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Watson Glaser and Case Study Resources
Introduction to LawTech
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<blockquote data-quote="Jaysen" data-source="post: 133" data-attributes="member: 1"><p>Hey Jonty,</p><p></p><p>Good to see you on here. I'm very interested in this area and your thoughts. The bigger UK firms (and some US firms) appear to be racing to adopt new technologies/AI.</p><p></p><p>Let's take three of the magic circle: </p><p></p><p>A&O</p><ul> <li data-xf-list-type="ul">Built its own tech incubator, Fuse</li> <li data-xf-list-type="ul">Made an equity investment in Nivaura, the first company to join Fuse</li> <li data-xf-list-type="ul">One of its lawyers built MarginMatrix to handle derivatives compliance</li> <li data-xf-list-type="ul">It backed the Legal Innovation Centre at Ulster University which will train students on legal tech.</li> </ul><p>Clifford Chance</p><ul> <li data-xf-list-type="ul">400 lawyers are involved in its new tech group</li> <li data-xf-list-type="ul">Invested in Kira Systems for doc review/due diligence</li> <li data-xf-list-type="ul">Worked with Neota Logic for derivatives regulation and MiFID II</li> <li data-xf-list-type="ul">CC Dr@ft allows in-house clients to build their own contracts.</li> </ul><p>Linklaters</p><ul> <li data-xf-list-type="ul">Launched its own tech software, LinkRFI, to handle bank rinfencing reforms</li> <li data-xf-list-type="ul">Developed its own AI platform, Nakhoda, which is involved in DD. </li> <li data-xf-list-type="ul">Trialled AI software including Kira Systems and RAVN (I think they're competitors?).</li> </ul><p>Seems like they're taking it seriously. </p><p></p><p>What kind of posts did you have in mind?</p></blockquote><p></p>
[QUOTE="Jaysen, post: 133, member: 1"] Hey Jonty, Good to see you on here. I'm very interested in this area and your thoughts. The bigger UK firms (and some US firms) appear to be racing to adopt new technologies/AI. Let's take three of the magic circle: A&O [LIST] [*]Built its own tech incubator, Fuse [*]Made an equity investment in Nivaura, the first company to join Fuse [*]One of its lawyers built MarginMatrix to handle derivatives compliance [*]It backed the Legal Innovation Centre at Ulster University which will train students on legal tech. [/LIST] Clifford Chance [LIST] [*]400 lawyers are involved in its new tech group [*]Invested in Kira Systems for doc review/due diligence [*]Worked with Neota Logic for derivatives regulation and MiFID II [*]CC Dr@ft allows in-house clients to build their own contracts. [/LIST] Linklaters [LIST] [*]Launched its own tech software, LinkRFI, to handle bank rinfencing reforms [*]Developed its own AI platform, Nakhoda, which is involved in DD. [*]Trialled AI software including Kira Systems and RAVN (I think they're competitors?). [/LIST] Seems like they're taking it seriously. What kind of posts did you have in mind? [/QUOTE]
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