Rotork plc and Baker McKenzie Engage LEVERTON to Automate Lease Abstraction and Create a Structured Lease Data Repository
LONDON (March 7, 2019) – LEVERTON, the market-leading AI-powered data extraction and document management company, announced today that Rotork plc, the market leading actuator manufacturer and flow control company, and Baker McKenzie, the leading global law firm, have adopted LEVERTON’s AI-powered data extraction and document management platform to structure Rotork’s real estate lease data and create a transparent data repository.
Rotork plc, that manages a global property portfolio of local offices and manufacturing facilities, required a solution that would allow for quick access to relevant lease data for effective portfolio management. LEVERTON’s AI-powered data extraction technology offers Rotork plc the capability to examine its lease documentation automatically, effectively identify, abstract, and structure crucial information from leases, producing results in a more timely and accurate manner than the manual lease abstraction alternative. The utilization of the LEVERTON software accelerates the way in which Rotork plc accesses, interacts and manages data across its entire portfolio.
Anya Calcott, Senior Legal Counsel at Rotork plc said: “We were hugely impressed by LEVERTON’s performance. We particularly liked the functionality, which allowed us to click on the extracted information and take us to the source of that information within the documents. We were also impressed with the timely delivery and the responsiveness of LEVERTON’s project manager.”
“We are thrilled to have Rotork join our illustrious list of UK clients and demonstrate to yet another plc the unparalleled benefits of using Artificial Intelligence for contract review and data management,” said Richard Belgrave, Chief Revenue Officer, LEVERTON.
Rotork is the market leading actuator manufacturer and flow control company that operates in any market where the flow of gases or liquids needs to be controlled. It has established manufacturing facilities, a global network of local offices and agents who can truly provide a worldwide service. You will be able to locally source Rotork’s products, supported by life-of-plant maintenance, repair and upgrade services.
About Baker McKenzie
Global law firm Baker McKenzie helps clients overcome the challenges of competing in the global economy. Serving our clients with more than 6,000 lawyers in over 45 countries, we have a deep understanding of the culture of business the world over and are able to bring the talent and experience needed to navigate complexity across practices and borders with ease.
LEVERTON provides deep insights from unstructured data found in corporate and legal documents in over 30 languages. Trusted by over 100 leading companies to create value through structured data with its AI-powered, data extraction platform, LEVERTON is located globally, with offices in New York, London, New Delhi, and Berlin. Contact us at www.leverton.ai.
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