It was major news April 4 when the legal research and technology companies Fastcase and vLex announced their merger, creating a single entity that they say now has the world’s largest subscriber base of lawyers and law…
How It Works: A Demonstration Of Prokurio, The IP Financial Platform Designed To Enable Businesses To Take Control Of Their IP Costs
In this episode of our video series How It Works, we get a demonstration of Prokurio, whose mission is to make it radically easier for businesses to take control of their intellectual property spending.
Prokurio’s SaaS platform helps companies uncover and eliminate hundreds of thousands of dollars in excessive IP costs and automates complex…
As It Opens Commercial Availability in the U.S., LegalOn Releases GPT-Powered Contract-Editing Tool ‘AI Revise’
Last December, LegalOn, one of Japan’s largest providers of AI contract review technology to corporations and law firms, announced its expansion into the U.S. market, offering limited early access to its product to select users and organizations.
Today, LegalOn is making its platform commercially available to all customers in the U.S., and as…
With Acquisition Of Upper Sigma, Litera Poised to Provide Integrated Legal CRM and Experience Management
Legal technology company Litera today officially announced its acquisition of Upper Sigma, a London-based CRM and marketing platform for law firms that is built on the Salesforce CRM platform.
Litera says that by integrating Upper Sigma with the firm intelligence platform Foundation, which it acquired in 2021, it will be able to…
ABA Says Its Network Hacked; User Names and Hashed Passwords Possibly Accessed
The American Bar Association said last night that an unauthorized hacker gained access to the ABA network and may have acquired usernames and salted and hashed passwords that members would have used to access a prior version of the website.
In a statement, the ABA said:
…“On March 17, 2023, the ABA observed unusual activity
What Makes LLM-Based AI So Smart? Well, Turns Out This Blog Played A Part, Along with Other Legal Sites
Want to be as smart as Google’s BERT or Facebook’s LLaMA? Well then, you should keep reading this blog, as it was used to help train them.
With so much attention being paid to the current generation of AI trained on large language models, such as ChatGPT, most of us know little about the text…
AI Contract Management Platform Lexion Raises $20M Series B to Further Develop Its Technology
Lexion, an AI-powered contract management system for mid-market corporations that emerged out of the Allen Institute for AI, the AI research institute created by Microsoft cofounder Paul Allen, said today that it has raised $20 million in Series B funding, bringing its total amount raised to more than $35 million.
This latest funding…
Aderant Will Soon Launch AI Product to Help Law Firms Comply with Outside Counsel Guidelines
Aderant, the company that provides business management software for law firms, said today that it will soon release an AI-powered product that will automate law firms’ compliance with outside counsel guidelines.
It will launch the product, which it calls Onyx, at its Momentum user conference in Denver May 8-11.
“Law firms have been…
The Good and the Bad of Solo Practice, Per Clio’s Latest Legal Trends Report for Solos
As a solo myself, I can tell you that there is much to be said for practicing on your own – freedom and independence not least among them. In fact, during 2022’s “Great Resignation,” a third of lawyers who quit their jobs did so to start their own solo practices, according to Legal Trends…
Passive Timekeeping Can Earn A Lawyer An Extra $22K A Year, MyCase Data Analysis Shows
Let’s face it, hourly billing is cursed in so many ways. But for the lawyers who bill by the hour, perhaps the greatest curse is simply have to keep track of their time. That is why several companies in recent years have developed passive timekeeping tools for lawyers — tools that keep track of a…
Is ChatGPT Up To the Task of Formatting Bluebook Legal Citations?
A few days ago, The New York Times declared, “A.I. Is Coming for Lawyers.” With GPT-4 having passed the bar exam and legal tech companies launching AI-based legal assistants, it sometimes seems that the potential for AI in law is limitless. But what about that most basic of a lawyer’s tasks —…
Free Access Opens Today To Beta Version of Josef Q, Tool That Uses GPT To Easily Turn Policies Into Q&As
A few weeks ago, I wrote here about the imminent launch by Josef of the beta version of Josef Q, its new product that uses advanced AI to transform policies and regulations — such as those pertaining to privacy, data security, HR and procurement — into digital Q&A tools, so that employees or clients…
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