ravn system
iManage Acquires Leading Artificial Intelligence Pioneer RAVN Systems - Legal IT Professionals
Founded in 2010, RAVN has developed an AI platform that can organize, discover and summarize relevant information from large volumes of documents and unstructured data. Businesses are using RAVN's unique technology to analyze legal documents like contracts and leases, identify information which is privileged or subject to compliance and automate document classification for easier search and governance. "We have been using RAVN over the past seven months to analyze global supplier agreements," said Horia Selegean, Head of Revenue & Margin Assurance, BT. "We anticipate cost savings of tens of millions of pounds every year through discovering contract optimizations and synergies." The Serious Fraud Office, a UK-governmental department in charge of prosecuting complex cases of fraud and corruption, recently used RAVN to help a team of investigators sift through 30 million documents. RAVN processed 600,000 documents per day – a target that would be nearly impossible for a human work staff – allowing investigators to save many months of work.
iManage Acquires Leading Artificial Intelligence Pioneer RAVN Systems
Founded in 2010, RAVN has developed an AI platform that can organize, discover and summarize relevant information from large volumes of documents and unstructured data. Businesses are using RAVN's unique technology to analyze legal documents like contracts and leases, identify information which is privileged or subject to compliance and automate document classification for easier search and governance. "We have been using RAVN over the past seven months to analyze global supplier agreements," said Horia Selegean, Head of Revenue & Margin Assurance, BT. "We anticipate cost savings of tens of millions of pounds every year through discovering contract optimizations and synergies." The Serious Fraud Office, a UK-governmental department in charge of prosecuting complex cases of fraud and corruption, recently used RAVN to help a team of investigators sift through 30 million documents. RAVN processed 600,000 documents per day -- a target that would be nearly impossible for a human work staff -- allowing investigators to save many months of work.
Artificial Intelligence & Law: Meet the Self-Service AI Robot Coming to the Legal Industry -
Artificial Intelligence (AI) leaders and experts in Enterprise Search and Knowledge Management solutions, RAVN Systems, is blending the world of tech and law with their latest AI endeavors: a self-service robot that promises big things for the legal industry. Through the use of a self-service AI portal, RAVN Systems' newest tech allows law firms to train an AI robot to perform any custom tasks necessary. The robot, known as RAVN Extract Direct, is a self-service version of the London company's older model RAVN Extract, which allowed users to use AI technology to automatically summarize, analyze, and extract key information from documents. The distinction of RAVN Extract Direct's self-service feature is integral, as it's what enables clients to be in complete control of the information obtained by the robot. RAVN's AI robot gives clients a more nuanced AI experience by allowing them to have complete control over the platform.
RAVN joins Fireman & Company in Creating New AI - DATAVERSITY
PRNewswire has reported on RAVN Systems, leading experts in Artificial Intelligence (AI), Search and Knowledge Management solutions, and Fireman & Company, the leading management consulting firm for law firms and corporate legal departments, announcing a strategic partnership to deliver revolutionary Artificial Intelligence (AI) and enterprise search technology to the North American legal market. This strategic partnership will provide law firms and corporate legal departments with the most advanced AI search platform on the market. Peter Wallqvist, CEO at RAVN Systems commented, "We are excited to collaborate with Joshua Fireman and his team and align our collective focus of transforming legal services through innovation. RAVN's search technology will provide firms and corporate clients with a radically enhanced Universal Search and Knowledge Management tool that exploits Artificial Intelligence to efficiently capture, find, manage and collaborate on their organisations' information estate. The technology's advanced features include Expertise Location, Clause Extraction and a Knowledge Graph to navigate links between knowledge types across the enterprise."
RAVN publishes White Paper: The Power of Understanding AI in The Legal World - Legal IT Professionals
RAVN Systems, experts in Artificial Intelligence and Search, are pleased to announce the release of their latest white paper on "The Power of Understanding Artificial Intelligence in the Legal World. As we head towards The Age of Artificial Intelligence what does this mean for the legal market? RAVN's suite of Artificial Intelligence solutions are leading the charge in legal innovation along with a handful of other providers. Truly understanding what each of these legal technologies can do can be somewhat daunting for lawyers and law firms. RAVN's white paper helps demystify AI and uncovers various use cases of RAVN's AI technology.
UPDATED: Ethien appoints former OC and Freshfields partner as head of business solutions and partners with RAVN Legal IT Insider
New managed legal services, technology and advisory firm Ethien has hired Osborne Clarke consultant and former Freshfields Bruckhaus Deringer partner Paul Taylor as its head of business solutions as it also announces a new strategic partnership with RAVN Systems. Taylor, who joined OC as a partner in its digital business team in 2007, will work with Ethien's law firm and in-house legal clients to develop solutions that help improve quality and efficiency and reduce risk within legal services delivery. He will also act as Ethien's general counsel. For the past three years Taylor has worked on service delivery improvement within OC, designing many of the solutions developed for the firm's clients. This involved the development of integrated solutions allowing OC's lawyers to collaborate directly with in-house counsel on a common work platform.