Cyril Amarchand Mangaldas Sets up Legal Tech Incubator

/ -- India's largest and leading full service law firm, Cyril Amarchand Mangaldas (CAM), has set up India's first legal tech incubator 'Prarambh'.

(Logo: https://mma.prnewswire.com/media/824336/Prarambh_Logo.jpg )
On setting up of Prarambh, Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas, said "Our Firm has a proud tradition of innovating in the Indian legal market. We have been the first to adopt a number of new technologies in the legal space, such as artificial intelligence based machine learning, and we are now the first to support and incubate technology start-ups. Our DNA is to be a pioneer in evolving practices and technologies, we believe that we can support our clients, our lawyers and enhance the services provided through this."
Prarambh will work with young entrepreneurs to come up with new technology-based solutions for the legal industry. This will include areas related to:
Discussing the potential of Prarambh, Cyril Shroff explained, "The potential is enormous. During our initial exploration, we found that a great deal of legal technology being used in other jurisdictions is not fully suited to the Indian legal market. This means there is both 'need gap' and an 'adjustment gap' that we are seeking to fill. CAM also believes that there is a deep pool of undiscovered and under-supported legal and technology skills in India that can be fostered to fill this gap. I am extremely confident that Prarambh has all the ingredients to radically transform legal-tech landscape impacting both transactions and dispute resolution, CAM is setting the ball rolling for emergence of India as an important player in this legal technology domain."
Under the guidance of Cyril Shroff, Prarambh will be led by Komal Gupta, Head - Artificial Intelligence & Innovation, Cyril Amarchand Mangaldas, who said, "With the Firm's lineage, brand, infrastructure, subject matter expertise across domains, empathy, and expert mentorship, Prarambh is the ideal incubation platform. We are confident that it will truly enable start-ups in India to develop world class legal technology solutions."
About Cyril Amarchand Mangaldas