Legal

Industry Trends:

With the introduction of AI agents, the legal profession of the future looks much different than what we see inside law firms and internal legal departments today.

• In each contract review, tens of thousands of existing contracts can be considered to suggest applications and best practices and revisions to a live contract in review, reducing risk caused by contractual blindspots.
• Case research for new areas can be offloaded to an AI researcher which can combine a list of relevant cases, summaries and documents to support work in a novel area dramatically reducing the cost of service.
• Clarifying questions from clients or internal business users can be answered automatically by AI leveraging compile knowledge from the most qualified lawyers - freeing experienced lawyers from ticket answering to consider more high-value and strategic decisions and policy.

What’s most exciting about this future is that the technology is available today, and the transition is already starting for many firms.

We’ve worked with the legal innovation and operations team at a large multinational firm to accomplish many of these dreams already.

Why SOVA:

• Custom Data Processing: Better document pre-processing for better answers.  OOTB providers are focused on a broad set of customers while SOVA can give your contract, policy and legal data the specific attention it needs to optimize performance of AI systems.
• Unlimited Workflow Integration: OOTB providers have to navigate complex partnerships and competitive space when deciding which ticketing systems, contract management systems or case data providers to work with.  SOVA can work with all your existing vendors without limit or conflict.

Private Architecture: While some vendors support private deployments, SOVA can fully customize deployment on local or private cloud meeting stringent data privacy requirements.

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Select Case:
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Client

Publicly Traded Electronics Firm

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Problem

The global legal team at the company has to cover a broad range of legal requests from internal and external stakeholders located in different countries and legal domains. They have extensive experience and documentation but it is still time consuming to respond to all requests.

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Plan

The SOVA team activated our robust discovery process to truly uncover the Problem. From there we designed and engineered an AI-based legal assistant that can provide guidance to the legal team to help accelerate and improve the quality of their responses for expertise.

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Results

Rollout and adoption is ongoing in late 2024

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