ALTA visits USA: a recap
The first transoceanic event for the Australian Legal Technology Association brought a group of U.S. firm lawyers, in-house counsel, consultants, media and industry commentators a look at Australia-based legaltech solutions.
Hosted by DLA Piper, ALTA’s “San Francisco Demo Day” was – in typical Aussie manner – a low-key and relaxed expo that featured six companies that are based or operate in Australia:
- Contract Probe offers automated legal document review that’s quick, secure and thorough. In San Francisco, Contract Probe showed how it scores document quality in 60 seconds using artificial intelligence.
- Lexico automates contract creation, allowing for a more efficient workflow; representatives showed Slack integration for creating documents.
- Neota Logic operates AI-powered applications that intelligently automate expertise, workflow and documents. At Demo Day, Neota representatives demonstrated how the software can automate significant amounts of legal work.
- Persuit operates as an outside counsel management platform to review and compare proposals from law firms. In a hypothetical demonstration, Persuit showed how to process 27 disparate submissions for panel participation and automate the process for comparison.
- thedocyard provides a cloud-based deal space built for managing the lifecycle of any corporate or commercial transaction. The company’s founder showed how the definition of a corporate “nightmare” is a deal done without thedocyard.
- My company, Xakia Technologies, provides in-house Legal Departments with sophisticated matter management, data analytics and Legal Department Intelligence. At Demo Day, we introduced our new acronym, HoLO, for “Head of Legal Operations” (those handy individuals who love centralizing information to make life easier for lawyers and management.)
As Legal IT Professionals previously shared, there has been a boom in legal innovation in Australia in the past decade. In 2017, we launched ALTA to help cultivate and promote Australian legaltech; our group now numbers 45 companies, ranging from start-ups to mature global technologies.
The success of the first international Demo Day makes it clear that there’s an appetite for Australian legaltech beyond our borders. We encourage law firms and in-house Legal Departments to expand their horizons – literally and figuratively – when evaluating legaltech for 2019.
Would you like to learn more about Australian legaltech?
- Review a list of ALTA members and browse their websites here.
- Join ALTA as a partner organisation to sponsor the community or events; information is here.
- Follow ALTA on LinkedIn or Twitter for the latest news and updates.
Jodie Baker is the founder and CEO of Xakia Technologies and a deputy chair of the Australian Legal Technology Association.