Product Overview of Blue J Legal
Blue J Legal is a cutting-edge, SaaS-based legal and tax research and analysis platform that leverages artificial intelligence (AI) to assist tax professionals in making informed and accurate decisions. Here’s a detailed look at what the product does and its key features.
What Blue J Legal Does
Blue J Legal is designed to help tax professionals, including corporate tax specialists, accountants, and tax lawyers, by providing predictive analytics and comprehensive tax research capabilities. The platform uses AI to analyze vast amounts of case law, rulings, and tax legislation, enabling users to predict the likely outcomes of tax controversies with a high degree of accuracy, typically above 90%.
Key Features and Functionality
Predictive Analytics
- Tax Foresight: This feature allows users to input specific scenarios and receive predictions on how courts are likely to rule, based on historical case law and rulings.
User Interface and Workflow
- Question Answer Module: Users fill out a questionnaire with up to 27 questions focused on key factors that drive the outcome of a case. The system can still provide results even if up to three questions are skipped.
- Scenario Testing: Lawyers can model best-case and worst-case scenarios to prepare for different outcomes.
- Memo Generation: The results are presented in a memo format, explaining the predicted outcome and supporting case law.
Comprehensive Research Tools
- Case Law Access: Blue J includes a comprehensive set of curated case law and federal tax cases, enabling deeper and more nuanced tax research.
- Authoritative Database: The platform offers an authoritative database of tax content, updated daily, which includes primary and secondary source materials, case law, and statutes curated by legal experts.
Efficiency and Speed
- Verifiable Answers: Users can obtain verifiable answers to tax questions in seconds, with inline citations and sources included. The platform also allows for follow-up questions and suggests additional sources.
- Expedited Drafting: The system can transform research into well-founded drafts quickly, enriched with detailed case analysis.
Collaboration and Sharing
- Shareable Documents: Reports and memos can be shared internally, downloaded as configurable PDFs, and include an audit trail. Users can also add their firm’s name to the documents.
Support and Security
- Dedicated Support: Blue J offers an online help center, dedicated customer representatives, training on demand, and usage reporting and insights.
- Security Compliance: The platform is SOC 2 compliant and provides a secure environment with custom Single Sign-On (SSO) options and a security walkthrough by Blue J’s experts.
Additional Capabilities
- Ask Blue J: This feature leverages the latest large language models to answer tax questions quickly and accurately. It is particularly notable for its integration with KPMG UK, where it is used exclusively to predict tax scenario outcomes and reduce the time spent on administrative aspects of tax cases.
Overall, Blue J Legal is a powerful tool that combines AI-driven predictive analytics with comprehensive legal and tax research capabilities, significantly enhancing the efficiency and accuracy of tax professionals’ work.