Growing CLM platform, Agiloft, has boosted its NLP analysis capabilities, improving the ability to train the system which now recognises close to 100 legal concepts across multiple contract types. The move shows that the company’s AI strategy is very much to build its own NLP applications that will become an intrinsic part of the platform. …
Meet Capacity, a new application built and launched by Dentons associate William Dougherty. It helps law firms allocate work and increases junior lawyer autonomy over what they do. It could also potentially reduce unconscious bias in the way partners allocate work. …
Parley Pro is a collaborative contract management platform that has a wide range of capabilities, ranging from review and negotiation, to use of templates, to contract workflow management, to use of NLP for key data extraction from contracts, and more. …
The SALI Alliance, the US-based standards setting project, has launched the second iteration of its Legal Matter Standard Specification (LMSS), which will also include ways …
Office & Dragons (O&D), the ‘deal drafting’ startup, has received a £97,622 ($128,000) grant from the Government-backed Innovate UK agency to accelerate development of their Transaction Development platform, in what is another example of State-backed support for legal tech in the UK. …
Legal information pioneer, FromCounsel, and leading contract automation company, Clarilis, have partnered together to launch an M&A document suite that offers fully maintained, automated legal documents, together with comprehensive drafting guidance. Or, to put it more succinctly: they have combined content and automation. …
Digital transformation, especially in relation to inhouse legal teams, is something we hear about a lot. But what does it mean in real terms? What …
Case Study: Completing Reviews Twice as Quickly in Sell-Side Due Diligence – by eBrevia. Morris, Manning & Martin, representing the seller in a > $1 …
Meet Apiax, a regulatory information platform that has been in Allen & Overy’s FUSE innovation group and is seeking to provide a ‘one-to-many’ approach to …
Global law firm DLA Piper, in collaboration with its Aldersgate Digital Ledger Solutions (DLS) group, has launched TOKO, a blockchain-based ‘tokenisation engine’ that will provide …
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