6.2 Legal Opinion

This topic provides systematic instructions about procedure to add external legal opinion.

Click Next in the Legal Opinion - Collateral Summary screen, the Legal Opinion data segment is displayed.

Figure 6-3 Legal Opinion

Description of "Figure 6-3 Legal Opinion "

To capture the Legal Opinion for the collateral:

1. Click the action icon in the collateral record and select Edit.
   The Legal Opinion - Configure - Collateral Type screen is displayed.

   Figure 6-4 Legal Opinion_Ship

   
   

   
   Description of "Figure 6-4 Legal Opinion_Ship"

   
   
2. Click Next and navigate to the Legal Opinion menu.

   Figure 6-5 Legal Opinion _Configure

   
   

   
   Description of "Figure 6-5 Legal Opinion _Configure"

   
   
3. Click the add icon in the Legal Opinion - Configure - Legal Opinion screen.
   The External Legal Opinion Details screen displays.

   Figure 6-6 External Opinion Details

   
   

   
   Description of "Figure 6-6 External Opinion Details"

   
   

   For more information on the fields, refer to the field description table below:

   Table 6-1 External legal Opinion

   Field	Description
   Agency	Specify the agency providing the legal opinion for the collateral.
   External Opinion Date	Select the date on which the legal opinion issued by the agency.
   Legal Firm Opinion	Displays the detailed legal assessment provided by the external agency.
   Final Recommendation	Displays the final recommendation from the legal opinion.

4. Click Ask Generative AI.
   The Generative AI screen displays.

   Figure 6-7 Generative AI

   
   

   
   Description of "Figure 6-7 Generative AI"

   
   

   For more information on fields, refer to the field description table below.

   Table 6-2 Generative AI

   Field	Description
   Generate	Click generate to analyze the selected documents and generate a draft legal opinion.
   AI Generated	Displays the legal opinion content automatically generated by the AI from the uploaded documents.
   User Edited	Allows the user to redit the AI-generated legal opinion.

   Note:

   The system automatically generates a Generative AI opinion. The user can edit the Generated AI text and update the details as required.

5. Click Proceed.
   The Legal Opinion Details screen displays.

   Figure 6-8 External Legal Opinion Details

   
   

   
   Description of "Figure 6-8 External Legal Opinion Details"

   
   
6. After capturing legal opinion details, click Next.
   The Legal Opinion - Configure - Questionnaire Evaluation screen is displayed.

   Figure 6-9 Legal Opinion_Questionnaire Evaluation

   
   

   
   Description of "Figure 6-9 Legal Opinion_Questionnaire Evaluation"

   
   

   Note:

   In the above screen, the questionnaires linked to the Legal Opinion stage in Business Process configuration are displayed. User can manage the questionnaire process linkage in Maintenance module.
7. Select answer for all the questions and click Submit.

   In case of multiple questions, the right arrow appears in the Questionnaire screen. Click the right arrow to view next question.

   Once the evaluation is completed, the system displays the overall score for evaluation in Questionnaire screen based on the score generated for each answer provided in the Questionnaire screen.

   User can click the Action icon in the tile and select Edit or Comment to modify the answers or capture comment for the evaluation, respectively.

8. After performing all the evaluation, click Submit.