Queensland based Aussie Legal Tech company Halisok specialises in the use of AI and machine learning to extract information from unstructured data. The Halisok platform allows users to apply the latest machine learning technology from Google, OpenAI and AWS to any email, Word or PDF document. Through the Law Tech Hub, Halisok has partnered with Aussie Law Firm, Lander and Rogers, to develop machine learning based products that will help law firms increase their productivity and lower their operational costs. To learn more, head to https://www.halisok.com/
US Legal Tech company, DraftWise, recently raised USD $5million in a capital raise, which included adding global law firm, Orrick Herrington & Sutcliffe, to its’ investor base. DraftWise is a contract drafting and review platform that has been created to allow use direct via Microsoft Word, enabling contracts to be drafted faster and easier. The platform also integrates with other practice management systems and knowledge resources. With this new capital, DraftWise will be 'doubling down' on its generative AI platform to provide firms with more secure AI tools than ever before. To learn more, head to https://www.draftwise.com/
Lander & Rogers recently announced a first-of-its-kind partnership with Monash University to explore the potential of AI in the legal industry. Stemming from a firm-wide survey that was conducted on the level of knowledge and understanding of AI, and following on from the success of their partnership with Monash on their Law Clinical Program, Lander & Rogers has now launched its' AI Clinical Placement Program in collaboration with Monash Law School. Led by Courtney Blackman from the Law Tech Hub, this partnership aims to uncover untapped potential and opportunities in AI advancement. To learn more, head to https://www.lawyersweekly.com.au/biglaw/37797-monash-university-partners-wi
With over 900 vetted legal professionals, LawFlex is a global leading resource company that partners with law firms, financial institutions, large corporates and startups, providing instant access to legal support and independent lawyers on a contract basis for remote and project-based services. Co-Founded by Zohar Fisher and Jackie Donner, and with operations based in Israel, Latin America, APAC and France, LawFlex provides law firms and corporations the ability to utilise a global pool of expert lawyers, affordably and quickly, enabling them to ‘flex’ up their knowledge pool when, and where, they need it. To learn more, head to https://lawflex.com/
US intellectual property software provider, Patented.ai, has secured $4million in pre-seed funding to further build out LLM Shield, a tool that blocks Large Language Models (like ChatGPT) from accessing sensitive legal information. Founded by Wayne Chang, LLM Shield enables individuals and companies to avoid inadvertently sharing personal identifying information and sensitive data with LLMs by using a proactive approach that filters data and protects against leaks. Funding will be used to improve platform capabilities and enable the company to continue developing AI-powered software to protect IP. To learn more, head to https://www.finsmes.com/2023/06/patented-ai-raises-4m-in-pre-seed-funding.html
The Times recently published their ‘UK Startups to Watch’ list, and legaltech startup Robin AI was featured! Described as a ‘lawyer-in-the-loop’, RobinAI enables legal teams to automate manual contract tasks and edit mass volumes of documents. Founded by former lawyer Richard Robinson, and combined with expertise in machine learning and data science knowledge from James Clough, Robinson claims that their AI software has already ‘cut the cost of reviewing a contract by 86 per cent’ and likens his tech to providing its customers with the ability to make ’the average driver a Formula One driver’ - https://www.thetimes.co.uk/article/uk-start-ups-to-watch-sunday-times-100-p8p2bstjp
