What is CompetitionAI, a new rival of the ChatGPT for lawyers?

CompetitionAI, launched in November 2023 by Daniel Schwarz, a competition lawyer at Clifford Chance, alongside AI engineers Jonathan Halpern and Andrew Davidson, aims to revolutionise legal research for competition law practitioners. Dubbed ‘ChatGPT for competition lawyers’, the platform employs AI to swiftly navigate and extract relevant insights from vast volumes of competition authority guidance. Model like this one allows lawyers to obtain precise answers efficiently, verifying them against the original sources provided.

Since its inception, CompetitionAI has garnered over 600 registrations from users spanning more than 100 law firms and 60 corporates worldwide. Initially covering jurisdictions like the UK, EU, USA, and Australia, the platform has expanded its coverage to include Canada, Ireland, India, South Africa, Turkey, and Nigeria. The growth underscores its commitment to providing comprehensive competition law guidance on a global scale.

Daniel Schwarz, reflecting on the platform’s genesis, noted his transition from a decade-long career in law to a deep-seated fascination with AI’s potential to enhance legal practice. Partnering with AI experts, CompetitionAI utilises advanced models like GPT-4 to ensure precise and reliable information retrieval from regulatory texts and case law. The team continues to refine its AI capabilities, aiming to tailor the platform specifically to the evolving needs of competition lawyers.

Looking ahead, CompetitionAI plans to expand its team and capabilities through ongoing fundraising efforts, driven by escalating demand. Schwarz emphasises their dedication to leveraging AI to meet the nuanced demands of competition law, indicating a strategic focus on enhancing and scaling their platform to serve a growing international clientele effectively.