Global law firm, White & Case, has made a strategic investment into Saudi-based Clauze, a new legal AI platform. It’s been founded by Waad Alkurini, ...
Global law firm, White & Case, has made a strategic investment into Saudi-based Clauze, a new legal AI platform. It’s been founded by Waad Alkurini, who worked for more than a decade at White & Case, most recently as Executive Partner of the firm’s Riyadh office.
Alkurini (pictured) is also understood to have worked on matters for key Saudi organisations such as Red Sea Global, Aramco, and once had a secondment to the Ministry of Finance in the oil-rich Gulf state, but which is now diversifying into new, often tech-related ventures.
White & Case – which appears not to have publicly announced another investment of this type before – added that she ‘qualified in both New York and Saudi Arabia, [and] advised sponsors, lenders, and government on some of the Kingdom’s largest infrastructure and energy transactions’.
Well, it’s a comprehensive platform that is designed to handle a wide range of needs for companies in Saudi Arabia and the region.
The AI-powered enterprise legal platform is ‘designed to understand and apply a company’s legal knowledge to help teams review contracts, manage governance, conduct due diligence, identify risks and obligations and make better-informed legal decisions’.
It has a VDR and plenty more on offer. In effect, it’s designed to provide for a large part of any inhouse team’s needs. It also offers bilingual capabilities, full data residency in Saudi Arabia, and on-premises deployment. So, think of it as a kind of ‘CLM-plus’ platform.…
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