Indo-Canadian’s Startup Is Disrupting Legal Industry Using Artificial Intelligence

By Anirudh Bhattacharyya Hindustan Times, Toronto
Hindustan Times, New Delhi

WWR Article Summary (tl;dr) Mona Datt is the founder of “Loom Analytics”, a Toronto-based AI startup that launched last year and has developed an app that promises ‘Litigation intelligence at your fingertips’.

Hindustan Times, New Delhi

The legal industry may be heading for significant change brought about by technology and an Indo-Canadian entrepreneur could play a role in harnessing artificial intelligence to speed up that process.

Sitting in an office in Toronto, Mona Datt is seeking answers to some legal questions — are some judges prone to ruling in a particular way? Do some line of arguments presented by lawyers work better than others? Do some jurisdictions favor plaintiffs more?

Datt is the founder of Loom Analytics, a Toronto-based AI startup that launched last year and has developed an app that promises ‘Litigation intelligence at your fingertips’ to its target market (as of now) of lawyers and insurance companies.

Loom’s premise is: “By sorting and classifying case law for you, we’re making the process of case law research smarter, faster, and more robust. Using a combination of legal analysis and machine learning, Loom provides hard numbers on case law: win/loss rates, judge ruling histories, litigation trends over time, and much more.”

“As an industry, it’s at a weird stage. The legal industry has AI and machine learning sitting at its doorstep. It’s an industry that’s ripe for disruption,” Datt told HT in an interview.

Essentially, at this stage, Loom looks at removing the drudge work required in sorting through reams of case law and is attempting to automate the process.

“It’s so repetitive that after a while, you say, does this really need a human being to do it over and over again? Or can it just be done once, put in a database so that other people can actually leverage what’s been done once?” she said.

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