Eve, an AI platform for plaintiffs’ law firms, has raised $47 million in Series A funding, in a round led by major venture capital firm Andreessen Horowitz (a16z), with participation from Lightspeed Venture Partners and Menlo Ventures. The company says the investment will support its rapid market growth and drive its product development and…
Exclusive: LexCheck Unveils AI-Powered Tool for Analyzing Complex Agreements and Auto-Generating Custom Playbooks; Opens Waitlist for Free Access
LexCheck, a legal technology company specializing in contract review, is launching a new AI-powered contract analysis tool that aims to solve two persistent challenges in contract technology: the ability to handle complex agreements beyond routine contracts such as NDAs, and the creation and maintenance of contract playbooks.
The company’s new product, LexCheck Insights, combines…
Agiloft Acquires Screens, AI Contract Review Technology Based On Expert-Built Playbooks
The contract lifecycle management company Agiloft today said it has acquired Screens, developer of a generative AI contract review and redlining product that uses expert-created and auto-generated playbooks to “screen” and redline contracts.
“This strategic acquisition will enhance Agiloft’s data-first Agreement Platform and contract management capabilities, by standardizing the contract review process, promoting…
Exclusive: American Arbitration Association Partners with Clearbrief to Offer AI-Powered Legal Writing Tools To Its Panelists and Parties
The American Arbitration Association-International Centre for Dispute Resolution (AAA-ICDR) and the legal technology company Clearbrief today announced a partnership by which AAA-ICDR will provide Clearbrief’s AI-powered writing and document analysis tools to its panel of 5,500 arbitrators and mediators.
The partnership follows a successful six-month pilot program and represents a continuation of AAA’s…
Epiq Global Launches AI-Powered E-Discovery Platform and AI Research Lab
Epiq Global announced today the launch of Epiq AI Discovery Assistant, an artificial intelligence-powered platform that aims to automate significant portions of the document review process, along with the formation of Epiq AI Labs, a research initiative focused on developing advanced AI technologies for legal applications.
To lead the new lab, Epiq has hired AI…
On LawNext: Insights on Leadership and Innovation in Legal Education, with Anastasia Boyko
Anastasia Boyko likes to say that she’s Goldilocks-ed her way through her career. True, it’s been a varied career, as she’s tried out different roles, but it is a career that has taken her full circle, from Yale Law School, where she graduated, and then eventually back to Yale Law to create a…
Voting Is Now Open! Pick the 15 Finalists to Compete At Startup Alley at ABA TECHSHOW 2025 in April
With this post, voting is now officially open! Help pick the 15 legal tech startups that will get to compete at the ninth-annual Startup Alley at ABA TECHSHOW, April 2-5, 2025. Your votes determine the 15 companies selected to face off in a live pitch competition that will be the opening-night event of this year’s TECHSHOW,…
Alexi Says Its New AI Tool for Litigators Is Capable of Advanced Legal Reasoning
The Toronto-based company Alexi, whose platform provides AI-driven tools for litigators, said today that it has launched an “advanced legal reasoning” capability that will “elevate litigators’ capacity to analyze and understand the full complexities of issues and facts of any given litigation file.”
In a press release announcing the news, Alexi claims that…
AI-Powered Tool Launches to Help New York Tenants Enforce their Repair Rights
Housing Court Answers, a nonprofit tenants’ rights organization in New York City, today launched Roxanne, a first-of-its-kind AI-powered tool created to help tenants navigate issues related to housing repairs.
Developed in partnership with New York University School of Law and the legal automation company Josef, the AI assistant helps renters in New…
With Launch Today of ‘Playbooks,’ Gen AI Company Spellbook Expands Into In-House Legal Market
Spellbook, the company that introduced the first generative AI copilot for contract drafting and review in 2022, and that last August launched a sophisticated AI agent for law capable of planning and executing complex, multi-step workflows, today rolled out Playbooks, a contract-review feature designed for in-house teams working in corporate legal departments.
“We…
Report from Thomson Reuters and Georgetown Law Says 2024 Was the Beginning of the End for the Traditional Law Firm Business Model
In their annual report on the state of the U.S. legal market, Thomson Reuters and the Center on Ethics and the Legal Profession at Georgetown Law say that 2024 was a pivotal year for law firms, marking the beginning of the end for the traditional law firm business model and perhaps also of the…
On LawNext: A Deep Dive Into Washington’s Newly Approved Pilot to Allow Non-Lawyers to Practice Law
On Dec. 5, in a move to enhance access to justice, the Supreme Court of the state of Washington issued a historic order authorizing a regulatory reform pilot program by which entities not owned by lawyers will be able to deliver legal services. The move makes Washington…