Articles Posted in June, 2023

The Rumors Were True: Thomson Reuters Acquires Casetext for $650M Cash

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Rumors had been swirling that Thomson Reuters was about to acquire Casetext, and they proved to be true.

Just before 9 p.m. Eastern time today, TR said it had signed a definitive agreement to acquire Casetext for $650 million cash.

“The proposed transaction will complement Thomson Reuters existing AI roadmap and builds on its recent…

In A First For A State Bar, Florida To Provide All Members With Free Trust Accounting Software To Help Ensure Compliance And Protect The Public

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In what appears to be a first for a state bar association, The Florida Bar is providing each of its 110,000 members with free access to legal trust accounting software – a move its new president believes will help attorneys better comply with trust accounting requirements and better protect the public from trust violations.…

New Visalaw.ai/AILA Product Uses GPT-4 for Immigration Law Research, Drafting and Summarization

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A new generative AI product for immigration lawyers announced today is designed to help them conduct research, draft and summarize complex legal documents, and engage with potential clients through a chat interface.

Called Visalaw.ai Gen, the product has been developed as a collaboration between the company Visalaw.ai, the technology affiliate of the immigration law…

ECFX, Platform for Distributing and Managing Electronic Court Notices, Raises $7 Million Growth Investment

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ECFX, a company that automates the downloading and distribution of filings in federal and state court cases, has taken a $7 million minority growth investment led by Growth Street Partners, with additional participation from The LegalTech Fund, which specializes in investing in innovative legal technology companies, Cove Fund, and other existing investors.…