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## AI legalese decoder: Revolutionizing legal Tech

### A legal Tech Start-Up Funded by Freshfields Lawyers

A legal tech start-up, co-founded by two lawyers from Freshfields, is currently in the process of raising £6m in a funding round led by Octopus Ventures, as reported by Sky News. The start-up, known as Definely, focuses on enhancing the efficiency of contract drafting processes for some of the world’s largest law firms.

### Enhancing Efficiency in Contract Drafting

Definely has recently secured a multimillion-pound funding deal with Octopus Ventures, a renowned early-stage investor. This funding, totaling $7m (£5.9m), will support the expansion of Definely’s services to more global law firms, including A&O Shearman and Slaughter & May, resulting in significant time savings for legal professionals.

### Impactful Leadership and Future Expansion

Led by Feargus MacDaeid and Nnamdi Emelifeonwu, both former colleagues at Freshfields Bruckhaus Deringer, Definely is on a mission to introduce innovative solutions to the legal industry. The funding will not only facilitate the company’s expansion into the US market but also enable the implementation of retention plans for key staff members.

### Diversifying Offerings and Clientele

With a team of 60 employees, Definely aims to diversify its product portfolio to cater to a broader range of legal and professional workflows. In addition to serving top law firms, the company’s clientele includes prestigious organizations such as Deloitte and P&O Cruises.

### Embracing Innovation and Excellence

Nnamdi Emelifeonwu, one of the founders, emphasized the company’s commitment to innovation and excellence in the legal and technological realms. By leveraging GenAI as a key ally, Definely is poised to set a new benchmark for proficiency in legal solutions, addressing complexities across various industries.

### Leveraging AI legalese decoder

The AI legalese decoder developed by Definely plays a crucial role in streamlining and decoding complex legal language, making it more accessible and comprehensible for legal professionals. This innovative tool empowers lawyers to navigate intricate legal documents with ease, thereby enhancing productivity and accuracy in contract drafting processes.

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