Baker McKenzie launches AI-driven partnership with SparkBeyond - Business Insider

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Baker McKenzie just teamed up with an AI platform to help clients make better business decisions. A partner lays out how the tech will help the firm 'make meaning out of the volatility'.

law firm Baker McKenzie announced that it is partnering with SparkBeyond, an AI-powered problem-solving platform, to use data to better predict client needs.

The partnership marks the launch of the law firm's new global innovation arm, Reinvent, led by Ben Allgrove, technology partner at Baker McKenzie and global head of its research and development department. Reinvent's goal is to boost what tech is already being used in the legal industry: "We want to bolster what we have to become a proper SWAT team, with the proper tools and data to implement real change," said Allgrove.

"The industry is ripe for disruption," Haramaty said. "But it's not just the rightness of the opportunity, but also the rightness of the partner. I don't know how many law firms have a practicing partner that is also the head of R&D." Technology can help overcome this one-dimensionality and the biases it can create. SparkBeyond uses a "glassbox" approach, where its machine learning will generate millions of hypotheses, assigning each scenario a score, and selecting the strongest ones through its algorithm.

Baker McKenzie plans to start feeding SparkBeyond's glassbox its own data, before expanding to clients

 

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