Table Of Contents

1.Problem Statement....................................................................................................................................3
2.Vision......................................................................................................................................................... 3
3.Mission...................................................................................................................................................... 3
4.Gen AI Solution Design.............................................................................................................................. 3
5.Product Roadmap...................................................................................................................................... 4
6. Return on Investment Analysis................................................................................................................. 7
7. Key Technologies:......................................................................................................................................7
8. Unique Proposition:..................................................................................................................................8
9.Quality of the solution............................................................................................................................... 9

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1.Problem Statement
The task involves addressing a business challenge ( Legal Assistant) by applying the Gen AI methods
covered in the course.

Legal assistants serve as AI aids, for stakeholders within a company’s department streamlining the
time-consuming process of contract reviews by automating tasks based on established guidelines.

Based on a report, from Gartner about expediting reviews. In business scenarios; the sluggish pace of
legal procedures causes a 6 and a half day delay in launching new products for companies on average.
This delay equates to a loss of $7 million in revenue due, to postponed product launches directly linked
to the pace of processes.

2.Vision
Let’s transform the legal department with a cutting-edge Legal Assistant powered by Gen AI technology
that significantly cuts down the time and energy needed for reviewing contracts while ensuring
consistency and compliance, with accuracy.

3.Mission
Our goal is to create a cutting edge Legal Assistant powered by Gen AI that simplifies contract review, for
teams by offering insights and evaluations, on risks and compliance matters while enabling them to focus
more on critical assignments.

4.Gen AI Solution Design

Solution Overview: Our goal is to create a cutting-edge Legal Assistant powered by Gen AI that simplifies
contract review, for teams by offering insights and evaluations, on risks and compliance matters while
enabling them to focus more on critical assignments. The system will be designed to:

Automatically extract clauses, like termination conditions, limitations of liability and confidentiality
obligations.

1. Risk Assessment; Review contracts to identify sections containing risks that may require review
according to company guidelines and past experiences.
2. Ensure that contracts adhere, to the regulations and laws, like GDPR and CCPA by conducting
compliance checks.
3. Organizations can create templates and guidelines tailored to their contract requirements.

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 4. Version Monitoring and Contrast Tracking. Automatically review iterations of contracts, against
versions to pinpoint alterations and potential concerns.

Some of the tasks that need to be performed are:

● Data sources connection – Pull data from various data sources to Data Lake
● Data Ingestion – Queueing the data from Data Lake for batch processing
● Extraction & Classification - Extract content from documents using pymupdf for instance and
identify various elements (text, table, images)
● Visual elements Interpretation - For Tables & Images, extract content interpretations (summary,
title, json etc) using Small language model (phi3 vision)
● Chunking – create chunks for the extracted & interpreted elements using llamaindex & langchain
● Embeddings – Create vector embeddings of the chunks generated using open-source embedding
models
● Vector DB – Store the vectors to Enterprise Vector DB and create indexes

Below is conceptual solution architecture for Legal Assistant.

5.Product Roadmap
Below is the envisioned product roadmap to implement a legal assistant chatbot application, the
roadmap is based on conceptual solution architecture.

The below table depicts key product features of the technical solutions, based on the features product
roadmap created below.

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 • Build Silver Layer applying the data
Data Curation & Harmonization curation, transformation and aggregation
logic.
• Configure Data Quality, Governance
(Role, Persona, Tables), Encryption and
Masking
• One time history data load
• Incremental load and data harmonization
• Chunk documents into text chunks and
Build a RAG Solution for Knowledge base of create vector embeddings
Documents • Store vector embeddings in vector DB
• Build prompts and/ or fine tune the LLM
models as needed

• Developing an LLM based system to

Build an NLQ solution to formulate the response provide textual insights based on
to queries business questions asked by users.
• Retain context of previously asked
questions while responding

Responsible AI Tenets ● Hallucination Control by ensuring the

Conversational AI picks responses only
from the documents provided.
● PII information redaction
● Providing a moderation layer for Prompt
injection check and jailbreak check
● Role based access from documents
relevant to that role only.

• Building a chatbot with a rich user

Build an integrated web UI interface to render interface (UI) experience involves
the results combining conversational capabilities
with visually engaging elements to
enhance user interaction

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1.Short-term (0-6 months):

- Develop core features such as key clause extraction, risk scoring, and compliance checks.

- Create a small dataset of contract samples for training purposes.

- Test NLP models on standard legal templates.

2. Mid-term (6-12 months):

- Integrate custom templates for organization-specific needs.

- Implement version tracking and comparison functionality.

- Improve the system’s interactive insights based on user feedback.

3. Long-term (1-3 years):

- Add continuous learning functionality using machine learning to improve performance.

- Implement user-defined rules for further customizability.

- Expand capabilities to cover a broader range of contract types (e.g., NDAs, sales agreements).

- Explore potential patentability and ensure the system adapts to changing legal regulations.

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6. Return on Investment Analysis
Will generate a return on investment by:

1. Helping to get contracts reviewed in minutes not days

2. Helping to prevent millions of dollars in revenue losses due to slow legal speed
3. Reducing fines from HIPAA violations that could rack up to tens of thousands of dollars (or even
hundreds of thousands)
4. Helping to prevent going to jail for years due to HIPAA violations

Key Tenets

● Initial Costs:
○ Development of AI models and NLP systems.
○ Data acquisition and preprocessing of legal documents.
○ Integration with existing legal workflows and compliance systems.

● Revenue Generation:
○ Reducing contract review time by 80%, leading to faster product launches.
○ Saving up to $5 million in delayed revenues by speeding up the review process.
○ Reducing the need for legal manpower on routine tasks, resulting in cost savings.

● Ongoing Costs:
○ System maintenance and updates for new legal regulations.
○ Continuous model training and improvements.

● Payback Period: Estimated payback period: 1-2 years after implementation due to the revenue
saved and reduced legal expenses.

7. Key Technologies:
● Natural Language Processing (NLP): For parsing, understanding, and interpreting legal language.
● Machine Learning: To learn from past contracts and legal reviews, improving over time.
● Rule-Based System: For setting up specific contract policies and guidelines for compliance.
● Generative AI: For suggesting alternative contract terms or flagging sections for further
customization.
○ Vector Database - Milvus or Chroma db
○ Langchain for Orchestration
○ Streamlit or React JS for user interface

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8. Unique Proposition:
Patentability: A system capable of continuously learning and improving from historical legal reviews and
user feedback, ensuring it adapts to evolving legal language and frameworks.

The solution’s continuous learning feature, which adapts based on user feedback and evolving legal
language, offers a unique innovation in contract automation.

The continuous learning feature of the AI-powered Legal Assistant offers a strong case for patentability
due to its innovative approach to contract review automation. Let's break it down:

● Continuous Learning and Adaptability: The system leverages machine learning models that
improve over time by learning from historical data, user feedback, and changes in legal language.
As legal professionals interact with the system, they provide feedback on how accurate the
system’s suggestions are, and over time, the AI adjusts its responses to improve its performance.
○ Innovation in Legal Language Understanding: Legal documents often contain complex,
domain-specific language that changes over time as laws evolve. The AI's ability to learn
from updates in the legal field and adjust its parsing and interpretation makes it
adaptable to legal changes, which is a novel feature in legal tech.
○ Real-time Risk Detection: By continuously learning, the system can better identify risk
factors in contracts as new issues arise in the business or legal environment. It can adapt
to new types of clauses or contract structures, making it more proactive in detecting
potential risks before they become problems.
● Patentable Innovation: The combination of machine learning with natural language processing
(NLP) tailored to legal frameworks and the capacity to self-improve creates a strong case for
patent protection. This makes the technology proprietary, giving your organization a competitive
edge and potential future licensing opportunities.
○ Why This Matters for Patentability: Patent systems protect innovative solutions that
provide unique functionality or technological advancements. The adaptability of this
system ensures that it’s not just a static tool but an evolving technology, which is a
strong argument for patentability.

Customizability: Organizations can train the AI with their internal guidelines, making it tailored to their
legal preferences.

The system’s ability to be trained with an organization’s internal policies and legal guidelines ensures
that it remains highly customizable, making it more appealing to enterprises with unique contract
requirements.

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One of the standout features of this Legal Assistant is its high degree of customizability. This
ensures that the solution is not one-size-fits-all but can be tailored to meet the specific needs
of different organizations:

● Training with Internal Policies: Organizations have different legal guidelines, contract structures,
and risk tolerances. This system can be customized by training the AI model on an organization’s
internal contracts, policies, and risk assessments. This makes the tool highly relevant to each
business's unique legal and compliance needs.
○ Pre-defined Templates and Rules: Legal departments can create custom templates for
contracts, allowing the AI to automate the drafting and review process in a way that
aligns with the organization’s standards. For example, if a company prefers certain
phrasing in non-disclosure agreements or liability clauses, those can be automatically
inserted and checked for accuracy.
○ Customizable Risk Scoring: Different organizations have different risk appetites. The
system can be adjusted to flag different clauses based on how the organization defines
risk. This means that clauses related to intellectual property might be flagged as
high-risk for a tech company but not for a real estate company.
● Scalable Across Different Industries: The ability to customize the system ensures it can be
deployed across different industries and geographies. A healthcare organization might focus on
HIPAA compliance, while a European company would prioritize GDPR regulations. The
customizability ensures that the AI is not just legally accurate but also compliant with
industry-specific standards.
● Version Control and Evolution: Companies may want to track changes in legal language or
compliance needs over time. The customizable version tracking feature allows them to compare
changes and ensure compliance with new laws or organizational guidelines.

Key Advantages of Customizability:

1. Adaptation to Unique Contract Requirements: Different industries have varying legal

requirements. The system allows companies to fine-tune the model according to their specific
contracts, ensuring it stays relevant to the nuances of each organization.
2. Higher Adoption Rates: Because the system can be molded to fit existing workflows, legal
departments are more likely to adopt it.
3. Reduced Manual Intervention: By aligning the AI’s outputs with organizational standards, less
manual review is needed, which streamlines the legal review process.

Tables from documents in various format and its interpretation using Gen AI for a more accurate
response.

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9.Quality of the solution
We defined below evaluation criteria to assess the quality of the solution design and implementability of
the solution.

1. Well-defined and complexity of the problem chosen

The problem of contract review automation is well-defined and addresses a significant time and cost
issue within the legal department.

2. Gen AI Solution Design

The solution leverages multiple AI techniques, including NLP and machine learning, offering a clear
roadmap to success.

3. Product Roadmap

A comprehensive roadmap outlines short-term to long-term plans, with technical and business
feasibility.

4. Return on Investment (ROI) Analysis

The ROI is clearly stated, with a focus on cost savings and improved productivity, leading to faster
product launches and revenue gains.

5. Quality of the Report

The final report should have a clear structure with detailed flow charts and descriptions of each system
feature.

6. Unique Aspects

The system’s continuous learning and customizability offer potential patentability and unique value to
the market, making it attractive for investors and venture capitalists.

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