Nagashima Ohno & Tsunematsu, one of the four largest Japanese law firms, has formed an alliance with a legal technology company—a rare move for a major firm in Japan.
Nagashima Ohno formed an alliance with MNTSQ Ltd., an 11-month-old Tokyo-based legal tech startup and an affiliate of Tokyo-listed machine learning technology company PKSHA Technology Inc. As part of the agreement, Nagashima Ohno will invest about $7 million in MNTSQ over the next several years. And MNTSQ will help the firm conduct due diligence using its natural language processing technology.
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