Peer to Peer: ILTA's Quarterly Magazine
Issue link: https://epubs.iltanet.org/i/1508143
77 I L T A N E T . O R G S TA R T U P H U B - P A R T I C I P AT I N G C O M P A N I E S Here is a list of the participants, shown in chronological order of their 20 minute micro-presentations to the conference showcasing their unique capabilities. Clearbrief, Legatics, Aiden Technologies, Syntheia Pty Ltd, Bargaining Table, Inc, BoostDraft, BriefCatch, Capacity (Eillipis Limited), CiteRight, Dashboard Legal, DeepJudgeAG, DraftWise, Entegrata, EvenUp Law, Henchman,io, Index Solutions, Inc, LawAccounting LLC, Lega Inc., Oddr Inc, Organizing 4 Innovation, Avvoka, Privion, Quikdata, Redgrave Data, Sapling Data, SigParser, Sotera Digital. S TA R T U P H U B - S E R V I C E C AT E G O R I E S As you can imagine, the set of services these companies offer runs the gamut in terms of legal technology use cases spanning a wide variety of needs in the market. And a significant element of the offerings was AI based. There was even one company featuring AI governance tools helping to safely implement and govern the use of large language models (LLMs) like Open AI's GPT-4, Google's Bard, and Anthropic's Claude, a governance service which certainly seems to have great potential given the happenings in the world of AI. The main categories of legal oriented value included software and asset deployment/management tools, litigation cost capture and analysis products, several legal writing / drafting / document automation / citation tools, contract drafting and transactional support offerings, multiple software products using business analytics to capture data for litigation support analysis and collaborative purposes, a few security and compliance tools, software to connect and accelerate accounting/ billing functions, and a few others. A few of the companies were even from across the pond, a true international gathering spanning two continents of legal innovators. W H AT T H E F U T U R E M I G H T H O L D It was thought provoking to speak with those creators who are rethinking processes in legal to deliver innovation at the micro level. Generally speaking, scope is the key difference between these quick-hitting presentations and those of established providers covering broad areas of legal (practice and matter management, document management, client relationship management, finance/ time entry/billing, contracts, etc.). The distinctive element of these micro-presentations was that they were dialed into specific legal process opportunities and offered, at times, a targeted and perhaps not previously imagined path for executing legal work tasks. Will all these companies survive in the long run? Sadly, probably not. But that does not mean they were not filled with awesome ideas and work product ideas. And the 20-minute micro presentations designed to articulate feature sets and how processes are improved surely helped connect these entrepreneurs with investors, members of the press, larger legal technology consulting companies and potential law firm and corporate law department customers in a compressed, targeted timeline. In my opinion, the Startup Hub was a big hit - a tremendous addition to the ILTACON "And a significant element of the offerings was AI based."