Top AI Tools for Legal Professionals

The legal AI market is booming. Valued at $1.45 billion in 2024, it’s projected to expand at a 17.3% annual growth rate through 2030, fueled by the rising demand for automation in areas like eDiscovery, case prediction, regulatory compliance, and contract management.

Faced with ever-increasing volumes of data, law firms and legal departments are turning to AI tools to streamline operations, boost productivity, and cut costs. But with a plethora of options available, selecting the right AI tools for your firm can be a challenge.

This blog discusses a few popular AI legal tools available, exploring how they can enhance law firm operations. Let’s get started!

Top AI Tools in the Legal Industry

Project Management & Collaboration

ClickUp (Primarily Project Management, with Legal Applications)

• Features: Task management, time tracking, collaboration tools, customizable workflows, integrations. While not specifically designed for legal, its flexibility makes it adaptable.
• Pros: Highly customizable, robust feature set, good for team collaboration, affordable pricing tiers.
• Cons: Can be complex to set up and learn, not specifically tailored to legal workflows.
• Pricing: Freemium model (limited features), paid plans from a few dollars per user/month.

Contract Review & Analysis

Lawgeex

• Features: AI-powered contract review, identifies risks and clauses, compares contracts to templates.
• Pros: Automates a time-consuming process, improves accuracy and consistency, speeds up due diligence.
• Cons: Can be expensive, may require training data for optimal performance, might not catch every nuance in complex contracts.
• Pricing: Typically enterprise-level pricing, contact vendor for details.

Harvey

• Features: AI-powered legal document review, contract analysis, due diligence, legal research.
• Pros: Comprehensive platform, strong AI capabilities, designed for legal workflows.
• Cons: Likely high cost, complex implementation, requires user training.
• Pricing: Enterprise-level pricing, contact vendor.

Diligen

• Features: Contract analysis, risk assessment, clause extraction, integrates with document management systems.
• Pros: Focuses on contract intelligence, helps identify key information and potential issues.
• Cons: Pricing not readily available, primarily geared towards larger organizations.
• Pricing: Contact vendor.

ContractSafe

• Features: Contract management, tracking, alerts, search, reporting. Includes some AI-powered analysis.
• Pros: Streamlines contract lifecycle, reduces risk of missed deadlines and obligations.
• Cons: AI capabilities might be less advanced compared to dedicated contract review tools.
• Pricing: Subscription-based, varies by features and number of contracts.

Latch

• Features: Document and contract summarization, simplification, and analysis.
• Pros: Helps quickly grasp the key points of complex documents, improves efficiency.
• Cons: Relatively new tool, may lack the depth of more established players.
• Pricing: Contact vendor.

Legal Research & Case Law

Lex Machina

• Features: Legal analytics, case law research, identifies trends and patterns, provides insights into judges and opposing counsel.
• Pros: Data-driven insights, helps develop litigation strategies, improves case outcomes.
• Cons: Expensive, focused on litigation, not applicable to all legal areas.
• Pricing: Subscription-based, contact vendor for details.

Gemini (Google AI)

• Features: Accesses and processes information from the real world through Google Search and advanced reasoning capabilities.
• Pros: Can quickly retrieve and summarize up-to-date information, potentially useful for legal research.
• Cons: Still under development, accuracy and reliability need careful evaluation, not specifically designed for legal research.
• Pricing: Part of Google’s offerings, pricing varies depending on usage and features.

E-Discovery

Everlaw

• Features: E-discovery platform, AI-powered document review, predictive coding, data analytics.
• Pros: Comprehensive e-discovery solution, advanced AI capabilities, streamlines the discovery process.
• Cons: Expensive, complex to implement, requires specialized training.
• Pricing: Typically enterprise-level pricing, contact vendor.

Relativity

• Features: E-discovery platform, document review, analytics, project management.
• Pros: Widely used and trusted in the legal industry, robust feature set, scalable.
• Cons: High cost, requires significant training, can be complex to manage.
• Pricing: Typically enterprise-level pricing, contact vendor.

Legal Violations Detection

Darrow.ai

• Features: Analyzes public datasets to identify potential legal violations, helps law firms find new cases.
• Pros: Automates lead generation, identifies opportunities for litigation.
• Cons: Relatively new, accuracy and effectiveness need to be validated.
• Pricing: Contact vendor.

Document Summarization

Detangle.ai

• Features: Summarizes legal text, simplifies complex language.
• Pros: Improves efficiency, makes legal documents more accessible.
• Cons: Relatively new, accuracy and comprehensiveness need to be assessed.
• Pricing: Contact vendor.

Other AI Tools

ChatGPT (OpenAI)

• Features: Generates text, translates languages, writes different kinds of creative content, and answers your questions in an informative way.
• Pros: Can draft legal documents, including contracts and pleadings, potentially useful for brainstorming and initial drafts.
• Cons: Can produce inaccurate or biased information, requires careful review and editing by a lawyer, not a substitute for legal advice.
• Pricing: Freemium model (limited usage), paid plans for higher usage.

Copilot (Microsoft)

• Features: AI assistance within Microsoft 365 apps, helps analyze trends, summarize email threads, and more.
• Pros: Integrates with familiar tools, improves productivity, automates repetitive tasks.
• Cons: Still under development, accuracy and reliability need to be evaluated, may not be specifically tailored to legal workflows.
• Pricing: Part of Microsoft 365 offerings, pricing varies depending on the plan.

Ansarada

• Features: Primarily for deal management and due diligence, includes AI features for document review and analysis in the context of M&A and similar transactions.
• Pros: Streamlines complex transactions, improves efficiency and reduces risk.
• Cons: Focused on specific types of legal work, not applicable to all legal areas.
• Pricing: Paid available

Enhancing Your Legal Practice with AI

As legal professionals strive to meet increasing demands and navigate a complex regulatory landscape, AI legal tools are indispensable for enhancing efficiency, ensuring compliance, and reducing risk.

Ready to enhance your legal practice with AI? Begin with AI+ Legal Certification and increase your knowledge in this area. Increase productivity, efficiency, and lead the way in the legal profession. Enroll today!