Launched just four months ago by engineers who previously worked for Uber, Google and Amazon, Traact, a SaaS platform that integrates a range of corporate functions in an all-in-one platform, today said it has entered into a strategic partnership with Klea, a Belgium-based provider of AI-enabled legal entity management.
The partnership will…
For solo and small law firms, the current state of legal technology offers both promises and pitfalls. Technology such as generative AI poses traps for the unwary, but for those who understand and embrace technology, there are opportunities to run more profitable and efficient practices, provide better customer experiences, and improve work-life balance.
In light…
Jimoh Ovbiagele, cofounder in 2014 of the now-shuttered AI legal research startup ROSS Intelligence, is returning to legal tech as chief executive officer of a new startup, Bench IQ, that says it is using generative AI to provide comprehensive insights into the decision-making patterns of judges — based not just on their written…
On this episode of LawNext: A conversation about Thomson Reuters’ strategy around generative artificial intelligence with two of the executives most directly responsible for its development and implementation.
In a year dominated by discussion of generative AI and its potential impact on the legal profession,…
Still less than a year since it launched, CoCounsel, the generative AI legal assistant originally developed by Casetext, has had quite a year. Now, as it expands into new markets, we get details on its adoption to date.
It was March 1, 2023, that Casetext launched CoCounsel, a product developed in partnership with OpenAI…
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…
MaxVal Group, a company that provides intellectual property management software for law firms and corporations, has entered into a strategic partnership with Relecura, a developer of AI-enabled patent analytics and insights, through which MaxVal will become a reseller of Relecura’s services and will integrate Relecura’s analytics into Symphony, its flagship IP management platform.…
Beagle, a company that says it is harnessing the power of native AI to make e-discovery “cruelty free,” has raised $3 million in a seed funding round.
The round was led by ML Capital and supported by other investors including Davidovs Venture Collective (DVC) fund and Hugging Face’s co-founder Thomas Wolf.
Beagle says that,…
The AI-driven legal drafting tool Clearbrief has entered into a partnership with legal research company LexisNexis Legal & Professional that provides its customers who are also Lexis subscribers with access to legal content and citations on Lexis while drafting documents within the Clearbrief add-in for Microsoft Word.
With this new integration, Lexis subscribers…
This week brought notable funding rounds for two legal technology companies, Proof and Spellbook, and a much-smaller seed round for a newer legal tech startup.
Proof Raises $30M Series BProof Technology, whose platform facilitates on-demand service of process and electronic filing, has closed a $30.4 million Series B funding round. The round was led…
A new intellectual property tool debuting today uses artificial intelligence to draft patents and office action answers in order to deliver — as its website puts it — “better patents in half of the time.”
Called davinci, the tool was developed by Kili Technology Inc., a company founded in 2018 in France that…
In November, when Thomson Reuters announced the integration of generative AI within its flagship legal research platform Westlaw Precision, it also announced the beta version of a generative AI integration within Practical Law.
Today, Thomson Reuters is formally releasing that generative AI feature in Practical Law, called Ask Practical Law AI, and also releasing…
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