An artificial intelligence (AI) lawtech start-up which claims its product can predict how courts will rule in tax cases with 90% accuracy, in on course to expand into this country. The Canadian company hopes to exploit the similarity of the tax systems in Canada and England and Wales.
A web-based service which uses artificial intelligence (AI) rather than lawyers to give business clients crucial information about their contracts – and already works with Deliveroo – has secured a second round of funding from high-profile investors.
Leading London law firm and alternative business structure Mishcon de Reya yesterday announced the creation of an incubator for lawtech start-ups, with the founder saying it was less about investment than helping to change the firm’s culture to embrace technology.
Parliament could harness the power of technology to provide a system to lawmakers that gives them the ability to test speculatively the knock-on effects of legislative changes while they are considering bills, according to IT guru Professor Richard Susskind.
Online wills start-up Farewill hopes to motivate people to make wills by attracting them with simplicity and branded design rather than extensive add-ons. The founders of property website Zoopla and short-term loans business Wonga, together with the tech investment arm of advertising agency M&C Saatchi Plc, have backed the venture.
National direct access chambers Clerksroom is to offer clients pay-as-you-go video conferences with barristers by the end of this year, it has emerged. Clerksroom has also won a place in the final of Disruptive Tech TV’s sales pitch competition – recruiting one of the judges as a client in the process.
The case of three men charged with insider trading based on information they hacked from prominent US law firms “should serve as a wake-up call for law firms around the world”, a New York prosecutor has said.
Lord Chief Justice looks ahead to AI predicting case outcomes and IT taking over some of lawyers’ work
Artificial intelligence will likely be better at predicting the outcome of cases than the most experienced QCs, the Lord Chief Justice has warned. He also flagged changes that would see unbundling, outsourcing, and lesser-qualified staff assisted by technology taking over some of the work now done by lawyers.
Law firm employees could be clamouring to take anti-money laundering training, if a business that has applied computer game technology to training in a subject not normally described as ‘fun’ successfully gains traction. In the latest of our features on lawtech start-ups, we profile a company using games as the model for designing training courses.
Lesbian, gay, bisexual or transgender people around the world will be able to report incidents of persecution to international lawyers stealthily through everyday social media, after a hackathon backed by some of the largest UK law firms devised an app.