{"id":92319,"date":"2024-07-19T13:03:45","date_gmt":"2024-07-19T17:03:45","guid":{"rendered":"https:\/\/danielschristian.com\/learning-ecosystems\/?p=92319"},"modified":"2024-07-19T14:08:54","modified_gmt":"2024-07-19T18:08:54","slug":"the-race-to-deploy-genai-in-the-legal-sector-nicol-schwarz","status":"publish","type":"post","link":"http:\/\/danielschristian.com\/learning-ecosystems\/2024\/07\/19\/the-race-to-deploy-genai-in-the-legal-sector-nicol-schwarz\/","title":{"rendered":"The race to deploy GenAI in the legal sector [Nicol-Schwarz]"},"content":{"rendered":"

The race to deploy GenAI in the legal sector<\/strong> <\/a>— from sifted.eu by Kai Nicol-Schwarz
\nLegalFly\u2019s \u20ac15m Series A is the latest in a string of raises for European GenAI legaltech startups<\/em><\/p>\n

Speak to any lawyer and you\u2019ll soon discover that the job is a far cry from the fevered excitement of a courtroom drama. Behind the scenes, there\u2019s an endless amount of laborious and typically manual tasks like drafting, reviewing and negotiating contracts and other legal documents that have to be done manually daily.<\/p>\n

It was this realisation that led four product managers at dating app giant Tinder, frustrated by what they saw as a lack of AI adoption at the company, to jump ship and found Belgium-based LegalFly last year. The startup is building a generative AI copilot for lawyers which eventually, it says, will be able to automate entire workflows in the legal profession.<\/p>\n

\u201cWe were looking at what GenAI was good at, which is synthesising data and generating content,\u201d says founder and CEO Ruben Miessen. \u201cWhat industry works like that? Law, and it does it all in a very manual way.\u201d<\/p>\n

\u201cThe legal industry is a global behemoth that’s seen minimal innovation since the advent of Microsoft Word in the 90s,\u201d says\u00a0Carina Namih, partner at Plural. \u201cGenAI \u2014 especially with a human in the loop to keep accuracy high \u2014 is ideally suited to drafting, editing and negotiating legal documents.\u201d<\/strong><\/span><\/p><\/blockquote>\n

\n

Legal Technology Company Relativity Announces OpenAI ChatGPT Integration<\/strong><\/a> — from lawfuel.com<\/p>\n

CHICAGO\u2013 July 18 \u2013\u00a0Relativity, a global legal technology company, today announced it is integrating with\u00a0OpenAI\u2019s\u00a0ChatGPT Enterprise Compliance API. The integration adds ChatGPT Enterprise as a\u00a0Collect in RelativityOne\u00a0data source, allowing users to seamlessly collect and process\u00a0human-to-AI conversational\u00a0data.<\/p>\n

\u201cThe future around human and AI interaction is changing rapidly, calling for innovative legal data management solutions to include novel data sources, such as conversations with AI agents,\u201d said Chris Brown, Chief Product Officer at Relativity. \u201cIn answering that call, we are committed to equipping our community with the tools they need to traverse the evolving future of human-to-AI conversational data and putting users in control of this new data landscape.\u201d<\/strong><\/span><\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

The race to deploy GenAI in the legal sector — from sifted.eu by Kai Nicol-Schwarz LegalFly\u2019s \u20ac15m Series A is the latest in a string of raises for European GenAI legaltech startups Speak to any lawyer and you\u2019ll soon discover that the job is a far cry from the fevered excitement of a courtroom drama. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[832,356,387,209,112,210,287,533,37,35,180,825,837,833,830,285,869,309,196,38,321,367],"tags":[],"class_list":["post-92319","post","type-post","status-publish","format-standard","hentry","category-access-to-justice","category-artificial-intelligence-agents-llms-and-related","category-business","category-changing-business-models","category-corporate-business-world","category-emerging-technologies","category-europe","category-experimentation","category-future","category-game-changing-environment","category-innovation","category-law-schools","category-legal-operations","category-legal-reform","category-legal-technologies","category-legislation-legislatures","category-open-ai","category-platforms","category-productivity-tips-and-tricks","category-uk","category-united-states","category-vendors"],"_links":{"self":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/92319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/comments?post=92319"}],"version-history":[{"count":6,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/92319\/revisions"}],"predecessor-version":[{"id":92348,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/posts\/92319\/revisions\/92348"}],"wp:attachment":[{"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/media?parent=92319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/categories?post=92319"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/danielschristian.com\/learning-ecosystems\/wp-json\/wp\/v2\/tags?post=92319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}