AI-Lawyer
Author: Oncu Erge Morkoc
Date: 05 March 2023
Introduction
AI-Lawyer is a tool to provide legal services to ease up legal processing by document comparison, summarization, and legal document generation. It is developed to almost completely surpass the need for an attorney.
How does it work?
At first sight, it is a fairly sophisticated artificial intelligence tool, which may be a very inexpensive and user-friendly way to reduce the need for legal counseling. Several legal procedures can be simplified for users who are not experts in the area.
AI-Lawyer is enabled to analyze various topics within large sets of legal documents and report potential legal problems for the users, simplify legal terminology for non-experts, and ease monitoring the legal terms of other websites. Also, AI-Lawyer promises automation in low-value legal duties.
Scope
AI-Lawyer shines where the tedious processes are being streamlined. Although it has grand claims about its capabilities, it does not claim that it will replace real-time lawyers. Most interestingly, it offers an AI-powered chatbot that gives the feeling of a legal conversation on small legal issues such as contract clauses or taxes with a counselor. It provides legal advice, answers legal questions in real-time and drafts legal documents.
Conclusion
AI Lawyer seems to be a great leap in the field of artificial intelligence and it is definitely worth checking up on its progress through time. Legal counseling may be quite costly and sometimes quite a daunting task to attend by regular individuals. Its cost-effective structure and easy-to-use interface are promising features to admire. However, it might be better suited for legal professionals rather than non-expert individuals. The website is already up and running which allowed me to try out some of the feauters. Users may already use the chat-bot feature without upgrading their account to premium. Within this free feauture, given questions were answered in a concise and easy to read format by the artificial intelligence. For instance, I asked a question about wrongful termination in a workplace and AI was able to procure an answer in a matter of seconds with a quite useful roadmap. Depending on users' legal predicament, legal chatbot and other features can be used easily. Finally, with such a tool, lawyers can increase their productivity and efficiency in a blink of an eye while focusing on the matters that require the expert touch.
Its place in DAOs
One should be mindful of how recently this tool was developed. The amount of info regarding its mechanics and scope is not sufficient to utter a definitive view about it. Nevertheless, from the preliminary research, it can be said that it has a potential for the DAOs. It is beneficial for DAOs to keep an eye out for the AI-Lawyer. As it claims, it offers fast, easy, and accessible legal services for the digital world. Which may be utilized in a way that may benefit DAO projects before their execution. Inherently it does not adhere to business hours and it can be reached from all around the globe. Which makes it a perfect tool for DOAs to utilize its legal insight.
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