As artificial intelligence and machine learning takes hold across industries, one Toronto-based company is hoping to use it to make the work of lawyers and tax professionals more efficient.
Blue J Legal, the latest pitch on The Disruptors, uses AI and machine learning to analyze data for lawyers, accountants, and other tax professionals. The company, which was among the Canadian Innovation Exchange’s list of top up-and-coming Canadian companies in October 2016, offers a service called Tax Foresight, which uses machine learning to collect and analyze facts from previous cases to predict what decisions a judge would hold in new circumstances.
In August 2016, Blue J Legal, which is based in the Creative Destruction Lab at the Univerity of Toronto, was also honoured as an Outstanding Venture at NEXT Canada’s Venture Day.
“We don’t think of ourselves so much as disruptors as providing a tool that improves the ability of lawyers, accountants, and other professionals to predict how judges will make future decisions,” said Ben Alarie, CEO of Blue J Legal. “We’re providing a new kind of tool to allow professionals to get better advice to their clients.”
Co-host Bruce Croxon says Blue J Legal’s service is necessary as machines become capable of providing these types of time-saving services. “I’m paying for real value, not a clerk to go through stuff that a machine can do,” said Croxon.
Watch the full pitch below:
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