Earlier this year, Mark Britton left Avvo, the often-controversial company he founded in 2006 and led as CEO, after selling it to web behemoth Internet Brands. Explaining his departure in a memo to his staff, he wrote, “It’s time for me to go.”
In the latest episode of LawNext, Britton reflects on his 12 years…
In July, Thomson Reuters unveiled Westlaw Edge, the next generation of its legal research platform that uses artificial intelligence and advanced analytics to help legal professionals find answers and perform research more efficiently. The engineering of the AI that went into that was spearheaded by Dr. Khalid Al-Kofahi, vice president of research…
A study released this week pitted two legal research platforms against each other, Casetext CARA and Lexis Advance from LexisNexis, and concluded that attorneys using Casetext CARA finished their research significantly more quickly and found more relevant cases than those who used Lexis Advance.
The study, The Real Impact of Using Artificial Intelligence…
What does it mean to practice data-driven law? On this episode of LawNext, I speak with Jeff Pfeifer, the LexisNexis vice president charged with driving overall product strategy for LexisNexis Legal and Professional, North America. Over the past several years, Pfeifer has spearheaded a series of acquisitions and product developments, all…
The legal analytics platform Lex Machina, which is owned by LexisNexis, has been steadily expanding its coverage into new practice areas, and today has added insurance litigation.
The new module provides analytics for more than 92,200 cases pending in federal court since 2009 that involve disputes between an insurer and a policyholder, a beneficiary,…
The legal services company LegalZoom today announced a $500 million secondary investment led by Francisco Partners and GPI Capital, with Franklin Templeton Investments and Neuberger Berman Investment Advisers also participating.
Existing investors will retain meaningful stakes in the company, the announcement said. Global private equity firm Permira will remain the largest shareholder. Bryant…
LexisNexis has been positioning itself in recent years as the leader in legal analytics. In addition to acquiring three legal analytics companies – Intelligize, Lex Machina and Ravel Law – it has been developing analytics of its own within various of its products.
Now, in a major move to integrate all those products and…
It was eight years ago that Thomson Reuters unveiled WestlawNext to great fanfare, eventually phasing out classic Westlaw entirely. A lot has changed in those eight years, both in the legal market and in legal technology.
Today, Thomson Reuters is officially announcing its next-generation legal research platform, Westlaw Edge, which uses advanced artificial intelligence…
Legal directory Avvo is shutting down its controversial Avvo Legal Services, a service that provides fixed-fee, limited-scope legal services through a network of attorneys.
Internet Brands, the company that acquired Avvo last January, has decided that the service does not align with its business and focus, according to a letter sent by B.…
Budgeting legal matters is the bane of many a law firm. Whether creating a budget for an hourly matter or setting a price for a fixed-fee representation, firms fear setting prices too low or too high.
A new cloud-based product from Thomson Reuters Elite, 3E Matter Pricing, provides a suite of tools intended…
Firm Central, the Thomson Reuters cloud-based practice management platform, recently rolled out a new reporting module, replacing its former reporting feature with more robust features and a wider array of user options.
In addition, Firm Central has introduced a number of improvements in recent months to its time and billing functions and across various…
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