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LegalNow - Draft & review your contracts with lawyer-level AI | Product Hunt

 6 months ago
source link: https://www.producthunt.com/posts/legalnow
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LegalNow

Draft & review your contracts with lawyer-level AI

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LegalNow is your AI-powered legal assistant that simplifies contract draft, review, and management, providing small businesses with accessible, user-friendly, and cost-effective legal support for all your contract needs. Start for free.
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Hello PH Makers!๐Ÿ‘‹

๐Ÿšจ Have you ever wandered aimlessly through the vast corridors of Google or other template websites, hoping to find a good template. Yet, even after finding an elusive one, you're left staring at it, wondering how to structure it to your particular needs? ๐Ÿง

๐Ÿšจ Or, let's take another scenario, you are holding an agreement presented by the other party, yet feeling utterly lost on how to gauge its legal risks and how to protest your own interest and not to get run over by the other party's legal team.๐Ÿง

You are not alone. โœŠ Throughout my career as a lawyer, I've witnessed countless businesses facing these very challenges. In todayโ€™s global legal industry, 90% of legal needs remain unresolved, largely attributable to exorbitant attorney fees. ๐Ÿ’ธ

For that reason LegalNow is here! ๐Ÿ’Ž We aren't just bringing a solution to the table.๐Ÿ’Ž We're igniting a revolution.๐Ÿ’Ž

With our first version, you can:

โœ… Draft--Effortless Customization: Easily tailor contracts to meet your unique needs using our trained AI, coupled with our premier templates and comprehensive writing guides.

โœ… Review--One-Click Review: No more hours spent sifting through clauses and legalese. With a single click, review agreements, identify latent legal risks, and seamlessly modify contracts with utmost precision.

โœ… Query--Real-Time Assistance: As you draft and review, itโ€™s like having a personal legal assistant at your side. Dive into any queries or uncertainties you might have, and find clarity in moments.

At LegalNow, our aspiration is to provide you with affordable and efficient legal support. ๐Ÿ™ We are on a mission to continually enhance our AI capabilities, integrating a wider spectrum of legal services, such as day-to-day consultations, into our product. ๐Ÿ‘€ Moreover, by tapping into our expansive global network of attorneys, we aim to offer legal support that spans across various regions worldwide and under a fraction of the cost, you would spend on an average lawyer. ๐Ÿ™Œ

We invite feedback from all of you. Your feedback will help us prefect our product, ultimately enabling more people to enjoy cost-effective legal safeguards and make the legal power accessible to everyone!๐Ÿ’ฏ

Cheers!

Li Huanzhi Founder of LegalNow

@masterlhz hi Huanzhi, super excited to see this product launch! It has been an absolute pleasure seeing your team building LegalNow from day 1!

Look forward to sharing this product with more people!

@shivam_tiwari24 Hi Shivam, thanks for yours message! While we can't offer our product entirely for free due to our extensive use of GPT-4, we strive to allow users to experience it for free or at a very low cost. For small businesses, opting for our quarterly or annual subscription plan means spending just $20-30 per month. We will then cover most contract-related issues for the year.
Hi Li! LegalNow looks extremely interesting and useful. Perhapt I'll be using your platform in the future. Accept my congratulations with awesome product!

@mocarg Thanks Momcilo for your question. Our "consistently high standard" of legal services stems from the involvement of top-tier lawyers.

Through AI, we can significantly reduce the operational costs for lawyers, making it affordable for regular users to access attorneys who normally charge $500-$1000 per hour.

As for these elite lawyers, AI offers a way to productize their expertise, drastically increasing their earning potential. Their services are no longer limited to their finite working hours but can be extended to benefit a broader audience.

This is why we're able to attract top lawyers to our network. We're currently advancing several partnerships, and as our product evolves, we'll gradually reveal these collaborations to our users.

@masterlhz @mocarg Thank you for asking such an excellent question. I wholeheartedly agree with your perspective that the legal industry is highly meticulous. Even the slightest mistake in legal services can result in significant losses for users. Therefore, our legal team dedicated several months to ensure the professionalism of our AI in contract services. Our team has initiated the LegalDAO community (Twitter: https://twitter.com/Legal_DAO), a global community of legal professionals. The majority of our over thousands members consist of professional lawyers, legal scholars, and legal practitioners from 54 countries and regions worldwide. Hence, we are confident in collaborating with legal professionals from around the world to make LegalNow more "international," adapting to diverse legal requirements and serving users in various locations ๐Ÿ’ฏ

The contract scenarios and types currently supported by LegalNow include:

1โƒฃ๏ธ Employment ๐Ÿ‘‰ Employment Agreement (Full-time) ๐Ÿ‘‰ Employment Agreement (Part-Time) ๐Ÿ‘‰ Internship Agreement ๐Ÿ‘‰ Non-Competition, Non-Solicitation, Confidentiality and Proprietary Rights Agreement ๐Ÿ‘‰ Equity Incentive Plan and Agreement (Privacy Company)

2โƒฃ๏ธ Terms, Condition & Privacy Policy ๐Ÿ‘‰ Term of Service ๐Ÿ‘‰ Privacy Policy

3โƒฃ๏ธ NDA & Cooperation ๐Ÿ‘‰ Unilateral Non-Disclosure Agreement ๐Ÿ‘‰ Mutual Non-Disclosure Agreement ๐Ÿ‘‰ Business Cooperation Agreement

4โƒฃ๏ธ Service Agreement ๐Ÿ‘‰ Tech Service Agreement ๐Ÿ‘‰ Design Service Agreement ๐Ÿ‘‰ Consulting Agreement ๐Ÿ‘‰ Marketing Agreement ๐Ÿ‘‰ Agent Agreement ๐Ÿ‘‰ Influenceer Agreement ๐Ÿ‘‰ General Service Agreement

5โƒฃ๏ธ Sales (Goods & Software) ๐Ÿ‘‰ Sales of Goods/Vendor Agreement ๐Ÿ‘‰ SaaS Agreement

6โƒฃ๏ธ Web3 ๐Ÿ‘‰ SAFT Agreement ๐Ÿ‘‰ SAFT Agreement and Token Warrant

LegalNow looks amazing! What inspired you to create an AI-powered legal assistant? What have been the biggest challenges in developing the product? Excited to learn more about the product and its features!
@samalyx Thank you for your kind words! We were inspired to create LegalNow because we saw an opportunity to revolutionize the legal industry. Many people face challenges when dealing with legal matters, and we wanted to make professional legal assistance more accessible and affordable. The biggest challenges in developing the product have been ensuring the AI's accuracy and professionalism, as well as adapting to different legal systems and requirements. We're excited to introduce you to LegalNow and its features, and we believe it will greatly simplify legal processes and enhance your experience with legal matters. Please feel free to explore the product and let us know if you have any questions or need further information!

@samalyx Hi Samar, thank you for your message.

The primary motivation behind creating an AI-powered legal assistant was recognizing that a vast majority of small businesses and individuals couldn't access high-quality legal services due to prohibitive legal fees.

Developing LegalNow was no easy task. The greatest challenge was tuning AI's legal capabilities to ensure better accuracy and integrating structured text processing with the AI's functionalities.

You are welcome to try it out! Let us know if you have any questions on-boarding or using our product.

@masterlhz congrats on the launch - I think this is a really great product for an industry that has such a high barrier to entry/ cost threshold! I am curious what legal region/location the data is coming from and how the system deals with conflicting regional legal parameters?

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