Litigation analytics startup, Solomonic, has teamed up with specialist construction and energy law firm, Fenwick Elliott, to build out the legal tech company’s predictive capabilities. …
Last year, Big Four firm EY bought Pangea3 from Thomson Reuters as part of a major strategic play to rapidly build up its Legal Managed Services (LMS) arm. Artificial Lawyer spoke to John Knox, the new head of the LMS group about its business model and where it is headed now. …
Knowledge is not a static asset. And for organizations like law firms, professional services entities, legal departments, and others where know-how and knowledge is the work product they are trading on, it’s critical to be able to find, access, and act on the ever-increasing stores of collective knowledge with speed and accuracy. …
Meet Syntheia the new knowledge platform for lawyers that provides a range of capabilities, from NLP-driven knowledge management (KM), to contract review and drafting assistance. …
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 …
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