Loom aims to speed up the process of examining and researching case law much faster and smarter. Utilising legal analysis and machine learning, it can provide the hard numbers on case law, such as win/loss rates and judge ruling histories.
The process of sorting through case law is a tedious and repetitive one, that automation can significantly speed up and also remove the errors that can arise from tiredness of the human doing the work. We have seen AI startups see new opportunities, with Luminance making the process of due diligence much more efficient.
Loom has several clients in Canada already since launching last year, including a couple of major law firms. Datt says that she sees the country as a training ground, given that it provides access to open data of court judgments.
Back in New Delhi, Loom has seven lawyers on staff in its back office operations, showing this to be a global operation. The firm is also conducting “active research” into “machine-learning based analysis of legal decisions” at the University of Ontario Institute of Technology in Oshawa.
In the future, Datt plans to expand to other countries, such as the United States and India.
References: Hindustan Times
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