Legal AI pioneer, Kira Systems, has become the first legal tech company – it believes – to develop a Differential Privacy capability which ensures that when clients share trained NLP models with others, confidential information cannot be discovered by ‘reverse engineering’ the software’s response to potentially sensitive documents. …
In what appears to be a world first, a Japanese law firm – Nishimura & Asahi – has invested in a foreign legal tech company: in this case ‘app store’ Reynen Court. The move is far more significant than just the money the company will receive, and indicates a new level of interest in legal tech in Japan – the third largest economy in the world – but which has only recently started to show enthusiasm for integrating tech into legal work processes. …
Neota Logic has been part of the legal tech landscape for a decade now and has been evolving steadily. Today it is a multi-capability platform that goes far beyond the expert system applications it is perhaps best known for. Hence the question: Think you know Neota Logic? Think again. …
Legal AI company, Ayfie, has closed its key German base in Munich, losing the company’s new CEO in the process, as part of a radical cost cutting drive to improve profitability of the now publicly-listed company. The unexpected move will see around 10 job losses. …
Legal AI doc analysis company, Luminance, has filed its accounts for 2019, showing that the fast growing company saw revenues last year of £2.356m, ($3.12m) – but also booked an operating loss of £5m ($6.62m). The figures paint a picture of successful global expansion, but also a business model that is rapidly burning through funding and generating only a modest average income per client. …
As Artificial Lawyer wrote in October, Hg – the owner of Litera – has made a major investment in international legal tech and legal sector …
Yesterday, Artificial Lawyer covered the news that Thomson Reuters had launched its own marketplace, which will promote not just products and templates built within the company, but also market other legal tech companies and the services of professional firms, such as KPMG. But how does it all work? Artificial Lawyer dug into the Terms & Conditions to find out. …
The International Bar Association (IBA) and legal tech company Jus Mundi have launched a worldwide collaborative partnership to collect non-confidential commercial arbitration awards and make them easily accessible to the global legal community, in what is an important data-sharing project. …
In a surprise move, Thomson Reuters has today announced two new offerings, Thomson Reuters Marketplace and Thomson Reuters Legal Home. Thomson Reuters Marketplace, still in …
Legal tech platform, Onit, which has a focus on enterprise workflow solutions and CLM, has bought legal AI company McCarthyFinch, as it embarks on a major expansion drive into the doc review market. …
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