Riverview Law acquires US tech business to advance use of AI in legal market
Riverview Law has acquired New Jersey-based knowledge automation business CliXLEX in what is described as a “multi-million £pound deal” as its plans to develop the use of Artificial Intelligence (AI) in the legal market gather pace. The deal is a major step towards the creation of ‘virtual assistants’ that will improve the quality and speed of lawyers’ and paralegal work while freeing them to focus on key tactical and strategic matters. It follows the partnership Riverview Law entered into earlier this year with the University of Liverpool to leverage the university’s Artificial Intelligence expertise.
CliXLEX owns and licenses a Knowledge Automation Platform that enables knowledge workers, such as lawyers, with basic Microsoft Office skills to create, automate, maintain and evolve complex end-to-end workflows and processes for all areas of legal, compliance, risk and related activity.
The platform manages all activity from instruction, triage, case management, document creation and storage to alert triggers, workflow creation and forensic audit. The CliXLEX technology combines advanced data collection and management, configuration and machine-to-machine learning techniques with a growing level of Artificial Intelligence. The technology integrates seamlessly with third party solutions and is cloud-based although it can also be deployed on premise if required. Critically it has a powerful legacy integration layer toolkit.
Riverview Law has worked with CliXLEX for over a year to test the relevance of the platform to the legal market via its managed service and licensed technology offerings to global customers. These tests have proved highly successful showing great potential to deliver significant operational, quality and cost benefits for customers. Combined with Riverview Law’s visualisation and analytics capabilities CliXLEX enhances the existing services Riverview Law provides to customers and accelerates its move into the use of expert systems and Artificial Intelligence.
CLiXLEX becomes part of Riverview Law’s group structure and will be based out of the Riverview Law Technology R&D and Client Management Centre in Bridgewater, New Jersey. Richard Yawn, the founder and principal shareholder of CliXLEX becomes a director and Chief Technology Officer of this Riverview Law technology subsidiary He assumes responsibility for spearheading the further development of the Knowledge Automation Platform and Riverview Law’s investments in Artificial Intelligence, automation and expert systems.
Richard has a long track-record in the IT industry, having previously worked with IBM’s Microsoft Practice and as an Enterprise Architect at Aflac. Richard spent the first 13 years of his career developing manufacturing systems using Neural Net and Expert System technologies. Andy Daws, VP North America at Riverview Law, joins this new technology subsidiary as a director and its Chief Customer Officer.
Karl Chapman, Chief Executive of Riverview Law, says: “The race is on to provide virtual assistants to knowledge workers, powerful tools that help people and organisations make quicker and better decisions and allow knowledge workers to focus on the key tactical and strategic matters. The legal market is not immune from this trend which will impact all sectors of the economy. We intend to lead the legal market in providing tools that enable legal and related work to be completed quicker, better and more cost-effectively, whether conducted by lawyers, paralegals, contract managers, risk and compliance officers, or business people. A key part of our overall strategy is to drive this ‘virtual assistant’ area both organically and by further deals. We spent just over a year working with CliXLEX to prove it internally and with customers, having scouted it out through our VP in the US.”
In the UK Riverview Law was advised by the Birmingham office of Gateley plc, and in the US it was advised by the New York office of Gibbons