イノベーション

Solution

We build a custom contract review solution within our Generative AI platform, SHarper AI. The custom solution supports the work undertaken by the firm’s lawyers and delivers text extraction, legal analysis and reporting functionality tailored to the specific needs of our clients in the context of their DORA compliance work.

Impact

Our solution has enabled us to speed up our review time while continuing to deliver the same high quality service. This has resulted in us being able to handle a higher volume more efficiently, and has led to more certainty on fees for clients

Solution

We worked closely with the client to determine where efficiencies could be gained from both an internal and an external perspective. As a result of the collaborative review, we: developed new template form documents, which achieved the client’s initial goal of speeding-up its negotiation process; helped the client replace its lease summary documents with new versions, allowing for formatted data to be brought into the client’s IT system sooner; and created a new cloud-based platform to enable the client to better track the progress of its lease transactions. We continue to work alongside this client to further improve its transaction and stakeholder management processes.

Impact

As a result of our collaborative project we improved transaction processing time by 23%.

Solution

We deployed Technology Assisted Review or TAR. TAR uses Artificial Intelligence to classify documents, based on input from expert reviewers. TAR was used to prioritise the documents that we reviewed, prioritising the human review of documents that it deemed most likely to be relevant to the case. The technology was run over the c. 80,000 document set. After a couple of training rounds the TAR analysis model determined that only a small number of documents (around 14,000) were likely to be relevant. As the review progressed, we expanded the training rounds to further improve the accuracy of the model.

Impact

Taking this approach enabled us to support our client meeting the court deadlines, in a manner that saved 16 weeks of review effort and cost.

Solution

We worked with clients and counterparties on the development of process mapping and technology solutions to streamline and standardise the process for aircraft deliveries. In combination with the streamlined process, our team now uses a combination of: document automation software; cloud based transaction management software; and bible production software.

Impact

Our solutions reduced the time take to produce first draft documents by over 50%, reduced email traffic by 70%, and improved the visibility on deal status for client and counterparty contract managers. Overall, this approach has enabled us to manage a larger volume of deals and has allowed our clients to free up internal resource for other projects.

Solution

We implement a structured approach to streamline processes and enhance client collaboration in these claims.

Key roles are defined to ensure efficient task allocation. An approvals tracker was developed to facilitate client instructions, requiring only majority approval. We utilise HighQ to create secure portals for sharing key data, with dedicated sub-sites for private client information. Steering committees are formed to oversee claims, with fortnightly meeting for updates and client engagement.

Billing and cost tracking are optimised with clear guidelines, automated tracking and monthly dashboards, ensuring transparency and alignment with client expectations.

Impact

The clients’ aims are achieved by providing key data access and decision-making involvement through the portals, approval tracker, and meetings. Cost dashboards and streamlined billing processes reduce email communication and allow clients to monitor costs efficiently

Solution

We created a bespoke portal which includes an interactive and automated database that allows us to facilitate and conduct the work much more efficiently and cost-effectively. The portal included automated workflows, dynamic visualisations allowing our client to track the progress of work in real-time and tailored alerts and notifications based upon specific actions.

Impact

The solution allowed us to significantly reduce email traffic, manage sensitive documentation securely, and speed up the processing time involved with each application. We reduced friction points and focused on optimising the experience for our client and their employees.