Source: The Business Desk
Manchester-based litigation finance firm, Nera Capital, is investing around £2m into AI technology as the company looks to continue its growth.
Nera, which has offices in Dublin, Manchester and a newly established presence in The Netherlands, plans to significantly enhance its process optimisation and strengthen data analytics.
The investment is expected to significantly benefit the various law firms across Europe, UK and the US that are currently partnered with the company as it seeks to expedite the legal process and ultimately create greater access to justice.
Director, Aisling Byrne, said: “Our investment in AI shows our commitment towards efficiency and innovation. We believe this increase in investment will enhance our entire operations, revolutionising further the way we approach various aspects of our business. By leveraging advanced AI technologies, we aim to further streamline processes, boost efficiency, and drive innovation across the board.”
Since the company’s inception in 2011, Nera Capital has grown to become a major global player in the world of litigation finance.
The company is a specialised funding provider catering to law firms by extending support across diverse claim portfolios such as financial mis-selling, data breach, Cartel damages, personal injury and Antitrust.
Read full article: https://www.thebusinessdesk.com/northwest/news/2130377-legal-finance-firm-invests-2m-in-ai-tech-to-significantly-enhance-services
