The application of machine learning to the legal process is the ultimate tool to gain unparalleled insight into vast troves of legal documents at a speed that far surpasses human capacity. Sponsored By: Appdetex Get the timely legal news and critical analysis you cannot afford to miss. Whilst the digitalisation of documents made things easier, advisors still had to spend lots of time scrolling through hundreds of documents to identify clauses.”. Implementing legal technology is key to achieve this. Slaughter and May advised Blackstone’s Tactical Opportunities business on its investment in Ki, Slaughter and May is advising M&G PLC on its acquisition of Ascentric, Asset Managers and the ESG Tsunami: Get ready for the tide of ESG disclosures, Adding colour to Stewardship reporting: FRC publishes its Review of Early Reporting to the Stewardship Code. UK | Legal Week. Unlock premium content with a free 3-day trial Celebrating achievement, excellence, and innovation in the legal profession in the UK. }); Webcast date: November 18 || In this webcast, understand how to create breach management and notification processes and employ risk transfer solutions to better protect your organization overall. Contentious Construction - London, 12 months FTC, 5-8 PQE, Legal Counsel - Asset Finance - London - 2+PQE, Tax/Private Client lawyer, Singapore, 3 to 6 years' PQE, Commercial Property Lawyer - NQ-3 PQE - Channel Islands, Brexit Blow as UK Lawyers Told They Will Not Receive Irish Practising Certificates, UK Firm Cuts 46 Roles In Latest Redundancy Consultation Wrap Up, Jones Day Distances Itself From US Election Fraud Row, What a Biden Administration Means for Law Firms Around the World. Luminance’s core intelligence, ‘LITE’ (Legal Inference Transformation Engine), applies a pioneering blend of supervised and unsupervised machine learning to read and analyse contracts, without prior training or configuration. var myDate = new Date(parseInt(1605031834000)); Jan notes: “In the past, lawyers would sit in a room with boxes of hard copies of documents. Privacy Policy. View Jan Smit’s profile on LinkedIn, the world's largest professional community. Magic Circle law firm, Slaughter and May, is renowned as a leader of innovative services, having first tested and helped develop Luminance, the leading AI tool for lawyers. Brexit Essentials: Will this deal get Brexit done? Site Map / With the U.S. election (kinda sorta) behind us, transactional lawyers and other professional dealmakers still have plenty to keep them up at night—including the incoming presidential administration and a potential power shift in the U.S. Senate. By operating as a seamless extension of a lawyer’s review process, Luminance’s ground-breaking machine learning technology allows lawyers to get to the crux of the deal with unparalleled speed and insight. Whilst document review will no doubt always be part of a trainee lawyer’s life, software like Luminance means that Slaughter and May’s junior lawyers will not just be wading through repetitive contract analysis, but will be able to apply and hone their newly acquired legal skills and knowledge, helping to retain the lawyers they have invested time into training. Terms of Service/ November 12, 2020 - November 14, 2020 | Asia Pacific }); In today’s world, the first place people go to find the services they need is the internet. We speak to Jan Smit, the firm’s Knowledge and Innovation Manager about why he thinks legal technology should be an integral part of law firms’ practices and business models: 27 May 2020 Slaughter and May is advising M&G PLC on its acquisition of Ascentric Jan is Head of our Financial Regulation Group and a member of our Financial Institutions Group. 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Her areas of focus are corporate, M&A, private equity and restructuring at UK and City-based US law firms. “All of a sudden, lawyers have a complete overview of documents - without anyone even having to touch the system”, Jan notes. Tailored just for you. Your article was successfully shared with the contacts you provided. November 19, 2020 Log in or get your free trial today. document.addEventListener('DOMContentLoaded', function() { Zack Needles | All Rights Reserved. Manchester, North West England, United Kingdom. Legal Compass includes access to our exclusive industry reports, combining the unmatched expertise of our analyst team with ALM’s deep bench of proprietary information to provide insights that can’t be found anywhere else. Sustainability and Climate Change Resources, Modern Slavery – Slavery and Human Trafficking Statement, Go to Financial Regulation Weekly Bulletin, Go to Sustainability and Climate Change Resources, A number of M&A transactions in the UK challenger bank sector, including advising. Learn how deep contract insights enable more efficiency and speed up deal velocity. Copyright © 2020 American Lawyer Media International, LLC. It's the latest U.S. firm to expand in Brussels, as lawyers anticipate that European regulators will increase scrutiny of their clients. A weekly, curated selection of our international content from around the globe, across the business of law, in-house, regulatory, technology and more, with expert insights from our senior editors. Gain a full understanding of your dataset, Trawling through hundreds or thousands of documents is no longer feasible for the modern-day lawyer. Customer Service / Please complete the form below to receive your Luminance brochure. | var myDate = new Date(parseInt(1602605387000)); In your inbox. Slaughter and May has ditched firm-subsidised ski trips following an allegation of sexual harassment, it has emerged. North America Already have an account? This established international firm is seeking a mid-level associate with a strong background in dealing with HNW private client matters.You... Economic uncertainty is requiring general counsels to reimagine the future of their departments. He acts for a broad range of financial institutions, including banks, investment banks, brokers, insurance and reinsurance groups, market infrastructure operators and asset managers. Dynamically explore and compare data on law firms, companies, individual lawyers, and industry trends. He is at the forefront of the industry’s thought leadership on the impact of Brexit. Middle East and Africa November 08, 2020. What firms are increasing partner headcount and in which markets & practices? Please complete the form below and we will contact you to arrange a demo of Luminance. A step-by-step framework for structuring, drafting and closing a venture capital deal from the perspective of both the company and the investor. As well as significantly reducing the time spent on ‘sampling’ exercises, Luminance’s technology provides lawyers with an all-encompassing oversight into a document room, putting lawyers at the forefront of their review, and the negotiation. By using technology like Luminance, law firms can redirect resources to higher value tasks, evolving the services they provide. About Us / Two Slaughter and May partners have topped the list of female corporate lawyers acting on the highest value of deals in the Europe, Middle East and Africa (EMEA) region during 2019. Join this webcast to explore what to do with the thorniest of cases when store complaints aren’t the right choice for enforcement. Incorporating machine learning into legal workflow is increasingly being recognised as being business and client-savvy. Slaughter and May Duo Lead Female Corporate Partner Rankings Other Magic Circle lawyers were also among the busiest women in EMEA corporate law in 2019, according to the new rankings. Sponsored By : Podium Slaughter and May advised RiverStone Holdings Limited on its acquisition of the Neon Group from American Financial Group, Inc. View the profiles of professionals named "Jan Smit" on LinkedIn. International Edition, Unlimited access to Briefings that deliver a comprehensive review of the latest news and analysis on the dynamic global commercial legal market, Tailored alerts you create by following a topic or keyword search, Access to career development tips, plus trends and insights from law firms and our expert editors to help you build your skills and make more informed decisions as you progress in your career, Coverage of Legal Week's market-leading events and awards including The British Legal Awards, the Legal Week Innovation Awards and Legal Week Connect. Copyright © 2020 ALM Media Properties, LLC. $("#sub1").append( pday ); var pday = moment(myDate).format("MMMM DD, YYYY"); Luminance enables lawyers to start their review with a greater level of insight than is typically possible after weeks using traditional methods, resulting in significant time savings on day one of use, and increasing exponentially as the advisor continues to interact with the platform. ", Linda A. Thompson Jan is Head of our Financial Regulation Group and a member of our Financial Institutions Group. See the complete profile on LinkedIn and discover Jan’s connections and … This white paper explains the best way to keep your legal department nimble and on budget. Technology and innovative legal services providers have made it easier than ever for organisations to embrace remote legal work. Jan has been recognised as a leading individual in the 'Financial Services: Non-contentious Regulatory' section of Chambers UK, and is the contributing editor of The Banking Regulation Review (Law Business Research, since 2010). “He has a brilliant mind and very sound judgement" Chambers UK 2020, One Bunhill RowLondonEC1Y 8YYUnited Kingdom, 2906-2909 China World Office 2No.1 Jianguomenwai AvenueBeijing 100004China, 47th Floor, Jardine HouseOne Connaught Place, CentralHong KongChina, Slaughter and May is advising OneSavings Bank plc on the introduction of a new holding company, Slaughter and May is advising Ageas (UK) Limited on the sale of its 50.1% stake in Tesco Underwriting Limited to Tesco Personal Finance Plc. We speak to Jan Smit, the firm’s Knowledge and Innovation Manager about why he thinks legal technology should be an integral part of law firms’ practices and business models: Law firms are expected to keep up with client expectations and demand which, like the legal landscape, is constantly changing.

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