LSG Platforms Use Artificial Intelligence
LSG has incorporated machine learning into our client applications for several years and we researched and tested for some time to find an appropriate AI/ML coding language for our legaltech platforms. These include Mercury® ELM, the Bilr™ time recording, billing and payments app and others in our extensive portfolio. We settled on BERT, which provides a contextualized and continual learning process, constantly building accuracy and quality. Our e-billing tools are compliant with LEDES and UTBMS, which are universally used code constructs for recording tasks and associating them with the timeline of a matter or legal case. These are broken down into phases, tasks and activities.
Our AI/ML “engine” is capable of interpreting how accurate time records [of tasks and activities] are in relation to the UTBMS codes and equally importantly, how they are aligned [or mis-aligned] with a client’s master services agreement, SLA or terms of conduct.
AI-BillReview is an example of a utility LSG has created which automatically identifies potential errors in time records and invoices and self-corrects these or provides markers to the finance and billing staff or directly to the attorneys. This becomes a learning tool to assist attorneys/time recorders to become far more accurate with their time recording, thus making the task of billing that much easier and driving value to the bottom line of the law firm. The LSG engine can also be applied to accountants/CPA’s, consultants and other professionals.