- Robin AI and Dye & Durham to launch AI powered Unity Contract
Draft and Review, and roll it out to Dye & Durham's extensive
customer-base in early 2025
- Through internal built solutions or partnerships, Dye &
Durham will help small law firms around the world solve the most
complex and challenging legal problems with purpose-built
generative AI
TORONTO, Dec. 5, 2024
/CNW/ - Dye & Durham Limited ("Dye & Durham" or
the "Company") (TSX: DND), one of the world's largest
providers of cloud-based legal practice management software, today
announced it has entered into a partnership with Robin AI, a
provider of advanced legal AI solutions for business.
Through this partnership, Dye & Durham customers will have
access to Unity Contract Draft and Review as part of their daily
workflow. Dye & Durham and Robin AI technology will empower
customers with efficient, secure AI-assisted contract review and
drafting, accelerating the contract process and enabling legal
teams to focus their time more strategically.
"AI technology is designed to allow law to move at the speed of
business," said Richard Robinson,
CEO of Robin AI. "We are excited to partner with Dye & Durham,
one of the largest and most respected, forward thinking, legal
technology companies in the world, as together we look to transform
legal tech. It has been a pleasure to work with Matt, who is one of
the innovators in the legal technology industry, to develop this
partnership and bring it to life."
"Robin AI is a pioneer in the legal AI sector, and we are
thrilled to partner with them to take their cutting-edge technology
to market for Dye & Durham customers," said Matthew Proud, Dye & Durham's CEO. "Richard
is a visionary who has built an extraordinary company and offering
that will disrupt and change the legal market."
In partnership with Anthropic and AWS, Robin AI uses generative
AI trained on legal documents to support legal professionals with
drafting, analyzing and reviewing contracts. With best-in-class
security, Robin AI software is built for businesses that handle
sensitive data, and it has a team of in-house AI and legal experts
who ensure the highest levels of quality and accuracy in the
model.
Dye & Durham and its Unity® global platform
empower tens of thousands of law firms around the world to
seamlessly run their practices, focus on their clients and grow
their business, while automating or streamlining time-intensive
aspects of daily law firm management. Dye & Durham's
global user base includes approximately 60,000 product customers,
and 37,000 core customers.
The partnership with Robin AI has been in development over the
last several months and both companies are excited to bring the
Unity Contract Draft and Review to the market in the near term.
ABOUT DYE & DURHAM
Dye & Durham Limited provides premier practice management
solutions empowering legal professionals every day, delivers vital
data insights to support critical corporate transactions and
enables the essential payments infrastructure trusted by government
and financial institutions. The company has operations
in Canada, the United Kingdom, Ireland, South Africa, and Australia.
Additional information can be found
at www.dyedurham.com.
ABOUT ROBIN AI
Founded in 2019, and partnering with Anthropic and AWS to give
companies a competitive edge and to grow faster. Robin solves real
customer legal problems in regulated industries — including cutting
the time needed to review contracts and other legal documents by up
to 98%. GE, Pfizer, KPMG, PwC, Yum Foods, Blue Origin and
University of Cambridge are among
Robin's more than 100 major corporate customers.
FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking information
within the meaning of applicable securities laws, which reflects
Dye & Durham's current expectations regarding future events. In
some cases, but not necessarily in all cases, forward-looking
statements can be identified by the use of forward looking
terminology such as "plans", "targets", "expects" or "does not
expect", "is expected", "an opportunity exists", "is positioned",
"estimates", "intends", "assumes", "anticipates" or "does not
anticipate" or "believes", or variations of such words and phrases
or state that certain actions, events or results "may", "could",
"would", "might", "will" or "will be taken", "occur" or "be
achieved". In addition, any statements that refer to expectations,
projections or other characterizations of future events or
circumstances contain forward-looking statements.
Forward-looking statements are not historical facts, nor
guarantees or assurances of future performance but instead
represent management's current beliefs, expectations, estimates and
projections regarding future events and operating performance.
Forward-looking information is based on a number of assumptions and
is subject to a number of risks and uncertainties, many of which
are beyond Dye & Durham's control, which could cause actual
results and events to differ materially from those that are
disclosed in or implied by such forward-looking information. Such
risks and uncertainties include, but are not limited to, the
factors discussed under "Risk Factors" in Dye & Durham's most
recent annual information form. Dye & Durham does not undertake
any obligation to update such forward-looking information, whether
as a result of new information, future events or otherwise, except
as expressly required by applicable law.
SOURCE Dye & Durham Limited
