FoxMandal, one of India’s oldest full-service law firms, has incorporated artificial intelligence (AI) technology into its legal workflows ensuring overall efficiency, accuracy, and client satisfaction.
Technology provider ContraVault AI, founded by Isha Juneja, Tanmay Juneja and Sayan Sen, highlighted the role of its application in the area of arbitration and stated that its advanced capabilities will be utilized by the firm to:
- Analyze Complex Documents: Rapidly interpret and assess detailed case documents with unparalleled accuracy.
- Summarize Case Files: Provide concise, actionable summaries for efficient decision-making.
- Contextual Search Features: Enable lawyers to locate critical information quickly, saving valuable time during proceedings.
Beyond arbitration, ContraVault AI’s plugin will also transform day-to-day legal operations at FoxMandal and lawyers will be able to:
- Draft and Redline Agreements with AI Assistance: Automate the creation and review of contracts, ensuring precision and compliance with client and regulatory standards.
- Auto-Check Compliance: Instantly review agreements for legal and industry compliance, minimizing errors and ensuring enforceability.
- Generate Custom Clauses and Templates: Seamlessly customize legal documents to suit specific needs using AI-driven models.
Managing Partner Som Mandal stated that adding cutting-edge AI technology is need of the hour for law firms and AI integration will ensure expansion of the firm’s capabilities across practice areas. He also said that adopting the technology in daily legal operations will streamline tasks and enhance productivity leading to better service delivery to the clients.
