LEGALTECH PARTNERSHIPS, INVESTMENTS, AND LAUNCHES
Lexis Advance Bot to Provide Personalised and Conversational Research Guidance to Users
- LexisNexis plans to release a new tool, described as an “interactive intelligent agent”, in the next few months. The tool will be integrated with the Lexis Advance legal research solution. [Legal IT Insider, Mar 22]
Judicial Analytics Platform Launches Database of California Court Records
- Trellis Research, a judicial analytics platform that claims to have the most comprehensive database of California court records, is launching with $2 million in seed funding. [Above the Law, Mar 27]
DocuSign Invests $15m in Seal Software
- DocuSign has invested $15 million in Seal Software so DocuSign customers can use Seal’s technology for analyzing agreements. [Legal IT Insider, Mar 28]
Clause Launches App For Hyperledger Fabric Blockchain Use
- Clause, which connects legal contracts to blockchains, IoT, payment gateways, and APIs, has launched an app which can be integrated with the Hyperledger Fabric blockchain framework. [Artificial Lawyer, Mar 25]
LAW FIRM ANNOUNCEMENTS
ICLR Launches Research Lab to Promote Legal Data Innovation
- The UK Incorporated Council of Law Reporting (ICLR) has launched a research lab to leverage its archive of law reports in boosting legal innovation. [Legal Futures, Mar 28]
Allen & Overy Introduces Fuse Cohort 3
- Allen & Overy has announced the following legaltech startup as its new cohort members to enter Fuse, their collaborative tech innovation space:
- APIAX – a startup which builds tools to create machine-readable rules enabling customers to access complex financial regulations on a digital basis.
- DEFINE – a drafting tool that helps users to access defined terms and references in documents more easily.
- HIGHQ – a platform which provides social collaboration, secure file sharing, and project management.
- SCISSERO – a legal AI platform that reads, drafts, and marks up legal agreements on an automated basis. [Artificial Lawyer, Mar 28]
How Slaughter and May is Making Use of Legal AI Across the Firm
- Alex Woods, Head of Knowledge Management, and Jane Stewart, Head of Innovation at Slaughter and May has revealed that the law firm is using Luminance for bulk redaction in its document sets, training junior lawyers, due diligence, deal analysis, practice management, and regulatory compliance. [Artificial Lawyer, Mar 28]
OTHER LEGALTECH UPDATES
Norton Rose Fulbright Wins Most Innovative Technology Initiative
- Norton Rose Fulbright has received the most innovative technology award at the Lawyer European Awards 2019 for N-Accelerate, its home-grown technology for automating large volumes of complex documents. [Norton Rose Fullbright, Mar 22]