find the latest legal job
Corporate Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Highly-respected, innovative and entrepreneurial Not-for-Profit · Competency based Board
View details
Chief Counsel and Company Secretary
Category: Generalists - In House | Location: Newcastle, Maitland & Hunter NSW
· Dynamic, high growth organisation · ASX listed market leader
View details
In-house Projects Lawyer | Renewables / Solar | 2-5 Years PQE
Category: Generalists - In House | Location: All Australia
· Help design the future · NASDAQ Listed
View details
Insurance Lawyer (3-5 PAE)
Category: Insurance and Superannuation Law | Location: Brisbane CBD & Inner Suburbs Brisbane QLD
· Dynamic organisation ·
View details
Legal Counsel
Category: Corporate and Commercial Law | Location: North Sydney NSW 2060
· 18 month fixed term contract · 3-5 years PQE with TMT exposure
View details
Firm to provide tool 'unlike anything in the market'

Firm to provide tool 'unlike anything in the market'

James Whittaker

A national firm has entered into a joint venture with a Canadian start-up to launch a new entity, designed to provide a unique service to Australian and New Zealand markets.

Corrs Chambers Westgarth, together with Beagle, has announced the launch of Beagle Asia Pacific Pty Ltd – a new entity established to provide practical and accessible artificial intelligence technology.

Corrs partner James Whittaker (pictured) said the 50-50 joint venture is set to “revolutionise the way Australian and New Zealand companies are using AI technology”, with Beagle’s software and productivity tools offering companies a “scalable and affordable product unlike anything currently available in the market”.

“This is an AI-based narrative review, which gives clients the benefits of AI without having to commit to the expensive and lengthy process which is the current norm,” said Mr Whittaker.

“Up until this point, many companies have had to rule out using AI for contract analysis because they haven’t had the scale or the budget.

“Beagle’s software addresses this market gap and, rather than being confined to use within legal departments, it can create benefits right across the enterprise structure, from legal to procurement, contract administration and management, risk, insurance, IT and IP.”

According to Beagle founder Cian O’Sullivan, Beagle’s technology is able to digest and identify important elements within text at approximately one page per second. The platform augments a user’s ability to make appropriate decisions and does so in a way that increases the uniformity of these decisions in accordance with the organisation’s policies and procedures, he said.

“Instead of adopting the common reactive approach of other software platforms in the market, which look at what a company has agreed to previously, this platform is focused on quickly learning what is needed by a company based on its own policies and culture, and then helping decision-makers stay within those boundaries,” said Mr O’Sullivan.

“This approach drastically improves corporate compliance and provides exceptional transparency, in fractions of the time currently invested.”

Corrs partner and CEO John Denton AO said the joint venture reflects the firm’s strategy to embrace technology and pioneer new ways of adding value.

“At Corrs, we recognise the continued and increasing importance that technology is playing throughout the business landscape – both in legal departments and more broadly. Our aim is to be at the forefront of these changes, to catalyse them,” he said.

“The key to ensuring we thrive in the shifting delivery of legal services is to ensure our innovations deliver value to the market.

“At times, this extends beyond our immediate client base, and our joint venture with Beagle is a great example of this.”

Beagle Asia Pacific Pty Ltd is being introduced to the market as a pilot program for a select number of Corrs’ clients.

The software will eventually be available to all businesses in Australia and New Zealand, not just Corrs' clients.

Artificial intelligence will be one of the many topics discussed at the inaugural Lawyers Weekly Future Forum. 

The event will be held in Sydney on 9 November and in Melbourne on 11 November. For more information, click here


Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Firm to provide tool 'unlike anything in the market'
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Applauds
07:00
LCA applauds proposed Modern Slavery Act
The Law Council of Australia has welcomed new recommendations for the development of a Modern Slaver...
Mentoring
07:00
Top-tier offers targeted mentoring for Indigenous law students
Students at Macquarie University will be the first to benefit from a new Indigenous mentoring progra...
LCA president Fiona McLeod SC
Aug 17 2017
Where social fault lines meet the justice gap in Aus
After just returning from a tour of the Northern Territory, LCA president Fiona McLeod SC speaks wit...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...