CoCounsel

CoCounsel, introduced as the world's first reliable AI legal assistant powered by GPT-4, revolutionizes the legal industry by providing comprehensive assistance in various legal tasks. Developed by Casetext, a pioneering company in AI for law since 2013, CoCounsel is designed to perform tasks such as document review, legal research memos, deposition preparation, and contract analysis with efficiency and precision.

One of CoCounsel's key features is its ability to expedite legal research and deposition preparation. Users can input an issue along with relevant details like jurisdiction, and CoCounsel delivers complete answers with supporting sources in seconds. It also assists in creating thorough outlines for depositions swiftly, ensuring no detail is missed during preparation.

In the realm of document review, CoCounsel excels by identifying critical documents in contract databases and key information in discovery processes. This capability enhances precision and recall while simultaneously reducing costs. When it comes to contract revision, CoCounsel automates the process. Users can upload contracts and the policies they need to comply with, and the AI assistant identifies relevant clauses, conflicts, risks, and recommends necessary revisions.

Casetext, the company behind CoCounsel, has been a trailblazer in integrating AI technology into legal practices. Their team, comprising attorneys with over 110 years of combined experience, AI and machine learning experts, and product and design leaders, has launched six products since 2013. These products are trusted by more than 10,000 law firms of various sizes and practice areas.

The company's commitment to providing reliable and safe AI solutions is evident in its rigorous approach to technology. They thoroughly vet every new technology before launch, ensuring that their customers, who trust them with their clients' well-being, receive only the most dependable solutions. Their focus has always been on substance over hype, and they have been working with large language models since 2018, showcasing their long-term engagement with AI in the legal field.

CoCounsel's development has involved extensive efforts from Casetext’s expert attorneys and prompt engineers, who have dedicated thousands of hours to training the AI assistant. This training involves filtering, ranking, and scoring results to prioritize trust and safety, which are top priorities for Casetext.

As the legal industry continues to evolve rapidly with AI advancements, CoCounsel represents a significant leap forward. It not only streamlines legal practices but also plays a crucial role in expanding access to legal representation, ensuring that more people can benefit from high-quality, efficient, and affordable legal services.