LegalMind System and the LLM-based Legal Judgment Query System

LegalMind-GPT represents a notable advancement in legal technology, specifically tailored for the finance sector. This research paper introduces LegalMind-GPT, a system that integrates Large Language Models (LLMs) to develop a Legal Judgment Query System for financial legal contexts. The study focuses on the application of LLMs, particularly LLAMA-2, Claude AI, and FLAN-T5-Base, for interpreting and analysing complex legal documents in finance. The aim is to evaluate the system’s effectiveness in providing accurate legal judgments and insights. The comparative analysis of these LLMs shows that LegalMind-GPT, powered by these models, significantly improves the accuracy and efficiency of legal analysis in the finance domain.