Loading...
Loading...
Browse all stories on DeepNewz
VisitScottish Startup Wordsmith Introduces AI Paralegals with VC Backing, TechCrunch Reports
Jun 20, 2024, 07:05 AM
Wordsmith, a Scottish legal tech startup, is pioneering the use of AI paralegals to assist employees. The 'lawyer-in-the-loop' model aims to streamline legal processes and make legal support more accessible. Wordsmith has garnered backing from two prominent venture capital firms, signaling strong investor confidence in their innovative approach. The use of AI in legal services raises questions about ethical considerations and job security for legal professionals. TechCrunch highlighted the potential of this future-focused innovation.
View original story
Markets
Yes • 50%
No • 50%
Official announcements from Wordsmith, TechCrunch
Yes • 50%
No • 50%
Court filings, news reports
No • 50%
Yes • 50%
TechCrunch, official press releases from Wordsmith or the venture capital firms
Under 50 • 25%
Over 200 • 25%
101-200 • 25%
50-100 • 25%
Official reports from Wordsmith, TechCrunch
51% or more • 25%
0-10% • 25%
11-25% • 25%
26-50% • 25%
Surveys or official statements from top law firms, TechCrunch
$101-200 million • 25%
Over $200 million • 25%
Under $50 million • 25%
$50-100 million • 25%
Official press releases from Wordsmith or the venture capital firms, TechCrunch