A Week in Legal Tech
DealWIP + AltaClaro Partner Together on Content Library
Dealtech company dealWIP and Ed Tech company AltaClaro have announced a product and marketing partnership between the two New York-based companies.
The companies will collaborate on a series of product integrations aimed at delivering AltaClaro’s premium legal learning tools and guidance content directly to dealWIP users within its deal workflow application.
The dealWIP Academy content library will include an expanding inventory of immersive practical guidance content targeted at transactional attorneys and others seeking to learn and quickly apply basic legal due diligence skills.
In connection with the partnership, AltaClaro’s nearly 40,000 users internationally will gain free access to dealWIP’s due diligence project management software. dealWIP users will gain free and discounted access to AltaClaro’s robust library of video modules, realistic practice simulations, virtual in-person learning sessions, and premium master classes in return.
dealWIP CEO, Tunji Williams, said: ‘We share a mutual commitment to delivering career-changing user experiences through software. We’re teaming up to provide critical, relevant and digestible knowledge content to busy professionals right at their point of need, on any given due diligence project.’
Wolters Kluwer Buys CLM Matrix, the Contract Lifecycle Platform, As Consolidation Continues
Wolters Kluwer has bought CLM Matrix, a provider of contract lifecycle management (CLM) software, as further proof of the legal tech market’s consolidation, especially around broad, enterprise-wide solutions.
The company said its acquisition enables Wolters Kluwer to offer a more comprehensive suite of technology solutions to ‘address the growing need of corporate legal operations departments to increase responsibility for, and oversight of, the contracting process’.
Jonah Paransky, Executive Vice President and General Manager for Wolters Kluwer’s ELM Solutions, said of the deal: ‘As corporations continue to increase demands on their legal operations, our clients require a contract lifecycle management solution that aligns with our current offerings.’
The new group will be added to the company’s ELM Solutions platform.
ContractPodAI Partners With Top Singapore-Based Firm
ContractPodAi has announced a new partnership with Rajah & Tann Technologies Pte Ltd, a member of Rajah & Tann Asia, a legal network spread over 10 countries in Southeast Asia and China, and based in Singapore.
The deal will see ContractPodAi used for its contract lifecycle management platform, which is part of what it offers users, in addition to its AI review capabilities.
Sarvarth Misra, founder and CEO of ContractPodAi, said: ‘We are delighted to welcome Rajah & Tann Technologies as our first regional partner in Southeast Asia and look forward to a fruitful relationship as we continue on our current 3x global growth curve. The timing couldn’t be better for us given the explosive rise of the legal tech sector currently in the region.’
Kim Technologies Releases New Version Of ‘Automation-as-a-Service’ Platform
The independent tech company, Kim Technologies, which has been closely associated with Riverview Law (which is now part of Big Four firm EY), has released a new version of its automation as a service system.
We often hear about Kim, but it’s fair to say not everyone knows what it does. Here’s the basics:
- Customers can configure Kim to combine intake management, work allocation (internal or external), self-service, document automation, creation and negotiation, dynamic case management, escalation and supervision, approval process and e-signature. All cases and documents are held in one repository in Kim and are fully searchable. Configurable live and trend dashboards support all these activities.
I.e. it helps you to handle the flow of work and provides a dashboard so you can see what’s going on and then take benchmarks from that data. Fundamentally it’s an operational tool, which can certainly be used to drive efficiency in corporate legal teams.
The new capabilities include:
- Enhanced dashboard and reporting functionality
- Improved email integration and capability
- Increased Playbook functionality
- Wider Microsoft Integration
- Upgraded Search features
Neota Logic Launches Templates Library + Showcases Product Prototype System
Neota Logic’s latest release includes Templates Library, a library of pre-built applications and functions that customers can use immediately, i.e. so they don’t have to build every expert system they want to make totally from scratch.
Templates introduces two new concepts:
Quick Start Apps– template apps that address a specific use case, such as matter intake for a corporate legal department, that can then be quickly adapted to a customer’s specific processes and context.
Building Blocks– re-usable components addressing a specific Neota function, such as displaying a preview of a generated document, that can be rapidly incorporated into an application.
The company has also set out what its upcoming N 10.0 release will offer – which includes a prototyping capability called Canvas.
Canvas is ‘designed for subject matter experts to prototype ideas in an intuitive ‘drag and drop’ environment that requires no training to use. Applications that require further development can then be automatically transferred across into Studio, Neota’s flagship application authoring environment, for development into comprehensive applications.’
All in all, useful additions that will help speed the adoption of expert systems across the legal market.
Julian Uebergang, Neota Logic’s Head of Product, added: ‘Our mission at Neota Logic is to offer the most comprehensive AI automation platform for professional services and these new enhancements, which have been designed via close consultation with many of our customers and our Client Advisory Boards, will continue to support that mission.’
And Finally, San Francisco Says No To Facial Recognition
The San Francisco Board of Supervisors passed the Stop Secret Surveillance Ordinance this week, which makes San Francisco the first city in the United States to prohibit government use of facial surveillance systems.
It is understood that systems will still be allowed to continue to operate in high security areas such as airports, but the ban means the City Council will not be rolling out the tech across other public areas, or letting any City-operated agencies use the tech.
It’s presumed that private companies can still use the tech inside their businesses, but this remains an important move that sends a message to those seeking to install facial recognition systems in all public places.
Campaigners had noted that the systems can often be inaccurate. Though, for Artificial Lawyer it would seem that the biggest impact will be when it is accurate.
Good accuracy would mean the reality that once a person’s face has been identified by such a system, they are then effectively under surveillance for the rest of their lives within that city.
If such tech were rolled out nationally, then in effect all identified people would truly live in a surveillance environment. Some may not mind this end of public freedom, but Artificial Lawyer has to say that there is something very unsettling about it.
Several other US cities are also planning or considering similar bans.
Would be interested to know what you think? Artificial Lawyer, as you all know, is a strong advocate of AI technology, but that does not mean it gets a pass for every possible use case. Moreover, it’s not really ‘the AI’ part that’s at fault here – aside from the mis-identification errors – it’s the very much human part that thinks it’s OK to invade privacy like this. Let me know how you see things.
We appreciate the write-up on our partnership with dealWIP. Delivering education and guidance where and when it is needed (intelligent, contextual “push” vs. pull) is going to be a key element to the future of legal and professional learning, so we’re very excited about this initiative and the value it will deliver to DD stakeholders.