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

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

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

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Inside the Amex Centurion Lounge at JFK Airport; tour, photos, details - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. EndSARS EndBadGovernmentinNIGERIA EndPoliceBrutalityinNigeria 🔥 Check It Out 🔥 Fantastic very clean and elegant
Source: BusinessInsider - 🏆 729. / 51 Read more »

Trump's campaign nearly went broke for the 2020 homestretch, insiders say - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. If you want to start a new business on an online platform it is very important to have social media profiles according to your business. So, Don't waste time! Hire me, I will set up social accounts for you at a cheap rate. Order visit & see my services: Name who your insiders are A must watch, documentary about trump administration handle COVID-19.. available on Amazon.. TOTALLY UNDER CONTROL Trailer (2020) Coronavirus, President Trump ..
Source: BusinessInsider - 🏆 729. / 51 Read more »

Coronavirus: UK Police have new power to check if people self-isolate - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. good 🔥 Check It Out 🔥 The British doing what China did... Just like having all those surveillance cameras on their streets...
Source: BusinessInsider - 🏆 729. / 51 Read more »

Toyota is creating a Lunar Cruiser for Japan's space exploration agency — take a look - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 🔥 Check It Out 🔥 wow Does it come with 'On Star' 😄
Source: BusinessInsider - 🏆 729. / 51 Read more »