This year marks the 10th anniversary of Kira Systems, the first company to develop AI-powered contract analysis, technology that is now becoming commonplace in the legal profession. To mark the anniversary, Kira’s cofounders are releasing a book, AI For Lawyers: How Artificial…
With Acquisition of Foundation Software, Litera Expands Into Firm Intelligence
Continuing an acquisition sprint that started with three acquisitions last year and two the year before, legal technology company Litera has acquired Foundation Software Group, developer of a firm intelligence platform for larger law firms, and announced the formation of the Litera Firm Intelligence business unit.
Foundation’s platform, which can run in the…
In First for Contracts AI, Kira Creates Algorithm to Protect ‘Inferential’ Confidentiality of Training Data
In what it says is a first for artificial intelligence contract-analysis platforms in the legal industry, Kira has developed a differential privacy algorithm that protects the confidentiality of text in model training data when a user shares a machine-learning model with other firms or organizations.
The differential privacy algorithm prevents an attacker from potentially…
Nominations Open for ‘Changing Lawyer’ Awards; To Be Presented At Oct. 1 Virtual Conference
Nominations are open for The Changing Lawyer Awards 2020, four categories of awards that recognize individuals, firms and companies in the legal industry for their roles in embracing and driving change through new technology, service models or behavior.
The awards will be presented on Oct. 1 during The Changing Lawyer LIVE!, a virtual…
Guest Post: Different Approaches with a Common Takeaway Across Legal Tech Incubators/Accelerators
The former founder and CEO of litigation platform Allegory Law, Alma Asay is now an evangelist at Litera, where she serves as a legal technology expert and advisor to Litera clients, helping them to bring innovative ways of thinking and practice to life.
As a legal tech founder, I learned that there were…
Post-ILTA>ON Round-up: Tons of Legal Tech News – Acquisitions, Launches, Updates and More
Last week may have been the first-ever virtual annual conference of the International Legal Technology Association, but just like past years’ face-to-face ILTACONs, this year’s ILTA>ON was the occasion for a flood of major news announcements from legal technology companies.
And given my own perfect storm last week of spending three hours a…
For Litera, ILTA>ON Brought News On Top Of News; ‘No Dabbling,’ Says CEO
“I’m not a big fan of dabbling in things,” Avaneesh Marwaha, the chief executive officer of legal technology company Litera, told me during an interview last week. “If we enter into an area, we want to become the market leader.”
That statement pretty well sums up the company’s news of the past two…
All this Week on Litera.TV: Join Caroline Hill and Me for Live Coverage of ILTA>ON
All this week is a major event for the legal technology community — ILTA>ON, the first virtual annual conference of the International Legal Technology Association.
And all this week at Litera.TV, we will be delivering live coverage of the conference, co-hosted by Caroline Hill, editor-in-chief of Legal IT Insider, and me, and…
Litera Acquires Litigation Management Platform Allegory Law from Integreon
In March, Alma Asay joined Litera, after founding and then selling to Integreon the litigation management platform Allegory Law. Now, Asay and the product she created are together again, as Litera is announcing today that it has purchased Allegory Law.
For Litera, the acquisition adds litigation case management to its…
Like the Netflix of Legal Programming, Litera TV Unveils New Format and Hosts, Plus Live Full-Day Coverage of ILTA>ON
Litera today announced a further expansion of Litera TV, its platform of streaming legal programming, with a new Netflix-like user experience, new hosts, and the announcement that it will provide gavel-to-gavel live coverage of next week’s ILTA>ON conference, with me as one of two anchors hosting the coverage, along with Caroline Hill,…
How Kira’s AI Is Being Used To Support Police Accountability Reform
Kira Systems is known in the legal profession for its machine learning software that identifies, extracts and analyzes text in commercial contracts, often used in M&A due diligence reviews. But in a unique public policy partnership, Kira’s software is being deployed as part of a police-reform initiative aimed at reducing police violence.
The reform…
Career Advice from A Top Lawyer and Head of Innovation at Liberty Mutual
When I invited Robert Taylor, vice president and senior corporate counsel for legal ideation and transformation at Liberty Mutual Insurance, to be my guest earlier this week on Litera.TV, I knew him to be a widely recognized innovator in legal department operations, as was recognized last year when the Association of Corporate Counsel…
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