LegalOn Assistant Wins “Chatbot Innovation of the Year” in 2024 LegalTech Breakthrough Awards Program

LONDON, November 20, 2024 – LegalOn Technologies, a global leader in legal AI for contract review, today announced it has been selected as winner of the “Chatbot Innovation of the Year” award in the 5^th annual LegalTech Breakthrough Awards program conducted by LegalTech Breakthrough, a leading independent market intelligence organization that evaluates and recognizes standout legal technology companies, products and services around the globe.

LegalOn Assistant is an AI-powered legal chatbot designed to speed up every aspect of contract work. The solution enables legal professionals to instantly analyze, draft, and review contracts with AI-powered intelligence. Users can ask questions about any contract - including amendments and exhibits - and receive instant, accurate answers tailored to their negotiating position. 

The assistant excels at drafting precise contract language, generating summaries of complex agreements, explaining legal terms in plain English, and even reviewing 28-foreign language contracts with translation capabilities. These features help legal teams save time and money, and are particularly useful for non-lawyers on legal teams such as paralegals and contract managers.

Integrated directly within LegalOn’s contract review platform, LegalOn Assistant is built on LegalOn’s proprietary AI models which combine the power of Large Language Models with attorney-written legal content and guidance to generate responses that legal teams can trust. The solution works within Microsoft Word and is built with strong safeguards to protect sensitive contract data, including SOC 2 Type II certification, and compliance with GDPR, and CCPA., as well as no customer data retention.

“Our clients tell us their contract review time is 85% faster with LegalOn Assistant. It's like having a knowledgeable colleague always ready to do work and answer questions about contracts. It helps our customers work faster and more confidently across the entire pre-signature process,” said Daniel Lewis, CEO at LegalOn Technologies. “We’re proud to receive the ‘Chatbot Innovation of the Year’ award from LegalTech Breakthrough. We’re also continuing to build advanced new skills that support translation, summarization, form filling, editing, and more – helping our clients with the most painful and time-consuming parts of contract work.” 
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The mission of the annual LegalTech Breakthrough Awards program is to conduct the industry’s most comprehensive analysis and evaluation of the top technology companies, solutions and products in the legal technology industry today. This year’s program attracted thousands of nominations from over 12 different countries throughout the world.

“LegalOn's AI contract review software is fast, thorough, and reliable. Though contract review is a critical stage in the agreement lifecycle, it’s often bogged down by inefficiencies including legal and compliance processes, tedious review of contract clauses, and reliance on costly external counsel. This leads to both lost time and productivity,” said Bryan Vaughn, Managing Director, LegalTech Breakthrough. “Equipped with pre-built playbooks, version control, comparison, collaboration tools, and more, LegalOn meets all your contract review needs. By integrating advanced AI with attorney-crafted playbooks, legal teams can turn hours of contract review into mere minutes and spend more time on the important tasks that require human expertise.” 

About LegalOn Technologies

LegalOn Technologies is a leading AI contract review software for legal teams, serving innovative lawyers and legal professionals at over 6,000 companies and firms globally. LegalOn is backed by leading investors and has raised over $130M. LegalOn’s global headquarters are in San Francisco, and its group headquarters are in Tokyo.

About LegalTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the LegalTech Breakthrough Awards program is devoted to honoring excellence in legal technologies, services, companies and products. The LegalTech Breakthrough Awards program provides a forum for public recognition around the achievements of LegalTech companies and solutions in categories including Case Management, Client Relations, Data and Analytics, Documentation, Legal Education, Practice Management, eDiscovery and more. For more information visit LegalTechBreakthrough.com

Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.