LegalMente AI is a One Stop AI Legal Shop™ with a patent pending AI Paralegal named Para™ that:
Our AI is trained on a legal expert mind, and our mission is to lower the cost of legal work by democratizing legal through AI.
Yes.
LegalMente AI’s RedFlag Detection AI currently focuses on the Healthcare & Venture Capital industries, specifically Business Associate Agreements (BAA), Non-Disclosure Agreement (NDA), SAFE (Simple Agreement for Future Equity).
If you have any other Contracts, then our AI Paralegal, Para can help you with that as she is able to review any type of contract.
Unlike other contract review software, LegalMente AI believes that contract review is not one-size-fits-all. Just like you would not hire a criminal lawyer to do your patent legal work, you deserve software that uses AI models trained in your industry.
Our patent pending AI Paralegal and AI-assisted contract review and analysis software uses natural language processing (“NLP”), distance metrics, large language models (“LLM”), and computational linguistics to analyze contracts and legal documents. NLP is the branch of AI that deals with human language, and Generative AI (such as LLM) is the branch of AI that uses deep learning to understand, summarize, generate, and predict text content. The technology, among other things, allows LegalMente to read language that it has never seen before. The ability to read novel language is critical in contracts, as most agreements have unique phrasing.
Our AI also has guardrails against hallucinations, and LegalMente AI follows AI trust and responsible development practices as a participant of Meta’s Open Loop program.
From start to finish, it only takes minutes.
To form a business such as an LLC or Corporation, you sign up using https://app.legalmente.ai/signup and click “Start My Business” after logging in.
To use our AI Paralegal, simply type a message to Para or use our voice-to-text feature to ask your question verbally to Para.
If you’d like a contract reviewed, load your PDF or Word document that you wish to be reviewed, and within minutes, you will receive your document with our comments.
For pre-drafted legal document templates, you can click on “Templates” or simply ask Para for help.
No. LegalMente simply provides education on the meaning and significance of various clauses in an agreement. This helps non-lawyers in knowing what is in their contract before sending to an attorney or signing. It can also be used to confirm that the attorney properly reviewed the agreement.
No. LegalMente is designed to aid both non-lawyers or attorneys to make the review of a contract more quick and efficient. LegalMente advises all of its customers to seek the advice of legal counsel before executing an agreement. It is important to keep humans in the loop of any contract review process.
With LegalMente, contract owners and attorneys can focus more on the business aspects of a contract, rather than on the minutiae.
LegalMente does not provide legal advice. Instead, it educates you on the most important clauses and may provide information on what many lawyers could suggest. LegalMente’s output should always be reviewed by an attorney. It is not designed to replace human judgment. It is a tool designed to help non-lawyers be more educated about contracts they sign and to help lawyers work more efficiently and accurately.
With that said, AI can make mistakes given the wide variety of ways to express the same concepts with language. If you believe LegalMente makes a mistake in its review, please let us know.
You want bias. All contracts have a bias as to whether is protects one party versus another party. The purpose of a contract is to be a meeting of the minds. However, when one lacks education or experience, one often neglects to negotiate additional biases that favors you. Or due to lack of time or diligence, one may forget to include language biased in your favor. In either case, LegalMente helps level the playing field to give an agreement the biases that you need.
To form a business such as an LLC or Corporation, pricing start as low as $89, excluding state and third party fees.
To use our AI Paralegal, our pricing is located here.
We have priced our service as a fraction of the cost of an attorney to provide similar education. Our goal is to help make legal services more efficient and accessible through lower pricing.
We focus on helping the clients of attorneys, not just the attorneys. We desire to help lower the cost of legal services, not only to shift expenses to different players in the industry. Further, LegalMente’s AI models are specialized by industry and contract type, not one algorithm to be used on all contracts.
Additionally, our AI Paralegal is capable of performing a multitude of tasks other than legal in order to support your business. See our YouTube channel for quick tutorials on how else you can use Para to grow your business.
Lastly, when it comes to legal domain-specific knowledge, our AI Paralegal, Para, has demonstrated to be more accurate than Google’s Gemini. See our YouTube channel for demonstrations of this accuracy.
All types of contracts.
Currently, LegalMente AI’s RedFlag Detection is optimized to review Business Associate Agreements (BAAs) in healthcare, Non Disclosure Agreements (NDAs), and Simple Agreement for Future Equity (SAFEs).
However, if you have any other Contracts, then our AI Paralegal, Para can help you with that as she can review all types of contracts.
Our goal is to review all types of contracts and then move on to different industries, sector by sector. Let us know if there are certain industries and/or contract types that you want LegalMente to be able to review next! You can contact Client Concierge on our website if you have any product feedback or product feature requests.
LegalMente was founded by a Corporate lawyer and a Data Science & AI expert who has expereince in healthcare industry. The software was built to help everyone, but the following are the easiest use cases:
No. Given the ubiquity of the Business Associate Agreement (“BAA”) in healthcare, many assume that it is a boilerplate agreement (i.e., a standardized agreement with the same terms every time). That is a dangerous way to think!
BAAs can differ significantly in their terms and vary widely in the amount of liabilities and risks incurred by one party or another. It is important to carefully review any BAA that one is asked to sign.
Yes, when appropriate. Since contract clauses may be different to shift risk from one party to another, then the suggestions are based upon one’s position in the negotiation.
No. LegalMente does not replace humans who should be the ones actually revising an agreement. To revise an agreement is to provide legal advice and one should always consult with an attorney or decide on their own whether or not attorney legal advice is needed.
Further, given the limits of artificial intelligence today, such automatic revisions of a contract without human intervention offers more problems than benefits.
Yes, LegalMente AI is available in English, Spanish, Portuguese, Malay, Italian, German, French, and Hindi.
This will allow our customers to use LegalMente to review English contracts and receive suggestions in their native language. Let us know if you need it in any other language(s).
No.
Para isn’t a wrapper around ChatGPT; it’s meticulously fine-tuned for legal contexts.
This refinement ensures that Para comprehends legal terminology and context on a deeper level, making it uniquely suited for legal documents. Its AI architecture has been optimized for legal texts, enabling Para to mimic the contract review process by not only understanding the text but also analyzing it for legal implications—something general-purpose models like ChatGPT aren’t designed to do.
Additionally, we’ve incorporated guardrails to keep Para ethically aligned and legally compliant, preventing it from engaging in or endorsing controversial topics.
Lastly, when it comes to legal domain-specific knowledge, our AI Paralegal, Para, has demonstrated to be more accurate than Google’s Gemini. See our YouTube channel for demonstrations of this accuracy.
Yes.
LegalMente AI has annual subscription options and also has a pay-as-you-go option.
If you want to form a business such as an LLC or Corporation, it’s only a one-time formation fee.
Yes.
While accuracy can be subjective if there’s no benchmark or reference for what a true answer should be, LegalMente AI undergoes a Human Evaluation Rating with legal domain experts to ensure it’s providing an accurate output.
Lastly, when it comes to legal domain-specific knowledge, our AI Paralegal, Para, has demonstrated to be more accurate than Google’s Gemini. See our YouTube channel for demonstrations of this accuracy.
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