Adam Nguyen, eBrevia's co-founder and COO, will speak at the ABA's Corporate Counsel CLE Seminar in La Quinta, CA on what artificial intelligence can do today and may be able to do in the future for the legal profession. The panel, “Autonomous Lawyering: Predictive Analytics and Artificial Intelligence are Changing the Practice of Law”, will also explore the legal restrictions on lawyers’ use of AI and the implications of AI for the legal profession.
Adam Nguyen to Explore Implications of AI on Legal Profession at ABA's 2018 Corporate Counsel CLE Seminar
eBrevia's co-founder & COO, Adam Nguyen, will be presenting case studies showing how eBrevia’s clients have achieved great results by combining eBrevia's artificial intelligence solutions and professional services. The LegalTech educational track, “The Future for ALSPs is Now: How Combined Service/Technology Solutions Build Scale and Leverage Emerging Technologies”, will also feature Jeff Sharer, Co-chair of Akerman’s Data Law Practice.
Adam Nguyen to Present eBrevia Case Studies at LegalTech 2018
eBrevia was named one of the top ten transactional support services companies to watch in 2018 by Disruptor Daily. Disruptor Daily writes that “eBrevia artificial intelligence is unprecedented in its ability to automate contract review” and that "eBrevia is changing the way the legal industry reviews its contracts.”
10 Transactional Support Services Companies to Watch in 2018
Ned Gannon, eBrevia’s CEO, joined a panel entitled Deep Dive into New Accounting Standards as part of the 21st Annual SEC Hot Topics Institute sponsored by Donnelley Financial Solutions in Cleveland, OH. The panel of legal and accounting experts focused on implementation of the revenue recognition (ASC 606/IFRS 15) and lease capitalization (ASC 842/IFRS 16) accounting standards. One of the major pain points in the implementation process for complying with each of these standards is the review and extraction of data from large volumes of customer contracts and leases respectively. eBrevia’s machine learning software is well-suited to assist with this task. Other panelists included Richard Stovsky, PwC, Gerard Emery, EY, and Marybeth Shamrock, KPMG.
In partnership with Donnelley Financial Solutions, Preethy Prakash, eBrevia’s Director of Account Management, presented a CLE course entitled “Artificial Intelligence and Contract Review” for the Nashville chapter of the Association of Corporate Counsel. The CLE was held at HCA's headquarters, and described the origins of artificial intelligence, how it works, and implications for the legal industry today.
Tennessee Chapter NASHVILLE: Artificial Intelligence and Contract Review
At Farella Braun + Martel's 11th Annual Client MCLE Day in San Francisco, CA, eBrevia's co-founder and COO, Adam Nguyen, presented eBrevia's solutions and capabilities as part of a panel entitled, "Harnessing the Power of Artificial Intelligence". Attendees learned how artificial intelligence can help organizations spend less time on tedious drudge work and more time on high value lawyering.
Farella Braun + Martel's 11th Annual Client MCLE Day Featured Adam Nguyen
Ned Gannon, eBrevia’s CEO, joined a panel entitled Current Accounting Issues as part of the 13th Annual Corporate Securities Forum in Philadelphia, PA. The panel of legal and accounting experts focused on implementation of the revenue recognition (ASC 606/IFRS 15) and lease capitalization (ASC 842/IFRS 16) accounting standards. A significant bottleneck in the implementation process for complying with each of these standards is the review and extraction of data from large volumes of customer contracts and leases respectively. eBrevia’s machine learning software is used to accelerate this aspect of the process while improving accuracy. Other panelists included Jill McCormack, PwC, Peter Bibles, EisnerAmper LLP, Jeffrey DiGiovanni, The Pine Hill Group, and Dennis Johnson, Qlik.
The Clear Law Institute featured eBrevia's co-founder and COO, Adam Nguyen, as an instructor for its course, “Structuring Commercial Agreements for New Products and Services in Transformative Industries – Artificial Intelligence, Cloud Computing, the Sharing Economy and More”. The course provides information on how to navigate requests from business clients relating to new technological paradigms. A recording of the webinar can be accessed via ClearLawInstitute.com
Adam Nguyen Participated as Lecturer in Clear Law Institute's Webinar on Structuring Agreements in AI and other Innovative Industries
Leading global law firm Baker McKenzie announced the selection of eBrevia as its Artificial Intelligence tool of choice to be used on M&A and other transactional work for its global clients. The Firm is combining its legal expertise with eBrevia’s industry-leading artificial intelligence to assist in performing contract analysis across a significant portion of its global Due Diligence work delivering accurate and efficient contract review in Asia, North America and Europe. Many Baker McKenzie offices are tailoring eBrevia’s machine learning to individual practice groups and jurisdictions. Paul Rawlinson, global chair of Baker McKenzie says: "Digitization, Artificial intelligence and Machine Learning are all very real and the legal industry is right in the middle of the changes they will bring. Being truly innovative means listening to clients and understanding the challenges they face - so we can adapt and make sure the service we provide fits not just for today's technological challenges but also for the future."
Related coverage from Legal IT Insider:
Baker McKenzie selects eBrevia for contract review after threeway competitive pitch
eBrevia was selected as one of the top hundred disruptive legal companies by Disruptor Daily. According to Disruptor Daily, eBrevia “has the potential to single-handedly disrupt more industries(arguably) than any company on this list.”
Ned Gannon, eBrevia’s CEO, joined a panel of four other successful entrepreneurs from the classes of ’92, ’02, and ’12 at the Harvard Law School 2017 Reunion to discuss founding and growing companies, transitioning from a lawyer to entrepreneur, and legal technology. The audience which included Harvard Law alumni from around the world benefited from the panel’s diverse set of experiences and candid comments.
In an article entitled “No Corner Offices in the Law Firms of the Future (And That's Not a Bad Thing!)” the Recorder describes how technology is changing the practice of law and influencing law firm office space needs. The article states “Paralegals and first year associates are often expected to wade through enormous amounts of often-unstructured data, and this is, of course, a massive time sink. But new versions of AI can wade through and analyze this data effectively, freeing up humans to do the more cerebral work. AI can also be trained to help predict litigation and search documents for concepts instead of keywords, leading to more sophisticated search practices that will in turn eliminate the necessity for document review. For example, the company eBrevia uses AI to speed up the industry-standard processes of contract analysis, due diligence, and lease abstraction—all of which can suck up huge chunks of time (and blow through the client's budget).”
A recent article entitled “Robots aren’t automating the jobs we want them to” highlights the somewhat counterintuitive results related to which jobs are susceptible to automation and which are not. With respect to the legal industry, the article states “The practice of law requires many years of studying and understanding laws, cases, and other legal precedence. Recent advances in AI have made the automation of those tasks possible; to date, case law, contract law, and advocacy law have seen the most automation….eBrevia uses AI to extract data from contracts to accelerate diligence, contract analysis, and other related applications.”
Adam Nguyen recently taught the course, “Artificial Intelligence in Legal Knowledge Management”, via LawLine.com. The course served as an introduction to AI’s use for legal research and knowledge management. Topics included how research challenges for litigators, diligence and management agreements, intellectual property rights, cloud security, and ethical issues relate to the implementation of artificial intelligence. This course can be purchased at LawLine.com
Adam Nguyen Participated in LawLine’s Lecture on AI and Knowledge Management
Legal Talk Network
In this report from On The Road, host Monica Bay talks with eBrevia founder and CEO Ned Gannon, Allegory founder and CEO Alma Asay, and Alt Legal founder and CEO Nehal Madhani about the Above the Law Legal Innovation Awards. In addition to discussing their companies and the applications for their legal technologies, the group provides advice to other entrepreneurs looking to refine how they market their products.
eBrevia and Donnelley Financial Solutions are deepening a strategic partnership that will make legal due diligence faster, more accurate, and secure for users of Donnelley's Venue Data Room. The partnership reflects Donnelley Financial Solutions' commitment to providing the most fit for purpose and advanced technology to meet the needs of dealmakers worldwide.
Venue Contract Analytics, part of the Venue Deal Solutions suite, uses eBrevia machine learning technology to make contract review fast, accurate, and effective.
Ned Gannon, eBrevia’s CEO, joined a panel of real estate technology entrepreneurs to discuss real estate’s frontier tech at the mipim PropTech Summit. The panel which also included David Eisenberg, Founder & CEO, Floored, Ragnar Lifthrasir, Founder, International Blockchain Real Estate Association, and Dr. Jeff Wilson, CEO, Kasita, focused on advances in some of the most innovative technology in commercial real estate today. The summit was part of the broader NYC Real Estate Tech Week.
eBrevia is among a select group of cutting-edge technology companies using artificial intelligence behind-the-scenes to help lawyers complete an array of daily tasks.
Find out six ways artificial intelligence like eBrevia is helping lawyers--without them even noticing--in areas from document management to employee management, here.
Thomson Reuters and MaRS LegalX presented the Emerging Legal Technology Forum at MaRS Discovery District in Toronto, a premier forum showcasing top legal industry professionals and change leaders taking a comprehensive look at ways to use technology to revolutionize legal practice.
The program examined the current state of technologies available and the impact they have in the firm, how contract and document automation change the transactional practice, the design change requirements to leverage technology to improve delivery of legal services, and the power in leveraging legal data analytics.
The panel entitled “Object Lesson: How Contract Automation is Changing the Transactional Practice” featured:
Ned Gannon, Chief Executive Officer, eBrevia, Inc
Fred Headon, Assistant General Counsel – Labor and Employment Law, Air Canada
Mara Nickerson, Chief Knowledge Officer, Osler, Hoskin & Harcourt LLP
Mark Tamminga, Partner, Leader of Innovation Initiatives, Gowlings WLG
Andy Wishart, Global Head – ContractExpress, Thomson Reuters
In coordination with event sponsor RR Donnelley, Ned Gannon, eBrevia’s CEO, presents The Latest Techniques and Tools to Streamline Due Diligence at the American Bar Association’s 2016 M&A Committee Conference in Laguna Beach, CA. The talk covers how artificial intelligence is being applied on the transactional side of the legal industry and focuses on contract analytics specifically. The audience consists of approximately 150 corporate attorneys, and the presentation includes a lively Q&A session.