It has been a whirlwind year for the Open AI-backed, generative AI legal tech startup Harvey, which went from a $5 million seed round in November 2022 to a $21 million Series A in April 2023 to an $80 million Series B in December 2023 at a valuation of $715 million.
It…
According to Upsolve, a nonprofit company whose technology helps low-income individuals file for bankruptcy for free, Americans owe $1.77 trillion in student loan debt — 93% of it to the federal government.
Since 2017, Upsolve’s debt relief tools have helped more than 13,000 individuals erase more than $750 million in debt. But, due to…
In a pair of AI announcements this week, LexisNexis said that it has significantly enhanced the speed and capabilities of its Lexis+ AI legal AI Assistant, and also that it has launched the commercial preview of Nexis+ AI within its Nexis news and business information research service.
LexisNexis first released Lexis+…
Almost exactly one year ago, a new legal tech startup, The Contract Network, came out of stealth, with a mission to “radically accelerate the time for contract negotiations” through an AI-powered contract collaboration platform where all parties to a deal engage in a secure and neutral environment.
The company’s cofounder and CEO, Jim…
Four years. No institutional capital. An incredible co-founder. Tenacious execution. Lucky timing. And a belief that what we were doing was important. Simply put, it was as rollercoaster.
Dashboard Legal was born from a needI remember sitting on the 45th floor of Bank of America Tower, 7 years into a corporate biglaw career, and…
ClaimScore, a startup that uses artificial intelligence to help detect fraudulent claims in class action lawsuits, has closed a $3.15 million seed funding round led by ROC Venture Group, a private investment firm based in Naples, Fla.
Founded in 2022, ClaimScore says it is the only software product dedicated to resolving the problem…
Thomson Reuters, continuing to build on its acquisition last June of Casetext and its CoCounsel generative AI legal assistant for a whopping $650 million cash, today disclosed plans to deploy CoCounsel as a single and continuous AI assistant across its entire portfolio of products spanning every professional its serves in legal, tax, risk and…
With so much focus on the use of large language models in law practice, the Kelvin Large Language Model – or KL3M (pronounced CLEM) for short – stands out as distinct for two reasons. For one, it is the first LLM built entirely from scratch specifically for the legal market. In addition, it is…
Every year, the International Academy of Digital Arts & Sciences (IADAS) hands out its Webby Awards, which honor excellence on the internet and recognize influential creators and brands.
There are actually two awards — The Webby Award selected by IADAS and The Webby People’s Voice Award, voted on by the online community of…
Thomson Reuters has launched a global Developer Portal giving access to over 100 APIs, providing tax, legal, risk and fraud professionals with tools to more easily integrate their workflows with the company’s technology, data, content and insights.
TR says that, by providing developers with API access to its data and insights, the portal should serve…
I am not a dictator (although some in my family may at times disagree). But I know that, for many lawyers and legal professionals, dictation is the only way to go. If you are one of them, you may want to check out the integration announced today by Philips Dictation of Nuance Dragon’s AI-powered…
Timing is everything, it is said, and so it was either ironic or fateful that Maptician — developed as a hoteling platform to help law firms and businesses manage office space — launched in 2019, just before the pandemic and a period in which offices once bustling with people turned into downtown ghost…
Robert Ambrogi Blog
