Brightflag Awarded U.S. Patent for AI Innovation in Legal Operations

NEW YORK, September 8, 2021 / PRNewswire / – The United States Patent and Trademark Office (USPTO) has granted Brightflag, the AI-based legal operations software company, a patent for its innovative use of artificial intelligence (AI) and machine learning in legal technology. U.S. Patent No. 11,107,137 validates the systems, techniques, and processes for automated legal invoice analysis that are at the core of Brightflag software.

Brightflag’s patented solution applies machine learning to an extremely valuable, but traditionally untapped source of information – external legal bills. The software automatically classifies the invoice text into the appropriate tasks and activities to create a structured, machine-readable data set for providing legal services that helps internal teams that more than $ 300 billion Spent annually in the US alone with outside legal counsel.

“This patent validates the uniqueness of Brightflag’s core technology, but its practical value has been confirmed daily by internal legal teams since 2014,” said Brightflag CEO and Co-Founder Ian Nolan. “By effectively translating legal service descriptions into objective data insights, we’ve given our clients a powerful new edge in their quest to develop more value-based partnerships.”

The operational impact of Brightflag’s AI becomes apparent for the first time during the invoice review process as it interprets invoices quickly and flags legal services that are a potential violation of billing guidelines. The resulting time and cost savings that clients realize in this first step are often significant, but the value of the insights gained can be extended to any stage of the legal life cycle.

The unique data set generated by Brightflags AI has already enabled its customers to predict budget overruns, compare vendor performance, and optimize resource models. As the company continues to build on the more than 100,000 hours that have already been invested in refining its machine learning model, the team looks forward to developing additional use cases with customers in the coming months and years.

To learn more about Brightflag’s AI innovations, please visit: brightflag.com/platform/

About Brightflag

Brightflag was the first to apply artificial intelligence and machine learning to legal operations management software and has invested more than 100,000 hours developing it. With Brightflag, internal legal teams can gain insight into their operations, streamline internal workflows and work more efficiently with outside legal advisers. Brightflag serves a global community of in-house legal experts and their external advisors from offices in new York, Dublin, and Sydney.

Media contact:

Taryn Francissen
BLASTmedia for Brightflag
[email protected]
317-806-1900 diam. 176

SOURCE Brightflag