Global law firm Dentons has teamed up with applied AI developer RAVN Systems to examine contracts that could be affected by Britain’s exit from the EU and its legal and regulatory umbrella.
The project has been undertaken via Dentons’ technology development company, Nextlaw Labs.
In a joint statement Dentons and RAVN said: ‘The technology automatically reviews high volumes of contract documentation to identify provisions that could potentially be impacted by the UK’s secession from the EU.’
‘Using a bespoke algorithm that has been developed by RAVN with input from Dentons’ subject matter experts, a report is produced highlighting areas that merit further investigation and where appropriate giving legal advice as to the steps they should consider.’
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