Linklaters is investing in the document creation and analysis platform.

Linklaters has joined forces with some of the world's largest banks to invest approximately $27 million into a digital document creation and analysis platform.

In a statement, the law firm announced its new partnership with H4, a London-headquartered digital platform that facilitates documentation development in capital market transactions.

The platform aims to deliver digital smart documents that issuers, lawyers and underwriters can collaborate and amend in real-time, according to the statement.

Paul Lewis, global head of finance at Linklaters, said in a statement: "We are excited to have entered into a strategic partnership with H4. The digital platform is revolutionising the way we use legal documents in our capital markets practice.

"Our clients are already receiving value from the technology in the production of prospectuses and we are exploring where else we can extend its use so that more clients can benefit from this new and exciting technology."

The consortium also includes investment banks J.P. Morgan, Goldman Sachs and Barclays, which have together invested approximately $27 million in the next-stage development for the platform.

The news comes as law firms continue to aid start-ups. Rival firm Allen & Overy unveiled the fourth cohort of its flagship legal tech incubator, Fuse, last week.

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