Peer to Peer Magazine

Fall 2017

The quarterly publication of the International Legal Technology Association

Issue link: https://epubs.iltanet.org/i/900970

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60 PEER TO PEER: THE QUARTERLY MAGAZINE OF ILTA | FALL 2017 Artificial Intelligence: Transforming How Professionals Work ILTA's Strategic Relationship with iManage MEMBER RESOURCES The Benefits of AI Document-centric organizations have large amounts of data but rarely leverage that information to provide deep analysis. With ML and AI technologies, the more data the system ingests the beer the results produced. One of the simplest uses of this technology is clause extraction for large-scale contract analysis for clients. Internal use can include automated document tagging for auto profiling, security, compliance and knowledge management. The possibilities are endless, driven by the common needs of the legal industry and the unique needs of individual firms. This duality allows the industry as a whole to become more productive by sharing fundamental AI models, while firms can create proprietary models that drive individual competitive advantage. These results would be impossible to deliver to clients in a financially viable manner using manual curation techniques. iManage allows small organizations to compete with larger ones and large firms to leverage their economies of scale, tapping into the intellectual capital hidden in documents created by current and past professionals. P2P Dean Leung Chief Customer Success Officer iManage Strategic Relationship Liaison Andrew Powell Director of IT at Macfarlanes LLP Strategic Vendor Liaison Dean Leung Chief Customer Success Officer at iManage Learn more about ILTA's Strategic Relationship Liaisons at www.iltanet.org/about/ilta-srls. What Motivates and Drives Your Vision Faced with growing competitive pressures, changing workforce, security concerns and more demanding clients, law firms and corporate law departments are transforming how they operate to gain a competitive advantage. Effectively managing, securing and harvesting information is fundamental not just to growth but to the very survival of a firm. This has motivated iManage to apply the best science and technology available to help law firms address these opportunities and challenges, including user experience design, cloud architectures and artificial intelligence. The iManage Cloud Work 10 was built from the ground up as a cloud and mobile-first application to provide service levels, performance, security and reliability that are difficult to accomplish on- premises or in legacy clouds. The modern cloud shis IT resources from the commodity work of datacenter operations to a focus on supporting the practice of law. Machine Learning and Artificial Intelligence Machine learning (ML) and artificial intelligence (AI) combined with on-demand cloud performance will transform the industry. We are adding RAVN AI technology to the tools that lawyers use to enhance the existing day-to-day experience without revealing the complexity of the underlying technology. Recently Andrew Powell, Director of IT at Macfarlanes LLP and the ILTA Strategic Relationship Liaison to iManage, spoke with Dean Leung, Chief Customer Success Officer at iManage. They talked about iManage's implementation of AI to help law firms and corporate law departments beer address challenges and opportunities.

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