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There is too much information across many platforms which can make it difficult to locate the exact information we need. Our vision is to help users find internal information with one click and re-use any information in a second.
In two years’ time, OptiLegal will operate on both smart phones and computers, and will be integrated with various applications. We will make use of the GPT-3 model to automatically complete drafting.
In the short term, our focus is to develop a web-based, Software-as-a-Service knowledge management platform.
We are passionate about building customers' knowledge bank and helping customers reuse their information more efficiently. OptiLegal is a library on a firm-basis, which works as a private Google for internal information. We currently provide a digital legal clause library built on natural language processing supported by a Microsoft-verified word plugin and drop-and-drop functionality.
OptiLegal released the first official product in October 2022 – a digital knowledge library focused on internal legal clauses.
We have built a parsing model with a detection accuracy of 95%. In the future, we aim to further develop our ML and NLP model. The focus would be to build a cross-platform (Outlook, Zoom, Word)/device library (smartphones and laptops) and make use of the GPT-3 model to create tailor-made auto-completion. We will also build a knowledge sharing community to decentralize knowledge.
In addition, we will further improve the word-plugin and library, add additional knowledge management features (such as PDF), build contract risk assessment features and fine-tune our product based on customer feedback.