Thomson Reuters said today that it will unveil generative AI enhancements to its flagship legal research product Westlaw Precision on Nov. 15 that will build on its $650 million acquisition of Casetext last June.
TR said it is taking a “best of” approach to product development, leveraging Casetext to accelerate the time for bringing…
Last year, I reported here on the acquisition by LEAP Legal Software, an international provider of cloud-based practice management software for smaller law firms, of WealthCounsel, one of the leading providers of software, training and support for estate planning and elder law attorneys.
Now, building on that acquisition, LEAP is today…
Last May, LexisNexis first revealed plans to launch Lexis+ AI, a new product that would use large language models to answer legal research questions, summarize legal issues, and generate legal document drafts. At the time, it limited availability to a select group of Am Law 50 firms that had agreed to participate in a…
I will confess that when my long-time friend Kevin O’Keefe told me that his legal blogging company LexBlog was developing a generative AI integration, I was not expecting much. I guessed they would simply add a conversational interface somewhere in the right control panel where authors could converse with ChatGPT without having to…
eDiscovery Assistant, a legal research platform for e-discovery case law and resources, is today introducing AI-generated case law summaries.
The feature uses ChatGPT to deliver one-paragraph summaries of court decisions, with the goal of enabling legal professionals to more quickly gauge the relevance and implications of a decision.
“By incorporating AI-generated summaries, we’re providing…
AffiniPay, the parent company of law practice management company MyCase, has sold off the legal accounting software Soluno to another law practice management company, Actionstep, in what the New Zealand-based Actionstep says is an important milestone for its expansion into the U.S. and Canadian markets.
MyCase acquired the cloud-based Soluno in…
Businesses spend significant time, money and effort negotiating that most-common of contracts – the non-disclosure agreement. With the goal of simplifying and standardizing those business dealings, the non-profit organization oneNDA developed an open-source NDA that, since its launch in 2021, has been adopted by more than 1,000 companies, including American Express, Google, Novartis and…
Update: A Reveal spokesperson has now confirmed that the number of employees who have been laid off is 79. Although a WARN Act notice filed in Arizona stated a higher number, Reveal said that was a clerical error and will be corrected.
Yesterday, I reported here on the acquisition by global e-discovery company Reveal…
The e-discovery landscape will be needing a new map after the global e-discovery company Reveal said today that it has acquired two other leading e-discovery companies, Logikcull and IPRO.
The combination of the three companies, Reveal said, will create the first end-to-end e-discovery platform that addresses matters of all sizes and for…
A new international survey of lawyers, law students and consumers finds that nearly half believe generative AI will have a significant or transformative impact on the practice of law.
Conducted by LexisNexis and released this morning at ILTACON, the annual conference of the International Legal Technology Association, the survey polled 7,950 lawyers, law students and…
Last May, I reported here on the emergence out of its stealth development phase of The Contract Network, whose goal is to “radically accelerate the time for contract negotiations” by providing an AI-powered collaboration platform that can be used by all parties to a transaction to more quickly “get to the point” in their…
It has been the legal story of the summer. In June, Thomson Reuters announced that it had signed an agreement to acquire the legal research and AI company Casetext for a jaw-dropping $650 million.
The deal, it said at the time, was subject to regulatory approvals and customary closing conditions and was expected to…
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