My favorite story of the day: Pew Charitable Trusts is getting behind two serious A2J efforts. With their $5 billion endowment, this could have serious impact. Check out the coverage by Artificial Lawyer here.
Here comes Legal Hackathon 2019! “The Global Legal Hackathon engages law schools, law firms and in-house departments, legal technology companies, governments, and service providers to the legal industry – across the globe. It brings together the best thinkers, doers and practitioners in law in support of a unified vision: rapid development of solutions to improve the legal industry, world-wide.”
From Dehns: Obtaining patents for artificial intelligence and machine learning in Europe. “…(N)ot all jurisdictions allow these types of “inventions” to be patented. … Handily, in Europe, the European Patent Office (EPO) publishes their “Guidelines for Examination” which set out how the patentability of such inventions should be examined.”
Corlytics ships Regulatory Event Data (RED) app. “This is the first-time global regulatory updates and notices have been centrally collated via an app and made available for free, offering one of the most disruptive changes to the regulatory industry.” More here.
From The Law Society Gazette: “Cambridge-based start-up Luminance has revealed a move into the corporate market by announcing that financial services company Think Money Group had adopted its technology – up to now, installed mainly in law firms – to manage supplier contracts. GCs are seen as future big users of AI to manage stacks of new and existing contracts against risks posed by new compliance demands.”
This, from CMS Cameron’s Dóra Petrányi and Katalin Horváth: AI and the law: Will your next lawyer be a robot? “One of the most important innovations in the legal profession is the blockchain smart contract. What makes these contracts “smart” from an AI perspective is that their legal terms and conditions are written into the code in the form of algorithms. When such a contract is concluded, signed and ultimately fulfilled, payments – which are also written into the code – are self-executed by the software, creating actions that are irrevocable. For many, smart contracts represent the perfect solution to avoid fraud.”
And here are some other headlines from Artificial Lawyer:
Linklaters Says AI Could Put $Billions at Risk Without A Proper Legal Framework: “Richard Cumbley, global head of TMT and IP, and a team of lawyers at global law firm Linklaters, have produced a report that warns of the dangers of companies exploiting AI technology without putting in place the right frameworks to use it. The report – which has some very nice graphics and includes a ‘toolkit’ for assessing your risks – can be found: here.”- Linklaters Launches Startup Employment Platform, Inc. Downloadable Contracts. “A new Linklaters platform called TechLinks will provide startups and small tech businesses with employment resources and documents including employment contracts. TechLinks,
will offer ‘a select number of small and start-up technology businesses’ access to key employment documents and resources, plus guidance on how to legally protect and enhance their business when building a workforce.” - ABBYY OCR Pioneer Integrates with UiPath RPA Marketplace. “Leading OCR company ABBYY, has announced that its FlexiCapture Connector application is now available on the UiPath Go! robotic process automation (RPA) marketplace. This will enable those companies and law firms tapping RPA technology to integrate ABBYY’s well-developed OCR capabilities into any process they are designing.”