LAW FIRM INNOVATIONS
5 Law Firms That Became Software Developers This Fall
- O’Melveny & Myers: Starting in January 2019, the law firm will use its game-based recruiting platform, Pymetrics, to recruit attorneys. The platform evaluates job seekers on a cognitive, social, and emotional level. Using the tool, the firm hopes to produce a spike in the number of diverse attorneys in their recruiting pipeline.
- Chapman & Cutler: The firm sold its document automation solution, Closing Room, built in-house to NetDocument and is now exploring the possibility of a non-law subsidiary to help it compete with legaltech startups.
- Stanley Law Offices: The law firm launched the Stanley Law GPS System, an online app that provides real-time access to letters, dates, appointments and other key documents for the attorneys.
- Eversheds Sutherlands: The firm recently rolled out Idea Drop, an idea management software, that allows employees from its global offices to like, rate, and share ideas via a desktop or mobile app.
- Mills Oakley: The Melbourne, Australia based firm plans to invest into a legal tech startup called ConvX, that uses AI to interact with banks and government agencies and streamline conveyance transactions. [Legaltech News, Nov 28]
Dentons Submits Results of Research Into the Development of Global Legislation in Robotics, AI and Cyberphysical Systems
- Dentons recently carried out large-scale research of the development of law and legislation on robotics, AI, and cyber-physical systems. The research was commissioned by the Competency Center for Statutory Regulation of the Digital Economy, which operates at the Skolkovo Foundation. It is the first such research done in Russia. [Dentons, Nov 28]
U.K. Legal Tech Association Created
- The Legal Tech Association for the U.K. (UKLTA) launched last week at the first Legal Technology North Conference, with over fifteen members joining the association within 24 hours. Membership consists of a diverse range of companies with an interest in the legal sector, including law firms, barristers chambers, technology companies, and Specialist Conveyancing Regulator – the Council for Licensed Conveyancers. [Today’s Conveyancer, Nov 28]
OTHER LEGALTECH UPDATES
New Government Projects To Boost Legal Tech
- Three new research projects, commissioned by U.K. Business Secretary Greg Clark, will investigate how businesses can make the best use of AI in insurance and law. The projects are backed by £3 million investment through the Industrial Strategy Challenge Fund. Focus areas will include: underwriting, claims processing, and speeding up the process for customers using AI. It will also investigate how to develop skills, training, and codes of practice. [Business Cloud, Nov 28]
LEGALTECH EVENTS AND CONFERENCES
Lexpo’19 – Legal Innovation At Its Best
The Lexpo’19 conference will take place on April 8 – 9, 2019 in the Netherlands. The conference plans to provide a comprehensive overview of the cutting-edge trends that will be high on every law firm’s agenda in the coming years.
British Legal Technology Forum’ 19
The British Legal Technology Forum, one of the largest legal IT events in Europe, will take place in London on March 12, 2019. The conference plans to focus on the future of digital innovation and augmented reality, tech innovators, the accelerators, AI, and Law Firm Automation etc.