Easy-to-understand coding tool and AI-powered dictation platform among inaugural cohort
Slaughter and May today confirmed the identities of the first six legal tech start-ups to join its innovation incubator.
The companies will have access to the magic circle outfit’s lawyers, clients and expert panels for product testing, among other things. The programme, dubbed Slaughter and May Collaborate, will see each cohort member also assigned two dedicated firm mentors — one from the firm’s knowledge or innovation team and a lawyer from a relevant practice area.
The six start-ups, whittled down from over 50 applicants, are:
Tabled — a platform which helps lawyers manage tasks and projects by “automating workflows and assigning tasks”, which in turn provides a “full picture of the team’s legal work”.
StructureFlow — a system which enables lawyers and their clients to “quickly and easily visualise complex legal structures and transactions”.
Clarilis — a tool which can create “even the most complex of legal documents without the need to amend existing precedents or templates first”.
JUST: Access — an “easy-to-use dictation solution” which uses AI to produce transcripts.
Logiak — a tool which allows lawyers with “no coding experience to create complex logic/rule-based systems”.
LitiGate — an “AI-powered litigation platform” which provides a “bird’s eye view of each case and automates day-to-day tasks”.
Nilufer von Bismarck, partner at Slaughter and May said:
“We are very pleased with the businesses we are taking into Collaborate in this first cohort. They fought off some very strong competition from a high calibre of applicants. We look forward to working with some of the best legal tech entrepreneurs to bring new tools to the legal sector.”
Other firms to launch similar in-house innovation hubs include Allen & Overy, Mishcon de Reya and Dentons.