It Is Not a Bird in the Law Firm
November 3, 2015
In science-fiction, artificial intelligence is mostly toyed around with in robots and androids. Machines that bear artificial intelligence either try to destroy humanity for their imperfection or coexist with humanity in a manner that results in comedic situations. In reality, artificial intelligence exists in most everyday objects from a mobile phone to a children’s toy. Artificial intelligence is a much more common occurrence than we give our scientists credit for and it has more practical applications than we could imagine. According to PR Newswire one of the top artificial intelligence developers has made a new deal for their popular product, “RAVN Systems’ Artificial Intelligence Platform Is Deployed At Berwin Leighton Paisner.”
RAVN Systems is known for their top of line software in enterprise search, unstructured big data analytics, knowledge management, and, of course, artificial intelligence. The international law firm Berwin Leighton Paisner recently deployed RAVN Systems’s RAVN Applied Cognitive Engine (RAVN ACE). RAVN ACE will work in the law firm’s real estate practice, not as a realtor, but as the UK’s first contract robot. It will use cutting-edge AI to read and interpret information from documents, converting unstructured data into structured output. RAVN ACE will free up attorneys to complete more complex, less menial tasks.
“Matthew Whalley, Head of Legal Risk Consultancy at BLP commented, ‘The robot has fast become a key member of the team. It delivers perfect results every time we use it. Team morale and productivity has benefited hugely, and I expect us to create a cadre of contract robots throughout the firm. If the reaction to our first application is any indication, we will be leading the implementation of AI in the Law for some time to come.’ ”
RAVN ACE has more applications than writing real estate contracts. It can be deployed for financial services, media, telecommunications, and more. Taking over the menial tasks will save on time , allowing organizations to reinvest time into other projects.
Whitney Grace, November 3, 2015