Emerging Technologies Alert
Babst Calland announces the deployment of artificial intelligence to the due diligence and contract review process for capturing and managing critical business information in high-volume corporate and commercial transactions.
Babst Calland is among early law firm adopters to initiate and implement artificial intelligence, machine learning, and predictive analytics to legal contract review and document management, enhancing efficiency, intelligence and quality while reducing costs for clients.
With the addition of artificial intelligence software, Babst Calland can now deploy highly-trained machine learning algorithms in its due diligence process resulting in faster, more intelligent contract or document review for clients. The Firm can now rapidly review and execute business contracts quickly and accurately whether the client has 100 or 100,000 documents for review.
Providing measurable value requires experience. Babst Calland and our affiliate, Solvaire, have been performing complex due diligence, discovery, and document management projects for clients for more than 20 years. During the past year, together with Solvaire, the firm evaluated numerous options, applications before adopting new artificial intelligence software and designing its proprietary platform with the capacity for handling huge volumes of contracts and documents on an expedited basis.
Now leveraging AI technology, coupled with our proven proprietary process, we implement projects more accurately and efficiently than ever before. in fact, we cut manual document review time in half offering clients faster risk assessments and more confident decision-making.
Clients are demanding more efficiency and enhancements in the due diligence process for complex deals and transactions, requiring more insight from attorneys, as well as more innovative resources to stay one step ahead in a time-sensitive, highly competitive marketplace. Our state-of-the-art approach, along with our systematic process that applies artificial intelligence technology, provides clients with the latest, flexible solution customized to meet their specific business needs.
About Babst Calland
Babst Calland was founded in 1986 and has represented environmental, energy and corporate clients since its inception. The Firm has grown to more than 150 attorneys who concentrate on the current and emerging needs of clients. This team of attorneys has focused practices in emerging technologies, corporate and commercial, energy and natural resources, environmental, construction, employment and labor, public sector, litigation, transportation safety, and real estate law. Babst Calland has been ranked in the 2019 U.S. News – Best Lawyers® “Best Law Firms” list nationally in seven practice areas and regionally in 29 practice areas.
Headquartered in Pittsburgh, Babst Calland also has offices in State College, Pa., Charleston, W.Va., Washington, D.C., Houston, Texas., Canton, Ohio, Sewell, N.J. Babst Calland’s attorneys have been acknowledged by various organizations, including: U.S. News & World Report’s Best Law Firms, Best Lawyers in America, Pennsylvania Super Lawyers, and Chambers USA’s America’s Leading Lawyers for Business. For more information, including attorney profiles, visit babstcalland.com.
About Solvaire
Solvaire, an affiliate of Babst Calland, was founded in Pittsburgh in 1999. Solvaire provides access to the people, process and technology to quickly unlock volumes of critical business information for clients involved in transactions, litigation and myriad needs of document and contract management. Solvaire focuses on delivering legal project implementation and hosting, along with legal-based, database-driven technology solutions which enable the delivery of complex projects on time and within budget. For more information, visit solvaire.com.