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Thomson Reuters Launches AI-Powered Contract Analysis Tool in HighQ

LawSites

Thomson Reuters is getting into the game of AI-powered contract analysis with the launch today of HighQ Contract Analysis , a contract review tool that uses machine learning to find answers to specific legal questions.

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Is this the Fastest Document Search in Legal?

LawSites

A product launched this week claims to be the fastest search and review platform in legal for matters involving large document collections — discovery, investigations and compliance — and the first to seamlessly combine keyword and algorithmic search. Catalyst was acquired by OpenText for $75 million in 2019.

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Time to Vote: You Get to Pick the Startup Alley Finalists for ABA TECHSHOW 2022

LawSites

Founded: 5/10/2019. How we’re unique: Starting from basic marketplace, Amazon+Uber for lawyers, approach, AppearMe is implementing machine learning to automate routine legal work, minimize errors and missed deadlines by targeting the $65B litigation support market and offering free case management tools (a $1.1B Advocat AI.

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UK Government Adopts a “Pro-Innovation” Approach to AI Regulation

Inside Privacy

For example, in October 2022, the Bank of England and Financial Conduct Authority (“FCA”) jointly released a Discussion Paper on Artificial Intelligence and Machine Learning considering how AI in financial services should be regulated and, in March 2023, the ICO updated its Guidance on AI and Data Protection.

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What’s new in OpenText eDiscovery

OpenText

OpenText provides Axcelerate Cloud users with the opportunity to leverage Generative AI for case and concept label summarization Building on a long tradition of incorporating AI and machine learning to speed document review OpenText is thrilled to introduce the next generation of AI-enhanced productivity - Aviator for Axcelerate.

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4 questions to ask before choosing an enterprise legal management system

Simple Legal

from 2019 to 2020. This new feature uses machine learning and natural language processing to easily identify common billing errors. The answer is clear: investing in a tool with proper security features and up-to-date compliance regulations not only prevents catastrophe but can also save you money in the long run.

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SEC Proposes Rule to Eliminate or Neutralize Conflicts of Interest in the Use of “Predictive Data Analytics” Technologies

Debevoise Data Blog

The Proposed Rules also contain amendments to rules under the Securities Exchange Act of 1934 [1] (“Exchange Act”) and the Investment Advisers Act of 1940 [2] (“Advisers Act”) that would require firms to have policies and procedures to achieve compliance with the rules and to make and maintain related records.