About Linklaters

Linklaters is one of the world’s leading law firms. We are a high-performing, diverse team of exceptional, talented and highly motivated individuals who handle the biggest and most transformational mandates for the world’s leading corporates, banks and financial sponsors. We are bold and ambitious. Our goal is always to deliver the best results for our clients and each other. We focus relentlessly on innovation, efficiency and agility to meet our clients’ commercial needs and deliver beyond their expectations. If you are a major corporate or financial services company undertaking complex deals globally, Linklaters is the firm for you.

Our people are creative, commercial and committed, working with you to crystallise your organisation’s opportunities and manage your risks. Their expertise and our reach, through 30 offices in 20 countries, will enable you to achieve your corporate goals. Your success is key to us. With almost 200 years of guiding business through historical, economic and commercial changes, we have a heritage of long-lasting relationships and groundbreaking work.

Find us at the Hackathon

Linklaters will be at Hack the Law. Come and talk to us about what we do and how we use technology.

Tanya Sadoughi, AI + Innovation Lead (Managing Associate) #judge #firstround

Yoann Lewkowitz, AI + Innovation Lead (Managing Associate)

Laura Hodgson, GenAI Lead LIGHTNING TALK: ‣

Conor Manders, AI Analyst

Challenge

Background

One of the biggest challenges lawyers face is summarising how legal developments impact them and their clients. These developments could be regulations, new legislation or court judgments. Often the information is contained in long documents of multiple pages which require the reader to skim search for the relevant information such as dates when something comes into force, impact on different stakeholders and key points of interest.

At present, law firms scan for this information either by searching websites or by receiving alerts before reading the whole update and writing summaries before sharing with colleagues or clients.

Challenge

We would like teams to design a solution using AI that scans the following websites for new updates: FCA Publications, Bank of England Publications, Supreme Court Cases, and then creates efficient summaries of those updates.

You need to create a template for all updates so that they have the following information:

1. A title
2. A summary statement in no more than two sentences
3. A full summary explaining the key points of the new development (could include bullets and should be no more than 200 words)
4. A section with key dates (such as the end of a consultation period, date of judgment or deadline)
5. A section with expected impact (which could be a red, amber or green flag).

Example Solutions

There are some solutions available in the market that provide summaries of regulatory changes – some are provided by law firms; others are focused on providing summaries for regulatory compliance. All these tools have found ways to scrape information from websites and then capture key points needed for a summary.