BCLP and Orbital Witness partnership unveiled
The transatlantic generative AI project willcoptimize commercial lease reporting
Leading international law firm Bryan Cave Leighton Paisner (BCLP) and Orbital Witness, an award-winning proptech and legaltech startup, today announced a global design partnership to test, optimize and deploy Orbital Witness’ lease reporting capabilities in its latest generative artificial intelligence (AI) solution, Orbital Copilot, across BCLP’s U.K. and U.S. real estate practices.
Orbital Copilot is the first real estate-sector-specific AI assistant created for real estate lawyers that is capable of analyzing and reporting on any real estate document. By leveraging Orbital Witness’ market-leading capabilities in real estate-specific AI and the deep sector knowledge and experience of BCLP’s global real estate practice, this first-in-market collaboration seeks to use this cutting-edge technology to enhance BLCP’s reporting on complex commercial leases, providing accelerated insights to their clients.
Through a series of workshops and user experience sessions, BCLP lawyers in the U.K. and the U.S. will work with Orbital Witness to test Orbital Copilot across different transaction types and jurisdictions to push this technology to the next level.
Orbital Witness, which recently announced its Series A funding round, is at the forefront of applying generative AI to identify and advise on real estate risk. Its solutions use cutting-edge technologies to automate and advance various aspects of property diligence work for real estate professionals.
Andrew Thompson, chief technology officer at Orbital Witness, says, “A key part of our strategy with Orbital Copilot is to develop real estate-domain-specific AI that enables us to deliver solutions for property professionals that are incomparable in terms of capability, quality and reliability. This collaboration and pilot program with BCLP allows us to demonstrate and test that value at a firm that shares our ambitions and vision for this technology.”
Samant Narula, BCLP’s U.K. head of real estate, says, “BCLP was an early adopter of Orbital Witness’ products, and we are thrilled to collaborate with the company on an AI solution that will provide marked benefits to our clients by accelerating lease reporting and enhancing real estate due diligence. We’re also excited to see so many of our lawyers deeply engaged in the development of leading-edge technology and experiencing the potential of generative AI firsthand.”