London, United Kingdom--(Newsfile Corp. - August 3, 2022) - Livesilver, the independent Legal Tech consultancy company, has launched its new Robo Advisor function, which integrates automation as a means of making the process of gaining legal and financial advice more efficient. The firm emphasizes that this will be deployed through a combination of robots and digital chatbots.
This latest announcement forms a key part of Livesilver's ultimate aim of improving access to justice. Through this new automated service, the company plans to potentially help more people get the advice they need and accelerate the pace at which this can be attained. For instance, if a client needs guidance on a particular criminal case they are involved in, the AI service will be able to advise them regarding the preparation they need to do, the core rules and regulations they must follow, and what will be expected of them at the trial.
Similarly, in addition to legal advice, this newly announced Robo Advisor service is able to provide financial guidance on a variety of topics, such as investment management. Livesilver's utilization of innovative AI technology in this way will streamline the process for clients, as well as minimizing the need for human intervention and enabling employees to focus their attention on other, more productive pursuits.
This news follows the report that legal technology is having an increasingly stark impact on law firms and the legal industry as a whole. In a recent survey, 60% of in-house legal departments underlined that legal technology had enabled them to spend more time focusing on higher-level tasks. In addition to this, a third of law firms highlighted that they were able to save money due to the integration of this technology.
The CEO and Founder of Livesilver, Anthony Silver, concludes, "The mission for us is to boost people's access to justice, and we're strong believers in the ability of our new Robo Advisor service to help achieve this. Currently, we are combining cybersecurity, science, data analysis and computing in order to utilize automation as a means of providing Legal Tech solutions. As part of this, we are working to integrate Artificial Intelligence in order to significantly enhance the judicial process and experience for all involved. People can now gain access to justice through their mobile devices, streamlining the entire process."
Livesilver is an independent consultancy firm offering a variety of Legal Tech services, including eDiscovery, eDisclosure and GDPR automation. It oversees globally minded projects such as Blockchain Legal Tech Africa and I~Quantum JusticeSoft 1.0.
Media Contact:
Name: Anthony Silver
Email: info@livesilver.net
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/132722
