Freshfields announces global collaboration with Neota

Magic Circle giant Freshfields Bruckhaus Deringer has announced a global collaboration with Neota Logic, provider of sophisticated decision tree software that helps clients address legal and regulatory compliance challenges.
Over the past year, Neota has been working closely with Freshfields’ Manchester-based Legal Services Innovation team to trial applications that will benefit lawyers and clients and this agreement is said to mark the start of going live with these applications and the co-development of new opportunities.
The collaboration follows a similar announcement by Magic Circle rival Clifford Chance in November 2016. Clifford Chance is working with Neota on a regulatory rule change app, with that work expected to extend further.  
Isabel Parker, Freshfields director of Legal Services Innovation said: “We are constantly exploring ways in which we can introduce new technologies for the benefit of our lawyers and clients. Neota Logic is an example of how combining our unique processes, documents and expertise with Artificial Intelligence software to simplify and streamline complex legal topics, we can add significant value to our clients.
Richard Seabrook, European Managing Director, Neota Logic, added: “We are hugely excited to be working with such a prestigious firm as Freshfields on their digital journey. Our unique technology is ideal for automating complex, legal and compliance matters and this announcement marks an important milestone in that journey for the ultimate benefit of their lawyers and clients.”