Press Release – 29 Nov 2024
November 29, 2024—Trilegal, one of India’s leading full-service law firms, today announced its partnership with Lucio, an AI-powered legal technology platform. This marks a significant shift in the delivery of legal services. Trilegal and Lucio are working towards implementing the AI suite. Trilegal aims to revolutionize legal practice by enhancing efficiency, automating routine tasks, and allowing lawyers to focus on high-value work.
Sridhar Gorthi and Nishant Parikh, Partners and Members of the Management Committee, said, “Technology is transforming industries, including the legal sector, and as complexities increase, firms must adopt advanced solutions to enhance efficiency. At Trilegal, client success remains our core commitment. By using Lucio’s AI platform, we will be able to improve service delivery and overall client experience in a safe and secure manner. Lucio’s emphasis on the service layer sets it apart.”
A Thomson Reuters report highlights AI’s growing role in the legal sector, with 51% seeing it as a tool to reduce administrative tasks and 70% expecting it to aid in document drafting. Trilegal will be adopting these AI-led innovations to enhance efficiency and client outcomes.
The Lucio platform enhances daily legal functions through various AI-powered solutions. Additionally, Lucio helps in summarisation, intelligent organisation, and managing voluminous case files and information.
Karan Singh, Partner and Member of the Board, Trilegal, said, “A substantial part of transactional workflows today involve routine tasks that can be performed using tools that use generative AI technology. By embracing AI and technology, law firms can streamline operations, allowing lawyers to focus on their core expertise. Trilegal has taken the lead in pioneering AI and tech adoption that adds value to our firm’s operations at scale by integrating technology such as generative AI. Lucio’s AI capabilities combined with their Service Layer-led approach align with our strategic tech adoption vision.”
Nikhil Narendran, Partner—TMT, Trilegal, said, “Our partnership with Lucio is based on the key pillars of data security, confidentiality, and integrity, with confidential data never leaving the Trilegal cloud or being used to train the model. We have been on an exciting journey with the Lucio team. Our adoption of this technology will be driven by client policies and preferences regarding the use of Gen-AI technologies.”
Vasu Aggarwal and Darsan G, Founders – Lucio, said, ” Lawyers are trained to provide strategic advice, assess risks, and deliver sound judgment. However, they often spend significant time on labor-intensive tasks like discovery, summarizing documents, and creating timelines. Lucio automates these processes and more, allowing lawyers to focus on applying the law to facts, assessing risks with clarity, and exploring scenarios effortlessly. Trilegal’s partnership with Lucio is a significant step in transforming how legal professionals work in India, making them more efficient and, ultimately, delivering better results for their clients.”
As one of the first firms in India to adopt AI solutions at this scale, Trilegal is set to lead a transformation in legal service delivery. Such AI-powered solutions enable firms like Trilegal to dedicate more time to complex legal challenges while enhancing client service through faster, more accurate, and tailored solutions.
About Trilegal:
Trilegal is one of India’s leading law firms, with expertise across the full spectrum of corporate legal services. Trilegal has offices in four cities of India.
Trilegal has been recognised as M&A Firm of the Year by IFLR Asia-Pacific 2024; Best Overall Law Firms by India Business Law Journal (IBLJ) 2024; Innovative Lawyers Asia-Pacific by Financial Times (FT) 2024; Law Firm of the Year by Deal Volume by VCCircle Awards 2024; India Deal Firm of the Year by Asian Legal Business (ALB) India Law Awards 2023; Best Law Firms to Work by Vahura 2022; Firm of the year for Client Service Excellence by Asia Law Awards 2021.
About Lucio:
Lucio is a platform of AI products designed for lawyers that helps deliver high-quality legal services and reduce turnaround time. It helps lawyers streamline diligence, create chronologies, fact-discovery, quicken negotiations, draw trends from precedents, and research faster. Lucio is designed for a global audience, and with its customizability and versatility, it successfully serves law firms, research organizations, and in-house legal teams.
For Further queries on the announcement, please contact:
Anoop Siddak Singh Tuli | +91 95353 77422 | [email protected]
Sailee Nayak | +91 99301 67115 | [email protected]
Janki Telivala | +91 98926 23468 | [email protected]
Source : Trilegal
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