Legal technology company Clio has completed its $1 billion acquisition of vLex, marking the conclusion of the largest deal in legal tech history, and has simultaneously closed a $500 million Series G funding round, along with a $350 million debt facility, valuing the combined company at $5 billion, and clearing the way to…
Alexi Launches Comprehensive Workflow Library to Automate Transactional and Litigation Tasks
The legal AI platform Alexi has launched what it is calling the most comprehensive AI workflow library on the market, designed to help law firms move beyond risky AI experimentation toward reliable, scalable automation of legal work.
The Toronto-based company introduced the Workflow Library in September, describing it as a solution developed for firms…
CLOC Restructures Board, Expanding to 16 Members and Adding Legal Tech Vendors for First Time
The Corporate Legal Operations Consortium (CLOC) today announced a major expansion and restructuring of its board of directors, expanding it from nine to 16 members, the largest increase in the organization’s 10-year history.
In a significant policy shift for the organization, CLOC is formally adding legal technology and service providers to its board for…
Steno Bolsters Its Leadership Team with Two Strategic Hires from InfoTrack and EvenUp
Steno, a tech-enabled provider of legal support and court reporting services, has brought on two experienced legal tech executives to help it continue to scale its litigation support business beyond its core court reporting roots.
The Los Angeles-based company announced today that it has hired Adam Camras as general manager and senior vice…
On LawNext: As SimpleDocs Acquires Law Insider, Founder Preston Clark Shares the Strategic Vision
If content is the raw material of generative AI, it only makes sense that an AI-driven contract automation platform would want to acquire the world’s largest database of contracts and clauses. That is exactly what happened recently when SimpleDocs, a company with an AI contract drafting, redlining and review platform, acquired…
‘No One Can Own the Law’: Amici Come Out In Force to Support ROSS In Appeal of Copyright Ruling Favoring Thomson Reuters
As the long-running litigation between Thomson Reuters and ROSS Intelligence has moved to the 3rd U.S. Circuit Court of Appeals for an interlocutory appeal of the trial judge’s copyright rulings in favor of TR, amicus curiae have come out in force to support the position of the now-defunct AI legal research startup that it did…
Everlaw Announces General Availability of AI Deep Dive, As Well As Major Pricing Changes, at Annual Summit
AJ Shankar, CEO and founder of e-discovery company Everlaw, used the company’s annual Everlaw Summit in San Francisco to announce that Deep Dive, a new AI tool within the company’s platform that enables legal teams to ask questions across millions of documents, will reach general availability before the end of the year following…
Guest Post: What Waymo’s Autonomous Vehicles Can Teach Legal Tech About Deploying Agentic AI
Fresh off his first Waymo ride, Ken Crutchfield observes that autonomous vehicles had to be trained to navigate real streets and make life-or-death decisions years before legal tech began exploring agentic AI. Now, as law firms rush to deploy AI agents, there are crucial lessons to be learned from Waymo’s journey, he says.…
LawNext: Clio CEO Jack Newton on Its New ‘Intelligent Legal Work Platform’ and A New Era Of AI-Driven Legal Work
Last week brought the 13th annual ClioCon — the annual conference of legal technology company Clio — to Boston, Mass., where cofounder and CEO Jack Newton gave a keynote in which he laid out the company’s vision for a new era of AI-driven legal work. That new era is one in which…
Aderant Acquires Virtual Pricing Director to Advance AI-Powered Legal Pricing
Legal business management company Aderant today announced it has acquired Virtual Pricing Director (VPD), the London-based company that created the legal industry’s first practice management-agnostic pricing platform.
The acquisition brings together Aderant’s financial and matter management products with VPD’s AI-powered pricing tools and the expertise of VPD founder Richard Burcher, who is internationally…
Vals AI’s Latest Benchmark Finds Legal and General AI Now Outperform Lawyers in Legal Research Accuracy
A new benchmark study released by Vals AI suggests that both legal-specific and general large language models are now capable of performing legal research tasks with a level of accuracy equaling or exceeding that of human lawyers.
The report, VLAIR – Legal Research, extends the earlier Vals Legal AI Report (VLAIR) from February…
Here’s A Guide To Help You Make Sense of Clio’s New Line Up of Products and Features
In delivering his keynote at the 2025 ClioCon in Boston last week, CEO Jack Newton described the litany of new products and features he announced as “quite literally the biggest wave of innovation in Clio’s history.”
For those in the audience, it was a lot to take in, as Newton announced new products, new features,…
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