Sunday LegalTech Review — 4th March 2018
LawGeex AI Software beats lawyers at identifying issues in NDA’s
LawGeex has published a study in which their artificial intelligence software performs better than 20 experienced US-trained lawyers at identifying issues in Non-Disclosure Agreements (NDA’s). The results showed that the LawGeek platform was both quicker and more accurate at identifying issues than the lawyers — with the platform achieving a 94% accuracy rate compared with 85% from the lawyers.
Australian Legal Tech Association Launches
Artificial Lawyer reports on the first Australian Legal Tech Association (ALTA’s) event took place in Sydney and Melbourne on 20th & 22nd February respectively. The events showcased a wide range of Australian legal tech startups, underscoring the strength of the legaltech scene in Australia.
AI Finding Favor in Legal Industry, but Adoption Lags
An article by Gabrielle Orum Hernández on law dot com reports on a study by e-discovery services company Consilio which found that 93 percent of legal professionals saw value in AI, but some significant barriers to adoption remain.
10 Predictions for the Next 10 Years of Legal Tech
More legaltech predictions — this time from members of Clio’s Advocates community, compiled by Teresa Matich who writes about legal technology and the business of law for Clio’s blog.
Five technologies lawyers shouldn’t ignore
IE Law School details five technologies that law firms shouldn’t ignore and why.
Host team Pinsent triumphs in global legal hackathon
The Law Society Gazette reports that Pinsent Masons were declared the winners at the London hub of the first Global Legal Hackathon, held simultaneously in 40 cities on six continents last weekend. The winners of round one progress to round two which takes place 11th-12th March.
Computational Law & Blockchain Festival: March 16th-18th
The first annual Computational Law & Blockchain Festival organised by Legal Hackers (#clbfest2018) is a three-day global event bringing together coders, designers, lawyers, policymakers, researchers, and students to co-create the future of law, legal practice, and policy.
Originally published at Technomancers — LegalTech Blog.