< See Blog Post on Elevate Blog Site >
Tag: contract analytics
Delivering the Opening Keynote at the CLOC London 2020 Conference
It was my pleasure to deliver the opening keynote address at London CLOC 2020 ! #LegalTech #LegalData #LegalInnovation #LegalOps
Managing LIBOR Risk through Technology-Assisted Review (WhitePaper)
Managing LIBOR Risk through Technology-Assisted Review (Access WhitePaper) … Learn How ContraxSuite can help you remediate or repaper contracts for LIBOR!
Elevate Acquires LexPredict, Expanding Capabilities in Artificial Intelligence and Data Science
The LexPredict Team is excited to announce that our company has been acquired by Elevate. We believe that joining forces with Elevate is the most effective way to bring enterprise solutions to market more quickly, by combining the artificial intelligence, data science and data engineering capabilities of LexPredict with the award winning legal services of Elevate. Once again our team is very excited !
See the Press Release here
Detailed Coverage in Artificial Lawyer
Additional Coverage on Law.com
Additional Coverage in the ABA Journal
Additional Coverage in LegalIT Insider
LexPredict Launches New User Interface for ContraxSuite
Our LexPredict Team is excited to announce the new ContraxSuite User Interface – See Press Release < HERE >
ContraxSuite has a wide range of user types across our various legal service delivery customers. Relevant users include legal data scientists, power users in legal information technology, professional review teams at legal process outsourcers, contract review units in corporate legal departments, as well as associates and partners in law firms. While the existing ContraxSuite user interface will still serve as the interface for our data scientist community, the new UI is designed to serve the needs of a much broader community of users.
Eric Detterman – VP and Global Head of Products and Solution Engineering at LexPredict noted, “The new ContraxSuite User Interface delivers the bells and whistles that many users expect from a modern app or software tool, including dynamic menus, helpful dialog boxes, and an easy, intuitive design.”
Baker McKenzie Deploys First of a ‘New Generation’ of Smarter Tools with ContraxSuite by LexPredict
We are so happy that Baker McKenzie chose to partner with the LexPredict team and leverage ContraxSuite in this exciting offering!
< Access Press Release Here >
< Legal IT Insider Story Here >
Demo Night at Frankfurt Legal Tech for ContraxSuite
Last week we had the pleasure of offering a demo at the Frankfurt Legal Technology and Innovation Meetup – Demo Night. We gave a remote demo of ContraxSuite (our contracts / legal document analytics platform).
Why Open Source Artificial Intelligence in Legal Tech ?
On August 1, we released Contrax Suite (an open source document analytics platform). It is important to note that we have decided upon dual licensing – (1) open source (AGPL) which is pretty hard core copyleft and (2) a more permissive license in specific circumstances. The key for us is to maintain the opensource ecosystem which requires balancing competing interests. We cannot grant the more permissive license to everyone under all conditions or it undermines the entire effort.
That said, we have a real problems in the A.I. + Law community. Some of the claims are outlandish and the business model (at its core) does not really make sense. We think that opensource helps solve for some (perhaps not all) of the adoption issues.
LexPredict Team Releases Open Source Analytics Platform ContraxSuite – Now Live on Github!
Live on Github – the LexPredict Team has open-sourced ContraxSuite 1.0, fundamentally altering the economics of the contract and legal document analytics space – now you can perpetually own a solution with a $0 license and $0 per document fees. But we’re just getting started. Stay tuned over the next few weeks as we release even more documentation and developer examples on Github.
LexPredict Goes Open Source, Hopes Others Will Follow ( via ALM LegalTechNews )
From the article – “We are increasingly thinking that there’s room in legal tech for a Red Hat in legal — companies that really focus on development of software by providing wraparound services, but offer their software open source,” Michael J Bommarito II said.
For more information check out our announcement and the slidedeck (which has more details).
Why We’re Open-Sourcing ContraxSuite – Product Overview, Some Use Cases and Plan for Release
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Following up on our prior announcement – here is a slidedeck offering more Product Overview, Use Case and Plan for Release.
Why We Are Open Sourcing ContraxSuite and Some Thoughts About Legal Tech and the Modern Information Economy
Today we here at LexPredict announce that we will be open sourcing our document analytics platform ContraxSuite (which works on a wide class of documents beyond just contracts).
From the Announcement – “Starting on August 1st, this code base and our public development roadmap will be hosted on Github under a permissive open-source licensing model that will allow most organizations to quickly and freely implement and customize their own contract and document analytics. Like Redhat does for Linux, we will provide support, customization, and data services to “cover the last mile” for those organizations who need it.
We believe that a very important future for law lies in its central role in facilitating and regulating the modern information economy. But unless we start treating law itself like the production of information, we’ll never get there. Before we can solve big problems with smart contracts, we need to start by structuring existing legacy contracts. We hope our actions today will help lawyers, companies, and other LegalTech providers accelerate the pace of improvement and innovation through more open collaboration.” (click here for full announcement or access via Slideshare)
