Artificial Intelligence For Legal Documents – Legal Robot

Finding Genius Podcast

Richard Jacobs

Medicine, Health & Fitness

4.4 • 1K Ratings

🗓️ 1 December 2016

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Legal Robot's Artificial Intelligence engine can scan a long form contract, and provide you with a 1 page summary of all the important issues contained in the contract, as well as red flags that may be present. Complex legal language is transformed into digestible, easy-to-understand elements for the lay person.
Dan Rubins explains how Legal Robot's AI uses machine learning, deep learning, natural language processing, and more to understand complex legal language, then compare a given contract, lease, or agreement with language in other contracts, quickly identifying the responsibilities, rights, and terms of the contract – all done automatically.
For deep understanding of how the whole process works, listen to this interesting podcast, share and subscribe.

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to Almost Here, Around the Corner of Future Technology Podcasts with Richard Jacobs.
0:07.9	Future Technologies always to transform our lives for better or worse are the focus of this podcast.
0:13.6	Almost here means these technologies are now here and starting to be used.
0:18.1	We're just around the corner.
0:19.7	From Bitcoin to artificial intelligence, 3D printing, blockchain, virtual reality, and more.
0:27.6	Okay, this is Richard Jacobs with the Future Tech podcast, Around the Corner of Future Technology.
0:34.5	Today I'm talking with Dan Rubens, co-founder of legal robot. Dan, how you doing?
0:41.4	Good. Thanks. Yeah, thanks for coming on the show. I really appreciate it. It's going to be
0:46.8	interesting. We're going to be talking about artificial intelligence and how your firm is using
0:50.5	it in the legal field. So can you give a quick background on what it is legal robot does
0:55.9	and what areas of the legal industry works in?
0:59.6	Sure.
1:00.8	So at a high level, we analyze contracts with machine learning.
1:05.6	We try to make them more understandable
1:07.3	and help free companies from some of the friction that the contracts cause
1:14.0	in their legal processes.
1:17.7	So, okay, are you using natural language processing to interpret what's in a contract?
1:23.1	Is that how it works?
1:24.9	Yeah, we use natural language processing and some other forms of machine learning.
1:31.3	There's one sort of specific field of machine learning called deep learning.
1:35.9	And we use that to sort of understand how people use legal language in practice and then
1:43.3	use that to understand how it's being used in the
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Richard Jacobs, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Richard Jacobs and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.