Legal AI research pioneer, ROSS Intelligence, has won another client in the shape of US law firm Sedgwick LLP. The AmLaw 100 firm will use ROSS’s natural language processing capability to improve the efficiency and productivity of its Creditors’ Rights and Bankruptcy group.
The move represents the continued growth of ROSS, which has built a large client base of US and international law firms, including global firm Dentons, ‘White Shoe’ firm Simpson Thatcher, as well as firms such as Bryan Cave and Lathan & Watkins.
Mike Healy, Sedgwick Chair, said in a statement: ‘We are excited to be on the cutting edge of new technology to provide superior and more efficient service to our clients.’
‘[We are] using AI to enhance our legal research, making it faster to analyse complex legal issues and to discover relevant ‘connect-the-dots’ information that otherwise might go unnoticed. This technology will allow us to best represent, protect and advance the interests of our clients,’ he added.
Sedgwick has offices across the US as well as London, UK, and has an affiliated office in Bermuda.
Andrew Arruda (pictured above), ROSS CEO and co-founder, added: ‘Working with Sedgwick is fantastic. It is a firm that prides itself on being ‘deliberately different’ and this attitude shines through in Sedgwick’s innovative attitude towards bringing in cutting edge tech in order to provide better service to their clients.’
Arruda continued that this latest deal is a sign of how the legal market is evolving.
‘[This] is a sign of where the legal industry continues to head, which is client-first, with efficient legal services delivered by the best in the business. The future is brighter than ever and we are proud to be the leader in bringing AI to law,’ he said.
The client win, which is a further sign of the rapid spread of AI technology across the world’s legal markets, closely follows that of elite New York firm Cravath Swaine & Moore and leading Australian firm Gilbert + Tobin, which both also signed up to Luminance.
The move into Italy constitutes another vote of confidence in the ability of the machine learning software to cater for multilingual and cross-jurisdictional document reviews.
‘We found that Luminance shortened the time spent on document review in due diligence by over a third, freeing lawyers for higher value work,’ said Yan Pecoraro, a partner at Portolano. ‘We foresee these improvements in efficiency helping us stay competitive in international M&A deals into the future.’
(Elsa Mikaelian contributed to this article.)
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