NLPatent Launches AI-Driven Patent Monitoring Tool

NLPatent, a pioneer in AI-driven patent tech for lawyers, is launching Monitor, a new patent monitoring tool ‘that sends tailored and context-rich alerts straight to your inbox’.

Monitor will be ‘highly customizable and provide tuneable alerts to customers’, along with attached information on why each alert matters to you, based on your preferences. The Canada-based company’s new feature is LLM-powered and has been refined by the company’s engineers for patent work.

All well and good, so what does it do? Here are some of its key features:

  • Monitor users receive contextually relevant alerts accompanied by comprehensive explanations detailing why each alert is significant, as well as the similarities and dissimilarities between their monitoring prompt and alerts;
  • You can fine-tune the sensitivity threshold for the alerts,
  • Configure the universe of patents you wish to monitor, and set alert frequency preferences,
  • And then share with your peers.

NLPatent said that the tool was beta-tested by a group of customers from leading law firms, corporations, and research universities, ‘whose feedback was instrumental in shaping the platform’s features’. Some beta testers even identified new use cases that hadn’t been considered during initial development, they added.

A screenshot of part of the Monitor UI.

Stephanie Curcio, Co-founder and CEO, told this site: ‘We’re thrilled to introduce NLPatent Monitor. Traditionally, patent monitoring relied on keyword searches, often leading to irrelevant results and consuming valuable time. With NLPatent Monitor advanced AI and user-driven insights come together to enable automatic monitoring of patent portfolios or user-defined technology areas.

‘The tool delivers fewer, more targeted alerts with strategic, context-rich insights, including a relevance score (e.g. low, medium, high) and a clear explanation of why each alert matters. It’s a significant leap forward in helping organizations make faster, more informed IP decisions, while unlocking new workflows for better competitive analysis.’

The new capability builds upon NLPatent’s already well-developed search offering, which Artificial Lawyer explored in this AL TV Product Walk Through earlier in the year. Press Play to watch/listen inside the page.

AL TV Product Walk Through, 2024.

As noted previously by this site, LLMs are a real benefit to patent work due to their ability to grapple with language at a conceptual level. Keywords only get you so far, so LLMs and their capability around looking for ideas across variable language is potentially very useful for patent lawyers. And as seen above, it can then be leveraged across areas such as search, and now also for alerts.