Trilegal, India’s full-service regulation agency, introduced on November 29 its partnership with Lucio, an AI-powered authorized know-how platform. Trilegal and Lucio are working in the direction of implementing the AI suite with a view to enhancing effectivity, automating routine duties, and permitting the agency’s attorneys to give attention to high-value work, the corporate mentioned in a press launch.
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AI Position in Remodeling Authorized Operations
Sridhar Gorthi and Nishant Parikh, Companions and Members of Trilegal’s Administration Committee, mentioned in a joint assertion, “Expertise is remodeling industries, together with the authorized sector, and as complexities improve, companies should undertake superior options to reinforce effectivity. At Trilegal, shopper success stays our core dedication. By utilizing Lucio’s AI platform, we can enhance service supply and general shopper expertise in a secure and safe method. Lucio’s emphasis on the service layer units it aside.”
AI’s Position in Authorized Sector
A Thomson Reuters report highlights AI’s rising position within the authorized sector, with 51 p.c seeing it as a software to scale back administrative duties and 70 p.c anticipating it to assist in doc drafting. Trilegal can be adopting these AI-led improvements to reinforce effectivity and shopper outcomes, the corporate mentioned.
The Lucio platform enhances each day authorized capabilities by means of varied AI-powered options. Moreover, it helps in summarisation, clever organisation, and managing voluminous case recordsdata and knowledge.
Karan Singh, Accomplice and Member of the Board, Trilegal, mentioned, “A considerable a part of transactional workflows at the moment contain routine duties that may be carried out utilizing instruments that use generative AI know-how. By embracing AI and know-how, regulation companies can streamline operations, permitting attorneys to give attention to their core experience. Trilegal has taken the lead in pioneering AI and tech adoption that provides worth to our agency’s operations at scale by integrating know-how akin to generative AI. Lucio’s AI capabilities mixed with their Service Layer-led strategy align with our strategic tech adoption imaginative and prescient.”
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Accomplice on the TMT apply of the agency Nikhil Narendran added, “Our partnership with Lucio is predicated on the important thing pillars of information safety, confidentiality, and integrity, with confidential knowledge by no means leaving the Trilegal cloud or getting used to coach the mannequin. We have now been on an thrilling journey with the Lucio staff. Our adoption of this know-how can be pushed by shopper insurance policies and preferences relating to the usage of Gen-AI applied sciences.”
Lucio’s founders, Vasu Aggarwal and Darsan G, mentioned, “Legal professionals are skilled to offer strategic recommendation, assess dangers, and ship sound judgment. Nonetheless, they typically spend vital time on labor-intensive duties like discovery, summarizing paperwork, and creating timelines. Lucio automates these processes and extra, permitting attorneys to give attention to making use of the regulation to information, assessing dangers with readability, and exploring eventualities effortlessly. Trilegal’s partnership with Lucio is a major step in remodeling how authorized professionals work in India, making them extra environment friendly and, in the end, delivering higher outcomes for his or her shoppers.”
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Trilegal and Lucio AI Platform
With this partnership, Trilegal, which has places of work in 4 Indian cities, has turn out to be one of many first regulation companies in India to undertake AI options at such a scale. Lucio is a platform of AI merchandise designed for attorneys that helps ship authorized providers and scale back turnaround time. In accordance with the official launch, the AI platform helps attorneys streamline diligence, create chronologies, fact-discovery, quicken negotiations, draw traits from precedents, and analysis sooner.
