StructureFlow takes first place at Slaughter and May Collaborate Demo Day04 Jul 2019
StructureFlow, a platform which helps lawyers and clients quickly and easily visualize complex legal structures and transactions, has won a further 4-6 month development opportunity with Slaughter and May following its success at the firm’s Collaborate Demo Day.
The Demo Day was organised by Slaughter and May to present its first Collaborate cohort to a wider audience.
Each of the six companies accepted as part of the first cohort presented their 'elevator pitch' to an audience of client in-house teams, tech suppliers and the firm’s employees. The audience selected the three presentations to progress to a final round.
The three finalists were then asked to answer a separate question by a panel of judges.
The panel comprised Nilufer von Bismarck, partner at Slaughter and May; Alex Woods, Director of Knowledge and Information at Slaughter and May; Andrew Yorston, Head of Legal and Compliance at Vodafone; and Catherine Bamford, a legal engineer, document automation and workflow design specialist.
On the basis of the presentation and the answer to the question posed, the panel ultimately decided that StructureFlow was the most impressive cohort member on the day, citing its ability to take complex issues and deal with them in an intuitive way.
The other cohort members competing were:
- Tabled, a platform which helps lawyers manage tasks and projects by automating workflows and assigning tasks to team members;
- Clarilis, a document automation tool which can be used for even the most complex of legal documents without the need to amend existing precedents or templates first;
- JUST: Access, a transcription and dictation solution using AI and natural language processing to produce transcripts and related analysis;
- Logiak, a tool which allows users with no coding experience to create complex logic/rule-based systems; and
- LitiGate, an AI-powered litigation platform which uncovers hidden insights and provides a bird's eye view of each case and automates day-to-day tasks.
Nilufer von Bismarck, partner at Slaughter and May said:
“The quality of the presentations from all the companies taking part gave the panel a tough decision to make. Congratulations though must go to Structure Flow who just pipped the other companies to the prize. Their pitch was presented in a very clear and compelling way.”
Tim Follett, founder and CEO of StructureFlow said:
“We’re absolutely delighted to have won and we are very much looking forward to continuing our journey with Slaughter and May. In order to get a product to fly you need to understand how people use it and working with Slaughter and May has helped significantly in this respect.”
Jane Stewart, Head of Innovation at Slaughter and May said:
“We wanted Demo Day to be a real opportunity for these companies. They were all highly impressive. We have enjoyed working with this cohort alongside our clients. It’s a very exciting time for legal tech and we’re very much looking forward to continue play our part in supporting the burgeoning community.”
Lyle Ellis, Senior IPR Manager at Vodafone, and member of the Collaborate client panel, said:
“Working alongside Slaughter and May on Collaborate has given us a great window into the legal tech start-up community. It has been invaluable to assess what type of platform might add value to a big multi-national in-house legal team like us.”
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