Legal Technology reports
Global online legal research provider vLex last week launched a suite of generative AI-backed document analysis tools for litigation and transactional practitioners as in other news, AI startups Patlytics and Lawhive announced seed raises of £3.6 ($4.5m) and £9.6m ($11.9m) respectively.
vLex’s Vincent AI Document Analyze augments lawyers’ responses to contracts, motions, pleadings, and other legal documents, using AI tools built on top of vLex’s global library of legal information. vLex says that Vincent AI can develop legal arguments, summarise documents, and compare law across jurisdictions.
vLex, which was founded was founded in Spain in 2020, in April last year merged with US online legal publisher Fastcase and now trades globally under the vLex brand. In October last year, the combined company launched a suite of large language tools. Explaining to Legal IT Insider how this latest release extends that offering, Fastcase’s founder and now vLex chief strategy officer, Ed Walters, said over email: “This is a major expansion: the big new skill is Analyze a Document. When you upload just about any document, we use a bunch of proprietary AI to find out what it is, tag all the information in it, and proactively suggest workflows depending on what kind of document and what the legal arguments are in it.
“So, for example, if you upload a contract draft, Vincent might suggest drafting a letter to opposing counsel to make extreme terms more neutral. If you upload a final contract, Vincent might suggest making a checklist of post-closing obligations. If you upload a complaint, the kinds of suggestions Vincent offers are extracting the claims, setting out the relevant legal standards, drafting defenses to each claim, assembling a timeline of events, or drafting a questionnaire for the defendant. These aren’t generic – they will be specific to the facts in the case and the causes of action.” vLex is also now available in 10 countries and can search multiple jurisdictions at once, or compare the laws of multiple countries. The Compare Jurisdictions tool can now run a search across all 50 U.S. states at once, or you can compare, for example, California privacy law against the E.U. and UK.
