Partnership with Legal-Pythia

CYKEL AI PLC

26 September 2024

 

26 September 2024

Cykel AI PLC

("Cykel AI" or the "Company")

Cykel AI and Legal-Pythia Launch Partnership to Improve Workflows

Innovative AI collaboration set to transform Legal-Pythia's operations and efficiency

Cykel AI PLC (LSE: CYK) an innovative AI technology company, and Legal-Pythia LLP, a pioneering legal tech firm, today announced the commencement of a strategic partnership aimed at revolutionising Legal-Pythia's workflow and operational efficiency.

This collaboration marks a significant milestone in Legal-Pythia's journey of revolutionising legal tech through AI innovation. By integrating Cykel AI's innovative artificial intelligence technology, Legal-Pythia aims to dramatically reduce time spent on repetitive digital tasks, allowing its legal professionals to focus more on high-value client services and revenue-driving activities.

Jeremy Bormann, Founder of Legal-Pythia, expressed his excitement about the partnership: "We are thrilled to embark on this transformative journey with Cykel AI. This collaboration represents a pivotal moment for Legal-Pythia, aligning perfectly with our mission to create accessible, market-ready legal solutions powered by explainable AI."

Bormann, who holds a Master of Laws in Corporate and Financial law from the University of Glasgow and has a comprehensive legal background from Johannes Gutenberg-Universität Mainz, founded Legal-Pythia with a vision to facilitate conflict resolution and strategy transformation for diverse clients including government bodies, law firms, and banks.

"By harnessing Cykel AI's advanced automation solutions," Bormann continued, "we're not just upgrading our technology; we're reimagining our entire workflow to empower our legal professionals to dedicate more time to strategic thinking and client relationships - the core of our business."

The partnership, which kicks off this month, will focus on enhancing Legal-Pythia's operations through:

1.   Streamlining document review and contract analysis processes.

2.   Automating routine legal research tasks.

3.   Implementing AI-driven case management systems.

4.   Introducing predictive analytics for case outcomes and resource allocation.

Jonathan Bixby, Chief Executive of Cykel AI PLC, commented on the collaboration: "We're thrilled to start this partnership with Legal-Pythia. Our goal is to demonstrate how our AI solutions can transform a company's workflow, increasing efficiency and allowing employees to focus on what truly matters. This collaboration with Legal-Pythia provides an excellent opportunity to showcase the practical applications of our technology in a real-world legal setting."

As the partnership unfolds, Legal-Pythia anticipates significant improvements in its operational efficiency. The integration of Cykel AI's technology is expected to reduce time spent on digital tasks by up to 40%, freeing up valuable hours for Legal-Pythia's team to engage in more complex, high-value work.

Bormann added, "This partnership not only aligns with our core values of customer-centricity, innovation, quality, and efficiency but also reinforces our commitment to addressing underrepresentation and bias in the tech industry. Our participation in programs like Sprint Studio and the Libra programme has underscored the importance of creating inclusive and empowering legal tech solutions."

Both companies are committed to a phased implementation approach, ensuring smooth integration of the new AI technologies into Legal-Pythia's existing systems and processes. Leveraging Bormann's fluency in Python and public speaking skills, the partnership aims to develop products that resonate with their target audience while upholding values of inclusivity and legal empowerment.

Regular updates on the progress and impact of this transformation will be shared as the partnership develops.

About Cykel AI PLC

Cykel is an AI product and research company. Its automation solutions simplify repetitive tasks, enabling employees to concentrate on strategic and important work. The Company builds systems designed to expand the functionality, reliability, and application of AI automation. Cykel AI is building an automation layer for the internet.

About Legal-Pythia LLP

Founded by Jeremy Bormann, Legal-Pythia is committed to revolutionizing legal tech through AI innovation. The company leverages explainable AI to facilitate conflict resolution and strategy transformation for diverse clients including government bodies, law firms, and banks. Legal-Pythia envisions a future where data complexity is simplified, decisions are crystal clear, and innovation knows no bounds, all while prioritizing inclusivity and legal empowerment.

Contact Information: For more information about Cykel AI, please visit www.cykel.ai For more information about Legal-Pythia, please visit www.pythialegal.com

 

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