Silicon Valley's renowned entrepreneurs start venture companies trying to replace lawyers with robots



A well-known entrepreneur of Silicon Valley, who was co-founder and co-founder of Twitch who has sold the business one after another, has set up a startup aiming to replace lawyers with artificial intelligence. The wave of technological innovation in Silicon Valley seems to be flooded with law practice.

This Silicon Valley start-up wants to replace lawyers with robots - The Washington Post
https://www.washingtonpost.com/news/innovations/wp/2017/09/14/this-silicon-valley-startup-wants-to-replace-lawyers-with-robots/

In the Silicon Valley it is said that fields that are considered to intensify competition in the near future are legal practices. In short, we are going to replace legal practitioners such as lawyers with robots (artificial intelligence).

Silicon Valley's young entrepreneur Justin Kang, who has succeeded in solving a huge amount of money after establishing a startup, such as involved in the creation of Twitch, founded a startup "Atrium" that robots the lawyer's work, I am steadily preparing to begin.

Serial entrepreneurAs you can see in the following article you can see what kind of person Kan is famous as.

How has "Twitch" become a huge game live platform in a few years - GIGAZINE


My brother Dan Kang is also an entrepreneur of Bari Bali.

Succeeded to sell a company that a male who was dropped to 35 companies in hometown entrepreneurs to GM at over 100 billion yen - GIGAZINE


The aim of Atrium is to replace a lawyer from human with AI. By replacing the money-intensive lawyer with the cheap AI, by providing more accurate service than a human being, we are trying to realize efficient legal practice calling for a single and transparent remuneration to the client.

Mr. Kang felt that there was a demand to replace the lawyer with AI while dissuading dissatisfaction with the old custom of the legal circle as he worked with lawyers many times in the process of selling a company that had entrepreneurship and growth . Kang said, "I was a non-voluntary and unwilling user among all Silicon Valley legal practices, raising funds, merging, acquiring a company, you can be sued, which requires money every time I did not understand what I am paid for. "

Atrium, based in San Francisco, already has 34 employees, including paralegals as well as lawyers. Many employees are working in a rough style called jeans on T - shirts according to the style of Silicon Valley.

Kan is on the right side of the photo. Two of co-founder other than Kang are two lawyers. The left-most Ougi Rakau lawyer was a senior partner lawyer such as Orrick · Herrington · Sutcliffe who grew into a large company already in Silicon Valley. Mr. Rakau, who can also say that he has reached the highest position as a lawyer's career, "Everyone knows that Atrium's business is the future of the legal industry, I know that taxi drivers complaining about Uber "I do not want to spend the second half of my career in such a way," he talks about the reasons he joined Atrium as a challenge to lead his own future as a lawyer.


To date, in legal practice where legal knowledge and experience say things and entry barriers are extremely high, law firms have been operating low-tech operations to collect expenses against the time spent by lawyers. In other words, as a lawyer requesting compensation on a time basis, consideration gained by improving efficiency is reduced, so efficiency improvement was almost unattractive. Legal practice that does not advance efficiently is an area with business opportunities for Silicon Valley that promotes efficiency with technology, and moreover, legal services of a scale of 300 billion dollars (about 33 trillion yen) are attractive enough is.

There are already startups that tackle some legal tasks such as reviewing documents, creating parking tickets and acting as a substitute for small-lot litigation, but there are a few companies such as Atrium that will cut full-scale legal work involving lawyers Thing. However, JP Morgan will complete a contract check that attorneys and lenders spent 360,000 hours each year in just a few seconds "COIN"Techniques using machine learning, such as developing a program called" Knowledge workers' jobs are becoming obsolete. " Depending on the pace of the development of artificial intelligence technology, the future where legal work becomes the "grass-cutting ground" of Silicon Valley may come unexpectedly sooner.

in Note,   Software, Posted by darkhorse_log