#Japan #Tokyo #Cloud Legal #Ricoh Japan #a23s

Overview of the New Legal Service Collaboration

Ricoh Japan has officially launched the strategic sale of Cloud Legal, an innovative legal outsourcing service featuring generative AI, in collaboration with a23s Co., Ltd. This partnership addresses the growing need for legal services amidst increasing complexity in corporate compliance and intellectual property issues, especially for small and medium-sized enterprises (SMEs). The strategic partnership is primed to enhance legal operations through digital transformation (DX) in Japan, due to the significant talent shortages in specialized legal fields.

Background of Cloud Legal's Strategic Marketing

In recent years, the demand for specialized legal compliance and intellectual property professionals has surged, primarily due to the ever-evolving laws and regulations that companies must adhere to. Companies, regardless of their size, need to prioritize compliance frameworks and governance systems to manage contractual risks effectively. However, many SMEs struggle to appoint dedicated legal personnel or do not have legal counsel on retainer, creating uncertainty in their legal commitments.

To mitigate these challenges, a23s has entered into a capital alliance with Ricoh through the RICOH Innovation Fund. This collaboration marks a significant step toward providing SMEs in Japan with robust legal support through Cloud Legal.

Additionally, Ricoh has boosted its legal support cloud services, notably with the RICOH Contract Workflow Service, which debuted new features in July for searching similar case precedents. This enhancement aims to improve both the accuracy and speed of legal responses.

As Cloud Legal rolls out, this partnership aims to cater to a spectrum of clients, from SMEs to large corporations, enabling them to embrace digital legal services.

Range of Services Offered by Cloud Legal

Cloud Legal integrates professional legal counsel with generative AI and IT services, delivered through an online platform. The scope of services encompasses:

• - Automated Smart Contract Generation
• - Contract Formats Approved by Lawyers
• - Legal and Labor Consultation Support via Web, Chat, Remote Meetings, and Phone
• - AI-driven Legal Research and Assistance
• - Contract Review with AI and Lawyer Oversight
• - Custom Contract Drafting
• - Legal Research on Regulations
• - Company Establishment Services
• - Intellectual Property Registration and Research
• - Internal Regulation Development
• - Advertising Reviews
• - Support for Shareholder Meetings and Director Boards
• - Internal Reporting Mechanisms for Legal Violations
• - Legal Due Diligence Support
• - IPO Preparation
• - E-Contract Management and Support
• - Integration with Other Platforms like Slack

This holistic approach positions Cloud Legal as a vital resource for legal operations, serving roles similar to internal legal departments.

RICOH Contract Workflow Service

The RICOH Contract Workflow Service, classified under Contract Lifecycle Management (CLM), streamlines the process from contract inquiry through approval and enforcement. By encapsulating past case data and contract details, this service enhances the quality and efficiency of legal advice provided by corporate legal departments.

Upcoming Industry Events

Ricoh Japan is hosting seminars to introduce their innovative legal solutions and showcase the transformative potential of the Cloud Legal service for improving corporate legal practices. More information can be found on PR Times.

Recent Developments in Cloud Legal

a23s recently secured funding led by ANOBAKA, alongside support from major legal tech industry players, to strengthen its offerings. The partnership with Ricoh under the RICOH Innovation Fund will facilitate strategic developments in legal tech.

They have also appointed Yuki Kanazawa from GMO GlobalSign Holdings as the CSMO of Cloud Legal, aiming to enhance legal compliance in enterprises embracing these modern solutions.

Cloud Legal is set on providing easy access to legal support services, ensuring that companies can efficiently manage their legal operations without the need for extensive in-house legal teams.

Conclusion

Ricoh Japan and a23s are making significant strides in addressing the legal service gaps faced by many enterprises in Japan. Through Cloud Legal, they offer an innovative platform designed to meet the rising demands of legal compliance, thus empowering businesses of all sizes to thrive in an increasingly regulated landscape.