Allens, an international commercial law firm and Neota Logic client, won the Innovative Project of the Year award for its Real Estate Due Diligence App (REDDA) this week at the 2017 International Legal Technology Association Conference (ILTACON).
The automated lease review solution combines a technical integration between the Kira and Neota Logic software platforms, along with the expertise of Allens legal experts to reduce the time taken to assess risk in leases by up to 30%. Said Julian Uebergang, Managing Director, Asia Pacific of Neota Logic, “We congratulate the Allens team for having the foresight to identify the business problem and the courage of conviction to deliver a production-ready solution. This is true legal innovation and we’re glad that it’s been recognized and very proud to have been part of the team developing the solution.”
The recognition was awarded on August 15th at ILTA’s 8th Annual Distinguished Peer Awards at ILTACON in Las Vegas. The Real Estate Due Diligence App (REDDA) reduces the manual work required by lawyers, enabling them to focus on expert legal analysis.