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Introduction of Bestone Inc.

2019-04-29 |


About Bestone Inc. 


Founded in August 2006, Shanghai Bestone Inc Information Technology Co., Ltd. (Bestone)is member of Global Growth Companies of World Economic Forum. Headquartered in Shanghai, Bestone Inc. has branches in Beijing, Guangzhou, Nanjing, Hangzhou, etc., currently having 500+ employees.Betone Inc. was first funded by China Culture Industry Investment Fund (initiated by Ministry of Finance) with a registered capital of RMB 384 million. 

 

Bestone Inc. is pioneer of mainland China’s Legal+ Tech, a judicial branch for Ministry of Science and Technology and a participator in designing top systems for legal technological applications. As the first company to provide 24/7 online legal services, Bestone Inc. continuously builds legal service’s cloud platform by technical approaches and efficiently connects resources, making legal services available to everyone.


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Bestone Inc.


Bestone Inc. is capable to integrate legal service systems and resources in the industrial chain to provide systematic and large-scale legal services, which coincides with Axiom’s promising vision “next generation of solutions for complex and large-scale legal endeavors”

 

As a leading solution provider for large-scale and customized disputes resolution in China, Bestone Inc. advances the reform and upgrading of domestic legal services by technical evolvement and marketing operations. Bestone Inc. is a strategic partner of the Nation’s Legal Aid Center of the Ministry of Justice of China and a participant in constructing China's public legal service system as the only industrial contributor in mainland China.



Bestone Inc. Facts:

→ Full time& full range of "online and offline" legal services, covering the whole country

→→ Integrates 3,000 law firms, 40,000 lawyers, and provides a wide range of pan-legal services including notarization, arbitration, intellectual property service  agencies, universities and legal research institutions

→→ Over 2 million legal consults per year

→→ Developed the first multi-role collaborative SaaS legal service platform, and operated nearly 100,000 cases

→→ Collaborates with local governments to develop public legal services. And the free legal hotline services reach more than 250 million people, about 20 percent of the country's population.



Company Highlights



  • Pioneer in personal legal services


Since established, Bestone Inc. has collaborated with the three major telecom operators to provide legal consulting service to the general public. In the era of mobile Internet, the company further developed the first APP for legal service Intermediaries in the industry – “Pocket Lawyer”, leading the new trend.


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Pocket Lawyer


The company provides access to various types of personal legal consulting services, helped 23 million+ people with access to legal services as of EOY 2018. At the same time, by participating in national projects, the company introduced artificial intelligence means to solve the realistic needs of legal consulting, bridging the gap between daily language, legal terms and binary language, and fully improving the efficiency of legal services.


  • Leader in corporate legal services 


On the basis of extensive legal and technological capabilities, experience as well as large-scale legal service practice, Bestone Inc. developed multi-facet collaborative SaaS legal service platform, innovatively combining corporate level SaaS technology and in-depth case operation. This enables legal big data’s usage in specific cases while coordinating and dealing with large-scale disputes, evidently promoting the efficiency in handling disputes. By now, the platform has processed over 100, 000 cases of various types. 



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SaaS Legal Service Platform


Core advantages such as “technical leading edge”, “large-scale customized services” and “full process platform operation” have gained approvals from renowned enterprises such as Alibaba, Ant Financial, PICC, Sinopec, Didi, COFCO, Jiangsu Liquor, etc. 


→→ Litigation management

Integrates litigation and mediation, operates with standardized and refined manner in an industrialized model, which reduces costs, estimates risks and accumulates litigation strategies. 


→→ Legal liquidation

Integrates social resources such as lawyers, police, procuratorates, courts, three major telecom operators and e-commerce platforms and so on, to repair information (find and detect information about people and funds), and recover non-performing assets legally and quickly.


→→ Brand protection

By combining offline crowdsourcing and online technical surveillance, Bestone teams track infringement concisely and quickly; integrates diversified ways of safeguarding clients’ brand rights, and fight against infringers effectively, and helped client to protect brand’s financial and brand interestes.


→→ Electronic data storage

Creatively combining notarization and supervision function in customer-related business scenes by technical means, and synchronizes with notary offices in time, all data in business link are stored in a timely manner, so that the objectivity, authenticity and legitimacy of electronic data evidence can be guaranteed conveniently and effectively.


  • Constructor in public legal services 


Since 2014, Bestone Inc. has focused on collaborating with key areas in the country to continuously explore and optimize the application of Internet, big data, artificial intelligence, etc. in public legal services. Bestone Inc. extensively conducts collaboration with judicial and administrative government bodies, with its operation on 12348 public legal hotline (covers 7 provinces/ cities/ autonomous regions) reaching 250 million people, or 20% of Chinese population.


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Public Legal Services


Since 2018, Bestone Inc. has taken the responsibility to operate China Legal Service website for Nation’s Ministry of Justice (12348.gov.cn), proactively engaging in resource dispatch and management, services standard customization, service efficiency promotion, etc.



Legal + Tech New Championship Annual Convention


 

Bestone Inc. has hosted Legal + Tech New Championship Annual Convention for three consecutive years, attracting government leaders, domestic and foreign experts, renowned corporates’ legal counsels and professionals in large law firms and legal institutions. This event is the most influential in the industry.



  • 1st Legal + Tech New Championship Annual Convention 

8/15/2016 Beijing China 

 

“China's legal service industry can leapfrog the inefficient stage and jump directly to investment and emerging technologies to guide the transformation of the global legal service industry.”Richard Susskind, Information technology consultant for UK Lord Chancellor.


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Richard Susskind


Richard Susskind (Information technology consultant for UK Lord Chancellor and author of Tomorrow’s Lawyers: an Introduction to Your Future)’s first trip to China was to attend the grand event Bestone Inc. organized. The convention also invited over 350 people including famous law firms such as KWM,  Dentons and Zhonglun, lawyers, legal counsels in large corporates such as Alibaba, Tencent, COFCO and LeTV, important members in the new legal professional community such as legal scholars, experts in police, procuratorates and courts, to discuss the new future for people in the legal industry. 


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1st Legal + Tech New Championship Annual Convention


  • 2nd Legal + Tech New Championship Annual Convention 

7/28-7/29 2017 Hangzhou China

 

“What is really impressive about this convention is that although the participants come from different industries, they share common concerns and determinations to learn as much as possible and to advance artificial intelligence in Chinese legal system.”David Curle, Director of legal market intelligence at Thomson Reuters. 


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David Curle


The core concept of the convention was "with the progress science and technology, especially the development trend of artificial intelligence, how does the legal industry reinvent itself ",and set up multiple branches under the subject, such as "law + artificial intelligence", "law + public service", "legal + enterprises", "legal + insurance". More than 600 people conducted in-depth communication surrounding challenges and opportunities in the legal industry.

 

Important international guests include: Prof. Richard Susskund, co-founder of IBM Watson Legal and chief expert Brian Kuhn, President of the International Association for Artificial Intelligence and Law (IAAIL) Giovanni Sartor, Director of legal market intelligence at Thomson Reuters David Curle. Meanwhile, founder of US online listed legal institution Legal Zoom Brian Liu and CEO of world first robot lawyer Ross Intelligence Andrew Arruda both delivered speeches online. 


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Brian Kuhn


Domestically, representatives from the Ministry of Justice, the supreme people's court and the supreme people's procuratorate, as well as judicial departments in major provinces and cities including Guangdong and Zhejiang all attended the convention. Participants also included legal AI experts from multiple institutions, legal directors of large business groups, senior lawyers and other legal technology practitioners.

 

Taking this convention as an opportunity, Bestone Inc. promoted the establishment of a first-rate government-enterprise -university-institution alliance in the field of "law + science and technology".


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2nd Legal + Tech New Championship Annual Convention 


  • 3rd Legal + Tech New Championship Annual Convention 

11/16/2018 Shanghai China 

 

“The US legal service market is very mature, but the Chinese market is very young with many opportunities. It is like a brand new piece of paper without any historical baggage. There is no need to waste your time on what others have already attempted to do.”Brain Liu, Co-founder of Legal Zoom.


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Brain Liu


1 main forum, 7 rounds of sub-forums, 12 rounds of roundtable discussions, dozens of innovative legal service projects, and nearly 100 domestic and foreign experts in the field of legal service sharing experience---The third convention hosted by Bestone Inc. attracted thousands of participants. It has become not only a convention, an exhibition and a demonstration of the community, but also a "Davos" for the emerging legal service industry.

 

Authorities of the Chinese Ministry of Justice, judicial bureau in Shanghai have given support and sent representatives to attend the convention. Cross industry minds from All China Lawyers Association (ACLA), China Computer Federation, China Law Society, China Notary Association, the association of corporate counsel, the association of judicial think tanks, and innovative legal services collided on the convention.

 

Co-founder of Legal Zoom Brain Liu and notable lawyer, the youngest law professor in Harvard history Alan Dershowitz have also joined the dialogue.

 

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Alan Dershowitz


On the convention, China’s emerging legal service community “Legal+” was formally established. Meanwhile, report on the development of China's emerging legal service industry in 2018 was published, analyzing the future development trend in emerging legal service from several perspectives such as legal AI, Internet legal service consulting platform, big data application, law firm management software, legal personnel training, legal service communication and brand, litigation financing and investment, diversified conflict resolution, online contract, blockchain + law, etc. 


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3rd Legal + Tech New Championship Annual Convention



Related links


Post from Prof. Richard Susskind, President of Society for Computers and Law of UK:


Post from Mr. David Curle from Thomson Reuters Legal, Director of Legal Tech Innovation:


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