The legal landscape is changing. The onslaught of structured and unstructured data that needs to be researched, analyzed and applied to the myriad legal processes has been ripe for innovation. With the advent of AI, machine learning and cloud-based services, among other technologies, a historically risk-averse industry is now taking notice.
Three years ago Ryerson University was the first to establish the Legal Innovation Zone as part of its ever-expanding portfolio of tech incubators. In March of this year, Evichat won the Zone’s Artificial Intelligence Legal Challenge for its development of an AI social media eDiscovery tool. This year, the award was supported by the Ministry of the Attorney General. Second place went to Diligen, an AI contract review company; followed by Splyt, an automated online tool for managing divorce.