Fringe Legal

Delivering quick time to value using AI tools with Jim Chiang of My Legal Einstein

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Synopsis

Jim Chiang is the founder of My Legal Einstein, an AI-powered legal contract review tool. “So when you think about a time the value of that to actually have that much of a limiting factor in terms of getting to some point of value, you could have done a stand why Legal AI hasn't really gained a huge amount of adoption. So My Legal Einstein really is intended to have a user who never actually has heard of My Legal Einstein.They actually go onto a site, they register, they log in and then they get you to try our algorithms against any of their contracts that they actually see. And our proof of value is very instantaneous and assess that as soon as they actually find ways to navigate their own contracts, to try it on their own contracts and be able to gain value from it when things that they actually might've missed come up very much in an instant.And when you talk to you about time to value for AI solutions, you really want to make sure that they get to the aha moment where they say, ‘Oh, I miss something’. And