Legal Technology News

Dentons Backs Univ. of Toronto’s Robot
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

An artificially intelligent program may significantly reduce the time attorneys spend researching.

Summary: An artificially intelligent program may significantly reduce the time attorneys spend researching.

According to The Globe and Mail, a class project at the University of Toronto evolved into a startup company. The project uses IBM’s artificially intelligent Watson computer to perform legal research. According to Bloomberg, IBM agreed to grant a free year of Bluemix, a cloud platform, to companies NextLaw invests in.

  
What
Where


What is “legal tech”?

The world’s largest law firm, Dentons , has now backed Ross, which is the name of the app. Watson actually won Jeopardy! in 2011, and it is now being used to review millions of pages of case law and other legal documents in mere seconds. It is also being used to answer legal questions. The founders compare it to a smarter version of Siri. They even think it could replace some of the tedious research that low-level associates at top firms must do. According to NextLaw Labs CEO Dan Jansen, “Basically you teach Watson an area of law and you do these natural language queries and it comes back with answers,” CanadianLawyerMag.com noted. Ross is one of the latest attempts to intertwine “cognitive computing” with the legal field, which has largely been wary of new technology.

Zapproved also offers technological services to law firms.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




Dentons announced an undisclosed investment in Ross Intelligence Inc. The company will use Dentons’ NextLaw Labs, which is a project that is based in Silicon Valley. NextLaw Labs will develop new technology for legal businesses. Ross Intelligence Inc. is the first publicly disclosed startup that NextLaw Labs has signed up.

Dentons also recently announced a partnership with International Business Machines Corp. that will provide the legal startups working with NextLaw Labs access to technology using IBM’s means of cloud computing.



Do you think programs like this will eventually replace the need for associates to do legal research?

View Results

Loading ... Loading ...

Ross, though it is still in its testing phase, will be piloted at Dentons and several other prestigious law firms in the United States. The program has implemented a database that is focused mostly on bankruptcy law and is still undergoing refining.

Andrew Arruda, one of the startup’s co-founders, noted that the project will certainly be enhanced by its new partnership with Dentons. Arruda said, “It’s the early days for sure. But what we are seeing is Ross grasping and understanding legal concepts and learning based on the questions and also getting user feedback. … Just like a human, it’s getting its experience in a law firm and being able to learn and get better.”

Here are ten startup companies that are capitalizing on legal software demands.

Joe Andrew, Dentons’ global chair, said that the investment was the kind of project NextLaw Labs was destined to take on. “We all recognize that the biggest problem for technology and the law is to get lawyers to actually adopt it,” he said.

Similar legal tech incubators have emerged in the recent past. LegalX, a “cluster” in the Ontario government’s MaRS Discovery District, and Legal Innovation Zone (LIZ) at Ryerson University have opened in Toronto.

A legal startup, Beagle, is under the MaRS project. Beagle uses artificial intelligence to scan and explain the important parts of complex contracts. LIZ contains two startups that create legal websites that match clients and attorneys.

Ross has also received support from Y Combinator, which is a U.S. seed fund that has backed several startups that became household names: Airbnb and Reddit.

Ross is not even a year old. Last year, it was a project launched at the University of Toronto in a contest for developing commercial applications. Ross was up against nine other schools’ teams in January. Although the University of Toronto students missed the first prize of $100,000, they kept their access to Watson, as well as support from IBM, and have been working hard to develop the program since.

Source: The Globe and Mail

Photo credit: LinkedIn

 



 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Corporate, Mergers and Acquisitions and Securities Associate Attorney

USA-NY-New York City

New York City office of our client seeks corporate, mergers and acquisitions and securities associat...

Apply Now

Business Litigation Attorney

USA-CA-Santa Monica

Santa Monica office of our client seeks business litigation attorney with 1-3 years of experience. T...

Apply Now

Intellectual Property Litigation / Enforcement Associate Attorney

USA-CA-San Francisco

San Francisco office of our client seeks intellectual property litigation / enforcement associate at...

Apply Now

Health Industry Advisory Associate Attorney

USA-CA-Los Angeles

Los Angeles office of our client seeks health industry advisory associate attorney with 3-5 years of...

Apply Now

RELEVANT JOBS

Corporate Paralegal

USA-MA-Waltham

The Corporate Paralegal will assist the legal department in many facets of corporate law such as upd...

Apply now

Family Law Associate

USA-NY-New York City

Gorlick, Kravitz & Listhaus, PC. is seeking a general practice associate admitted in NY and NJ ...

Apply now

Office Technology Services Technician

USA-DC-Washington

We are looking for an Office Technology Services Technician to join our team.  Based in our Was...

Apply now

Associate - Mid-Level - GL Group

USA-NY-Valhalla

Defense firm seeking mid-level associate for Westchester office to fill General Liability position. ...

Apply now

SEARCH IN ARCHIVE

To Top