Wolters Kluwer integrates GenAI into its legal research products; Transforms how legal professionals assess and interpret court rulings
December 07 2023 - 9:03AM
Wolters Kluwer integrates GenAI into its legal research products;
Transforms how legal professionals assess and interpret court
rulings
PRESS RELEASE
Wolters Kluwer integrates GenAI into its
legal research products; Transforms how legal professionals assess
and interpret court rulings
Legal & Regulatory division continues to
redefine the landscape for legal professionals
Alphen aan
den Rijn – December 7, 2023 – Wolters Kluwer Legal &
Regulatory (LR) today announced an innovative feature for legal
professionals: Generative Pre-training Transformer (GPT)-generated
summaries of court rulings. GPT summarization harnesses generative
AI (GenAI) to simplify legal research, eliminating the need to read
through multiple court cases, saving valuable time. This innovation
in beta will initially serve legal professionals using the Wolters
Kluwer Online research platform in Germany before being rolled out
to other products.
Martin
O’Malley, CEO of Wolters Kluwer LR, said: “We recognize
our customers’ need for efficiency and accuracy in legal research.
With the integration of GPT-generated summaries into our legal
research products, we’re transforming the way in which legal
professionals assess and interpret case law. This innovative
feature is a testament to our commitment to empowering our
customers with our deep domain knowledge, the highest editorial
quality and the latest in GenAI technology, ensuring they remain at
the forefront of the legal field.”
Wolters Kluwer’s
GPT summarization feature significantly reduces the time spent on
legal research by:
- Providing more
than tens of thousands of GPT-generated summaries for quick
understanding of court decisions.
- Enabling easy
categorization of relevance with comprehensive summaries that
encompass the facts and history of the case.
- Reducing the
volume of documents requiring in-depth review through efficient
content assessment.
Redefining
the legal landscape
Wolters Kluwer LR
is redefining the landscape for legal professionals by harnessing
artificial intelligence into its software and expert solutions,
including natural language processing and GenAI. This aligns with
the increasing need for legal tech and AI-powered solutions by
legal professionals, a trend highlighted in Wolters Kluwer's
recently published Future Ready Lawyer 2023 report, which found 73%
of lawyers expect to integrate GenAI into their legal work
Wolters Kluwer LR
tools and expert solutions such as Legal Assist, LegalBillAnalyzer
and Legisway are powered by AI to enhance legal research workflow,
invoice management, and streamline contract lifecycle processes.
The solutions help ensure that Wolters Kluwer LR customers are
fully prepared to transform their practice, save time, and achieve
superior outcomes.
Commitment
to data protection and AI principles
Utilizing only
internal data from Wolters Kluwer, the GPT algorithm operates
without the need for external data, ensuring high standards of data
integrity and security. This commitment reaffirms Wolters Kluwer's
dedication to upholding stringent data protection protocols and AI
principles for its customers.
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About
Wolters Kluwer
Wolters Kluwer
(EURONEXT: WKL) is a global leader in information, software, and
services for professionals in healthcare, tax and accounting,
financial and corporate compliance, legal and regulatory, and
corporate performance and ESG. We help our customers make critical
decisions every day by providing expert solutions that combine deep
domain knowledge with specialized technology and services.
Wolters Kluwer
reported 2022 annual revenues of €5.5 billion. The group serves
customers in over 180 countries, maintains operations in over 40
countries, and employs approximately 20,900 people worldwide. The
company is headquartered in Alphen aan den Rijn, the
Netherlands.
For more
information, visit www.wolterskluwer.com, follow us on
LinkedIn, Facebook, and YouTube.
Media
Contact
Paul Lyon
Senior Director,
External Communications
Global Branding,
Communications & Digital Marketing
Wolters Kluwer
Mobile: +44 7765
391 824 Paul.Lyon@wolterskluwer.com
Frank Ready
Senior Specialist,
External Communications
Legal &
Regulatory
Wolters Kluwer
Office: +1
717-205-3647
Email:
Frank.Ready@wolterskluwer.com
- 2023.12.07 Wolters Kluwer integrates GenAI into its legal
research products
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