Leveraging GPT to optimize legal processes
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Many businesses face a dilemma: hire a Big Law firm and pay top rates even for routine legal advice or go with an alternative legal services provider or legal tech startup and forgo the expertise, experience and/or service level they rightly expect.
Scissero has been founded in the belief that domain knowledge, customer focus and innovative pricing models that deliver sustained cost savings are not incompatible. We achieve this by combining experienced legal professionals with a blend of near-shore support staff and state-of-the-art technology delivered via our Scissero GPT interface.
The early stages of buying or selling a company, the management of portfolio companies and the process of raising capital in the public or private markets are inherently time-sensitive matters that leave little room for error.
We understand the exigencies of high-volume transactional legal work and have built a technology-enabled, customer-centric organization that can support your business every step of the way, with the added benefit of providing measurable time savings on routine, low-value legal tasks.
Our customer-facing teams have access to Scissero GPT, our machine-learning enabled chatbot that combines the power of natural language processing with our existing suite of proprietary legal tech applications to help you (1) automate your legal documentation, (2) draft new legal documents, (3) reformat existing legal documents, (4) mark up disclosing party NDAs (5) extract key information from your documents and generate automated reports and trackers, and (6) conduct legal research.
Corporate transactions typically involve a multitude of stakeholder communications and high volumes of documents. As such, they generate heaps of data, much of it in unstructured format.
Our AI-enabled data extraction technologies help you pick through this data, visualize it and give you fresh insights. These insights in turn can (1) pinpoint bottlenecks in internal processes, (2) rank external vendors in terms of their performance and cost-effectiveness, (3) bring your contracts to life by setting up automatic alerts for reporting deadlines, sunsets on liability, and other key provisions, and renewal and termination dates, and (4) compare the provisions in your contracts to market standards.
Scissero GPT, our proprietary state-of-the-art legal chatbot, allows you to directly engage with our existing suite of AI-enabled task automation and data analysis tools in the most user-friendly way possible. Simply call it up and type your instructions or speak to it like you would speak to another human. Scissero GPT is the only chatbot specifically developed for legal applications, allowing customers to quickly and easily access efficiency-enhancing technology solutions.
Our customer success teams are headed by senior lawyers with years of experience working in the world’s leading financial centers with an unrelenting focus on customer service. All of our professionals are experts in their respective fields, and many of our non-lawyers also have legal backgrounds.
Our pricing model ensures that you receive the same quality of legal advice you would receive from a Tier 1 law firm, while paying far less than the prevailing rates. We offer subscription and per-document fees, and we don’t bill by the hour.
The legal industry is undergoing technological change at an unprecedented speed. As a result, it is only natural that the existing way of doing business is increasingly coming under strain. With our Scissero in action video series, we take a light-hearted look at the old and the new and how companies' expectations of lawyers and legal tech are changing.