In the ‘Innovator’s Dilemma’, the Harvard Business School professor, Clayton Christensen, states that the best route to success is to listen to your clients, but at the same time the problem is that listening to your clients is also one of the main reasons why businesses fail, especially in the field of technology. How can that be and what does that have to do with law firm innovation? Read on. …
StructureFlow is different to many other legal tech companies. This is because it operates in a graphical world of visually representing how lawyers work. Perhaps the easiest way to explain StructureFlow is to say it helps lawyers create an interactive image of what a deal looks like, what is contained in that deal in terms of links to documents, and what stage the parties are at in the transaction. …
Last night the final stage of the European Women of Legal Tech Awards 2020 took place, with 50 winners named across five categories. Here is the full list of winners for the awards. …
As part of a continued show of support for the legal tech sector, the UK Government, through the UK Research & Innovation (UKRI) body and …
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. …
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