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What if genAI’s main value to lawyers was in supporting legal training? That’s a view held by Codex, the legal technology group within Stanford Law School, which along with ALSP the Flatiron Law Group, have launched a genAI-driven M&A negotiation simulator to provide commercial legal training.
Before we jump into the product, you can learn more about Codex’s approach to tapping LLMs to help with legal training here – when Artificial Lawyer spoke to Dr. Megan Ma, Associate Director at CodeX ahead of this June’s Legal Innovators California conference. In the video we talk more broadly about how AI can help support legal education.
In fact, as Codex states in its announcement – made on Hugging Face’s site – they explain: ‘One of the complexities of the legal industry is that much of the work and value-add is implicit. It is measured by experience and the specific know-how of the client and industry-base. We argue that the greatest value-add for legal practitioners is not captured in the explicit knowledge (e.g. case law, contracts, legislation and regulation, etc.).
‘Rather, it is the latent methodology behind information synthesis, issue-spotting, judgment and eloquence of argumentation that makes the quality of legal work highly diverse and varied.
‘Accordingly, how legal professionals describe the nuances of their practice, capture and abstract their lessons from experience (i.e. wisdom) distinguish and set apart the next generation of legal experts. Our motivation is to elevate the starting skills of all lawyers, equipping future and current practitioners with tools that will continuously harness and perfect their craft.’
So, that’s the background. Here is the product.
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Stanford’s Codex + Flatiron Launch GenAI M&A Training Simulator
