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Our friend Damien Riehl stopped by to talk with Marlene Gebauer about two big happenings at vLex. Riehl unveiled exciting advancements in vLex’s AI-powered legal research platform and shed light on vLex’s commitment to streamlining legal workflows and reducing the need for extensive prompt engineering.

One of the major developments is the enhanced document analysis feature. Users can now upload legal documents, such as complaints, and vLex’s AI will automatically extract key information including claims, facts, parties involved, and potential legal defenses. This eliminates the tedious manual process of reviewing and analyzing documents, saving lawyers significant time and effort. Additionally, the platform suggests relevant legal research questions based on the document’s content, further expediting the research process.

vLex’s advancements directly address the growing concerns surrounding prompt engineering in legal tech. By automating key analytical tasks, the platform empowers lawyers to focus on higher-level strategizing and client interactions, rather than spending hours crafting the perfect prompts for AI tools. Riehl echoes the sentiment of OpenAI’s Sam Altman, believing that successful AI integration should render prompt engineering obsolete. He acknowledges that the option to fine-tune prompts remains, similar to Boolean search techniques, but emphasizes that vLex aims to make it a choice rather than a necessity.

The potential impact on the legal industry is substantial. Clients, especially large corporations, can leverage vLex’s capabilities to analyze past legal actions and assess the value provided by their law firms. This transparency could lead to a shift from billable hours to flat-fee arrangements, incentivizing efficiency and cost-effectiveness.

Further amplifying vLex’s potential, the company welcomes Daniel Hoadley, a renowned legal tech expert, to lead their research and development team. Hoadley’s expertise in data science and large language models promises exciting advancements in harnessing the power of vLex’s vast legal document database. With a robust roadmap of projects, vLex’s is poised to continue pushing the boundaries of legal technology and shaping the future of legal practice.

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Twitter: ⁠⁠⁠⁠⁠@gebauerm⁠⁠⁠⁠⁠, or ⁠⁠⁠⁠⁠@glambert
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Email: geekinreviewpodcast@gmail.com
Music: ⁠⁠⁠⁠⁠⁠⁠⁠Jerry David DeCicca⁠⁠⁠⁠

Transcript

Continue Reading Vlex Pushes Legal Tech Boundaries with New Features and Top Talent

This episode of The Geek in Review podcast provides an in-depth look at how the AI assistant Paxton, created by Tanguy Chau and Mike Ulin, is transforming legal work. The hosts speak with the founders of Paxton to explore the pain points their technology aims to solve and how generative AI can enhance lawyers’ capabilities.

Tanguy and Mike discuss their backgrounds in AI, regulatory compliance, venture capital, and management consulting. This diverse experience informed their vision for Paxton as an AI assistant specifically built for legal and compliance professionals. They explain that Paxton is trained on millions of legal documents and regulations, allowing it to search this vast knowledge and retrieve highly relevant information rapidly. A key feature they highlight is Paxton’s accuracy in citing sources, with every sentence linked back to the original text.

One of the key features of Paxton is that it can automate repetitive, low-value legal work to make lawyers more efficient. Tanguy notes that tasks like reviewing thousands of sales contracts clause-by-clause or compiling 50-state surveys that once took weeks can now be done by Paxton in minutes. Mike discusses Paxton’s advanced document comparison capabilities that go beyond keyword matching to understand meaning and intent. This allows quick, substantive analysis of contracts, marketing materials, and more.

Exploring the future, Mike predicts that like software developers, lawyers who embrace AI will become much more productive. But higher-level strategic thinking will remain uniquely human. Tanguy shares an analogy of a human on a bicycle outpacing a condor, the most efficient animal. He believes combining human creativity with AI tools like Paxton will enable radically new levels of efficiency and capability.

Paxton.AI’s Tanguy and Mike make a compelling case that AI-powered tools such as Paxton will fundamentally transform legal work. By automating repetitive tasks, AI will free lawyers to focus on high-value, client-facing work. Overall, this episode provides great insights into how generative AI may soon become indispensable for legal professionals seeking to improve their productivity and capabilities.

As a special treat, we wrap up the interview with a demonstration of Paxton.AI’s capabilities. (YouTube only)

Links:

• ⁠Paxton AI (try the Beta for free)⁠

• ⁠Forbes Article: Unlocking The 10x Lawyer: How Generative AI Can Transform The Legal Landscape⁠

• ⁠Using Generative AI to analyze the 45 page Trump Indictment using Paxton AI⁠

• ⁠Unveiling Paxton AI’s Newest Features: Boolean Composer and Document Compare⁠

• ⁠Instantly Analyzing the Congressional UFO Hearing with Generative AI powered by Paxton AI⁠

Transcript:Continue Reading Paxton.AI’s Tanguy Chau & Michael Ulin: How AI Allows Legal Work to Soar to New Heights (TGIR Ep. 220)

This week we bring in Christian Lang, the CEO and founder of LEGA, a company that provides a secure platform for law firms and legal departments to safely implement and govern the use of large language models (LLMs) like Open AI’s GPT-4, Google’s Bard, and Anthropic’s Claude. Christian talks with us about why he started LEGA, the value LEGA provides to law firms and legal departments, the challenges around security, confidentiality, and other issues as LLMs become more widely used, and how LEGA helps solve those problems.

Christian started LEGA after gaining experience working with law firms through his previous company, Reynen Court. He saw an opportunity to give law firms a way to quickly implement and test LLMs while maintaining control and governance over data and compliance. LEGA provides a sandbox environment for law firms to explore different LLMs and AI tools to find use cases. The platform handles user management, policy enforcement, and auditing to give firms visibility into how the technologies are being used.

Christian believes law firms want to use technologies like LLMs but struggle with how to do so securely and in a compliant way. LEGA allows them to get started right away without a huge investment in time or money. The platform is also flexible enough to work with any model a firm wants to use. As law firms get comfortable, LEGA will allow them to scale successful use cases across the organization.

On the challenges law firms face, Christian points to Shadow IT as people will find ways to use the technologies with or without the firm’s permission. Firms need to provide good options to users or risk losing control and oversight. He also discusses the difficulty in training new lawyers as LLMs make some tasks too easy, the coming market efficiencies in legal services, and the strategic curation of knowledge that will still require human judgment.

Some potential use cases for law firms include live chatbots, document summarization, contract review, legal research, and market intelligence gathering. As models allow for more tailored data inputs, the use cases will expand further. Overall, Christian is excited for how LLMs and AI can transform the legal industry but emphasizes that strong governance and oversight are key to implementing them successfully.

https://open.spotify.com/episode/4c2MXnFuGxZ7XczuvNJP68?si=fT0SYJdLSoOztJIVR–H1w

Listen on mobile platforms:  Apple Podcasts |  Spotify
Contact Us:

Twitter: ⁠⁠⁠⁠@gebauerm⁠⁠⁠⁠, or ⁠⁠⁠⁠@glambert⁠⁠⁠⁠
Voicemail: 713-487-7821
Email: geekinreviewpodcast@gmail.com
Music: ⁠⁠⁠⁠Jerry David DeCicca⁠⁠⁠

⁠⁠Transcript⁠

Continue Reading Christian Lang on Governing the Rise of LLMs: How LEGA Provides a Safe Space for Law Firms to Use AI (TGIR Ep. 206)