Ironclad Officially Launches New Gen AI Assistant Jurist
Jurist aims to streamline the contract management process for legal professionals and provide transparency on its answers.
November 14, 2024 at 01:02 PM
3 minute read
Legal TechnologyOn Thursday, contract lifecycle management provider Ironclad announced the launch of its generative artificial intelligence legal assistant Jurist.
Jurist’s public launch comes six months after Ironclad’s release of Ironclad Signature, an e-signature solution offering click-to-accept functionalities, approval chains and executive summaries. Ironclad also earlier this year released Custom AI, a set of features allowing users to improve the quality of their AI results.
What it is: Jurist is a gen AI legal assistant focused on streamlining the CLM process by automating contract summarization, editing, translation and drafting.
Jurist allows users to create and edit contracts with benchmarks and upload past precedents.
It’s also doc.x native, meaning users can also download and work on Microsoft Word documents while using Jurist.
“I think the key is this integrated experience, the conversational agent completely connected into this multi[document] environment and what we hope to do is help that lawyer be massively more productive,” Ironclad chief product officer Michel Feaster said.
Jurist also provides background on its answers, citing articles and prompts it used to produce them.
Why it’s needed: Feaster said Ironclad’s customers wanted an AI assistant tied to the company’s platform.
“We've been in this space for 10 years, we have hundreds of thousands of lawyers on the platform, we tried to build not just an assistant, but literally the most purpose-built, assistant optimized to help lawyers do their work better and faster,” she said.
After consulting with law firms and in-house lawyers, Ironclad also found that users wanted transparency around AI tools. Feaster noted that Jurist’s ability to cite its answers was a significant feature that could enforce that.
“This kind of transparent, iterative prompting where we're literally showing you everything we're doing, I think that's just critical for the legal profession because we're not trying to replace lawyers, we're trying to make them more productive, and they have to trust how a Jurist is getting to its answers,” Feaster explained.
Under the hood: Jurist was built and is powered with Rivet, a visual programming environment on the back end that assists Ironclad in building generative AI tools. Rivet was also used to build Contract AI, released in May.
“One of the challenges with modern LLMs is they're not super predictable, you can type in something and they don't give you the same response,” Feaster said. “We've built this multiagent architecture where the UI of Jurist actually has all of these little miniagents optimized for doing particular legal tasks like feed text in to get a red line or search for precedent or annotate the contract. And these agents actually control the LLM, that's how we communicate to the LLM.”
Competition: Gen AI-powered legal assistants are not a new concept for CLM providers.
In 2023, ContractPodAi released AI legal assistant Leah. CLM provider Lexion released its own AI contract management capabilities with AI Contract Assist back in 2022.
Feaster noted that Jurist’s doc.x native feature is what sets Ironclad’s AI assistant apart.
“We essentially have a doc.x native word environment literally embedded in the browser and in many other assistants, those are two different technologies, they're completely disconnected,” she said.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllTrending Stories
- 142. Elections Are Good for Big Law, Just Don’t Get Too Close
- 2Rudy Giuliani's Attorneys Seek Withdrawal in Debt Enforcement Case
- 3SEC, South Florida Developer Rishi Kapoor Reach Settlement
- 4Senate Democrats Advance 4th Circuit Pick Ryan Park’s Nomination
- 5Judge Rejects Meta’s Plea to Send FTC Antitrust Suit to Trash Heap
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250