Technology

LawToolBox AI in Microsoft 365 Keeps Attorney Client Data Safe

Published

12 months ago

December 11, 2023

LawToolBox unveils AI for legal professionals that extracts deadlines and events from hand-written orders and adds to matter calendars in Microsoft 365.

DENVER, Dec. 11, 2023 /PRNewswire-PRWeb/ — LawToolBox, a world leading provider of legal solutions today unveiled a suite of AI-powered features that transforms its award-winning experience for legal professionals with groundbreaking advancements in deadline extraction and rules-based calendaring in Microsoft Teams and Outlook. LawToolBox AI amplifies core deadline management functions, safely and responsibly by processing AI behind Microsoft’s enterprise-grade security.

“The novel use of AI by LawToolBox to manage matters signals a new era of legal technology.” says Uriel Rootshtain, Sr. Director, Modern Work field and partner, Microsoft.

The introduction of LawToolBox AI facilitates the conversion of handwritten court orders into actionable deadlines, clause extraction from real estate contracts, automatic deadline tracking in commercial agreements, and more. Highlights of LawToolBox AI include:

Extracting deadlines from emails and attachments then add to user/matter calendar Mapping deadlines from links to civil rules and other documents Summarizing emails and attachments, and other documents Drafting responses to emails

In addition, the LawToolBox app for Microsoft Teams has been updated with natural language capabilities, enabling users to inquire about weekly deadlines, recent matters, find other team members who have time to respond to deadlines and tasks, and reschedule meetings through simple conversational inputs.

“Using AI to further automate deadline management and legal matters in Microsoft 365 is a game-changer”, says Carol Lynn Grow, Chief Operating Officer of LawToolBox. “We’ve incorporated AI to augment the core functions of LawToolBox in a way that is intuitive, safe, and responsible. Once a legal professional uses LawToolBox AI to extract hand-written deadlines from scheduling or other case management orders, they will never want to do it manually again.”

LawToolBox AI leverages Microsoft AI-ready infrastructure for calendar events, meetings, documents, and chat conversations in Microsoft. LawToolBox AI is processed inside – and never leaves – each customer’s Microsoft 365 cloud. LawToolBox AI safely interprets customer data inside Microsoft 365, only processing data which they can access. LawToolBox AI uses Azure OpenAI Service and can be added to Copilot for Microsoft 365. In both cases, customers’ prompts and responses are never used to train language models that benefit other legal professionals.

“The novel use of AI by LawToolBox to manage matters signals a new era of legal technology. By building their AI-powered solutions on Microsoft 365, LawToolBox is providing legal professionals with tools that are not only intelligent but also secure and trustworthy. Assisting legal professionals with AI to reduce risk and automate important business processes will contribute toward the transformation of law firms and offices of general counsel into more efficient, agile, and client-centric organizations”, says Uriel Rootshtain, Sr. Director, Modern Work field and partner, Microsoft.

On November 1, 2023, Microsoft announced Copilot for Microsoft 365. Concurrently, LawToolBox AI is available for Microsoft Teams and/or Copilot for Microsoft 365 users. For law firms and offices of general counsel requiring less than 300 licenses, LawToolBox AI is available with pay-as-you-go Azure OpenAI services enabled in their Microsoft 365 account. Furthermore, enterprise customers can apply toward both their LawToolBox base subscription and their LawToolBox AI add-on subscription.

Existing customers can add LawToolBox AI licenses starting December 11, 2023.New customers can purchase LawToolBox from Microsoft AppSource today and join the AI waitlist to gain access to LawToolBox AI effective December 1, 2023.

About LawToolBox:

Founded in 1998, LawToolBox is a leading provider of legal calendaring and deadline management software trusted by over 8,000 law firms, corporate legal departments, and government agencies worldwide. LawToolBox offers a range of tools that help legal professionals manage court, administrative, transactional, and regulatory deadlines, activate matters from document management and accounting software, and collaborate seamlessly with team members. LawToolBox natively integrates with Microsoft 365, including Microsoft Teams, Outlook, and SharePoint, and other leading legal software providers. LawToolBox has been recognized for its innovation and impact, winning numerous Microsoft awards, including “2021 Microsoft Partner of the Year Finalist,” “Best SharePoint Solution” and “Best Office Integration.”

Media Contact

Carol Lynn Grow, LawToolBox.com, Inc., 303-759-3572, clg@lawtoolbox.com, www.lawtoolbox.com

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SOURCE LawToolBox.com, Inc.

Technology

Max Stock Limited Announces Change in Shares Held by an Interested Party

Published

11 minutes ago

November 24, 2024

CAESAREA, Israel, Nov. 24, 2024 /PRNewswire/ — Max Stock Limited (TASE: MAXO(; )the “Company”, “Max Stock“) today announced that on November 20th, 2024, Phoenix Financial Ltd. and Phoenix Investment House Ltd. (“Phoenix reporting group”), including their respective nostro account, provident funds and provident fund management companies, as well as mutual fund management companies and market maker sub entities, informed the Company that they had sold shares of the Company thereby lowering their joint holdings to 4.8% of the Company’s issued capital (4.15% and 0.65% respectively). As a result, Phoenix reporting group will no longer be an interested party in the Company.

This is an English translation of segments of a Hebrew immediate report that was published on November 24, 2024 (Ref. No: 2024-01-618032) (hereinafter: the “Hebrew Version”). This English version is only for convenience purposes. This is not an official translation and has no binding force. In the event of any discrepancy between the Hebrew Version and this translation, the Hebrew Version shall prevail.

About Max Stock

Max Stock is Israel’s leading extreme value retailer, currently present in 64 locations throughout Israel and 2 locations in Portugal. We offer a broad assortment of quality products for customers’ everyday needs at affordable prices, helping customers “Dream Big, Pay Small”. For more information, please visit https://ir.maxstock.co.il

Company Contacts:

Talia Sessler,
Chief Corporate Development and IR Officer
talia@maxstock.co.il

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SOURCE Max Stock Limited

Technology

Qatar Development Bank announces strategic investment in global Islamic FinTech, Wahed

Published

4 hours ago

November 24, 2024

DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Qatar Development Bank (QDB) announces a strategic investment in Wahed, a global Shariah-compliant fintech.

Wahed currently manages over $1 billion in assets and has attracted over 400,000 clients worldwide. The company is built on the principles of democratizing access to financial services and offers clients access to Shariah-compliant investments in its mobile app. Wahed removes the barriers to sophisticated investment management services that have been traditionally reserved for high-net-worth investors.

Khalid Al Jassim, Executive Chairman of Wahed MENA said: ‘We are delighted to welcome our new shareholders, QDB. We believe Qatar is fully aligned with our mission in creating a technology-first Islamic finance leader that unlocks a financial ecosystem free from Riba. We look forward to supporting the Qatar National Vision 2030 of becoming a leading knowledge-based economy.

Ali Rahimtula, Partner at Cue Ball Capital said: “Qatar Development Bank’s strategic investment is a clear signal of the faith the industry has in Wahed and its ability to create the future of Islamic Finance.”

About Wahed

Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.

For more information, visit: www.wahed.com

About Qatar Development Bank

Qatar Development Bank’s mission is to advance the economic and innovation development cycle of Qatar, supporting and contributing to the nation’s economic diversification. As well as a focus on the development of Qatar’s private sector, QDB is a powerful catalyst for socio-economic development in the country, empowering the local economy and bettering living standards.

For more information, visit: https://www.qdb.qa/

SOURCE Wahed

Technology

Wahed appoints Khalid Al Jassim as Executive Chairman of Wahed MENA to help guide the strategic growth of Wahed in the region

Published

4 hours ago

November 24, 2024

DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Wahed, a global Shariah-compliant fintech, has appointed Khalid Al Jassim as Chairman of Wahed MENA.

On this appointment, Khalid commented, ”I am excited to guide Wahed’s growth in the region. Wahed’s mission of furthering Islamic Finance is one I resonate with deeply and I look forward to supporting its growth ambitions.”

Khalid has over twenty five years of investment banking and corporate advisory experience gained with some of the most innovative and groundbreaking institutions in the world.

His career spans leading firms including SABIC, Arthur Anderson and Arcapita Bank in Bahrain, where he was instrumental in making it into one of the PE powerhouses in the region. His responsibilities started in the earlier years with establishing the Investment Placement Team and transforming it into one of the most robust teams in the industry. At the time that Khalid left Arcapita to build his personal business, he was an Executive Director. Today he is Chairman of Afkar Vision, a private advisory house specialized in mergers and acquisitions with offices in Manama, Dubai and Riyadh.

As well as being one of the earliest investors in Wahed, he is currently Chairman of the Audit Committee and Board Member at Bahrain Islamic Bank, the 4th oldest Islamic Bank in the World and Board Member at SICO Bank and SICO Capital in Saudi, an $8bn asset manager in the region.

Mohsin Siddiqui, Wahed CEO said, “We are delighted to announce Khalid’s appointment. His unique understanding of the financial landscape in the MENA region is unparalleled and we are excited to bring this expertise in continuing to grow our presence in the region.”

About Wahed

For more information, visit: www.wahed.com

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