In news that is perhaps an indicator of the legal industry’s interest in generative AI, the document management company NetDocuments said today that its launch of PatternBuilder MAX AI was its “most successful product launch by a factor of 10.”
From the product’s initial launch in October to early last month, the product…
Among the most enduring yet dramatic success stories in legal tech is that of iManage, the document and email management company. Founded in 1995, its collaborative approach to content management made it popular among among law firms virtually out of the gate, and it was acquired eight years later for $171 million by Interwoven.…
By Ari Kaplan, Ari Kaplan Advisors [Sponsored Post]
In collaboration with Affinity Consulting, iManage, and SurePoint Technologies, I was fortunate to interview 18 chief operating officers, 10 executive directors, one chief executive officer, and one chief administrative officer at law firms, with a median of 140 professionals and 73 lawyers,…
Two years ago, Clio, the law practice management company, made an offer that some law firms might have found difficult to refuse. It offered to buy them out of up to six months of their contracts with competing practice management platforms if they switched to Clio’s platform.
Now Clio is reviving that offer, which…
One of the most talked-about legal technologies of the last few years is contract lifecycle management software. But a survey released today finds that the majority of companies do not use CLM software at all, and of those that do have a dedicated CLM system, most use it only on a limited basis.
Instead of…
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A common pain point for law firms is failing to track and invoice all reimbursable client expenses, resulting…
During ABA Techshow last week in Chicago, I had the opportunity to sit down for a brief conversation with Jack Newton, founder and CEO of law practice technology company Clio, who provided additional details on some of the company’s recent news.
We discussed Clio’s greater focus on midsized law firms, its impending launch…
Law practice management company Clio said today that Lawyaw, the document automation software it acquired in 2021, will now be called Clio Draft.
The new name reflects a deepened integration of products and services since the acquisition, Clio says.
“Uniting under the Clio banner gives us a clear focus on delivering value to our…
Thomson Reuters is shutting down its Firm Central law practice management software and will discontinue support for the product after Sept. 30, 2024.
Thomson Reuters launched Firm Central in 2013 at a media event in its then-headquarters in Eagan, Minn., as its answer to a then-growing crop of cloud-based practice management software such…
Starting this year, many companies will be required to report information about their beneficial owners — the individuals who ultimately control the company. With that new requirement come new products to help companies and their legal counsel comply. I reported on one of these last month, and now there is another.
The legal technology company Clio, which started 16 years ago as a law practice management platform tailored to solos and small firms, said this week that it will now heighten its focus and investment on technology for mid-sized law firms of more than 20 employees.
“In an era where technological advancement defines business success, mid-sized…
TermScout, an AI contract review company, has launched a first-of-its-kind AI marketplace where lawyers and other contracting experts can build and sell their own contract review AIs, developed based on their unique expertise.
The marketplace, called Screens, provides lawyers with an opportunity turn their expertise from a service into a product, while at…
Robert Ambrogi Blog
