Forum#legaltech
28 July 2020
Unsplash © Tingey Injury Law Firm

AI crucial to unlocking time-consuming legal systems

Using AI, Wolters Kluwer has partnered with Della, an AI contract analytics software provider for corporate legal departments and law firms. At a time when the need for increased productivity is accelerating for legal professionals, Wolters Kluwer and Della offer lawyers a new way of analysing their contracts.

With an API integration between Legisway, Wolters Kluwer’s legal management solution for legal departments, and Della’s AI technology – unique on the legaltech market – lawyers can now seamlessly leverage AI and deep learning capabilities to automate contract indexing and streamline and simplify their tasks by resolving critical pain points in the contract management lifecycle.

Freeing up lawyers from time-consuming tasks with AI technology

According to Wolters Kluwer Legal & Regulatory’s 2020 Future Ready Lawyer Report, 82% of legal departments expect greater use of technology to improve their productivity in the next 3 years. In the legal department’s context, each contract is a time-consuming challenge in which all the different pieces of the contractual puzzle such as contract typology, contract lifecycle, regulation or multi-tasking contract management need to be managed.

“Knowing where to quickly locate what is important in a contract is a major challenge for lawyers; they are looking for dedicated solutions that can help them in making the right decisions more quickly whilst controlling their contractual risks. Using Legisway and Della together to automate contract review can streamline legal departments’ workflow across the contract management lifecycle thereby significantly increasing legal professionals’ productivity. We chose to partner with Della, not only because they have developed the most advanced technology on the market, but also the most flexible and scalable one: the application perspectives for our legal software solutions to improve the productivity and performance of legal professionals are endless.” – Jesus Diaz, General Manager of the Legal Software Business Unit of Wolters Kluwer Legal & Regulatory in France

AI technology applied for the first time in the legal market

  • “Deep learning” on the front line: Della’s AI technology uses deep learning to accelerate natural language recognition and instant analysis of the key elements of a contract. This technology gives lawyers new work latitude which has never been achieved before in their contract analysis.
  • Analysis in the form of an evolving query: The technology identifies the key points of the contract based on several criteria. These clusters of data are then materialized by a query and a result proposal with an estimated degree of relevance. The system proposes and the lawyer has the results at their disposal! The machine takes these user actions into account as the months go by, thus optimising the quality of the answers provided.
  • A multilingual solution: Currently, the Della solution identifies English and French data in contracts. However, they have run successful pilots in German and Dutch and have also tested the solution in Spanish, Italian, Polish and Russian.

“We are delighted to partner with Wolters Kluwer. Thanks to the Legisway platform, we can bring the power of AI to legal professionals, freeing them from the tedious process of entering contracts, reducing errors and leading to efficiency gains, thus enabling better quality work.” – Christophe Frèrebeau, CEO of Della

Learn more about Legisway

Wolters Kluwer Partners with AI Contract Analytics provider Della

Through AI technology, Wolters Kluwer and Della unlock efficiencies in a time when legal professionals’ success hinges on productivity

July 16, 2020 – Today, Wolters Kluwer announces its partnership in France with Della, an AI contract analytics software provider for corporate legal departments and law firms. At a time when the search for productivity is accelerating for legal professionals, Wolters Kluwer and Della offer lawyers a new way of analysing their contracts.

With an API integration between Legisway, Wolters Kluwer’s legal management solution for legal departments, and Della’s AI technology – which is unique on the Legal Tech market – lawyers can seamlessly leverage AI and deep learning capabilities to automate contract indexing, streamline and simplify their tasks by resolving critical pain points in the contract management lifecycle.

Freeing up lawyers from time-consuming tasks through the use of AI technology

According to Wolters Kluwer Legal & Regulatory’s 2020 Future Ready Lawyer Report, 82% of legal departments expect greater use of technology to improve their productivity in the next 3 years. In the legal department’s context, each contract is a time-consuming challenge to successfully assemble the different pieces of the contractual puzzle such as contract typology, contract lifecycle, regulation or multi-tasking contract management.

“Knowing where to quickly locate what is important in a contract is a major challenge for lawyers; they are looking for dedicated solutions that can help them in making the right decisions more quickly whilst controlling their contractual risks. Using Legisway and Della together to automate contract review can streamline legal departments’ workflow across the contract management lifecycle thereby significantly increasing legal professionals’ productivity”, said Jesus Diaz, General Manager of the Legal Software Business Unit of Wolters Kluwer Legal & Regulatory in France. “We chose to partner with Della, not only because they have developed the most advanced technology on the market, but also the most flexible and scalable one: the application perspectives for our legal software solutions to improve the productivity and performance of legal professionals are endless.”

“We are delighted to partner with Wolters Kluwer” said Christophe Frèrebeau, CEO of Della. “Thanks to the Legisway platform, we can bring the power of AI to legal professionals, freeing them from the tedious process of entering contracts, reducing errors and leading to efficiency gains, thus enabling better quality work”.

AI technology applied for the first time in the legal market

  • “Deep learning” on the front line: Della’s AI technology uses deep learning to accelerate natural language recognition and instant analysis of the key elements of a contract. This technology gives lawyers new work latitude which has never been achieved before in their contract analysis.
  • Analysis in the form of an evolving query: The technology identifies the key points of the contract based on several criteria. These clusters of data are then materialized by a query and a result proposal with an estimated degree of relevance. The system proposes and the lawyer has at his disposal! The machine takes these user actions into account as the months go by, thus optimising the quality of the answers provided.
  • A multilingual solution: Currently, the Della solution identifies English and French data in contracts. However, they have run successful pilots in German and Dutch and have tested the solution in Spanish, Italian, Polish and Russian, to name a few.

To learn more about our Legisway portfolio, please visit: https://www.wolterskluwer.com/fr-fr/solutions/legisway.

About Wolters Kluwer

Wolters Kluwer’s Legal Software unit, part of the group’s Legal & Regulatory division, is a global leading provider of innovative and practical software solutions for corporate legal departments and law firms, including Legisway and Kleos. Its cloud-based and on-premise portfolio of solutions is developed side by side with customers, enabling legal professionals to increase efficiency, performance and mitigate risk. State of the art, ISO-certified technology and teams of experts ensure the highest security and quality of service for more than 100,000 legal professionals across nine countries in Europe and the US.

  

Wolters Kluwer is a global leader in professional information, software solutions, and services for the clinicians, nurses, accountants, lawyers, and tax, finance, audit, risk, compliance, and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with advanced technology and services. Wolters Kluwer reported 2019 annual revenues of €4.6 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 19,000 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands. For more information, visit www.wolterskluwer.com, follow us on LinkedIn, Twitter, Facebook, and YouTube.

About Della

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MEDIA CONTACT

Hélène Lepaisant

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Wolters Kluwer

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E: helene.lepaisant@wolterskluwer.com