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3 Business Cases on top of the Lynx Legal Knowledge Graph

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3 Business Cases on top of the Lynx Legal Knowledge Graph

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The main objective of the Lynx research and innovation project is to create an ecosystem of smart cloud services to better manage compliance, based on a Legal Knowledge Graph (LKG) that integrates and links multilingual and heterogeneous compliance data sources including legislation, case law, standards, regulations and other private contracts, besides others.

This webinar will provide insights into (i) problem statement and requirements, (ii) business cases (iii) and technical solutions as well as (iv) showcase demos of the 3 compliance related Pilots of the Lynx project that are based and implemented on the Lynx Services Platform (LySP). These are (a) question-answering solution in the field of labour law by the Spanish law firm Cuatrecasas, (b) contract analysis and management by the Austrian legaltech startup Cybly, and finally (c) the geothermal energy compliance recommender by the Norwegian consulting company DNV.GL.

Transcript

  1. 1. BUILDING THE LEGAL KNOWLEDGE GRAPH FOR SMART COMPLIANCE SERVICES IN MULTILINGUAL EUROPE www.lynx-project.eu 3 Business Cases on top of the Lynx Legal Knowledge Graph Webinar 2, January 14th 2021
  2. 2. Agenda • The Lynx project - 5’ Elena Montiel Ponsoda, Lynx project lead, Universidad Politécnica de Madrid • Geothermal Energy Compliance, DNV GL - 15’ Pieter Verhoeven, Senior Consultant / Digital Innovation Manager at DNV GL • Contract Analysis Pilot, Cybly - 15’ Christian Sageder, Managing Director at Cybly GmbH • Labor Law Pilot, Cuatrecasas - 15’ Pascual Boil, Consultancy and Applications Director at Cuatrecasas Elsa Gomez, ECM Applications Responsible at Cuatrecasas • Questions & Answers - 10’ Moderation: Martin Kaltenboeck, Co-Founder & CFO of Semantic Web Company
  3. 3. The Lynx project ICT14-2016-2017 (IA) Innovation action Pillar: Industrial Leadership Work Programme Year: H2020-2016-2017 Work Programme Part: Information and Communication Technologies TOPIC : Big Data PPP: cross-sectorial and cross-lingual data integration and experimentation Duration: 40 months Starting date: 1st December 2017 Estimated Project Cost: €3,638,065.00 Requested EU Contribution: €2,959,247.52 Project Officer: Johan BODENKAMP/Pierre-Paul SONDAG
  4. 4. Our Aim
  5. 5. Our Mission Smart services to better manage compliance LKG of European legal and regulatory open data Multilingual and multijurisdictional data
  6. 6. Our Pilots Contracts Analysis Labour LawGeothermal Energy
  7. 7. Lynx Pilot 1 Geothermal Energy About the LYNX use case Energy transition as umbrella a theme: • Technology adoption can be accelerated or constrained by legislation and regulation • Energy transition will require policy advancements by al EU and all its member countries • Emerging information technologies can also help knowledge an information sharing on adjacent themes like environmental and safety risk About DNV GL • Global assurance and risk management expert • Vision to tackle global transformations, such as energy transition • Sectors: Maritime, Power & renewables and Oil & Gas. • Visit www.dnvgl.com/energy-transition to learn more about our expert forecast of the most likely energy future through to 2050, modeling 10 regions and the impact on 3 industry sectors
  8. 8. What is Geothermal Energy? Geothermal energy is thermal energy generated and stored in the Earth. A geothermal energy plant actively injects water into wells to be heated and pumped back out. This energy can be consumed directly (heating and cooling) or converted in electricity Image credits: Leibniz Institute for Applied Geophysics (2014)
  9. 9. Geothermal Energy Plants Image source: IRENA (2017), IRENA Project Navigator – Technical Concept Guidelines for Geothermal Power Projects, International Renewable Energy Agency, Abu Dhabi
  10. 10. Geothermal Energy use case How can we help geothermal energy practitioners to get an instant overview of regulatory information (e.g. permits) based on their task at hand? • Search, based on keyword • Recommender, based on input document (PDF or TXT)
  11. 11. Demo
  12. 12. Summary We believe Knowledge Graphs technology can add value by connecting Information fragmented by language, jurisdiction and domains Acceleration and adoption of emerging sustainable energy alternatives is a promising use case given the transition required Single point of access to relevant regulatory information and industry best practices helps mitigating regulatory, safety and environmental risks For more information on this use case visit https://lynx-project.eu/publications/deliverables or get in touch with us via pieter.verhoeven@dnvgl.com
  13. 13. Contracts Christian Sageder
  14. 14. Pilot - Contracts Develop process-oriented, integrated IT solutions for legal, finance and compliance and all other areas with a legal or regulatory background Customized digitalization of entire legal processes
  15. 15. Pilot - Contracts • Unmanageable number of documents, less and less time to perform tasks • Only a minimal dataset is stored for automatic processing • No information about: Sensitive clauses e.g. Termination clauses, Index clause, SLA clauses • Document hierarchy, e.g. main contracts, amendments, … • Ever increasing number of laws, new decisions / changes in law • Which contracts are affected? • increase in risk, decrease in quality, high internal & external costs
  16. 16. Pilot - Contracts • How can we help companies to get an instant overview? • Automated contract processing • Automated linking of contract related documents • Alert to relevant changed laws, regulations and case law • Input for contract production / changes • Passing information back to existing systems • With this solution we are helping our customers to gather more knowledge over their contracts -> winning efficiency, increase quality and reducing risk
  17. 17. Pilot - Contracts
  18. 18. Demo
  19. 19. Labour Law Pascual Boil, Elsa Gómez
  20. 20. ABOUT Tax Corporate/M&A Administration Finance Litigation and Arbitration Competition IP/IT Capital Markets Labor and Employment Award for most innovative firm in “Managing and Developing Talent” FT Innovative Lawyers, 2019 Award for most innovative law firm in the "Strategy & changing behaviours“ category FT Innovative Lawyers, 2018
  21. 21. 22 Knowledge & experience Law firm of the year Forbes, 2019
  22. 22. * Our offices in Casablanca, Luanda and Maputo work in collaboration with local firms. Flexible international network Offices in Beijing, Brussels, Casablanca*, London, Luanda*, Maputo*, New York and Shanghai 5 international desks European network with leading law firms in France, Germany and Italy 23 Local expertise, unique methodology and shared global resources to guarantee specialized, personal advice for each client. Maximum presence on the Iberian Peninsula 14 offices in Spain and 2 in Portugal LATAM focus Offices in Chile, Colombia, Mexico and Peru. Over 20 years’ experience in the Latin American market. Crossborder vision
  23. 23. LABOR LAW. HIGHLIGHTS • Problem space • fragmented landscape of sources (legislation and regulations) in multiple languages (in the labour domain) • changing regulation • Solution space • demonstrate how search and Q&A can help the user to find the correct answer to a legal question
  24. 24. LABOUR LAW - USE CASE We are an Iberian law firm but with global/international coverage for our customers • Business are global, our customers are global but we have different languages and also different country laws • 2 main use cases: • (internal – our lawyers) We as a international law firm participate in global acquisitions (M&A) or geographic expansion • (external – customers) We have big/global customers with international coverage • What are the main differences between countries? • How are the equivalent norms there?
  25. 25. TARGET USERS • For the internal use case … • Cuatrecasas’ “junior” labour lawyers involved in international operations • For the external/customer use case … • In-house lawyer or business executive from international companies • But also interesting for big corporations, non-international but with complex internal regulations and agreements, involving several divisions and industries (large groups)…
  26. 26. EXAMPLE OF QUESTIONS LIST
  27. 27. THE SOLUTION Legal questions (in natural language) Legal answers (direct texts from the law)
  28. 28. THE SOLUTION Legal questions (in natural language) Legal answers (direct texts from the law)
  29. 29. Demo
  30. 30. Lynx Webinar Series • Webinar 1: Lynx overall introduction When: 10.12.2020, 10.30am CET (1 hour) Recording: https://www.youtube.com/channel/UCiamvjcw-ljxZla9M2Cjzeg • Webinar 2: 3 Business Cases on top of the Lynx Legal Knowledge Graph When: 14.1.2021, 10.30am CET Recording: to be announced soon • Webinar 3: The Lynx Services Platform (LySP) - Part 1: Overview When: 11/02/2021, 11.30am CET Registration: https://attendee.gotowebinar.com/register/5556043772288317453 • Webinar 4: The Lynx Services Platform (LySP) - Part 2: The Services When: 18/02/2021, 10.30am CET Registration: https://attendee.gotowebinar.com/register/6255506890391068941 • Final Event: Lynx - Compliance made easy When: 17/03/2020; 09.30 - 12.00pm CET Registration: https://attendee.gotowebinar.com/register/1747701631044349709
  31. 31. CONTACTS CONSORTIUM Please raise your Questions now…. http://lynx-project.eu/ CONSORTIUM

Description

The main objective of the Lynx research and innovation project is to create an ecosystem of smart cloud services to better manage compliance, based on a Legal Knowledge Graph (LKG) that integrates and links multilingual and heterogeneous compliance data sources including legislation, case law, standards, regulations and other private contracts, besides others.

This webinar will provide insights into (i) problem statement and requirements, (ii) business cases (iii) and technical solutions as well as (iv) showcase demos of the 3 compliance related Pilots of the Lynx project that are based and implemented on the Lynx Services Platform (LySP). These are (a) question-answering solution in the field of labour law by the Spanish law firm Cuatrecasas, (b) contract analysis and management by the Austrian legaltech startup Cybly, and finally (c) the geothermal energy compliance recommender by the Norwegian consulting company DNV.GL.

Transcript

  1. 1. BUILDING THE LEGAL KNOWLEDGE GRAPH FOR SMART COMPLIANCE SERVICES IN MULTILINGUAL EUROPE www.lynx-project.eu 3 Business Cases on top of the Lynx Legal Knowledge Graph Webinar 2, January 14th 2021
  2. 2. Agenda • The Lynx project - 5’ Elena Montiel Ponsoda, Lynx project lead, Universidad Politécnica de Madrid • Geothermal Energy Compliance, DNV GL - 15’ Pieter Verhoeven, Senior Consultant / Digital Innovation Manager at DNV GL • Contract Analysis Pilot, Cybly - 15’ Christian Sageder, Managing Director at Cybly GmbH • Labor Law Pilot, Cuatrecasas - 15’ Pascual Boil, Consultancy and Applications Director at Cuatrecasas Elsa Gomez, ECM Applications Responsible at Cuatrecasas • Questions & Answers - 10’ Moderation: Martin Kaltenboeck, Co-Founder & CFO of Semantic Web Company
  3. 3. The Lynx project ICT14-2016-2017 (IA) Innovation action Pillar: Industrial Leadership Work Programme Year: H2020-2016-2017 Work Programme Part: Information and Communication Technologies TOPIC : Big Data PPP: cross-sectorial and cross-lingual data integration and experimentation Duration: 40 months Starting date: 1st December 2017 Estimated Project Cost: €3,638,065.00 Requested EU Contribution: €2,959,247.52 Project Officer: Johan BODENKAMP/Pierre-Paul SONDAG
  4. 4. Our Aim
  5. 5. Our Mission Smart services to better manage compliance LKG of European legal and regulatory open data Multilingual and multijurisdictional data
  6. 6. Our Pilots Contracts Analysis Labour LawGeothermal Energy
  7. 7. Lynx Pilot 1 Geothermal Energy About the LYNX use case Energy transition as umbrella a theme: • Technology adoption can be accelerated or constrained by legislation and regulation • Energy transition will require policy advancements by al EU and all its member countries • Emerging information technologies can also help knowledge an information sharing on adjacent themes like environmental and safety risk About DNV GL • Global assurance and risk management expert • Vision to tackle global transformations, such as energy transition • Sectors: Maritime, Power & renewables and Oil & Gas. • Visit www.dnvgl.com/energy-transition to learn more about our expert forecast of the most likely energy future through to 2050, modeling 10 regions and the impact on 3 industry sectors
  8. 8. What is Geothermal Energy? Geothermal energy is thermal energy generated and stored in the Earth. A geothermal energy plant actively injects water into wells to be heated and pumped back out. This energy can be consumed directly (heating and cooling) or converted in electricity Image credits: Leibniz Institute for Applied Geophysics (2014)
  9. 9. Geothermal Energy Plants Image source: IRENA (2017), IRENA Project Navigator – Technical Concept Guidelines for Geothermal Power Projects, International Renewable Energy Agency, Abu Dhabi
  10. 10. Geothermal Energy use case How can we help geothermal energy practitioners to get an instant overview of regulatory information (e.g. permits) based on their task at hand? • Search, based on keyword • Recommender, based on input document (PDF or TXT)
  11. 11. Demo
  12. 12. Summary We believe Knowledge Graphs technology can add value by connecting Information fragmented by language, jurisdiction and domains Acceleration and adoption of emerging sustainable energy alternatives is a promising use case given the transition required Single point of access to relevant regulatory information and industry best practices helps mitigating regulatory, safety and environmental risks For more information on this use case visit https://lynx-project.eu/publications/deliverables or get in touch with us via pieter.verhoeven@dnvgl.com
  13. 13. Contracts Christian Sageder
  14. 14. Pilot - Contracts Develop process-oriented, integrated IT solutions for legal, finance and compliance and all other areas with a legal or regulatory background Customized digitalization of entire legal processes
  15. 15. Pilot - Contracts • Unmanageable number of documents, less and less time to perform tasks • Only a minimal dataset is stored for automatic processing • No information about: Sensitive clauses e.g. Termination clauses, Index clause, SLA clauses • Document hierarchy, e.g. main contracts, amendments, … • Ever increasing number of laws, new decisions / changes in law • Which contracts are affected? • increase in risk, decrease in quality, high internal & external costs
  16. 16. Pilot - Contracts • How can we help companies to get an instant overview? • Automated contract processing • Automated linking of contract related documents • Alert to relevant changed laws, regulations and case law • Input for contract production / changes • Passing information back to existing systems • With this solution we are helping our customers to gather more knowledge over their contracts -> winning efficiency, increase quality and reducing risk
  17. 17. Pilot - Contracts
  18. 18. Demo
  19. 19. Labour Law Pascual Boil, Elsa Gómez
  20. 20. ABOUT Tax Corporate/M&A Administration Finance Litigation and Arbitration Competition IP/IT Capital Markets Labor and Employment Award for most innovative firm in “Managing and Developing Talent” FT Innovative Lawyers, 2019 Award for most innovative law firm in the "Strategy & changing behaviours“ category FT Innovative Lawyers, 2018
  21. 21. 22 Knowledge & experience Law firm of the year Forbes, 2019
  22. 22. * Our offices in Casablanca, Luanda and Maputo work in collaboration with local firms. Flexible international network Offices in Beijing, Brussels, Casablanca*, London, Luanda*, Maputo*, New York and Shanghai 5 international desks European network with leading law firms in France, Germany and Italy 23 Local expertise, unique methodology and shared global resources to guarantee specialized, personal advice for each client. Maximum presence on the Iberian Peninsula 14 offices in Spain and 2 in Portugal LATAM focus Offices in Chile, Colombia, Mexico and Peru. Over 20 years’ experience in the Latin American market. Crossborder vision
  23. 23. LABOR LAW. HIGHLIGHTS • Problem space • fragmented landscape of sources (legislation and regulations) in multiple languages (in the labour domain) • changing regulation • Solution space • demonstrate how search and Q&A can help the user to find the correct answer to a legal question
  24. 24. LABOUR LAW - USE CASE We are an Iberian law firm but with global/international coverage for our customers • Business are global, our customers are global but we have different languages and also different country laws • 2 main use cases: • (internal – our lawyers) We as a international law firm participate in global acquisitions (M&A) or geographic expansion • (external – customers) We have big/global customers with international coverage • What are the main differences between countries? • How are the equivalent norms there?
  25. 25. TARGET USERS • For the internal use case … • Cuatrecasas’ “junior” labour lawyers involved in international operations • For the external/customer use case … • In-house lawyer or business executive from international companies • But also interesting for big corporations, non-international but with complex internal regulations and agreements, involving several divisions and industries (large groups)…
  26. 26. EXAMPLE OF QUESTIONS LIST
  27. 27. THE SOLUTION Legal questions (in natural language) Legal answers (direct texts from the law)
  28. 28. THE SOLUTION Legal questions (in natural language) Legal answers (direct texts from the law)
  29. 29. Demo
  30. 30. Lynx Webinar Series • Webinar 1: Lynx overall introduction When: 10.12.2020, 10.30am CET (1 hour) Recording: https://www.youtube.com/channel/UCiamvjcw-ljxZla9M2Cjzeg • Webinar 2: 3 Business Cases on top of the Lynx Legal Knowledge Graph When: 14.1.2021, 10.30am CET Recording: to be announced soon • Webinar 3: The Lynx Services Platform (LySP) - Part 1: Overview When: 11/02/2021, 11.30am CET Registration: https://attendee.gotowebinar.com/register/5556043772288317453 • Webinar 4: The Lynx Services Platform (LySP) - Part 2: The Services When: 18/02/2021, 10.30am CET Registration: https://attendee.gotowebinar.com/register/6255506890391068941 • Final Event: Lynx - Compliance made easy When: 17/03/2020; 09.30 - 12.00pm CET Registration: https://attendee.gotowebinar.com/register/1747701631044349709
  31. 31. CONTACTS CONSORTIUM Please raise your Questions now…. http://lynx-project.eu/ CONSORTIUM

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