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A Canadian company acquires a legal AI for US $ 1 billion

Nevertheless,

Canadian company acquires legal ai:

It is therefore a question of creating the law firm of the future powered by theIAsays the founder of Clio. Therefore, Jack Newton.

He describes the acquisition. Similarly, in the amount of 1 billion US dollars, pivotal moment for industry and reaffirms the will to Place Clio clearly in the market leader position in terms of combined offer To give yourself the means to stay in the race for the development of the best legal artificial intelligence on the planet.

His vision to get there is to add Vlex tools to the Clio administrative software to bring together all the technologies used by lawyers. Nevertheless, from the courts to the courts.

This is the first time that the tools of the practice of law. Consequently, legal research, of theIA legal, canadian company acquires legal ai drafting solutions managed by theIA are gathered in the same system [managérial] that lawyers use dailyexplains Jack Newton.

According to him. Consequently, the fallout for its users would be a huge gain in efficiency, especially in the face of competition. Similarly, Lawyers who do not adopt theIA And who do not adopt the technology will simply be left behind.

Editing of journalist Julien Latraverse in front of a digital setting. canadian company acquires legal ai

A Canadian company acquires a legal AI for US $ 1 billion.

Photo : Radio-Canada

L’IA. Furthermore, productivity – Canadian company acquires legal ai

A recent scientific article published on the sharing platform Social Science Research Networkwhich has not been evaluated by peers, goes in the sense of canadian company acquires legal ai the words of Jack Newton with regard to the effectiveness of theIA legal.

A testing to students in volunteer law from the University of Minnesota. Moreover, the University of Michigan reveals a productivity gain of 38 % (in English) (new window) in five of the six tests in which artificial intelligence Vincent Aideveloped by Vlex. Meanwhile, has been used.

Daniel J. Escott. researcher in the laboratory on risks and the regulation of artificial intelligence of the Center of Excellence for Access to Justice at the University of Victoria, nevertheless suggests not to generalize these results.

The conclusions are based on law students. The direct application of these results to experienced law professionals is an important shortcut. Fundamental trends would probably be maintained, but the extent of the effects could differ considerably in practice.

canadian company acquires legal ai

Daniel J. Escott does not however reject the usefulness of theIA. The value of artificial intelligence in law lies mainly in its ability to carry out a large part of the administrative. analytical work which, otherwise, should be carried out, either in a non -invorable manner in the private sector, or manually by the staff of the government or the courtshe mentions.

Station hallucinations

Daniel J. Escott mentions that one of the drifts of generative artificial intelligences is the addition in their response of fictitious. out -of -context information, or hallucinations.

The higher research associate at HEC Paris Damien Charlotin describes them as an assertion on the part of a model ofIA generative that has no connection with truth. reality.

This lawyer specializing in data and law lists in a database of judgments with hallucinations. Between the canadian company acquires legal ai month of April and the publication of this article, the researcher identified 210 cases. It turns out that I started when it explodedsays Damien Charlotin.

Most of these hallucinations are generated when people try to defend themselves. but professionals are not safe from this phenomenon, says Damien Charlotin.

We have cases, for example, where professionals have used a IA just to format football notes, and […] They ended up with hallucination even when they wanted to quote something that is real.

A robotic hand points to a document showing a person to sign. We see a human hand that holds a pen above the document. Behind, you can see a Hammer of President. canadian company acquires legal ai

For Damien Charlotin. an canadian company acquires legal ai AI in a legal context encounters difficulties in the tasks which are the responsibility of a human. “But. for a very simple boat case where it is enough to apply the law and [qu’il n’y a pas de contestation] Opposite, the generative AI can very well do the legal argument, even better than a lawyer. »(Archives photo)

Photo : iStock

Damien Charlotin also quotes bad translations. erroneous quotes or unrelevant information, for example something in family lawwhile the case is criminal law.

Jack Newton says for his part that Vincent Ai is based on Vlex data. ensuring that a high degree of reliability.

No system ofIA Generative is not fully immunized against hallucinations. That said. Vincent Ai is designed for legal reliability, with integrated safeguards that considerably reduce the risk of hallucinations and give users the tools necessary to check everything canadian company acquires legal ai it produces.

Further reading: Minister Anand concludes her visit to Japan and Malaysia to strengthen Indo-Pacific partnershipsCongestion to give up American citizenshipHalifax holidays in 14 memorable experiencesWhich did us good this weekHuman bones discovered in Gaspésie.

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