Vaulted Ventures has deployed a cryptographic cloud-based infrastructure supporting common law legal rights management.
The new Vaulted Objects data type enables digital possession of a file (by encrypting it and binding the encrypted content to the user's digital identity) and therefore legal ownership of it via a common law "chose in possession."
In combination with the digital deeds framework (for remote execution of legal instruments) and the integrated multi-currency payments rail, Vaulted Objects form the basis of an array of new business models, delivering data privacy, enforceable legal ownership and provenanced duty of care to the modern internet.
https://vaulted.ventures
Australian Law Firm, Gilbert + Tobin, are offering staff a share of a cash incentive of $20k as an ‘AI Bounty’ for ‘meritorious ideas’ that could lead to AI implementations into their firm. COO of G+T, Sam Nickless, told the Australian Financial Review that the ‘AI Bounty’ was created to incentivise staff to approach AI as ‘fun and rewarding’. Mr Nickless highlighted products such as Harvey and CoCounsel and the way Open AI could be used to optimise the data contained in these documents with the use of prompt engineering. Read more here - https://www.afr.com/companies/professional-services/gilbert-tobin-offers-staff-20-000-ai-bounty-20230411-p5czlw
Smarter Drafter is an online document automation platform that uses technology to automate complex legal drafting. Smarter Drafter have recently released their new product feature - 'Matter Intake Forms’. This product creates a smooth and streamlined client experience for the 1000 plus lawyers that use the Smarter Drafter platform across Australia. It enables lawyers to spend the first meeting with their client building a trusted relationship and allows them to focus more closely on strategy and providing legal advice to their client. Head here to learn how Smarter Drafter takes the ‘pain’ out of drafting legal documents - https://smarterdrafter.com.au
The first of its kind in Australia, the LawTech Hub offers a free program to lawyers and entrepreneurs who are designing and building transformative legal technology. The 2023 cohort has a distinct AI flavour, and features 4 home-grown Aussie legal tech companies (Deeligence, Disclosure Ready, Halisok and My Life Capsule) and the 5th coming out of Silicon Valley, Oddr. With zero equity taken from the participants of the LawTech Hub, the program is Lander & Roger’s pro bono contribution to the legal tech ecosystem. To learn more about the 2023 cohort and their 6 month program, head to https://www.landers.com.au/legal-innovation/lawtech-hub
An app created by lawyers, for lawyers, AusLaw Concierge is a scheduling app that revolutionises the way legal professionals liaise and schedule meetings, mediations, hearings, and meetings with Barristers, as well as how clients can find and schedule meetings with a lawyer too. Within a few clicks, you can see when lawyers are available and instantly book in a meeting at the touch of a button. Founded by Barrister, Michael Alexander, AusLaw Concierge eliminates the headache of back and forth correspondence, and makes phone tag with a lawyer, a thing of the past. To learn more, head to https://www.auslawconcierge.com.au/
I love being able to announce the launch of new Aussie Legal Tech companies! Founded by ex-lawyers Justin Hansky and Elena Tsalandis, Deeligence is the newest ‘kid’ on the Aussie Legal Tech block. It is a due diligence software for M & A lawyers that provides better workflow by capturing earned revenue, automating task lists and audit trails, and providing a live dashboard with structured data insights to help lawyers and clients with their due diligence. To be the first to learn about new updates and release of the software, head to https://www.deeligence.com/