It is a day of major legal tech deals. Following news earlier today of the merger of Fastcase and vLex, now comes news from Thomson Reuters that it is selling off a majority stake in Elite, its suite of law practice management and financial products for larger law firms, to TPG, a global…
The Strange Case of the Two Legal AI Companies Named Harvey, and their Coincidental Connection to Winston
Wait, are there now two legal AI companies named Harvey? And how is it they both involve a Winston? And why did one disappear overnight? It’s a legal tech mystery.
Last November, a GPT-powered legal AI startup called Harvey came out of stealth mode, revealing it had raised $5 million in funding led…
Legalweek News Roundup Part 2: CASEpeer, Evisort, Everlaw, Hanzo, LawPay, LexCheck, LinkSquares, LegalEase, Logikcull, Milestones, MyCase
This week marked the annual Legalweek show in New York, one of the world’s largest and most prominent legal technology conferences. Although COVID kept me from attending, it is not keeping me from covering the news coming out of the show.
Previously, I posted part one of my roundup of Legalweek news, featuring news from…
Legalweek News Roundup Part 1: Reveal, Casepoint, DISCO, ContractPodAi, HaystackID, Repario
This week brought the annual Legalweek show to New York, one of the world’s largest and most prominent legal technology conferences. Traditionally a place where major legal tech companies announce new products and features, this year was no different, save for slew of GPT-related announcements. As has been the case for several years, e-discovery…
Using Litigation Analytics Is Now ‘Table Stakes,’ Lex Machina Survey Finds
Way back in 2018, as an increasing number of legal technology companies were launching litigation analytics products, I wrote about the trend in a post on Above the Law, where I posited that it could someday be malpractice for a lawyer not to use analytics.
Now, a survey out today from Lex…
Few Legal Professionals Using Or Planning to Use Generative AI So Far, LexisNexis Survey Finds
Few legal professionals are using or planning to use generative AI tools in their legal work, according to a survey conducted March 15-16 and published this week by LexisNexis Legal & Professional.
The survey finds that legal professionals — the survey polled 1,176 U.S. lawyers and 1,239 law students — are generally more aware…
Canadian Bar Association Chooses CosmoLex As Exclusive Preferred Practice Management Software
In a major win for the law practice management platform CosmoLex, it has entered into an agreement with the 36,000-member Canadian Bar Association to be the CBA’s exclusive preferred practice management software for members.
In a country known for having strict regulatory requirements for legal accounting, the CBA said that CosmoLex “checks all the…
Building On Its Acquisition of Parley Pro, LexisNexis Adds Contract Lifecycle Management to CounselLink
Building on its acquisition last year of the contract lifecycle management (CLM) platform Parley Pro, LexisNexis is today announcing the integration of Parley Pro’s CLM capabilities to its cloud-based CounselLink enterprise legal management solution for corporate legal departments.
CounselLink is also today introducing work intake features designed to facilitate the submission and management…
In the Third Legal Tech Rebranding in Three Weeks, 40-Year-Old AbacusNext Rebrands as CARET
There is a saying that once is luck, twice is coincidence, and three times is a pattern. If so, then we now officially have a pattern of legal technology companies rebranding, as it has happened three times in the last three weeks.
The latest to rebrand is AbacusNext, a provider of software for legal and…
As Allen & Overy Deploys GPT-based Legal App Harvey Firmwide, Founders Say Other Firms Will Soon Follow
Yesterday, Allen & Overy, one of the world’s largest law firms, announced that it had integrated the legal artificial intelligence product Harvey into its global practice, where it will by used by more than 3,500 lawyers across 43 offices operating in multiple languages.
I wrote about Harvey in November, when the…
On LawNext Podcast: ‘A Bit Of A Nothingburger’: Joshua Browder Speaks To The DoNotPay Controversy
On this episode of LawNext: Joshua Browder, founder of DoNotPay. Browder achieved international recognition when, at just 17 years old in 2015, he founded DoNotPay, touted as the world’s first robot lawyer, to help people appeal parking tickets. The company claims the…
On LawNext Podcast: Documate Founder Dorna Moini on Rebranding As Gavel and How Law Firms Can Productize their Legal Services
Last week, Documate, the no-code document automation platform, rebranded as Gavel, a move designed to better reflect the company’s mission to become the platform of choice for legal professionals and legal organizations wanting to “productize” the delivery of legal services by packaging services as online legal products.
Gavel founder and CEO Dorna Moini joins LawNext…