Created by Co-Founders Arun Shanmuganathan, Sean West and Steve Heitkamp, legal technology company Hence.ai was recently announced winner of Zurich’s Global Innovation Championship Award for creating an automatic lawyer assignment solution for Zurich claims that require legal assistance.  With a team based in both UK and Rwanda, Hence.ai is on a mission to transform the way businesses engage with their legal teams by harnessing the power of data and AI to make General Counsels and in-house legal teams more efficient, collaborative and smarter in their decision-making processes.  To learn more about Hence.ai and their award-winning solution, head to https://hence.ai/

Vaulted Ventures has deployed a cryptographic cloud-based infrastructure supporting common law legal rights management. The new Vaulted Objects data type enables digital possession of a file (by encrypting it and binding the encrypted content to the user's digital identity) and therefore legal ownership of it via a common law "chose in possession." In combination with the digital deeds framework (for remote execution of legal instruments) and the integrated multi-currency payments rail, Vaulted Objects form the basis of an array of new business models, delivering data privacy, enforceable legal ownership and provenanced duty of care to the modern internet. https://vaulted.ventures

Australian Law Firm, Gilbert + Tobin, are offering staff a share of a cash incentive of $20k as an ‘AI Bounty’ for ‘meritorious ideas’ that could lead to AI implementations into their firm.  COO of G+T, Sam Nickless, told the Australian Financial Review that the ‘AI Bounty’ was created to incentivise staff to approach AI as ‘fun and rewarding’.  Mr Nickless highlighted products such as Harvey and CoCounsel and the way Open AI could be used to optimise the data contained in these documents with the use of prompt engineering.  Read more here - https://www.afr.com/companies/professional-services/gilbert-tobin-offers-staff-20-000-ai-bounty-20230411-p5czlw