Challenge one
Contract creation
and management
Legal contracts are static, highly manual to create and manage, and difficult to analyse at scale. This creates difficulties for law firms and clients alike in both managing existing contracts effectively and making sure their legal agreements are the best they can be, for all parties and stakeholders.
We’re interested in solutions that can help us enhance contract management, reduce manual work and decrease time spent creating contracts. Such solutions may include, but not be limited to, data analytics, machine learning and artificial intelligence (AI), data management, blockchain, natural language processing (NLP), application programming interfaces (API), algorithm-driven automation and reporting applications.
Challenge two
Risk assessment, management and compliance
There is increasing demand among businesses for detailed advice on risk exposure and compliance response. However, there are significant technical and operational barriers to identifying, assessing and prioritising risks, and setting and simplifying compliance controls, as part of a risk management framework. Similarly, businesses find it difficult to both operationalise and culturally embed these practices and mindsets.
We’re interested in solutions that can help us support our clients in understanding their risk and compliance issues and embedding processes for ongoing management. Such solutions may include, but are not limited to, data analytics, machine learning and artificial intelligence, data management, natural language processing (NLP), reporting and enterprise risk management (ERM) applications.
Have an innovative solution that doesn't solve the above challenges?
We still want to hear from you!