Ontra is the global leader in AI legal tech for private markets. Powered by industry-leading AI, data from 1M+ contracts, and a global network of legal professionals, Ontra's private markets technology platform streamlines and optimizes critical legal and compliance workflows across the full fund lifecycle. Ontra’s purpose-built solutions automate contracts, streamline obligation management, digitize entity management, and surface insights.
SpeedLegal is an AI contract negotiator that helps startups save $1k/contract ~$140k+/year when reviewing contracts using AI. Business people using SpeedLegal easily spot contract risks, negotiate better terms, save 75% of their time & boost deal closures 3X.
Definely is a leading provider of LegalTech solutions for drafting, reviewing, and understanding legal documents.
Luminance is the pioneer in Legal-Grade™ AI, wherever computer meets contract. Using a Mixture of Experts approach - known as the “Panel of Judges” - Luminance brings specialist AI to every touchpoint a business has with its contracts, from generation to negotiation and post-execution analysis. Developed by AI experts from the University of Cambridge, Luminance's technology is trusted by 700+ customers in 70+ countries, from AMD and the LG Group to Hitachi, BBC Studios and Staples.
Spellbook is an AI-powered contract drafting and review tool designed for legal professionals. Integrated directly into Microsoft Word, it leverages advanced language models, such as OpenAI's GPT-4, to assist lawyers in drafting, reviewing, and managing contracts more efficiently. Key features include generating new clauses based on context, detecting aggressive terms, and suggesting missing clauses to enhance contract quality.
Built on App Orchid's state of the art AI platform, ContractAI is an AI-powered SaaS-based Advanced CLM solution that automates and streamlines the analysis, creation and negotiation of contracts. ContractAI utilizes AI to automatically ingest and analyze historical contracts to author templates based on terms that were proven win-win. ContractAI eliminates the painful redlining process by giving suppliers vetted clause options.
Cardozo Law Review's empirical research demonstrates how AI hiring algorithms trained on predominantly male datasets systematically replicate gender bias, as seen in Amazon's algorithm that downgraded women candidates. The analysis reveals fundamental measurement challenges in employment AI unlike medical AI, where researchers cannot easily determine if rejected female candidates would outperform hired males. This academic study exposes the technical limitations of bias auditing in hiring contexts and calls for structural reforms to prevent AI from codifying historical workplace discrimination.
Comprehensive analysis of 13 global AI laws reveals unprecedented regulatory activity with U.S. states introducing 400+ AI bills in 2024, six times more than 2023, while the EU AI Act creates binding requirements for high-risk hiring systems. The research highlights critical compliance challenges as NYC's bias audit requirements, Colorado's impact assessments, and India's anti-discrimination mandates create a complex patchwork of overlapping obligations. HR professionals must navigate ADA accommodations, Title VII compliance, and emerging state-specific AI regulations while ensuring algorithmic fairness across diverse jurisdictions.
Oxford Journal's research reveals how AI developers have become increasingly secretive about training datasets as copyright litigation intensifies, prompting global calls for mandatory transparency requirements. The analysis examines the EU AI Act's groundbreaking training data disclosure mandates and G7 principles requiring transparency to protect intellectual property rights. This scholarly assessment demonstrates how transparency obligations could enable rightsholder enforcement while balancing innovation needs, offering a potential regulatory solution to the copyright-AI training data conflict.
Civil rights firm's analysis exposes how AI bias in hiring systematically discriminates against marginalized groups, with nearly 80% of employers now using AI recruitment tools despite documented gender and racial discrimination like Amazon's scrapped recruiting engine. The EEOC's new initiative to combat algorithmic discrimination reflects mounting legal challenges as biased datasets perpetuate workplace inequality across healthcare, employment, and lending. This practitioner perspective emphasizes the urgent need for human oversight and ethical AI frameworks to prevent civil rights violations in an increasingly automated hiring landscape.
USC's legal analysis explores landmark AI copyright litigation including Authors Guild v. OpenAI and NYT v. Microsoft, where publishers claim AI training violates copyright through unauthorized use of millions of articles. The piece contrasts China's progressive stance recognizing AI-generated content copyright with the U.S.'s unresolved fair use debates, highlighting how courts must balance AI innovation against creator rights. As proposed federal legislation like the Generative AI Copyright Disclosure Act advances, this analysis illuminates the critical legal battles shaping AI's future in creative industries.
The EU AI Act becomes enforceable law spanning 180 recitals and 113 articles, imposing maximum penalties of €35 million or 7% of worldwide annual turnover for non-compliance. The regulation's phased implementation begins with prohibited AI practices in February 2025, followed by transparency requirements for general-purpose AI models and full enforcement by August 2026. This comprehensive framework establishes the legal foundation for AI governance across all 27 EU member states, creating immediate compliance obligations for any organization deploying AI systems that impact EU markets.