LPA VisiRule Join Barclays Eagle Labs
Added: (Fri Feb 22 2019)
Pressbox (Press Release) -
Logic Programming Associates (LPA), developers of VisiRule, a graphical tool for developing Legal Expert Systems, have joined the Barclays Eagle Labs LawTech incubator in Notting Hill, London.
Clive Spenser, Marketing Director at LPA commented: “We are excited to be joining Barclays in this initiative and working with their legal partners as well as mingling with other innovative LawTech start-ups. AI technology is poised to disrupt the delivery of legal services and this incubator can help us identify and develop worthwhile commercial applications in the legal sector.”
"There is a wide range of skillsets in the UK, and we believe that we have the right combination of expertise and technology at LPA to develop and supply innovative AI solutions to the legal sector both in the UK but also overseas. Small companies like LPA need a supportive environment with access to legal content and legal know-how."
Jon Hope, Barclays Eagle Labs Director, said: “We're delighted that LPA is joining our thriving LawTech ecosystem and we look forward supporting them and watching their business go from strength to strength."
The incubator is supported by a dedicated Ecosystem Manager and Barclays employees who provide on-site advice for entrepreneurs on areas including business and personal finance, as well as connections into Barclays’ networks.
The LawTech Eagle Lab is part of a growing network of 21 Labs set up by Barclays to help start-up and scale up businesses to create, innovate and grow. Eagle Labs originally converted under-utilised bank spaces to create thriving ecosystems at the heart of their community. They have developed into a UK-wide network, partnering with organisations that share Barclays’ vision to empower businesses and communities to drive the UK economy. Many of the Labs have a specific industry focus on technology areas such as artificial intelligence and home automation.
LPA was formed in 1981 to exploit research at Imperial College into Logic Programming. In 1999, LPA helped incorporate Business Integrity Ltd to take to market innovative work in the area of Document Assembly. Business Integrity Ltd established Contract Express as a premier Contract Automation software package and the company was acquired Thomson Reuters in 2015 for an undisclosed fee.