AI at Formally

AI at Formally

AI at Formally

OUR INVESTMENT IN AI


At Formally, we recognize the profound ways Artificial Intelligence will shape the future of the legal industry.


AI driven platforms are the future and we remain steadfast in our commitment to investing in ethical AI at Formally. We believe that the responsible and conscientious integration of AI will revolutionize the way legal professionals interact, share information, and resolve complex legal challenges with their customers.


Rapid advancements in AI present a myriad of opportunities to enhance efficiency, accuracy, and accessibility within the legal sector. We are committed to investing in AI-driven tools that streamline document management, improve document analysis, manage compliance, and facilitate seamless collaboration between legal professionals and their clients. However, we also understand the potential risks associated with the misuse of AI in legal contexts. We therefore place great emphasis on developing ethical AI solutions that respect and uphold the principles of confidentiality, transparency, and human oversight.


We are committed to creating an environment that fosters continuous research, development, and reflection on the implications of AI in the legal domain. Our ongoing investment in ethical AI is an expression of our commitment to setting the highest standards for our platform, with the aim of ensuring the trust and confidence of legal professionals, clients, and stakeholders alike.


Through collaboration with experts in law, ethics, and AI, we actively work to create guidelines and frameworks to govern the responsible deployment of AI solutions within our platform. These guidelines serve as a foundation for the integration of AI technologies that respect privacy, intellectual property, and professional responsibility, while avoiding potential biases, errors, and misinformation.


We firmly believe that the future of the legal industry will be shaped by the convergence of human expertise and AI capabilities. As such, Formally will continue to heavily invest in ethical AI research and development, thereby elevating the legal profession to new heights of innovation and excellence. Our unwavering dedication to ethical AI ensures that our platform remains a reliable, secure, and transformative force in the world of legal technology.


OUR APPROACH


We believe that AI systems should be developed in a way that is transparent and accountable, and that they should be designed with their potential impact on individuals and society in mind.


One of the key aspects of our guidelines is the requirement for rigorous testing and evaluation of our AI systems. We believe that it is important to ensure that our systems are accurate, reliable, and free from bias, and that they are capable of making decisions that are fair and just for all individuals.

In addition to testing and evaluation, we also prioritize and support the development of AI systems that are explainable and interpretable.


We believe that it is important for individuals to understand how AI systems are making decisions, and for these systems to be transparent and accountable to their users. Finally, we recognize that the development and deployment of AI systems must be done in accordance with all applicable laws and regulations.

OUR INVESTMENT IN AI


At Formally, we recognize the profound ways Artificial Intelligence will shape the future of the legal industry.


AI driven platforms are the future and we remain steadfast in our commitment to investing in ethical AI at Formally. We believe that the responsible and conscientious integration of AI will revolutionize the way legal professionals interact, share information, and resolve complex legal challenges with their customers.


Rapid advancements in AI present a myriad of opportunities to enhance efficiency, accuracy, and accessibility within the legal sector. We are committed to investing in AI-driven tools that streamline document management, improve document analysis, manage compliance, and facilitate seamless collaboration between legal professionals and their clients. However, we also understand the potential risks associated with the misuse of AI in legal contexts. We therefore place great emphasis on developing ethical AI solutions that respect and uphold the principles of confidentiality, transparency, and human oversight.


We are committed to creating an environment that fosters continuous research, development, and reflection on the implications of AI in the legal domain. Our ongoing investment in ethical AI is an expression of our commitment to setting the highest standards for our platform, with the aim of ensuring the trust and confidence of legal professionals, clients, and stakeholders alike.


Through collaboration with experts in law, ethics, and AI, we actively work to create guidelines and frameworks to govern the responsible deployment of AI solutions within our platform. These guidelines serve as a foundation for the integration of AI technologies that respect privacy, intellectual property, and professional responsibility, while avoiding potential biases, errors, and misinformation.


We firmly believe that the future of the legal industry will be shaped by the convergence of human expertise and AI capabilities. As such, Formally will continue to heavily invest in ethical AI research and development, thereby elevating the legal profession to new heights of innovation and excellence. Our unwavering dedication to ethical AI ensures that our platform remains a reliable, secure, and transformative force in the world of legal technology.


OUR APPROACH


We believe that AI systems should be developed in a way that is transparent and accountable, and that they should be designed with their potential impact on individuals and society in mind.


One of the key aspects of our guidelines is the requirement for rigorous testing and evaluation of our AI systems. We believe that it is important to ensure that our systems are accurate, reliable, and free from bias, and that they are capable of making decisions that are fair and just for all individuals.

In addition to testing and evaluation, we also prioritize and support the development of AI systems that are explainable and interpretable.


We believe that it is important for individuals to understand how AI systems are making decisions, and for these systems to be transparent and accountable to their users. Finally, we recognize that the development and deployment of AI systems must be done in accordance with all applicable laws and regulations.

GUIDELINES

The guidelines below are designed to ensure that our systems are compliant with all relevant legal and ethical standards, and that they are developed and used in a way that is consistent with our values and mission.

NO LEGAL ADVICE

We understand that legal advice should only be provided by licensed lawyers. Therefore, our AI systems should not and cannot provide legal advice. AI may support users in a legal context, but only if it is accompanied by appropriate checks and balances, such as a human lawyer overseeing the process.

DRAFTING, NOT CRAFTING

We believe that AI-generated documents should be treated as drafts. When providing AI-drafted documents (e.g., letters, job descriptions) to end-users, a warning will be included to emphasize the draft nature of the content.

LAWYER IN THE LOOP

We recognize the importance of having a lawyer review each AI-generated legal document. Therefore, AI may be used for legal drafting only when a lawyer reviews each document.

Rule of PI: Use the API for IP and PII

We understand that sensitive data, including user data or internal company IP, must be handled with great care. Therefore, we carefully review the terms and privacy standards of any APIs and models that we use to ensure the security of sensitive data.

ETHICS REVIEW

We believe that conducting an internal ethics review for each new AI feature launch is essential. We regularly consult and update this ethical AI guideline document during the review process to ensure compliance and adherence to best practices. We evaluate products based on their privacy policy, respect for intellectual property and professional responsibility, and products that make a concerted effort to address and correct potential biases, errors, and misinformation.


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