CHICAGO, Aug. 8, 2019 /PRNewswire/ — Corporate legal departments and law firms around the world have begun using legal AI technology to streamline their processes. Among other functions, AI-powered solutions gather and analyze legal information and predict future outcomes. Some other applications of Legal AI software include e-discovery, legal research, document review, due diligence, Intellectual Property (IP) management, compliance, case prediction, contract lifecycle management, divorce automation, e-billing, and knowledge management.
360Quadrants, the most granular comparison platform, has released a startup quadrant on Legal AI Software to help businesses make quicker and more informed decisions. This quadrant has placed PracticeLeague Legaltech, Luminance Technologies and Ross Intelligence in the progressive company space. 360Quadrants are generated post analysis of the product portfolios and business strategies of all companies in a particular space. Quadrants are updated every three months based on market and regional analyses and developments in the Legal AI Software segment.
Legal AI Software Quadrant Highlights
360Quadrants covers 25 startup companies in the Legal AI Software space and places them in a quadrant based on their quality, reliability, and business outcome. 22 of these companies are categorized as Progressive Companies, Responsive Companies, Dynamic Companies, and Starting Blocks.
360Quadrants recognizes PracticeLeague, Luminance Technologies, Leverton and Ross Intelligence as Progressive Companies; Lawpavilion as a Responsive Company; LegalRobot, Pensieve and Autto as Starting Blocks; and BrightFlag and Nalandar Technology as Dynamic Companies. The 360Quadrants platform provides the most granular comparisons of Legal AI Software startup vendors.