INTELLLEX selected to join Thomson Reuters Labs Incubator Programme
Thomson Reuters, the answers company™, have announced that the winner of the 2018 challenge for a legal tech startup to join the Thomson Reuters Labs Incubator is INTELLLEX, a startup that provides artificial intelligence powered knowledge bank solutions for legal professionals.
INTELLLEX will join the Thomson Reuters Labs Incubator programme, launched in 2017, that gives startups the opportunity to enter into a minimum three-month partnership with access to the following:
- Exclusive mentoring from Thomson Reuters and the opportunity to network with industry, business and technology experts
- Specialist workshops to review, refine and test business ideas
- Brand exposure and the ability to leverage the global reach of Thomson Reuters through marketing spotlight opportunities and events
- Thomson Reuters legal databases and online business development tools
Thomson Reuters Labs is a global team of data scientists, research scientists and software engineers based in the UK, USA, Canada and Switzerland. The team works with customers, startups and world-class universities to develop innovative solutions to the challenges businesses face today.
The 2018 winner, Singapore-based INTELLLEX, provides a cloud-based knowledge library that enables legal professionals to access prior work product organized by legal concepts and document type.
INTELLLEX uses natural language processing and neural networks to develop artificial intelligence algorithms which can automatically categorize prior work product along legal dimensions such as legal issues, legal questions, or document type. This automatic categorization eliminates the time-consuming process that knowledge management professionals perform when categorizing prior work product manually.
INTELLLEX participates in the Barclays Bank’s LawTech Incubator (Eagle Labs) which operates in conjunction with the Law Society and 14 other partner law firms.