Law & Company (CEO Bon-Hwan Kim) , a comprehensive legal tech company, announced on the 8th that it has joined the SK Telecom-led artificial intelligence (AI) alliance, ‘K-AI Alliance,’ as a new member company.
The K-AI Alliance is a private-sector-led consultative body launched in February of last year with the goal of strengthening the competitiveness of the domestic AI industry and promoting its global expansion. To date, 37 startups have participated, and major AI companies participating in the government-led "Independent AI Foundation Model" project are also included as members.
Law & Company is the first legal tech company to join this alliance, leveraging its specialized AI technology capabilities in the legal field. The company officially launched the alliance's activities on the 5th by attending the "K-AI Alliance Global Meetup" event held in Tokyo, Japan. The event was designed to build a network for participating companies to enter the Japanese market.
Since establishing its Legal AI Research Institute in 2019, Law & Company has been continuously developing its technology. Launching "Big Case," an integrated legal information service, in 2022 and "Super Lawyer," a generative AI-based legal service, in 2023, Law & Company has pioneered AI in the domestic legal tech sector. Within a year of its launch, Super Lawyer had over 15,000 registered users, approximately half of the total number of practicing lawyers in Korea.
Technological achievements are also attracting attention. In May of this year, Law & Company achieved a correct answer rate in the top 5% of successful applicants for the 14th Republic of Korea Bar Examination multiple-choice questions using Super Lawyer. This marks the first time a non-English AI service has achieved top scores across all bar exam sections in a native language. Furthermore, as part of the government-led "Independent AI Foundation Model" project, Law & Company is participating in the Upstage Consortium and is one of five selected teams.
Through its participation in this alliance, Law & Company plans to strengthen its collaboration with the domestic AI ecosystem and actively expand its legal AI technology into overseas markets. The company is actively participating in AI-related industry policy discussions, including participation in the Korea Startup Forum's "AI Think Tank" and meetings with the Ministry of Government Legislation.
SK Telecom Global A&I Center Director Jeong Hee-young said, “The legal field is one of the areas with great potential for AI application,” and added, “Through collaboration with Law & Company, we will increase synergy between industries and strengthen K-AI’s competitiveness in the global market.”
Kim Bon-hwan, CEO of Law & Company, said, “It is very meaningful to have the opportunity to collaborate with leading domestic and international AI companies through the K-AI Alliance,” and added, “We will actively contribute to the innovation and ecosystem expansion of the legal tech industry.”
- See more related articles
You must be logged in to post a comment.