The Global Legal Post reports that law firm is continuing its legaltech drive with a Manchester University data scientist to lead its latest initiative.
They write…..
Legal business DWF is set to launch a Knowledge Transfer Partnership, in conjunction with the University of Manchester, which will see the business invest in and strengthen its proposition in the realms of legal tech, machine learning and AI to enhance service delivery and develop innovative solutions for its clients. The KTP is one of several research based projects which DWF have entered into with the University since it launched DWF Ventures, an arms-length R&D company, in 2017; including membership of a Legal & Fin Tech Group established by the University which is leading on research in this area.
New products
A Knowledge Transfer Partnerships (KTP) is a three-way partnership between an organisation, an academic institution and a graduate that allows businesses to harness the talent and leading academic insight of local universities and apply it in a practical, commercially-driven way for the benefit of their business. With this insight, businesses are supported in building the capabilities and frameworks they need to develop and bring new products to market, increase operational efficiencies or nurture new skills and initiatives internally.
Data-empowered
DWF will use its KTP to develop and embed a data-empowered business model focusing on the capture, structure and application of data to transform service delivery, internal processes and product offerings. The 30-month project will be overseen by Mayowa Ayodele, a data scientist from the University of Manchester. Ms Ayodele has recently completed her PHD in Computational Intelligence and her appointment allows DWF to take advantage of the latest academic expertise in machine learning, optimisation algorithms for problem solving and the application of new technologies. Working closely with DWF’s business intelligence team headed by Geraldine Gallagher, she will play a key role in helping the business establish a model for enhanced data use and management, recognising its position as a corporate asset fundamental to DWF’s growth strategy.
