LegalZoom Launches Doc Assist in Beta, Combining the Power of GenAI and Our Independent Attorney Network
28 Setembro 2023 - 10:00AM
LegalZoom, the No. 1 choice in online small business formations,
today announced the beta launch of Doc Assist, a free document
summarization product combining the power of generative AI and
LegalZoom’s expertise in legal tech to help small businesses
quickly review documents, stay organized, grasp core details
swiftly and effectively, and gain access to expertise from vetted
attorneys to make more informed decisions.
Doc Assist is a simple concept. Upload any legal document,
and Doc Assist immediately provides the core details, distills
crucial clauses, and prompts insightful questions tailored for that
document type. Doc Assist combines cutting-edge Generative AI with
our unique understanding of legal documents and their structures.
Think of it as a tailor-made map for navigating the intricate world
of legal paperwork.
Small businesses are afraid of attorneys. They think they’re
expensive and use confusing and intimidating jargon. They don’t
have a lot of time to find the right one, and when they do, they
worry about spending too much time with them due to
costs. This means many small businesses simply avoid attorneys
and end up taking unnecessary risks – they sign leases, keep
incomplete employee files, and often trust contracts from bigger,
more established companies. The internet is awash in legal
documents and many businesses adopt them as their own, without
understanding what they are signing or sending for
signature. 85% of current LegalZoom customers haven’t spoken
to an attorney. And it’s estimated that 40-60% of the
population leaves its legal needs unmet. The numbers get
worse when considering underserved communities. The problem
is clear.
“Every small business should be able to understand the contracts
it signs or sends for signature. Generative AI is an important
component, but it’s best coupled with a credentialed attorney who
is well versed in the type of legal document in question. LegalZoom
is in a unique position to provide access to both,” said Dan
Wernikoff, LegalZoom's CEO.
To try the beta version of Doc Assist and learn more about
LegalZoom offerings, please visit legalzoom.ai.
About LegalZoom.com, Inc.:LegalZoom is the
leading online platform for business formation in the United
States. Driven by a mission to unleash entrepreneurship, LegalZoom
delivers comprehensive legal, tax and compliance products and
expertise for small business owners through easy-to-use technology.
From free business formations to business management solutions and
professional advisory services, LegalZoom supports millions of
small business owners and their families throughout the
entrepreneurial journey. Founded on the belief that everyone should
have affordable access to legal and financial expertise, LegalZoom
empowers entrepreneurs to make their dream a reality. To learn more
about LegalZoom, visit www.legalzoom.com.
Forward-Looking Statements:This press release
contains forward-looking statements. LegalZoom intends such
forward-looking statements to be covered by the safe harbor
provisions for forward-looking statements contained in Section 27A
of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934. All statements other than statements of
historical facts contained in this press release may be
forward-looking statements. In some cases, you can identify
forward-looking statements by terms such as “may,” “will,”
“should,” “expects,” “plans,” “anticipates,” “could,” “intends,”
“targets,” “projects,” “contemplates,” “believes,” “estimates,”
“forecasts,” “predicts,” “potential” or “continue” or the negative
of these terms or other similar expressions. Forward-looking
statements are subject to a number of risks and uncertainties, many
of which involve factors or circumstances that are beyond
LegalZoom’s control. Actual results could differ materially from
those stated or implied in forward-looking statements due to a
number of factors, including but not limited to, risks detailed in
“Risk Factors” section and elsewhere in LegalZoom’s Quarterly
Report on Form 10-Q for the quarter ended June 30, 2023, filed with
the SEC on August 8, 2023, as well as those in its subsequent
filings with the SEC. These forward-looking statements are
inherently uncertain and investors are cautioned not to unduly rely
upon these statements. LegalZoom qualifies all of its
forward-looking statements by these cautionary statements. Except
as required by applicable law, LegalZoom does not plan to publicly
update or revise any forward-looking statements contained in this
press release, whether as a result of any new information, future
events or otherwise.
Media contact:LegalZoom@DKCNews.com
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