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Legora Builds Legal Agent Platform Powered by OpenAI Models

Stockholm-based legal tech firm Legora utilizes OpenAI models and coding agents to support legal workflows, including NDA reviews and due diligence.

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Founded in Stockholm in 2023, Legora builds what it describes as an agentic operating system for legal workflows using OpenAI models. According to company executives, internal legal review time for NDAs dropped from about 20% of capacity to under 1%, while engineering teams deploy coding agents to prototype up to 20 solutions concurrently and search log files to resolve software issues.

Key takeaways

  • CEO Max Junestrand stated that one Fortune 100 customer achieved a 90% faster contract turnaround and saved over $20 million on external litigation and diligence.
  • CTO Jacob Lauritzen reported that coding agents searching millions of lines of logs can reduce the time from bug report to working fix to around five minutes.

Source:OpenAI News Read the original ↗

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