Legal Trends

Term Frequency–Inverse Document Frequency (TF-IDF) is a numerical statistic used to reflect the importance of a word in a document relative to a collection of documents. It combines two metrics: Term Frequency (TF), which measures how frequently a term appears in a document, and Inverse Document Frequency (IDF), which assesses the importance of the term by considering how common or rare it is across all documents. TF-IDF is commonly used in information retrieval and text mining to identify and rank the relevance of terms within a document corpus.

Corporate technology focused on analyzing cyber crimes and security breaches. It aims to understand how these incidents occur, identify the impacted areas, and assess the extent of the damage, using various tools and techniques to collect, preserve, and analyze digital evidence. Enterprise Forensics is essential for organizations looking to respond to and recover from security incidents effectively.

AI legal research utilizes artificial intelligence technologies to streamline and enhance the process of legal research by automating the search through legal documents, case law, statutes, and other resources. These AI tools offer legal professionals faster and more accurate results, predictive analytics, and drafting assistance, distinguishing themselves by improving efficiency and accuracy in legal research tasks. The primary beneficiaries of AI legal research are legal professionals, including lawyers and paralegals, who seek to optimize their research processes and improve the quality of their legal work.

Comprehensive set of rules introduced by the European Union in 2023 to regulate the cryptocurrency market, known as the Markets in Crypto-Assets Regulation (MiCA). MiCA aims to provide legal clarity, protect consumers, and ensure financial stability by establishing a framework for the issuance and trading of crypto-assets. These regulations primarily target cryptocurrency issuers, service providers, and investors within the EU market.

AI-powered workspace designed to enhance collaboration between legal professionals and machine intelligence. Legora offers tools that streamline legal processes and improve efficiency, distinguishing itself by integrating advanced AI capabilities tailored for the legal industry. It primarily serves lawyers and legal firms seeking to optimize their workflow and leverage technology for better legal practice management.

Software company based in London, England, focused on making legal information accessible and understandable. Libryo differentiates itself by providing a platform that simplifies complex legal information, making it easier for businesses to understand and comply with legal requirements. The primary target demographic includes businesses and organizations seeking to navigate legal complexities efficiently.

Tool designed to assist with meeting management by automating the process of taking meeting notes, summarizing discussions, and tracking action items. It uses artificial intelligence to transcribe meetings in real-time, generate summaries, and organize information for easy access and review. This tool is particularly useful for professionals who need to keep track of multiple meetings and ensure that important details are not missed.

Company focused on privacy-preserving machine learning solutions, offering systems that identify, redact, and replace personally identifiable information to ensure data privacy. It differentiates itself by providing advanced technology that allows businesses to maintain data privacy without compromising on the utility of the data. The target demographic includes organizations and businesses that handle sensitive data and require robust privacy solutions to comply with data protection regulations.

Digital platform designed to assist startups with various back-end operations. It offers services such as incorporation, cap table management, stock issuance, corporate governance, and compliance, differentiating itself by automatically updating the cap table when capital is raised or shares are issued. Capbase is primarily targeted at startup founders and entrepreneurs seeking efficient management of administrative and legal tasks.

A systematic approach designed to ensure the responsible development and deployment of AI technologies. It aims to minimize risks and maximize benefits by focusing on key aspects such as transparency, accountability, bias detection, safety, and oversight, often including regulations that require clear documentation of training data and algorithms. This framework is particularly beneficial for organizations and policymakers seeking to implement ethical and safe AI systems.

The application of artificial intelligence technologies to the legal field involves using algorithms to learn the language and patterns in legal documents. This enables the recognition of key terms, phrases, and concepts, streamlining tasks such as document review, legal research, and contract analysis. Legal AI primarily benefits lawyers and legal professionals by allowing them to focus on more complex and high-value aspects of their work.

Software designed to automate and streamline the management of property taxes. It offers features such as automated tax calculations, asset management, compliance management, reporting and analytics, document management, and integration with other financial systems, enhancing accuracy and efficiency. This software is particularly beneficial for businesses and government entities that handle large volumes of property tax data and require robust compliance and reporting capabilities.

The process of using AI and machine learning tools to enhance the due diligence process, which involves evaluating various aspects before deploying or investing in AI systems. AI Due Diligence assesses risks, benefits, compliance, ethical implications, data privacy concerns, algorithmic biases, and overall impact on stakeholders, providing a comprehensive evaluation framework. This process is particularly valuable for organizations and investors looking to ensure responsible and informed decision-making in the adoption of AI technologies.

A tool or resource that consolidates and organizes building and construction codes, regulations, and standards into a searchable database. This platform simplifies the process of navigating and finding relevant information by state and city, providing value to professionals in the construction and architecture industries. The primary users of a building code platform are architects, engineers, contractors, and regulatory officials who need quick access to up-to-date building codes and standards.

A software company based in London, England, offering a cloud platform for managing legal contracts. The platform allows businesses to create, generate, track, e-sign, and store standard-form legal contracts online, differentiating itself with its comprehensive contract lifecycle management features. Avvoka primarily targets legal professionals and businesses seeking efficient and streamlined contract management solutions.

Process of re-recording audio in a controlled and quieter setting, typically in a postproduction studio. Digital ADR is used to improve audio quality or to reflect changes in dialogue and performance, ensuring that the final audio matches the visual elements seamlessly. This technique is primarily utilized by filmmakers, television producers, and video game developers to enhance the overall sound quality and coherence of their projects.

Onboarding and screening platform that provides automated tools and advanced insights to help compliance teams protect against fraud and financial crime. The platform aims to reduce false positives, customer friction, and manual work by leveraging advanced technologies and data analytics. KYC Hub is primarily targeted at compliance teams and financial institutions seeking to enhance their fraud detection and compliance processes.

Five-part digital documentary series and engagement campaign that explores the interplay between law and the lives of everyday Americans. Legal Lens aims to provide insights into how legal frameworks impact various aspects of daily life and how individuals and communities influence legal systems in return. The series is targeted at a general audience interested in understanding the practical implications of legal issues in society.

​Checkbox is a no-code automation platform that enables businesses to transform manual, rules-based processes into digital applications without the need for coding. Its platform offers features such as AI-powered intake and triage, workflow automation, document generation, and matter management, allowing users to streamline tasks like contract approvals, compliance checks, and request management. Checkbox primarily serves legal departments, compliance teams, and other business functions seeking to automate processes, enhance efficiency, and reduce operational risks.

Tools designed to manage and protect sensitive information, ensuring compliance with data protection regulations. These tools offer features such as data mapping, risk assessment, consent management, data anonymization, and automated compliance processes, differentiating themselves by their comprehensive approach to data privacy. Data privacy tools are essential for organizations handling sensitive data, aiming to maintain regulatory compliance and protect user information.

A financial services company that leverages advanced technology to facilitate capital raising and investor connections. Texture Capital differentiates itself by being registered with the SEC as a broker, ensuring regulatory compliance and offering unique investment opportunities. The primary target demographic includes companies seeking to raise capital and investors looking for distinctive investment options.

This company offers artificial intelligence solutions tailored for legal applications, with a focus on contract management and analysis. It differentiates itself by utilizing its proprietary Legal-Grade™ AI technology to enhance the efficiency and accuracy of legal document review and management. The primary beneficiaries of these solutions are legal professionals and law firms seeking to streamline their contract analysis processes and improve overall productivity.

The process of overseeing and managing relationships with external entities that provide goods, services, or perform functions on behalf of an organization. Effective third-party management ensures that these external entities comply with the organization's standards, policies, and regulatory requirements, and that they deliver quality and value. It is crucial for organizations that rely on vendors, suppliers, contractors, and other business partners to mitigate risks and achieve strategic objectives.

Generative artificial intelligence platform specifically designed for legal professionals. Harvey AI is trained on a large language model that includes legal-specific datasets and case law materials, differentiating it from other AI platforms that use general internet data. The platform primarily benefits legal professionals seeking advanced AI tools tailored to their industry-specific needs.

Certified email is a specialized email service used in countries such as Italy, Switzerland, Hong Kong, and Germany to provide a legal equivalent to traditional registered mail. It allows users to legally prove that an email has been sent and received, ensuring the authenticity and integrity of the communication. This service is particularly valuable for businesses and individuals who require legally binding proof of correspondence, often involving a small fee.

Software used by businesses, particularly in the financial sector, to verify the identity of their clients. It helps prevent fraud, money laundering, and other illegal activities by including features such as identity verification, document verification, biometric verification, AML compliance, and risk assessment. The primary users of KYC software are financial institutions and businesses that need to comply with regulatory requirements and ensure secure client onboarding.

Tool that integrates with Microsoft Word to assist users in drafting and reviewing documents more efficiently. It reduces the need for switching tabs and copying and pasting by providing seamless integration and functionality within the Word environment. This tool is particularly beneficial for professionals and individuals who frequently work with documents and seek to enhance their productivity and workflow efficiency.

Transcription model developed by OpenAI that converts spoken language into written text. It is capable of handling multiple languages and accents, making it versatile for use in diverse environments. The model is beneficial for individuals and organizations needing accurate and efficient transcription services across different languages and dialects.

Real estate transactions where a taxpayer sells investment or business-use property and uses the proceeds to acquire replacement property. Governed by Code Section 1031 and various IRS Regulations and Rulings, these exchanges allow for the deferral of capital gains taxes. Property exchanges are primarily beneficial for real estate investors and business owners seeking to reinvest in new properties without immediate tax liabilities.

Field of study that focuses on the moral implications and societal impacts of artificial intelligence. It involves ensuring that AI systems are designed and used in ways that are fair, transparent, accountable, and do not cause harm, addressing issues such as bias, transparency, accountability, privacy, autonomy, safety, and employment impact. AI ethics is crucial for developers, policymakers, and society at large to ensure responsible and ethical use of AI technologies.