ClaimScore, a startup that uses artificial intelligence to help detect fraudulent claims in class action lawsuits, has closed a $3.15 million seed funding round led by ROC Venture Group, a private investment firm based in Naples, Fla.
Founded in 2022, ClaimScore says it is the only software product dedicated to resolving the problem…
Thomson Reuters, continuing to build on its acquisition last June of Casetext and its CoCounsel generative AI legal assistant for a whopping $650 million cash, today disclosed plans to deploy CoCounsel as a single and continuous AI assistant across its entire portfolio of products spanning every professional its serves in legal, tax, risk and…
With so much focus on the use of large language models in law practice, the Kelvin Large Language Model – or KL3M (pronounced CLEM) for short – stands out as distinct for two reasons. For one, it is the first LLM built entirely from scratch specifically for the legal market. In addition, it is…
Every year, the International Academy of Digital Arts & Sciences (IADAS) hands out its Webby Awards, which honor excellence on the internet and recognize influential creators and brands.
There are actually two awards — The Webby Award selected by IADAS and The Webby People’s Voice Award, voted on by the online community of…
The global legal research company vLex today announced the launch of Vincent AI Document Analyze, a new tool in its suite of generative AI features that enables legal professionals to analyze litigation and transactional documents and surface legal and factual information that they can use in preparing a response.
Also today, vLex said it…
Thomson Reuters has launched a global Developer Portal giving access to over 100 APIs, providing tax, legal, risk and fraud professionals with tools to more easily integrate their workflows with the company’s technology, data, content and insights.
TR says that, by providing developers with API access to its data and insights, the portal should serve…
Two teams of law students, as part of their education at Brigham Young University Law School, have developed applications targeting issues of access to justice, and today, on the last day of classes, they will showcase what they have built at a special event expected to be attended by members of the local legal…
While the last few years have brought an abundance of new and innovative legal tech products to market, the fact of the matter is that not every new product will succeed. Inevitably, for whatever reason, some products fail. But one thing for certain is that while some products shut down with a whimper, others go…
If you missed it last Friday, here is Legaltech Week for April 5, 2024.
Among our topics: Banning “nonlawyer,” updates from the International Association of Privacy Professionals, lawyer chastised for Microsoft Word screw-up, and more.
You can always catch all prior episodes as a podcast or on YouTube.
In addition to regular panelists Niki Black, Caroline…
The e-discovery company CS Disco today announced that its board of directors has named Eric Friedrichsen as president and chief executive officer, filling the slot vacated when the company’s cofounder Kiwi Camara stepped down as CEO last September in the wake of allegations that he had groped a female employee.
Since Camara’s…
Litera today released a new product that uses generative artificial intelligence to create a database of corporate deal terms from a law firm’s own documents, in order to give legal teams easy access to al relevant data points from prior transactions, whether for negotiating a deal or pitching a potential client.
The product, Foundation…
I am not a dictator (although some in my family may at times disagree). But I know that, for many lawyers and legal professionals, dictation is the only way to go. If you are one of them, you may want to check out the integration announced today by Philips Dictation of Nuance Dragon’s AI-powered…
Robert Ambrogi Blog
