Along with the Bitcoin craze in the past few years emerged a new idea: now that we have access to digital money, we may be able to do something paper cash never could; program the money. Overshadowed by the controversies surrounding cryptocurrency investing, blockchain
As the role of technology within the legal industry increases, the question of how it can best be utilized in legal practice is a major one. When talking about what technologies will boost innovation in legal services, there is one term apart from ‘AI’ that
In a previous article, we talked about the issues the legal industry is facing regarding the way data is structured and organized. In this article, we will be taking a detailed look at databases and how data is organized within them. As law firms are continuously aiming to
As covered previously in this article, one of the most significant hires of the UK legaltech market this year was the appointment of Emily Foges, previously the founder and CEO of LuminanceAI, as the lead partner for Deloitte’s Legal Managed Services (LMS) business.
Luminance, a UK-based legaltech startup focusing on the understanding of legal documentation and analysis of its relevant information and patterns, has in the past few years become one of the biggest UK legaltech brands. The company has received £8m in funding in a both
The ‘legaltech boom’ in recent years has, for the most part, been driven by a new approach towards data and its management. Various AI initiatives and products in the legal sector attempt to work with labeled and structured data to assist lawyers with document
Just a few years ago, AI was a term rarely used in colloquial conversations, with many not expecting it to have such an impact on our daily lives. Today, most of us have certainly heard about the term and, in fact, we use some sort of an AI on a daily basis (i.e. spell check
There has recently been a lot of debate regarding the introduction of coding and computer science to the legal field. Many have suggested that lawyers should learn to code, whereas many suggest that it is in fact not necessary.
Like human languages, programming languages really are just a way for computers to talk to each other, and for humans to instruct computers to complete certain tasks. They are universal, meaning that a code written by a Spanish programmer would be understood by an Indonesian
What is legaltech? Although most lawyers and aspiring lawyers have most certainly heard about the term ‘legal tech’ in the past few years, many often do not understand what it really entails. More and more firms continue to talk about the idea of