
Try Before You Buy
Lastly, always take advantage of free trials or demos when available. Testing out a tool firsthand is the best way to get a feel for how it fits into your practice and whether it meets your needs.
It also allows you to test the interface, performance, and integration options before making a financial commitment. By trying it out, you’ll know for sure if it’s the right choice for your practice.
How Legal AI Tools Integrate with Existing Legal Workflows
Legal AI tools act as essential assistants for attorneys, enhancing rather than replacing traditional legal processes. Their integration into law firms with AI tools like. Briefpoint unfolds seamlessly.
These systems complement and strengthen existing processes by increasing time savings and reducing costs simultaneously.
For example, in drafting discovery responses, AI can automate the processes, which helps you save time and reduce the chance of human error.
For example, tools like Briefpoint can save up to 87% of the time spent on discovery response documents.
Schedule a demo today and see exactly how Briefpoint works.
Adopting New Tech Can Help Save Thousands
Discovery responses cost firms $23,240, per year, per attorney. $23,240 estimate assumes an associate attorney salary of $150,000 (including benefits – or $83 an hour), 20 cases per year/per associate, 4 discovery sets per case, 30 questions per set, 3.5 hours spent responding to each set, and 1800 hours of billable hours per year.
Under these assumptions, you save $20,477 using Briefpoint, per year, per attorney.
Test Briefpoint yourself by scheduling a demo here.
FAQs About Legal AI Tools
Can AI legal tools assist in reducing human error during the review process of legal documents?
Yes, AI legal tools are particularly adept at minimizing human error. They systematically scan through legal documents during the review process and can flag inconsistencies and errors that might be overlooked by a human reviewer. These tools can handle simple tasks with high accuracy and reduce the margin for error.
Can law firms replace lawyers with AI tools?
While generative AI tools are re-shaping the legal industry, artificial intelligence is supposed to help rather than replace industry professionals.
Can AI legal tools help with contract analysis and management?
Yes, AI legal tools are highly effective in contract analysis and management. They can quickly review and extract key information from contracts, identify potential risks, and even suggest standardized language for consistency. This not only speeds up the contract review process but also helps ensure that critical details aren’t missed, enhancing overall accuracy and efficiency in contract management.
What role does Natural Language Processing (NLP) play in legal AI tools?
NLP is essential in legal AI tools, as it allows these systems to understand and process human language in documents. NLP enables AI tools to interpret contracts, legal memos, and discovery documents accurately, which helps automate time-consuming tasks like document review, contract analysis, and case law research. This capability is particularly valuable in law practices where precise language is critical.
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