modCounsel, a Legal Team-as-a-Service provider for growth companies, and Clearlaw Inc., an innovative artificial intelligence company specializing in contracting intelligence, announced a partnership today. Through this partnership, modCounsel and Clearlaw intend to develop joint go-to-market strategies that combine Artificial Intelligence capabilities around contract data and insights empowered with innovative processes and deep expertise from seasoned legal professionals.
“The partnership between modCounsel and Clearlaw demonstrates our commitment to innovation in the marketplace,” says Ronak Ray, Co-Founder and Executive Managing Director. “In the future, data will become the foundation of legal work. Clearlaw’s platform is a natural fit to provide deep data and insights to empower our clients’ initiatives, particularly in contract reviews, document automation, and Contract Lifecycle Management.”
“At the moment, the legal services space is undergoing a significant transformation. With the plethora of new Legal Technology and AI tools, legal managed services are essential to helping clients weed through the marketing buzz to leverage the tools that fit their needs,” says Clearlaw CEO Jordan Ritenour. “modCounsel’s growing market position reflects the innovative processes and forward-thinking offerings that align strongly with the Clearlaw platform’s focus on robust, transparent, and comprehensive legal data.”
For more information, please contact modCounsel or Clearlaw directly.
About modCounsel- www.modCounsel.com
modCounsel provides a legal team-as-a-service to efficiently scale growth companies. Clients from start-up founders to public companies leverage modCounsel’s tech-enabled legal services for flexible and integrated expertise across any combination of its six practice areas. modCounsel is a minority and women-owned law practice founded by in-house legal executives with a global team now across three continents.
About Clearlaw – www.clearlaw.ai
Clearlaw is transforming the way businesses leverage contracts and contractual data with their clients and vendors. Through the deployment of Nature Language Processing and deep learning methods specifically designed for contract language, Clearlaw empowers legal teams to automate key contract data identification and extraction, whether for the review of a single contract or across a large contract repository.