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Paxton AI Releases Benchmarking Data Showing 94% Accuracy Of Its Legal Research Tool; Also Releases New ‘Confidence Indicator’ Feature

LawSites

With hallucinations continuing to haunt applications of generative AI in the legal field, Paxton AI, a startup for contract review, document drafting and legal research, today released results of a benchmarking study that showed its product achieved 93.82% average accuracy on legal research tasks.

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LegalOn Expands from Contract Review to Drafting with Addition of 100+ Lawyer-Drafted Contract Templates

LawSites

LegalOn , a company that was already one of Japan’s largest providers of AI contract review technology when it launched into the U.S. Even for companies that already have their own collections of contract templates, LegalOn’s templates address nuances that their own may not, Lewis said. ” . ”

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Cheetah for Corporate Counsel Now Allows Access to Lawgood For Contract Drafting

LawSites

Subscribers to Cheetah for Corporate Counsel, a legal research platform from Wolters Kluwer Legal & Regulatory U.S. , now have direct access to Lawgood , a practice tool for drafting contracts and clauses using market standards. Use a slider to adjust the favorability of clause language.

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As It Continues to Expand Beyond Legal Research, Bloomberg Law Acquires Legal Project Management Platform Dashboard Legal

LawSites

Furthering its expansion beyond legal research and into other products aligned with legal professionals’ day-to-day workflows, Bloomberg Law has acquired Dashboard Legal , a project management and collaboration platform specifically designed for the legal market. ”

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Casetext Launches Co-Counsel, Its OpenAI-Based ‘Legal Assistant’ To Help Lawyers Search Data, Review Documents, Draft Memos, Analyze Contracts and More

LawSites

After all, this is the company that had already launched the powerful neural net search technology AllSearch and that had pioneered products such as Compose , to help lawyers draft litigation briefs, and, in 2016 , CARA, the first product to use AI to analyze briefs. Contract policy compliance. Extract data from contracts.

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New AI Features In Practical Law Enable Users To Ask Legal Questions And Find Relevant Contract Clauses

LawSites

In November, when Thomson Reuters announced the integration of generative AI within its flagship legal research platform Westlaw Precision, it also announced the beta version of a generative AI integration within Practical Law. “Clause Finder really is an exciting first step in executing against that drafting vision.”

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How Law Firms Are Using AI: Quick Case Summaries and More

CARET Legal

By streamlining complex processes and enhancing accuracy, AI is not only optimizing how legal professionals work but also redefining outcomes. Artificial Intelligence (AI) is revolutionizing the legal world, transforming key practices including case reviews, legal research, contract analysis, and predictive analytics.