Ironclad, the leading digital contracting platform for modern businesses, has officially announced the launch of Ironclad Jurist, which is designed to help legal professionals draft, edit, review, summarize, translate, and answer questions related to modern contracting.
According to certain reports, Jurist happens to be the only AI-powered assistant purpose-built for lawyers, at the moment, that can create and iterate on any legal document with past company precedent, benchmarks, and real-time changes in the legal space, all accessible in an online, fully editable .docx workspace.
More on the same would reveal how the solution in question is built on Ironclad’s open-source visual programming platform Rivet. It will also reveal its ability to offer unprecedented transparency into AI decision-making within a contract, something the solution does by displaying agent actions and reasoning, complete with citations in its online research mode. In essence, Jurist arrives on the scene as well-equipped to leverage industry-leading prompt routing, specialized legal prompt engineering, and a sophisticated retrieval automation generation (RAG) approach to preach AI-assisted legal work at scale.
“Jurist has already eliminated hours of manual review from our document review process. Its intuitive interface lets us easily define our own parameters, transforming tasks like NDA reviews into a streamlined workflow,” said Katelyn Canning, Director and Head of Legal at Ocrolus. “What truly sets it apart is its ability to select the most appropriate AI model for each task behind the scenes, delivering useful results without requiring us to craft intricate prompts. This combination of power and simplicity has made it an indispensable tool for our legal team.”
Talk about the given solution on a slightly deeper level, we begin from its promise to conduct all legal work in one central location. Here, we referred to Jurist’s feature of providing a new surface for lawyers to work with, iterate, draft, edit, research, and ask questions inside a single environment, but what we haven’t mentioned yet is how you can also directly edit AI outputs, as well as write prompts for specific sections of documents to fine-tune contract language in a native .docx editor.
Expanding upon the facility to edit AI outputs, users can bank upon that to personalize drafts, reviews, and edits based on the context they provide, including templates and executed agreements. Another detail worth a mention is rooted in access one can have to the latest legal knowledge from verified online sources. Thanks to this access, users can stay up-to-date with the ever-evolving legal landscape from the most reputable online legal research sources.
“Legal is the perfect application for LLMs, because LLMs are exceptionally good at working with unstructured data – which is the lion’s share of the types of documents lawyers work with,” said Michel Feaster, Chief Product Officer at Ironclad. “We built Jurist to help bridge this gap, and wanted to create something that was congruent with the ways that lawyers are already working. Lawyers need to be able to edit in real-time in one place, or be able to ask questions about specific parts of a contract, or compare and edit groups of documents at the same time.”
Hold on, we still have a couple of bits left to unpack, considering we still haven’t touched on the facility to verify actions taken by your team of agents. This translates to how Jurist explains its decisions in real time, and at the same time, reveals all its sources when answering prompts, thus empowering users to use what they create with confidence.
Rounding up highlights would be the prospect of working in a responsible, privacy-forward environment. We get to say so because Jurist does not allow companies like OpenAI or Google to retain or train on customer data. Instead, it delivers at the disposal of customers complete enterprise-grade security, backed by numerous certifications, including several ISOs. Ironclad is also compliant with GDPR, HIPAA, and the SOC 2 Type II Security Trust Criteria.
“We’ve released Jurist as a standalone product, built on Ironclad architecture, because we feel this will benefit the entire legal community—whether they already use Ironclad or not,” said Jeremy Smith, President of Ironclad.