City firms work together on new lawtech appstore project

Twelve international City law firms have signed up to help develop a new ‘one-stop shop’ providing artificial intelligence (AI) software to lawyers.

The new lawtech appstore created by international start-up Reynen Court will provide a range of third-party AI software that lawyers can use to automate previously time-consuming tasks, while protecting firms’ and clients’ data.

As the Law Gazette reports, the firms that have agreed to advise on the project include giants from the magic circle, as well as major US-headquartered firms. They are:

Clifford Chance and Latham & Watkins are acting as the co-chairs for the group of firms’ work on the venture.

Paul Greenwood, chief information officer at Clifford Chance, said: “To ensure we are continually delivering the best outcomes in the most efficient way, we invest in smart technology and apply our extensive legal expertise. However, as the number of technologies and their adoption grows, to remain efficient and secure they need to be managed and integrated smoothly and carefully.”

Ken Heaps, chief information officer at Latham & Watkins, said: “We are delighted to be partnering with Reynen Court as a range of new and exciting automation and machine-learning technologies come to the market.”

Get the LCN Weekly newsletter

Get our news, features, recruiter and lawyer interviews, burning questions, blog posts and more sent straight to your inbox with our weekly newsletter. You also get access to a free personal MyLCN account.

Sign up to LawCareers.Net to receive the LCN Weekly newsletter, diary updates, events, surveys and other emails providing information for future lawyers. Please note that we ask you to provide a password so that you can access MyLCN and edit your subscriber details, including email preferences.

 

Data Protection
To see how we use your data, please visit the Privacy Policy.

 

Terms
This subscription is subject to our Terms & Conditions.

Comment

Sign in to MyLCN to have your say.