Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


New AI legaltech product launched in New Zealand

McCarthyFinch and MinterEllisonRuddWatts announce authorDOCS Business Edition - an artificial intelligence (AI) powered legaltech tool delivering faster contract drafting and review.

McCarthyFinch, a leading innovator of AI solutions designed to automate and improve legal processes, and leading law firm in technology innovation, MinterEllisonRuddWatts, today announced the release of authorDOCS Business Edition.

Powered by authorAI, authorDOCS Business Edition brings together enhanced artificial intelligence, along with new collaborative team concept sharing, data segregation for information security and confidentiality.

authorAI is an AI platform designed by McCarthyFinch with investment from MinterEllisonRuddWatts and other investors. The platform is highly advanced - reading, writing and augmenting how lawyers work.

authorDOCS is a user-friendly add-in for Microsoft Word, enabling quick setup and easy integration with existing day-to-day processes. Its intelligence can be tailored to meet each team and user’s specific needs, including specialised review packs for specific types of contracts and machine learning of user preferences to guide the tool’s focus and suggestions it provides.

Benefits for New Zealand’s legal teams include:

Significant time savings by automatically presenting pertinent information and providing quick access to clauses and concepts needed for ecient review and drafting of contracts

Greater collaboration by sharing clauses and concepts across legal teams to facilitate consistency, shared understanding and cooperation

Improved quality and reduced risk by ensuring consistency of review, including auto-flagging of issues to allow proactive management of potential problems

Delivery of greater value by reducing the amount of time required for each contract by up to 60%, empowering lawyers to refocus attention on more impactful work.

MinterEllisonRuddWatts Chief Executive, Andrew Poole says:

"Our firm is committed to delivering exceptional service and creating value for our clients. authorDOCS is the latest demonstration of us acting on this promise. This cleverly designed AI tool combines simplicity and ease-of-use, and is an ideal choice for any legal team looking to make tangible steps towards greater efficiency and the use of technology in the management of contracts."

James Schellhase, Chair of the McCarthyFinch Board, adds:

"Legal teams are expected to be more responsive, flexible, and thorough in their legal work, while providing measurable value to the business. This is amid ever tightening constraints on legal spend and resources.

"The quality and expediency of contract review and drafting are no exceptions, and authorDOCS uses AI technology to accelerate legal work and frees lawyers to focus on higher value needs of the business."

authorDOCS delivers quick wins for legal teams says Nick Whitehouse, Co-founder and CEO of McCarthyFinch.

"We have an exciting range of legal AI products in various stages of release, but we know that most legal teams are eager to begin realising the benefits of AI. authorDOCS creates immediate value, there are no complex IT projects and no changes to existing processes required. You can simply download and get started."

authorDOCS is available globally via a subscription with optional review packs, including for everyday supply agreements, material contracts, confidentiality agreements, and more. Legal teams can upgrade to the Business Edition to add team collaborative concept sharing and enhanced security.

New Zealand’s legal teams can receive of an exclusive authorDOCS offering from MinterEllisonRuddWatts - the country’s exclusive reseller of the legaltech tool.

Learn more about authorDOCS and request a demonstration at


© Scoop Media

Business Headlines | Sci-Tech Headlines


Consumer NZ: Buy-now, Pay-later Raking In $10m+ In Late Fees Annually

A Consumer NZ survey has found buy-now, pay-later services are costing shoppers more than $10 million a year in late fees. Close to four out of 10 Kiwi consumers use buy-now, pay-later services, such as Afterpay, Laybuy and Zip... More>>

Westpac: Catherine Mcgrath Appointed New Zealand CEO

Westpac Group CEO Peter King and the Westpac New Zealand Board today announced the appointment of Catherine McGrath as Chief Executive Officer, Westpac New Zealand... More>>

Amazon: AWS To Open Data Centres In New Zealand

Today, Amazon Web Services (AWS), announced plans to open an infrastructure region in Aotearoa New Zealand in 2024. The new AWS Asia Pacific (Auckland) Region will consist of three Availability Zones (AZs) and join the existing 81 Availability Zones across 25 geographic AWS Regions at launch... More>>


Statistics: Surge In Imports Results In Record Monthly Trade Deficit
Imports increased $1.8 billion in August 2021 compared with August 2020, resulting in a record monthly trade deficit of $2.1 billion, Stats NZ said today. Exports were little changed, down $42 million. "This is a larger deficit than normal because of higher values for imports.. More>>

Fonterra: Completes reset, announces annual results and long-term growth plan out to 2030

Fonterra Co-operative Group Limited today announced a strong set of results for the 2021 financial year, reflected in a final Farmgate Milk Price of $7.54, normalised earnings per share of 34 cents and a final dividend of 15 cents... More>>

Statistics: GDP rises in the June 2021 quarter

Gross domestic product (GDP) rose by 2.8 percent in the June 2021 quarter, following a 1.4 percent increase in the March 2021 quarter, Stats NZ said today. June 2021 quarter GDP was 4.3 percent higher when compared with the December 2019 quarter... More>>