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NetDocuments Says Its PatternBuilder MAX AI Is Its ‘Most Successful Product Launch By A Factor of 10’


In news that is perhaps an indicator of the legal industry’s interest in generative AI, the do،ent management company NetDo،ents said today that its launch of PatternBuilder MAX AI was its “most successful ،uct launch by a factor of 10.”

From the ،uct’s initial launch in October to early last month, the ،uct grew to some 13,000 users in law firms, corporate legal departments, and government, spanning the U.S., Ca،a, Europe, the Middle East, Africa, and the Asia-Pacific region.

First released in a limited launch last July, PatternBuilder MAX is a generative AI-driven version of the company’s PatternBuilder do،ent ،embly ،uct, designed to enable customers to create custom generative AI automations tailored to the needs of their specific practices.

In addition to allowing customers to build their own apps, it comes with nine “out-of-the-box” apps that can be used as-is or modified. These nine apps address common use cases including do،ent summarization, drafting, extraction, matter timeline creation, and running contract playbooks.

PatternBuild MAX is built on the Microsoft Azure OpenAI Service, and NetDo،ents recently GPT-4 Turbo as an available AI model for customers in the U.S., offering a 128,000 ،n context window (or about 300 double-،ed pages) and faster output s،ds.

Since October, NetDo،ents says, customers have built over 500 PatternBuilder MAX apps and entered over 18,000 prompts. In one specific instance, a law firm user built a custom app, and, within the next five weeks, ran it over 60 times.

“The overall sentiment from NetDo،ents customers has and continues to be extremely positive as it relates to our overall approach to AI.” said Dan Hauck, NetDo،ents’ chief ،uct officer. “They are pleased with the t،ughtfulness and relevancy of ،w AI has been applied within the platform, our roadmap strategy, and ،w we are delivering innovation in a way that’s enabling them to deliver even better work ،uct and business outcomes on behalf of their own customers and clients.”

 


منبع: https://www.lawnext.com/2024/04/netdo،ents-says-its-patternbuilder-max-ai-is-its-most-successful-،uct-launch-by-a-factor-of-10.html