FIGHTRIGHT Technologies, a ground-breaking litigation funding startup, is poised to reshape India's legal landscape by harnessing the power of artificial intelligence (AI) and machine learning (ML). With its state-of-the-art proprietary technology, the company seeks to democratize access to justice and support individuals and businesses in navigating India's intricate legal systems.
Navigating India's legal landscape, which is notorious for its complexity, is challenging due to the sheer number of laws and regulations. Affordable legal representation is a significant obstacle for many citizens, particularly those without the financial means to endure protracted legal battles. FIGHTRIGHT Technologies aims to tackle this problem by offering litigation financing and sophisticated AI/ML tools to assist clients throughout their legal endeavours.
Through Litigation Funding, FIGHTRIGHT Technologies finances parties in commercial legal disputes on a non-recourse basis, receiving a share of the proceeds if the case is won or settled. This "pay only when you win" model enables parties with limited financial resources to pursue legal action they might otherwise be unable to afford or be forced to settle for a fraction of their entitlement.
Litigation funding presents an economically viable option even for financially secure individuals and corporates, as it addresses risk management by mitigating legal dispute risks through non-recourse funding, safeguards cash flow for core business operations or personal expenses, and offers off-balance sheet financing to maintain creditworthiness. Additionally, partnering with litigation funders grants access to valuable expertise, resources, and networks that can enhance the likelihood of success. Furthermore, litigation funders' rigorous case selection process ensures cost optimization by focusing on meritorious cases, while aligning the interests of both the funded party and the funder, motivating funders to actively support and provide resources for the case's success.
Central to FIGHTRIGHT Technologies is a proprietary AI/ML tool developed to navigate the intricate Indian legal landscape. This cutting-edge technology employs advanced algorithms to analyse and predict legal dispute outcomes, evaluating case viability and success probability. This data-driven approach equips the company to offer clients a comprehensive understanding of their legal options and guide them through India's complex legal system.
Beyond litigation financing services, FIGHTRIGHT Technologies is developing a generative AI legal assistance tool for widespread use. This innovative platform will grant users access to a vast legal knowledge base, enabling them to make well-informed decisions regarding their legal affairs. Designed to address a broad range of legal issues, this digital assistant will be available to users at an affordable price.
"India's legal system is primed for disruption, and FIGHTRIGHT Technologies is ready to spearhead the change," stated Nitin Jain, the company's founder. "Our goal is to democratize access to justice, ensuring people from all backgrounds can access the legal support they require. We believe our ground-breaking AI/ML technology and forthcoming generative AI legal assistance tool will make a significant impact on the Indian legal landscape."
About FIGHTRIGHT Technologies:
A trailblazing litigation funding startup, FIGHTRIGHT Technologies is dedicated to leveraging AI and ML to offer accessible and cost-effective legal support to individuals and businesses in India. Their proprietary AI/ML technology enables clients to traverse the complexities of the legal system, while their soon-to-be-launched generative AI legal assistance tool will empower users to access legal knowledge and make informed decisions.