Baker & McKenzie LLP

11/11/2024 | Press release | Distributed by Public on 11/11/2024 09:10

Baker McKenzie Announces Spin Off of AI Powered Legal Risk Solutions Business SCOREalytics

Global law firm Baker McKenzie today announces the establishment, as a separate company, SCOREalytics, Inc. and the launch of AI-powered platform SCORE, a pioneer in legal risk management solutions.

Designed by Baker McKenzie professionals with more than 20 years of risk analysis expertise, SCORE is an AI-powered platform designed to revolutionize how companies identify, analyze, and manage legal risks. The tool provides a holistic approach across multiple domains including ESG, trade, data privacy, cybersecurity, employment, tax, and intellectual property by combining advanced artificial intelligence with comprehensive data analysis to deliver precise, actionable insights for managing legal risks.

"SCORE streamlines risk management processes for legal and compliance teams, risk officers, company executives, and corporate boards," explained Moiz Shirazi, founder and CEO of SCOREalytics and previously a Principal Economist in Baker & McKenzie Consulting LLC's Tax Practice. "It's a transformative solution that turns hugely complex problems into actionable insights, helping companies navigate risks with unprecedented precision."

The launch of SCORE comes at a time when businesses are increasingly seeking integrated, AI-driven solutions to address the growing complexity of legal and regulatory compliance.

"We are incredibly proud of the Baker McKenzie team behind this innovative product," commented Colin Murray, Baker McKenzie's North America Chief Executive Officer. "We look forward to seeing it developed under SCOREalytics as a standalone company meeting a growing business need."

Learn more about SCOREalytics here.

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