RAVN Systems, experts in Enterprise Search, Unstructured Big Data analytics, Cognitive Computing and Knowledge Management solutions, announced today they will be hosting a free webinar titled "What is Artificial Intelligence and how can it benefit Law Firms?" on the 9th September, 16.00-16.45 GMT.
Presenter, David Fisk, Director, Sales and Marketing at RAVN Systems, will discuss the fact that as the amount of data held in the enterprise is growing exponentially, the challenge of finding relevant information is growing proportionally. Furthermore, it is one thing to have difficulty tracking down valuable and hard-won experience and credentials, but when obliged to locate information for compliance or to support due diligence activities, the problem is amplified.
The webinar will discuss whether the era of simply finding the right document set has been surpassed by the need to extract and distil the relevant information held within those documents.
RAVN's Cognitive Computing technology, RAVN Applied Cognitive Engine (ACE), provides the next leap in information search and retrieval. It mirrors human expertise by understanding corporate unstructured data, such as documents, emails, social media, etc. and uses natural language processing and other semantic tools to automate the process of extracting and distilling key information from within the objects. Interpreting information, as a human would do, is the first step on the Artificial Intelligence ladder.
How can this Artificial Intelligence technology benefit the Law firm?
Whilst Artificial Intelligence technology can be focused inwardly at law firms, RAVN explore examples of directing it externally to assist in the handling of client matters or in opening up new business services.
Increase efficiency and competitive advantage - Much of the effort in a given client matter can be down to the manual task of reviewing large sets of documents or contracts and extracting the key information. It is only then that the salient points can be interpreted to provide the requested advice for the client. In RAVN's webinar they will demonstrate ways to fast-track the review process by automating the information extraction, to deliver a faster matter turn-around, release of fee-earner capacity and critically, drive improvements to margin.
Mitigate risk - Finally, RAVN will examine how RAVN ACE technology can be applied to governance applications, automating, for example, the process of policing contractual terms and conditions in line with acceptable business or risk criteria.
The use cases for RAVN ACE are virtually unlimited and not just limited to the Legal market.
To register for the free webinar please visit: http://www.ravn.co.uk/webinar-artificial-intelligence-can-benefit-law-firms/
About RAVN Systems
RAVN Systems has a combined experience of 75+ years in Unstructured Data processing and offers revolutionary, search-based and cognitive computing solutions for any information intensive vertical. RAVN expertise and solutions deliver long-term value, competitive advantages and help manage and mitigate risk through surfacing and harnessing the information contained within unstructured data.
For more information please visit http://www.ravn.co.uk
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