June 29th: “AI not delivering for poorest” says technology reality check
Dan Bindman writes in Legal Futures that “Artificial intelligence (AI), chatbots and hackathons may be developments that have great potential or are delivering exciting commercial applications, but they are ‘spluttering’ at present in the field of access to justice”, according to leading digital justice campaigner Professor Roger Smith OBE.
Professor Smith was commissioned to prepare the latest annual report on Digital delivery of legal services to people on low incomes for The Legal Education Foundation.
According to Guy Beringer, Chairman of Governors of The Legal Education Foundation:
“We hope that the Report will stimulate others to let us know of advances that they are making or are aware of others making in this important area of using information technology to provide low cost legal service to people. These developments are not a magic bullet but taken together they can make a difference to the lives of a lot of people. We intend to update the Report on an annual basis as a record of developments in the provision of IT based legal service.”
June 28th: Everlaw raises $25 million in series B funding round
Everlaw is a cloud-based e-discovery platform that helps lawyers organise and search through documents, videos, emails, and pictures exchanged between legal teams before a trial.
June 27th: 5 Tech Startup Leaders On Revolutionizing The In-House Legal World
Write up of a recent LawGeex-hosted Webinar, The Startups that Revolutionized the In-House Legal World which focused on five startups: Leverton (contract due diligence); LawGeex (contract review automation); Onna (eDiscovery); Neota Logic (expertise automation) and Logikcull (eDiscovery).
June 21st: What the Seal $30m Investment & DocuSign Deal Mean
June 21st: AI may be the solution, but it’s lawyers that know the questions to ask
20th June – Barclays Eagle Lab legal tech incubator launches: here’s why you should embrace it
Speaking at the launch, Legal IT Insider reports that the Rt Hon Lord Keen said: “There is a law tech revolution happening all over the world and we want to make sure that the UK leads it.”
19th June – Slaughter and May confirms it will launch a legal technology incubator within the next year
Slaughters head of technology Rob Sumroy told Legal Business: “We are now firmly on the path of designing a second incubator, which will be based on the first one, but will be more focused towards legal tech. When we created fintech Fast Forward, we were open to legal tech applicants, but some of the legal tech start-ups have shied away from applying to it.”
Slaughters holds a 5% stake in Luminance – an AI platform that reads and understands contracts and other legal documents.
18th June: Email security startup Tessian raises $13M led by Balderton and Accel
18th June: Grants of up to £4 million available to support LegalTech projects in AI and data
Two innovation competitions for Transforming accountancy, insurance and legal services with AI and data launched on 18th June offering grants of up to £4 million.
Also published on Medium.