The city headquartered legal technology start-up PracticeLeague has now touched a user base 8000+ legal practitioners across the globe, thus becoming the largest legal tech player from this part of the world.
PracticeLeague is a disruptive startup in the legal technology space with the most Advanced integrated eco-system for legal professionals of corporate legal departments and a very comprehensive structured workflow for law firms in the country and beyond.
Speaking on the occasion of the company crossing a precedent milestone of managing 10 million billing hours for its clients, Mr. Parimal Chanchani, Director, PracticeLeague said: “The product suite offered by PracticeLeague is not just a legal workflow manager but is an integrated infrastructure of automated solutions with imbibed AI (Artificial Intelligence) that automates the entire Legal system with its smart applications. The breadth and ability of the software to power in every stage of the legal services lifecycle has made us reach over 8000+ legal professionals in a short period 0f 18 months. We have invariably automated over 50% of Premier Law Firms in the country and over 1000 of large corporate users across the spectrum of the Indian industry”
PracticeLeague Legaltech – in just about every step of the legal lifecycle
Corporate Legal department
Intellectual property firms
Practice Management Integrated Finance Legal CRM Document Assembly and Automation Knowledge Management
PracticeLeague is in an exciting growth phase not just in India, but across the globe. The company has standard configurable legal workflow being offered with users in many countries like the United States, Many parts of the APAC region and African nations too. The company now looks to make a foray in mature legal tech markets of US & UK to compete with the top names in this space like Thomson Reuters and LexisNexis with PracticeLeague’s advanced integrated legal solutions.
On the significance of technology and AI in the PracticeLeague solutions, Mr. Parimal Chanchani added – “Artificial Intelligence has a major transformational benefit for the Legal departments. The impact of AI-supported and AI-delivered legal technology solutions will highly position the in-house counsels to capacitate optimal performance.”
PracticeLeague is using Artificial Intelligence in Legal technology to help build a high-level knowledge base in the form of a repository to gain deep dive self and business awareness of Enterprise. The Machine will analyze, extract, summarize and derive key intelligence to identify critical risks and latent opportunities. The insights give the key information of Legal variables which is the ultimatum for Enterprise Legal Departments. Legal Departments can begin to use the augmented intelligence to create, plan, predict, strategize and optimize decisions at improved efficiency and effectiveness level of their enterprise. Repeated or complex matrices of information are recorded to make the future process easier.
“The company is also already exploring blockchain technology for Legal Contract Management” added Mr. Parimal Chanchani.