Legora Uses OpenAI Models to Build Legal Agent Platform
Stockholm-based Legora develops an AI agent platform for legal workflows using OpenAI models. The company reports significant time savings in NDA and contract reviews for clients and its internal legal team.
Founded in 2023, Stockholm legal tech company Legora integrates OpenAI models into daily workflows for legal professionals. CEO Max Junestrand stated the platform aims to handle tasks ranging from contract reviews to due diligence. Legora reported that an internal NDA review process dropped from roughly 20% to under 1% of capacity, while a Fortune 100 customer reportedly cut contract turnaround by 90% and saved over $20 million.
Key takeaways
- Legora utilizes OpenAI models to automate legal tasks like due diligence and document review, and operates internal engineering workflows with coding agents.
- The firm claims its NDA workflow cut internal legal review time by over 95%, alongside significant turnaround and cost savings for a Fortune 100 customer.
Source：OpenAI News Read the original ↗
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