Bloomberg Law
Dec. 1, 2022, 9:26 AM

SoftBank-Backed Legal Tech Startup in Japan Readies US Debut (1)

Min Jeong Lee
Min Jeong Lee
Bloomberg News
Takahiko Hyuga
Takahiko Hyuga
Bloomberg News

SoftBank Group Corp.-backed Japanese startup LegalOn Technologies Inc. plans to launch its service in the US next year in an ambitious attempt at cracking the world’s largest market with its AI product for reviewing business contracts.

A pre-release version of its software, with modifications tailored to US customer needs, will be rolled out in January to a limited pool of users for free, according to JP Biard, head of global strategy. The product, known as LegalForce in Japan and to be branded LegalOn Review for the US, uses artificial intelligence to screen contracts for loopholes and potential legal ...