Legatics, the well-known transaction management platform, has launched a Model Context Protocol (MCP) server. This will allow your ‘AI assistants or agents to connect directly to live Legatics deal data’, creating a unified system for transactions.
The move follows last week’s launch of the company’s own VDR-lite capability, which sits within the platform. They added that by doing this ‘Legatics becomes a transaction infrastructure layer for humans and AI’. I.e. you have your legal AI tools, you have Legatics, you have your deals – all together in one ecosystem.
Rob MacAdam, Chief Product & Strategy Officer at Legatics, commented: ‘Most AI tools cannot tell you what is actually happening on a specific deal. They can answer general legal questions. They can review a document you put in front of them. They cannot tell you what is outstanding on your matter, what the signing status is or what the next step should be. That is because they do not have the context.
‘The MCP server is how that context gets to AI, securely and in real time. This is where people and agents work together on transactions, and it is the key unlock for the transaction infrastructure we are building.’
And here’s an overview of the key elements:
- ‘AI access to live deal data. AI assistants connected to Legatics can answer matter-specific questions from current information, not static exports.
- Insight from deal data. The same connection gives firms structured access to their own deal data, so they can ask questions across matters, see how transactions are being delivered and make better-informed decisions on staffing, process and where AI tools add value.
- Vendor-neutral by design. The MCP server works with any AI assistant or agent that supports the Model Context Protocol, including tools from leading legal AI providers. Firms can connect the AI tools they use today and change them later without rebuilding anything.
- Enterprise-grade access controls. The server uses OAuth 2.0 with PKCE authentication, with scoped permissions per AI application, full audit logging and immediate revocability through the Legatics Admin System.
- Read access across the platform. The initial release exposes information across matters, List Management, Signing Management, Binders and data rooms to authorised AI tools, with write actions coming soon.
- Included for all customers. The MCP server is not an add-on and has no additional cost. It is available to every Legatics customer.’
They noted that while it will start with ‘read access’, they want to offer the ability ‘to write’, or as MacAdam put it: ‘This is the first step, not the last. Read access gives AI an accurate picture of the deal. Write access will let it move the deal forward. The transaction is the unit of work, and that is the level AI should operate at.’
An interesting move and strategically smart, as it allows Legatics to keep its focus on deal management while staying connected to the wider and fast-developing legal AI field.
More about Legatics here.
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