Meet PatentPal, the Generative AI Startup For Patent Applications
7th November 2022 artificiallawyer Generative AI 1. Generative AI is an approach that is going to grow and grow in the legal tech sector, and PatentPal is part of this new breed of startups based on transformer technology. In this case it is able to automatically generate key elements of a patent application.
AG Proves LLMs Can Do Well On Due Diligence
Oct 8, 2024 · UK-based law firm, Addleshaw Goddard (AG), has tackled the challenge of using generative AI for large-scale tasks such as due diligence and found that LLMs can deliver high accuracy….if you use the right methodology. Due to issues related to the sheer scale of such matters many legal tech experts have tended to rely on …
GenAI Benchmarking Project: Virtual Workshop + Next Steps
10th October 2024 artificiallawyer GenAI Benchmarking Comments Off. After a successful meeting over the summer, the project to develop thinking around legal genAI accuracy is moving to the next stage, with a virtual meeting planned, along with appointments to help drive things forward. To explain more, here is an update from John Craske, head ...
FTI Consulting Launches Range of GenAI Skills – Artificial Lawyer
Oct 8, 2024 · Publicly-listed advisory group, FTI Consulting, has launched a range of genAI skills focused on ‘disputes, investigations, antitrust, and data breach responses’. It joins a growing number of businesses rolling out collections of LLM-driven capabilities for legal use cases. The new features will be branded ‘IQ.AI by FTI Technology’, and ...
LawGeex: The Inside Story of the Superlegal Restructure
Sep 12, 2022 · Contract review pioneer, LawGeex, has split its business into two parts, the existing brand for large companies and a new entity for small ones: Superlegal. Artificial Lawyer spoke to CEO Noory Bechor about the changes that will see around one third of staff leave (see interview below).. First, some context. LawGeex has a special place in legal tech as it was arguably one of the first ‘legal ...
What Is Legal Tech Convergence + Why It Matters
30th September 2024 artificiallawyer Convergence Comments Off. Legal tech convergence is when companies that were once quite distinct in their offerings begin to look the same. Generative AI’s multiple capabilities are at the root of this evolution and it will change the market. Artificial Lawyer explores.
The Kira Systems Guide to AI-Driven Contract Analysis
Sep 19, 2019 · The Technology Behind Contract Analysis Software. Essentially, companies offering automated contract abstraction systems base their extraction systems on one of two very different technologies: Rules-Based Systems (aka, keyword search) A) This allows for the creation of manual “rules” (such as Boolean search strings) that describe the ...
Artificial Lawyer On Tour – Dates + Venues
Oct 14, 2024 · November 14th – NetDocuments Inspire EMEA, London – Likely just attending. November 21st – LexisNexis + Artificial Lawyer webinar – ‘Developing an Innovation Strategy’ – I’ll be chairing another webinar panel with leading experts that includes Hélder Santos at Bird & Bird and Shilpa Bhandarkar at Linklaters, and more. (RSVP ...
BREAKING NEWS: Law Company Elevate Buys Redgrave Data
24th September 2024 artificiallawyer M&A Comments Off. Elevate has today announced the acquisition of Redgrave Data. It follows the May acquisition of the CJK Group. Founders Mollie Nichols, Scott Culbertson, Dave Lewis, Mark Noel, and Lindsey Worth will all join the Elevate management team. Redgrave Data is a legal data and AI consulting and ...
Leya AI Assistant Bags $10.5m Seed Funding For Q&A, Review
May 16, 2024 · Legal tech startup Leya, which was only founded last year, has raised $10.5m in a Seed round led by Benchmark’s Chetan Puttagunta, who is also joining the board.Hummingbird, SV Angel and Y-Combinator also invested in the genAI multi-feature legal assistant. In a statement to Artificial Lawyer, Max Junestrand, CEO and co-founder, said: ‘Leya was built on the belief that the legal profession ...