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Relativity , the global e-discovery and compliance technology company, said today that it has acquired Heretik , an AI contract review company whose product was built on the Relativity platform and whose staff is half composed of former Relativity employees. . In 2017, the Chicago-based company raised $2.4 million in a seed funding round.
While Experian has announced that it intends to appeal the decision, the enforcement notice still shows the GDPR compliance challenges the data broking industry faces and the ICO’s views on them.
How we’re unique: Starting from basic marketplace, Amazon+Uber for lawyers, approach, AppearMe is implementing machinelearning 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 Founded: 2/20/2020. Clause Logic.
Demo video: [link] Founded: 10/28/2020, Vancouver, BC, Canada Target customer: Solos, small and medium size firms. Founded: 8/1/2020, Ghent, Belgium (HQ). Too complex for most legal workflows; lack legal-specific features and integrations; lack security and compliance aspects required by law firms. Founded: 7/1/2020, Tampa, FL.
The Report is the culmination of IOSCO’s multiyear effort engaging with market intermediaries and asset managers to identify real-life artificial intelligence (“AI) and machinelearning (“ML”) use cases and their associated risks, and incorporates the feedback IOSCO received on its June 2020 Consultation Report.
From 2020 to 2021, American Lawyer reported the greatest YoY increase in commitment to diversity among major law firms since 2001. from 2019 to 2020. This new feature uses machinelearning and natural language processing to easily identify common billing errors. Growth is slow but steady.
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 machinelearning to speed document review OpenText is thrilled to introduce the next generation of AI-enhanced productivity - Aviator for Axcelerate.
Automated decision-making: Businesses that utilise automated decision-making processes, including on the basis of AI, should be aware of the additional GDPR compliance and transparency requirements surrounding the use of these tools. billion fine against Meta. These developments, and more, covered below. (1) Relief in the EU-U.S.
million children under 13 were allowed to use the video-sharing platform between 2018 and 2020, contrary to TikTok’s own terms of service. If the Code applies, businesses may wish to document this assessment and take steps to build compliance with the Code into existing product development and monitoring processes.
An intuitive TAR interface and workflows reduce learning curves so your team can uncover the most relevant evidence without delay, and visualization tools allow project managers to easily track the progress of review and accurately estimate time to completion. January 2021: What’s new in OpenText Axcelerate CE 21.4
How we’re unique: Starting from basic marketplace, Amazon+Uber for lawyers, approach, AppearMe is implementing machinelearning 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 Founded: 4/1/2020. Clearbrief.
Demo video: [link] Founded: 10/28/2020, Vancouver, BC, Canada Target customer: Solos, small and medium size firms. Founded: 8/1/2020, Ghent, Belgium (HQ). Too complex for most legal workflows; lack legal-specific features and integrations; lack security and compliance aspects required by law firms. Founded: 7/1/2020, Tampa, FL.
Also announced: The launch of Lexis+ UK, the UK version of the premium research service the company released in 2020 in the U.S. Bulk APIs: Optimizes the transfer of large data sets from one server to another, for use in data-mining, machinelearning and predictive analytics initiatives. The forthcoming release of the U.S.
Among other proposed federal legislation, the National Biometric Information Privacy Act of 2020 died in Congress last year. This would seem to eliminate not just the possibility of compliance-by-signage but also the possibility of online consent. Compliance.
In a special episode of LawNext recorded live during Legalweek 2020 in New York City, we bring together a super session of leading experts to discuss this new world of data-driven law. Within law firms, analytics drive litigation strategy, business development efforts, and hiring decisions.
The Automated Employment Decision Tool Law (“AEDT”) places compliance obligations on employers in New York City that use AI tools, rather than software vendors who create the tools. For companies subject to the AEDT, compliance obligations include: Conducting an Independent, Annual Bias Audit.
As financial institutions increasingly deploy artificial intelligence (“AI”), including machinelearning and automated decision-making technologies, across their business lines, U.S. federal regulators have started to scrutinize the consumer protection implications of these technologies.
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