Law & Company, a legal artificial intelligence (AI) specialist, called for presidency support to guard the technological sovereignty of domestic legal tech firms competing with global legal platforms.
Kim Bon-hwan, CEO of Law & Company, attended the ‘AI Innovation Ecosystem Creation Corporate Meeting’ held by the Ministry of Science and ICT (Minister Jong-ho Lee) on the fifth and said, “Law & Company has also established a legal AI research center in-house since 2019 and has steadily worked on legal AI research and development. Nonetheless, as a result of various restrictions, the legal field has been particularly slow in incorporating technology,” he said, expressing his difficulties.
He continued, “Meanwhile, the domestic launch of the AI legal tech service by a worldwide dinosaur company has begun to count down,” adding, “The sense of crisis that domestic legal services can be monopolized by overseas platforms and future technological sovereignty within the legal field could also be shaken is heightened greater than ever.” represented the voice.
Particularly, he requested, “If the Ministry of Science and ICT takes the lead in representing the voice of technological innovation throughout your entire strategy of securing and utilizing public data within the legal field, akin to judgments, an AI innovation ecosystem could be organically created within the legal field as well.”
Kang Do-hyun, Second Vice Minister of Science and ICT, said, “As AI is introduced and spread across all industries, the AI ecosystem will cooperate organically with one another to create an environment during which large and small businesses can grow harmoniously, and Korea can be recognized on the world stage as a G3 within the AI field. “We are going to focus our policy capabilities on making it possible,” he said, adding, “We will even prepare an implementation plan to make AI routine in 2024 as soon as possible to support the expansion of our firms.”
He added, “We confirmed the competitiveness of our firms in each field, and gained confidence that if the private and non-private sectors work together, we are able to do it even within the fierce global competition.”
Attending the event on this present day were ▲ Law & Company Reel, ▲ Conan Technology ▲ Kakao ▲ LG AI Research Institute ▲ Rutton Technologies ▲ Masspresso, etc.
Meanwhile, Law & Company, which operates the legal comprehensive portal 'Rotalk' and the AI legal information search service 'Big Case', is planning to launch an AI legal assistant called 'Superroyer' in June 2024.
Particularly, Super Lawyer is a service that gives functions akin to ▲ legal research ▲ summary of legal documents ▲ legal document Q&A ▲ legal document drafting, etc. through chat. Last January, officials from the Ministry of Government Laws visited Law & Company and expressed interest in demonstrating the alpha version of Super Lawyer.
Reporter Park Soo-bin sbin08@aitimes.com