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Dye & Durham and Robin AI to reshape contract drafting and review

Market News, Technology
TSX:DND
05 December 2024 14:12 (EST)
AI contract drafting and review

(Source: Adobe Stock. Generated by AI)

Dye & Durham (TSX:DND), a global leader in legal practice management software, has announced a groundbreaking partnership with Robin AI, a pioneer in generative AI solutions for the legal industry. Together, the companies will launch Unity Contract Draft and Review, an AI-powered tool designed to streamline contract creation and analysis.

The new feature will be integrated into Dye & Durham’s Unity platform and made available to tens of thousands of legal professionals globally. The collaboration aims to enhance efficiency, enabling legal teams to focus on strategic tasks by automating time-intensive processes such as contract drafting and review.

“AI technology is designed to allow law to move at the speed of business,” Richard Robinson, Robin AI’s chief executive officer (CEO), said in a statement. “Our partnership with Dye & Durham, a global leader in legal technology, will transform how contracts are managed.”

Robin AI’s solution is powered by advanced generative AI trained specifically on legal documents, ensuring accuracy, security and compliance. The platform leverages partnerships with Anthropic and AWS to maintain the highest standards of data privacy, making it ideal for industries handling sensitive information.

Dye & Durham CEO Matthew Proud emphasized the transformative potential of this collaboration, adding that “Robin AI is a pioneer in the legal AI sector. This partnership represents a significant step forward for Dye & Durham as we continue to deliver cutting-edge solutions to our global customer base.”

The Unity Contract Draft and Review tool has been in development for several months and will be launched as part of Dye & Durham’s mission to help small law firms tackle complex legal challenges with purpose-built AI solutions.

With Robin AI’s technology reportedly reducing contract review time by up to 98 per cent, this partnership marks a significant innovation in legal technology, reinforcing Dye & Durham’s position as a leader in the field.

About Dye & Durham

Dye & Durham is a leading provider of cloud-based legal practice management solutions, serving law firms, financial institutions and government organizations globally. Operating in Canada, the United Kingdom, Ireland and Australia, the company supports approximately 60,000 customers worldwide, including 37,000 core customers.

The software stock (TSX:DND) is down by 0.58 per cent trading at C$20.54 per share as of 1:24 pm ET. The stock has added 52.15 per cent year-over-year.

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(Top image, generated by AI: Adobe Stock)


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