Creating and negotiating legal documents and contracts usually requires legal expertise which can be prohibitively expensive for small businesses and unlawyered individuals.
Accessing what’s in a contract and knowing which contracts have been signed is complicated because of the traditional text/pdf structure of documents.
Legislate is helping bring structure to documents thanks to knowledge graph technology. Legislate is also improving the visual representation of contracts with knowledge graphs to allow non-lawyers to better understand their rights and obligations as well as other implicit information which can be derived from contract data using reasoning.
Legislate is used by small businesses, landlords, letting agents and individuals who can’t justify the cost of using a lawyer to create and negotiate contracts. Small businesses use Legislate to create and manage employment documents and non-disclosure agreements. Property businesses use Legislate to create and manage tenancy related documents.
Legislate uses knowledge graphs to model contracts and legal expertise as rules to empower non-lawyers to create lawyer-approved contracts by themselves. Using a knowledge graph to model contracts unlocks additional benefits for managing documents at any point in their lifecycle.
By knowing exactly what terms are in a contract and where they are, Legislate contracts are highly searchable, know how they connect with each other and can aggregate statistics which would otherwise need to be manually extracted and calculated in a legacy spreadsheet.
Legislate’s knowledge graph contract metrics give deeper insight into a portfolio of a landlord or a small business owner.
For example a property owner can see how much rent they are earning each year from all their properties as well as the distribution for their properties and corresponding rental prices. Employers can better understand their real time payroll across employees, interns and consultants.
About the speaker:
With a strong background in Maths, Vaishali Raghvani deals with Legislate’s knowledge graphs first hand, and has been responsible for them since they were first incorporated into the platform. Vaishali’s first encounter with Knowledge Graphs and semantic technology was through Legislate and she has really enjoyed learning how to maximise their potential. ---
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