Bringing AI to Insolvency
What in the jargon is insolvency?
Insolvency practice deals with situations where an individual or business cannot meet its financial obligations. It includes both restructuring (trying to save the business) and liquidation (winding it up).
The global insolvency software sector was valued around $2.04 billion in 2024, with projections suggesting it may grow to $4.5 billion by 2032.
There's massive opportunity for AI in this complex area of law
We're building powerful software for restructuring professionals.
It centralizes fragmented workflows, eliminates redundancy, and automates critical steps like stakeholder updates and compliance tracking.
AI & Machine Learning Integration
AI/ML is pivotal—used for automating routine tasks, predictive modeling, risk assessment, fraud detection, and outcome forecasting
Workflow Automation & E-Filing
Firms are building automation around document generation, compliance workflows, and court submissions for more efficiency and less errors.
Security & Regulatory Compliance
With vast sensitive data involved, there is a growing emphasis on advanced cybersecurity, data privacy, and adapting to jurisdictional insolvency regulations.
Emerging Technologies: Blockchain & Explainable AI
Blockchain is being explored for tamper-evident records and transparency, while explainable AI models are gaining traction to make algorithmic decisions more interpretable during sensitive insolvency processes.
Features I'm designing
Simple, scalable, accessible, and highly functional
AI legal chat assistant
Ask specific questions about cases, documents, or financial data.
Access management
Provides secure, role-based access with AI-driven monitoring to ensure compliance and protect sensitive data.
Case management
Organize documents, automate filings, and surface critical case details instantly.
Task manager
Automates routine assignments and prioritizes workloads intelligently, keeping teams aligned and efficient.
Date tracker
Monitor deadlines and send smart alerts, reducing the risk of missed obligations.
Intelligent dashboard
Real-time financial insights and predictive analytics, helping practitioners spot risks and opportunities at a glance.
Full case study available via interview
App is currently in development and available for demos
