Source: Globe Newswire
Hebbia, an AI platform for knowledge work, announced that it received the honor of being named “LegalTech GenAI Solution of the Year.” The award was given as part of the 5th annual LegalTech Breakthrough Awards program conducted by LegalTech Breakthrough, a leading independent market intelligence organization that evaluates and recognizes standout legal technology companies, products and services around the globe.
Hebbia is a generative AI tool that top in-house teams and law firms like Fenwick, Fisher Phillips, Gunderson Dettmer and other AM Law 50 firms use to build M&A deal points libraries, compare nuanced covenants across a corpus of credit agreements, analyze claims across hundreds of patents, surface needle-in-the-haystack inconsistencies in a set of litigation depositions, and beyond. Hebbia empowers lawyers to build or leverage automated workflows that eliminate drudgery and facilitate higher-order, strategic counseling.
Hebbia’s Matrix is the first collaborative interface to AI, providing users with visibility into its analysis while enabling users to collaborate on workflows in real time. Matrix breaks down complex tasks and unstructured data into step-by-step actions carried out by AI agents. It then structures the data into an organized visual grid, letting users verify the information and further collaborate with AI. Matrix enables lawyers to drive end to end workflows, with outputs in the form of summarization, analysis, abstraction, comparison and/or synthesis.
“Law is an industry that’s ripe for AI disruption. We’re honored to be among the group recognized by LegalTech Breakthrough for our work with leading AM 200 law firms and in-house departments,” says George Sivulka, Founder and CEO of Hebbia.
“Legal teams can use Hebbia to synthesize information from unstructured sources of data and leverage the resulting structured data in familiar and novel ways. Though AI holds so much promise in its ability to truly streamline and transform the workflow of the legal industry, its impact has been less than promised. Most AI tools today are just glorified chatbots that only expedite search,” said Bryan Vaughn, Managing Director, LegalTech Breakthrough. “Hebbia is ushering in a world where AI agents are indispensable to top legal professionals, leading to more sophisticated, strategic work. Hebbia is deserving of the ‘LegalTech GenAI Solution of the Year’ award and we look forward to Hebbia continuing to push the limits of what’s possible in reasoning and human-computer interaction in the legal industry.”
Read the full article: https://www.globenewswire.com/news-release/2024/11/21/2985399/0/en/Hebbia-Awarded-LegalTech-GenAI-Solution-of-the-Year-In-2024-LegalTech-Breakthrough-Awards-Program.html
