Silks provides a compliance-native AI platform for law firms, embedding Matter AI directly into practice management systems to streamline client onboarding and matter opening. The solution automates conflict checks, AML/KYC, risk assessment, and engagement letter generation in a single workflow, while operating within the firm's own Microsoft-native, UK-hosted environment. It reduces regulatory exposure and accelerates revenue recognition by enabling faster, consistent intake processes.
Funding
Funding not disclosed
Founders
Product
Problem
Law firms face significant regulatory exposure and professional indemnity risk when onboarding clients and opening matters manually. Fragmented workflows for conflict checks, AML/KYC, risk assessment, and engagement letters slow down intake, delay revenue recognition, and increase the likelihood of compliance gaps.
Solution
Silks delivers a compliance-native AI platform that embeds Matter AI directly inside a firm's practice management system, enabling same-day matter opening. The solution automates the full intake workflow—conflict checking, AML/KYC, risk assessment, and engagement letter generation—using fine-tuned models grounded in the structured matter record. It operates within the firm's own Microsoft-native, UK-hosted tenant, ensuring data stays isolated and secure. By reducing time from instruction to action, Silks helps firms lower compliance risks, improve client satisfaction, and accelerate billing and revenue recognition.
Target Audience
Primary customers are law firms using Actionstep or similar practice management systems, particularly those seeking to reduce compliance risk and accelerate matter intake through AI-assisted workflows.
Features
- Fine-tuned engagement letter model that generates client-ready letters in minutes
- Unified workflow combining conflict checks, AML/KYC, risk assessment, and engagement letters
- Matter AI grounded in the structured matter record and operating inside the firm's PMS
- Privacy-first architecture using existing firm identity, with data held in a UK-hosted, Microsoft-native tenant
- Enterprise-grade encryption and isolated client environments for simplified auditing
- Internal referrals feature that improves teamwork and connects firms with new clients