Alexi Fires Back at Fastcase Lawsuit with Counterclaims Alleging Anticompetitive Conduct Following Clio’s $1B Acquisition

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Alexi Technologies has filed its answer and counterclaim against Fastcase, vLex, and Clio, accusing the newly merged legal technology giant of manufacturing breach-of-contract allegations as a pretext to eliminate a competitor in the AI legal research market.

In December, Fastcase, now owned by Clio, sued Alexi in the U.S. District Court for the

Clio Completes Historic $1 Billion vLex Acquisition, Announces $500 Million Series G at $5 Billion Valuation, Plus Exclusive Interview with CEO and CFO

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Legal technology company Clio has completed its $1 billion acquisition of vLex, marking the conclusion of the largest deal in legal tech history, and has simultaneously closed a $500 million Series G funding round, along with a $350 million debt facility, valuing the combined company at $5 billion, and clearing the way…

vLex-iManage Partnership Enables Single AI-Powered Search of Internal Firm Documents and External Legal Resources, As Well As Automatic Filing of Federal Litigation Documents

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Document management company iManage and legal research company vLex now have something else in common besides brand names that start with lower-case letters.

The two companies today announced a partnership that will combine the artificial intelligence and docket-monitoring tools of vLex with the knowledge assets and client and matter folders that a law…