Introduction

The use of artificial intelligence (AI) is becoming increasingly popular in the legal sector. AI-powered apps are being used to automate legal processes, such as contract analysis, document review, and even debt collection. Intrum Justitia is a leading provider of debt collection services and has recently developed an AI app called Legalese Decoder to help its clients better understand their legal obligations. In this article, we will explore how the Legalese Decoder app can help Intrum Justitia’s debt collectors more effectively manage their clients’ debts.

What is Legalese Decoder?

Legalese Decoder is an AI-powered app developed by Intrum Justitia to help its debt collectors better understand their clients’ legal obligations. The app uses natural language processing (NLP) technology to analyze contracts and other legal documents and provide clear explanations of the terms and conditions contained within them. This helps Intrum Justitia’s debt collectors quickly identify any potential issues or ambiguities that may arise during the collection process.

How Does Legalese Decoder Help Debt Collectors?

Legalese Decoder can help Intrum Justitia’s debt collectors in a number of ways. First, it can provide a clear explanation of the terms and conditions contained within a contract or other legal document, which can save time and money by reducing the need for costly legal advice. Second, it can identify any potential issues or ambiguities that may arise during the collection process, which can help ensure that all parties involved are aware of their rights and obligations under the agreement. Finally, it can provide real-time updates on changes in legislation or case law that may affect a particular case, allowing debt collectors to stay up-to-date with any relevant developments in their field.

Statistics on Legalese DecoderÔÇÖs Effectiveness

Since its launch in 2020, Legalese Decoder has been used by over 1 million users worldwide and has helped reduce contract analysis time by up to 80%. Additionally, it has helped reduce costs associated with seeking external legal advice by up to 70%. Finally, it has been credited with helping Intrum Justitia’s debt collectors resolve cases faster than ever before ÔÇô with an average resolution time of just 15 days compared to 30 days previously.

Conclusion
Intrum Justitia’s Legalese Decoder app is revolutionizing the way debt collectors manage their clients’ debts by providing them with clear explanations of contractual terms and conditions as well as real-time updates on changes in legislation or case law that may affect a particular case. The app has already proven effective in reducing contract analysis time and costs associated with seeking external legal advice while also helping resolve cases faster than ever before.