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PwC in Alliance with ContractPodAI to Launch Legal GenAI Platform Leah for Contracts

March 23, 2024
in Legal Tech
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PwC, a worldwide community {of professional} companies corporations with over 4,000 attorneys globally, introduced that it has entered into an alliance with ContractPod Applied sciences Ltd (“ContractPodAi”), a number one and progressive supplier of authorized AI know-how, to launch a brand new consulting service powered by ContractPodAi’s Leah. 

This alliance will see PwC’s Authorized Enterprise Options leveraging Leah to broaden their supply and implementation capability, positioning PwC on the forefront of authorized GenAI. The Leah platform makes use of Generative AI, pure language processing, machine studying and knowledge analytics to automate and improve varied elements of contract associated work, akin to together with redline, knowledge extraction, and discovery instruments to handle daily tasks and transactions managed by procurement and authorized departments. Leah generates insights and suggestions primarily based on massive volumes of knowledge, delivering richer info that may allow the corporations to establish options sooner. 

Sarvarth Misra, ContractPodAi’s co-founder and CEO, mentioned: “By combining Leah’s cutting-edge authorized area GenAI energy with PwC’s deep authorized experience and commanding management place we are going to ship a market main providing for authorized departments, permitting them to chop via the noise and shortly obtain huge productiveness good points and sustainable, tangible outcomes.”

Frederic Mirza Khanian, World Authorized Enterprise Options Chief, PwC Germany, mentioned: “We’ve been working with ContractPodAi for a while now and I’m assured that our alliance with Leah will considerably enhance what we will supply to our purchasers with business main multi-model GenAI know-how. This partnership aligns with our world technique: a human-led and tech-powered strategy with a purpose to serve our purchasers sooner, higher and extra precisely. Our current Annual World CEO Survey confirmed that just about three-quarters (70%) of CEOs imagine generative AI will considerably change the way in which their firm creates, delivers, and captures worth within the subsequent three years. With this partnership, we are going to mix the ability of know-how and knowledge with understanding, context and expertise to make sure we reply real wants and clear up real issues.”

Klaus Schmidt, World Tax & Authorized Providers Alliances Chief, PwC Germany, added: “Wanting on the capabilities which Leah has, we will simply see its advantages for each our purchasers and our personal inner attorneys and apply employees. I’m personally excited to see this within the fingers of our individuals and what change this can convey for us as a agency.”

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Tags: allianceContractPodAIContractsGenAIlaunchLeahLegalPlatformPwC
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