You’ll have observed of late that lots of your video conferences have an unfamiliar attendee — a gathering bot, invited by one of many human individuals, that produces a recording or transcript when the assembly is over. However whereas there are a number of such merchandise available on the market, none have been developed to fulfill the particular wants of authorized professionals.
That modifications at present with the beta launch of CoCounsel.ai, the primary legally nuanced assembly bot. It might be a part of a authorized occasion reminiscent of a deposition, listening to or arbitration, and it makes use of legal-specific AI speech-to-text to offer a legally formatted, extremely correct real-time transcript, together with options reminiscent of bookmarking, tagging and archiving.
“CoCounsel.ai is poised to turn into an indispensable asset for authorized professionals, successfully changing extra pricey, conventional analog stenographic real-time providers,” the corporate says. “With AI speech-to-text expertise that delivers legally formatted and extremely correct transcripts, attorneys can now take management of their depositions extra effectively than ever earlier than.”
CoCounsel.ai was developed by DepoDirect, a authorized expertise firm that gives AI-powered options designed to help attorneys in capturing and managing deposition supplies effectively and affordably. Earlier than at present’s launch, I used to be given an illustration of it by Todd Seligman, CEO; Michael Cantrell, head of product; Rob Cucurull, director of enterprise growth; and John Wnek, head of engineering.
Authorized Nuances
Whereas different industries have assembly bots of their very own, the nuances of depositions and different proceedings require a bot particularly tailor-made to the authorized business, Seligman instructed me.
“CoCounsel.ai marks the primary legally primarily based assembly bot that may be a part of a authorized occasion reminiscent of a deposition, listening to or arbitration, and supply a legally formatted real-time transcript, bookmarking, and an archive of all transcripts and recordings in a single place to collaborate with an legal professional’s total litigation workforce in actual time,” he stated.
Whereas the corporate says that CoCounsel.ai’s AI-generated transcripts and recordings usually are not meant to be the official report of a deposition or different continuing, they will present a simple and lower-cost different to analog stenographic actual time providers reminiscent of LiveNote, with the added advantages of a digital collaboration platform and archive.
Here’s a video:
That signifies that, in a deposition, CoCounsel.ai is most helpful for the attorneys representing the deponent, relatively than for the attorneys taking the deposition. By eradicating the necessity for a human stenographer to offer real-time transcription in a authorized setting, it provides value financial savings from decrease real-time web page charges, no setup charges, and no hidden expenses for added connections or stenographic providers.
“Usually, the opposing counsel doesn’t have a say wherein courtroom reporting company is used, so they can’t know if there will likely be an actual time stenographer accessible that may present a stay transcription,” Cantrell stated. “With CoCounsel.ai, an opposing counsel can seize the recording for themselves and get the advantages of a legally formatted tough transcript for his or her agency.”
Two states permit non-noticing attorneys to carry their very own recording gear to a deposition and one other 33 states permit it with prior discover, the corporate says. The opposite 15 states permit it with a stipulation.
How It Works
The legal professional utilizing CoCounsel.ai can schedule it upfront to attend a Zoom assembly or invite it on the fly. For attorneys, that signifies that they don’t have to undergo a court-reporting company to arrange the real-time transcription however can set it up instantly on their very own.
Schedule a gathering upfront or on the fly.
As soon as lively within the assembly, CoCounsel.ai generates a stay transcription, delineating the audio system, recognizing when the individuals are in colloquy or participating in query and reply, and formatting appropriately.
At any level, the legal professional can add a bookmark and remark to avoid wasting together with the transcription. A speaker tab permits the legal professional to edit details about every of the audio system and their roles (reminiscent of witness, legal professional or reporter). The transcript can also be absolutely searchable.
Add a bookmark or remark at any level.
As they demonstrated the product for me, I used to be capable of see the real-time transcription of our name, and it gave the impression to be extremely correct. The corporate is correct 90% or extra of the time, at as much as half the price of conventional stenographic actual time providers.
After the occasion is concluded, the platform supplies a same-day post-event viewer of the legally formatted tough transcript, synchronized to the video and audio, so it may be utilized by attorneys in getting ready their instances or for different depositions.
Within the post-event viewer, the textual content and audio are synced.
Future plans for the product embrace including the power for others on the lawyer’s workforce to remotely watch the real-time transcription and likewise to observe and take heed to video and audio of the continuing.
The corporate additionally plans to launch generative AI options that can mix the stay transcript with displays and different paperwork associated to the litigation, all to offer a foundational base for querying and looking out and, down the street, presumably even for sentiment evaluation.
Though CoCounsel.ai has been developed by the distant deposition firm DepoDirect, it’s provided as a standalone product, with no requirement that prospects be customers of different DepoDirect merchandise.
The product is at the moment being provided in a closed beta. Anybody fascinated by collaborating within the beta can join the waitlist on the corporate’s web site.
Whereas the corporate has not set ultimate pricing, Seligman stated it is going to be priced on a SaaS mannequin and in a means that’s interesting to smaller corporations and that enables pass-through billing of prices to shoppers. There are not any set-up charges or per-hookup expenses.
