Daniel Lewis has witnessed legal technology’s evolution from multiple vantage points that few others can claim. As a Stanford law student in 2012, he and classmate Nik Reed co-founded the legal research startup Ravel Law with the audacious goal of taking on LexisNexis and Westlaw using machine learning and data analytics – at a…
LegalOn Closes $50M Series E, Partners with OpenAI to Develop Advanced AI Agents
LegalOn Technologies, a global company that provides AI-driven software for contract review and matter management, has closed a $50 million Series E funding round led by Goldman Sachs Growth Equity, bringing the company’s total funding to $200 million since its founding in 2017.
The company also today announced a strategic collaboration with OpenAI, the…
Contract Review Platform LegalOn Expands Into Matter Management and Updates Its Interface
LegalOn Technologies, a legal technology company that until now has focused on AI-driven contract review, said today that it is expanding into matter management with a major upgrade to its platform that allows legal departments to manage the intake and execution of legal requests.
“We want to help legal…
LegalOn Expands AI Contract Review Platform with Feature to Create Custom Playbooks
LegalOn Technologies today released My Playbooks, a new feature that enables legal teams to customize the platform’s AI contract review system according to their internal standards and preferred language.
The feature allows organizations to convert their existing contract review guidelines into automated workflows, with the AI identifying issues and generating redlines based on the…
The 25 Largest Legal Tech Investments of All Time
In reporting yesterday on the record-setting $900 million investment in law practice management company Clio, I included a list of the 10 largest previous investments in legal tech. It did not take long for me to learn that the list was incomplete.
So I set about trying to come up with a more accurate…
Contract Review Company LegalOn Releases Generative AI Assistant to Shortcut Key Tasks
The contract review company LegalOn Technologies today released LegalOn Assistant, a generative AI chat interface that can answer questions about your contracts, draft clauses, summarize contract terms, and more.
The assistant is available directly within LegalOn’s in-browser contract editing interface and it is available immediately to all customers at no extra cost.
The…
Generative AI, Having Already Passed the Bar Exam, Now Passes the Legal Ethics Exam
Well, it’s happened again: Generative AI has passed a critical test used to measure candidate’s fitness to be licensed as a lawyer.
Back in March, OpenAI’s GPT-4 took the bar exam and passed with flying colors, scoring around the top 10% of test takers.
Now, two of the leading large language models (LLMs) have…
LegalOn Expands from Contract Review to Drafting with Addition of 100+ Lawyer-Drafted Contract Templates
LegalOn, a company that was already one of Japan’s largest providers of AI contract review technology when it launched into the U.S. market last December, today is announcing its expansion into contract drafting with the release of LegalOn Templates, a collection of more than 100 market-standard templates created and kept current by attorneys…
As It Opens Commercial Availability in the U.S., LegalOn Releases GPT-Powered Contract-Editing Tool ‘AI Revise’
Last December, LegalOn, one of Japan’s largest providers of AI contract review technology to corporations and law firms, announced its expansion into the U.S. market, offering limited early access to its product to select users and organizations.
Today, LegalOn is making its platform commercially available to all customers in the U.S., and as…
Time to Vote! Pick the 15 Finalists to Compete At Startup Alley at ABA TECHSHOW 2023
Help pick the 15 legal tech startups that will get to compete at the seventh-annual Startup Alley at ABA TECHSHOW 2023. Your votes determine the 15 companies selected to face off in a live pitch competition that will be the opening-night event of this year’s TECHSHOW, which is March 1-4 in Chicago. They also…
Major Japanese Contract Review Company Expands to U.S.; Names Former Ravel Law Founder and LexisNexis Exec Daniel Lewis As CEO
In Japan, the legal technology company LegalOn, which has operated there under the name LegalForce, is one of the largest providers of AI contract review technology to corporations and law firms, with more than 3,000 customers, 400 employees and $131 million in fundraising, including $101 million this year.
But in the U.S., LegalOn is…
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