What is Casetext?
Casetext is a legal AI company that has been developing cutting-edge technology for over a decade, including CoCounsel, the world's first reliable AI legal assistant. CoCounsel can perform several critical tasks, such as document review, legal research memos, deposition preparation, and contract analysis in minutes, helping lawyers work more efficiently and effectively. With CoCounsel, lawyers can input an issue and relevant information such as jurisdiction and receive a complete answer with supporting sources in seconds. CoCounsel identifies critical documents in contract databases and key information in discovery, increasing precision and recall, and lowering costs. CoCounsel can also automate contract revision by identifying relevant clauses, conflicts, and risks and recommending revisions. Casetext is relied upon by over 10,000 law firms, including solo and small practices, Am Law 100 firms, and in-house legal departments. The company's leadership team has unparalleled expertise, including serving as president of the Stanford Law Review, working on the Senate Judiciary Committee, litigating for top-tier firms, and patenting ABA-recognized technology. Casetext thoroughly vets every new technology before launching solutions to ensure trust and safety, and its expert attorneys and prompt engineers spend thousands of hours and several months training CoCounsel. Casetext's CoCounsel builds on the power of GPT-4, the AI that outperformed real bar candidates. Overall, Casetext is a reliable and innovative legal AI company that is transforming the practice and business of law, empowering more lawyers to provide higher-quality, more efficient, and more affordable representation to more people.
Pros
- Document review feature
- Legal research memo function
- Deposition preparation
- Contract analysis module
- Fast response time
- Automates contract revision
- Identifies relevant clauses
- Identifies conflicts and risks
- Suggested revisions
- Relied upon by 10
- 000+ firms
- Suitable for solo/small practices
- Fits Am Law 100 firms
- Fits in-house legal departments
- Leadership with unparalleled expertise
- CoCounsel trained by experts
- Rigorous technology vetting process
- GPT-4 powered
- Identifies key information in discovery
- Increases precision and recall
- Lowers costs
- Comprehensive legal data coverage
- Training and support resources
- Expert attorney feedback loop
- Deposition preparation automation
- Expanding access to legal representation
- Improves practice efficiency
- Trust and safety priority
- Jurisdiction-based issue response
Cons
- No on-premise version
- Relies on GPT-4 only
- Lack of integration options
- Jurisdiction limitations
- Might benefit big firms more
- Lengthy training process
- Not open source
- No multi-language support
- No direct purchase option
Casetext FAQ
What is CoCounsel?
CoCounsel is the world's first reliable AI legal assistant developed by Casetext. It performs crucial legal tasks such as document review, legal research memos, deposition preparation, and contract analysis in minutes.
How does CoCounsel work?
CoCounsel operates by accepting input about an issue and relevant information such as jurisdiction. It delivers a complete answer with supporting sources in a matter of seconds. It identifies critical documents in contract databases and crucial information in discovery to enhance precision, recall, and reduce costs. When provided with contracts and policies they should comply with, CoCounsel determines relevant clauses, conflicts, risks, and suggests revisions.
What tasks can CoCounsel perform?
CoCounsel can perform several key tasks that are integral to legal work. These include document review, creating legal research memos, preparing for depositions, and analyzing contracts.
How does CoCounsel help in legal research and document analysis?
CoCounsel helps in legal research and document analysis by providing complete answers with supporting sources in just a few seconds based on input about an issue and relevant information such as jurisdiction. It also identifies critical documents in contract databases and key information in discovery, thus increasing precision and recall while also reducing costs.
What is the technology behind CoCounsel?
CoCounsel is built on the power of GPT-4, a notably effective AI technology. It uses this technology to carry out its tasks at superhuman speed, delivering reliable results.
How can CoCounsel assist in deposition preparation?
CoCounsel assists in deposition preparation by allowing users to provide information about their deposition and the return of a thorough outline in no time.
How does CoCounsel automate contract revision?
CoCounsel automates contract revision by allowing users to upload contracts and policies they should comply with. It then identifies relevant clauses, conflicts, and risks, and recommends revisions.
What kind of law firms use CoCounsel?
CoCounsel is used by over 10,000 law firms, including solo and small practices, Am Law 100 firms, and in-house legal departments.
