
Thomson Reuters CoCounsel Drafting: An AI-Powered Game Changer for Legal Professionals
Back to all articles Company Product Name CoCounsel CoCounsel Drafting Latest Developments and Upcoming Updates Single point of access to CoCounsel
“Instead of manually writing or searching for standard provisions, users have a customizable toolkit of pre-approved legal clauses at their fingertips. Begin typing a clause title within a document, and the clause library will instantly suggest all options. When the desired clause is selected, it can be inserted directly into the document.”
Docs by Filevine is an advanced document management system designed specifically for law firms and legal departments. Docs utilizes optical character recognition (OCR) to search for terms within all documents, including PDFs and photos of documents. Its quicker and more accurate search features significantly improve the user experience. Users can easily go to specific document portions using intra-doc search, which identifies crucial information. Text included in photographs or scanned documents can be searched thanks to OCR technology, and material in other file types, such as DOCX, PDF, and RTF, can be quickly detected thanks to document indexing.
Unlimited storage allows a firm to maintain all documents in one place, regardless of size or format. Centralized storage eliminates the need for costly paper storage solutions, enhancing efficiency. Filevine’s robust security ensures document safety while improving productivity and client satisfaction. Unlimited Storage ultimately means law firms never need to worry about running out of space to upload documents, contracts, and records securely.
Filevine offers other built-in tools, including conflict checker and PDF editing. Conflict checker scans uploaded documents for potential conflicts, saving time and mitigating ethical risks. PDF editing empowers users to edit PDF files directly within Filevine, including adding text, redacting, highlighting, and collaborating through comments.
Filevine manages documents globally, allowing users to view documents based on flexible criteria, such as recent activity, document modifications, and search functionality. The search feature lets users filter documents by case, tags, document content, and emails. Additionally, every document entering the system is run through an anti-virus scan; positive hits are quarantined, and users are notified.
Figure 1: The clause library streamlines document creation and helps a firm enforce consistency and accuracy.
Figure 2: Depositions are analyzed, and through AI functionality, users can view a summary of key points in the transcript and get a list of inconsistencies, allowing attorneys to zero in on key elements of a case.
Figure 3: Filevine’s AI features enable users to get a quick summary and analysis of critical information that can be pulled from documents and forms, significantly saving time and money.
“AIFields uses the power of AI to extract and organize information from case documents. It summarizes and pulls important information from your documents. Text and handwritten notes are first scanned using OCR (optical character recognition). AI then analyzes and reviews the scanned document, outputting the information into an AIField. The extracted analysis can be pulled into reports or referenced in generated documents, along with other data fields.”
See how Filevine can make a real difference. Schedule a demo now, or check out the videos on the Filevine YouTube channel.
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Back to all articles Company Product Name CobbleStone Contract Insight® Latest Developments and Upcoming Updates Preferred clause replacement – users can