Hey there,
I wanted to share a tool I've created that makes it easier to understand complex legal texts. You can check it out here: https://legal-advisor.io
What are your thoughts on using LLMs (Language Models) in the legal field? Do you think it would be helpful for non-legal individuals in making decisions before signing documents, or do you believe it's better suited for professional lawyers looking to increase their productivity?
There are already ton of tools for research precendents, cases, laws, that have bulit in AI tools.
But, they are for lawyers and cost a lot of money.
The most time consuming part and most confusing is legal bureucracy, most law firms have legal secretaries who do that.
I think the good tool in law will be not drafting but explaining to which court to file a lawsuit, how to pay fees, what stages are etc.
Like step by step instructions.
Hey, former law grad here. I practiced for some time before switching to tech.
One of the most time-consuming tasks for lawyers is research and drafting.
I think LLM will improve the workflows for legal professionals.
For now, I have not seen a notable startup that has its models trained on a focused dataset for the legal industry.
Imagine if one can persuade big law firms to be their design partners in the process. They would do very well.
Let me begin :)
I believe it is still too early to rely on AI and language models, such as LLMs, for generating legal content, as it may lead to serious consequences (as seen in this example: https://www.bbc.com/news/world-us-canada-65735769). The understanding of how these language models work is still quite limited, despite their increasing popularity with the emergence of ChatGPT.
In my opinion, the most practical use of LLMs at this stage is to enhance productivity. They can be utilized to help structure, summarize, and rephrase texts, particularly in the legal domain. However, when it comes to generating legal content, it is crucial to prevent LLMs from producing inaccurate or hallucinatory information. Unfortunately, as far as I know, there is currently no effective method in place to address this concern.