LegalOn Technologies, renowned for its AI-driven contract review capabilities, has launched a significant expansion into matter management. This development aims to enhance the efficiency of legal departments by facilitating the intake and execution of various legal requests. As noted by Daniel Lewis, the US CEO of LegalOn, this strategic move is part of a broader initiative to address common legal bottlenecks that hinder business operations and increase risks.
The newly introduced Matter Management feature is designed to streamline legal work processes, fostering improved collaboration among legal teams and other business units, such as sales, marketing, HR, and finance. The platform allows for the intake of requests from multiple sources, including Slack, email, and web forms. It also offers features like real-time notifications, audit trails, and AI-generated recommendations based on past matters.
Complementing this new feature, LegalOn has revamped its user interface and rolled out updates across the platform. These updates bring enhancements to the company’s AI contract review tool, Review, which identifies and suggests amendments to contract risks with the help of attorney-curated playbooks and organizational legal standards. Key highlights of this update include the capability to handle counterparty redlines, facilitate translations across 28 languages, and transform contract data into actionable intelligence via the Knowledge Core.
The enhanced LegalOn Assistant further extends support throughout various phases, from request intake to contract resolution, by assisting users with queries, drafting clauses, and finding precedents, among others. LegalOn’s unified platform affords the flexibility to integrate these capabilities as needed, allowing organizations to adapt and scale over time.
Having expanded to the U.S. in 2022, LegalOn continues to grow its presence with these latest advancements, strengthening its position within the legal technology marketplace. For further reading, see the full announcement on LawNext.