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…
On LawNext: All About KL3M, The First LLM Built From Scratch for Legal, with 273 Ventures’ Jillian Bommarito
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…
Of All This Year’s Webby Awards Honorees, Just One Is A Legal Tech Company – You Can Vote for It By April 18
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 Launches Developer Portal Giving Access to Over 100 APIs for Legal, Tax, Risk and Fraud
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…
Are You A Dictator? Then Philips’ New Integration with Nuance Dragon’s AI Speech Recognition May Be for You
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…
On LawNext: How Maptician Is Helping Law Firms Optimize Hybrid Office Space, with CEO Alaa Pasha
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…
As It Continues to Expand Beyond Legal Research, Bloomberg Law Acquires Legal Project Management Platform Dashboard Legal
Furthering its expansion beyond legal research and into other products aligned with legal professionals’ day-to-day workflows, Bloomberg Law has acquired Dashboard Legal, a project management and collaboration platform specifically designed for the legal market.
The acquisition builds on the company’s launch last year of Bloomberg Law Contract Solutions, an AI-powered solution for…
Legal Tech Investment News this Week: Luminance for Contracts, Scrut for GRC, TRĒ for CRM, VXT for VoIP
It is only Wednesday, but already this week has brought news of four notable investment deals in legal tech.
LuminanceLuminance, a UK-based company that uses artificial intelligence to automate the generation, negotiation and analysis of contracts, and whose product is also used for e-discovery, has raised $40 million in a Series B funding…
Powered By An Added 18M Cases, Lex Machina’s New ‘Litigation Footprint’ Visually Maps Parties’ Litigation Historys
A new tool from the litigation analytics company Lex Machina, which is owned by LexisNexis, allows attorneys to view visual maps of a party’s litigation history in order to help illuminate the party’s relationships and litigation trends that might not otherwise be obvious but that could be a factor in crafting a litigation strategy…
Legal Tech Startup Ai.law Can Now Draft the Complaint for Your Lawsuit
Ai.law, a legal technology startup that uses artificial intelligence to generate litigation documents, has added a new module that will draft the complaint to initiate a lawsuit.
While Ai.law already had modules for litigation tasks such as answering a lawsuit, responding to discovery, and pulling summaries from medical records, this new module allows a…
Fast Company’s List of World’s 606 Most Innovative Companies Includes Four from Legal Tech
Fast Company is out with its annual ranking of the world’s most innovative companies, and of the 606 companies that made the list, just four are from legal tech.
“The 606 organizations that we honor as Fast Company’s Most Innovative Companies of 2024 have met our high bar for demonstrating innovation and the impact…
On LawNext: InfoTrack’s Mission to Revolutionize Litigation Services Such as E-filing and Process Serving, with CEO Ed Watts
InfoTrack may be one of the fastest growing yet least known legal technology companies in the United States. You may know it more through its brands, including ServeNow for finding process servers, One Legal for California court filing, LawToolBox for court calendaring, and the Legal Talk Network group of…
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