What is Fileread AI?
Fileread AI helps legal teams find case-critical facts 70% faster, transforming mountains of evidence into structured, actionable insights. It builds powerful fact memos, detailed chronologies, contradiction reports, with precise citations to source documents.
Problem
Legal teams spend a significant amount of time finding case-critical facts in massive amounts of evidence.
Drawbacks: Time-consuming process, inefficiency, potential risk of missing important details.
Solution
Dashboard tool for legal teams to streamline fact-finding process by generating fact memos, chronologies, and contradiction reports.
Core features: AI-powered fact finding, structured actionable insights, precise citations to source documents.
Customers
Legal teams, lawyers, paralegals, and legal researchers looking to enhance efficiency in analyzing evidence and extracting key facts.
Occupation: Legal professionals.
Unique Features
AI-powered fact-finding paired with human-powered analysis for thorough and precise results.
Speeds up the process by 70%, enabling quicker turnaround times for legal case preparation.
User Comments
Highly efficient tool that saves a lot of time for legal professionals.
Great AI tool for transforming evidence into actionable insights quickly.
Helps in creating detailed and organized fact-based documents for legal cases.
Traction
Growing user base with positive feedback on efficiency and accuracy.
Recently launched advanced features attracting more users.
Current revenue not disclosed, but significant user adoption observed.
Market Size
$437.6 billion: The global legal tech market size in 2021, projected to reach $20.8 billion by 2028.
Increasing demand for legal tech solutions due to the need for efficiency and accuracy in legal processes.